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Archive for March 14th, 2008

Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
Should I Laugh Or Cry?
Posted by FT on March 14, 2008

Crickey! What an afternoon! I’ve been guilty of a barrage of cursing, plenty of derision and a terrace full of cheers. I ought to shut the screens off early today, but I reckon I’ll be sneaking off upstairs for a few cheeky peeps at the Dow this evening.


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
Wolseley and Ted Baker
Posted by Garden Gnome on March 14, 2008

On Monday look out for interim results from building materials company Wolseley. This is a company I have covered before here but I thought it worthy of further comment following a controversial ‘SELL’ recommendation by the company’s own broker.


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