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Archive for March 28th, 2008

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.
 Bank of Ireland and Cairn Energy
Posted by Garden Gnome on March 28, 2008
Category: Shares & Indices, Trades With Legs by Garden Gnome 2 Comments

Bank of Ireland is due to issue a full year pre-close trading update on Monday morning. It last updated the market in mid-February, so it is unlikely that there will be many new surprises; however at the last update the company surprised some analysts


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.
 Giving A Bit Back
Posted by FT on March 28, 2008
Category: Trade Diaries, Currencies by FT 5 Comments

Perhaps I should have taken more notice of the headlines this morning before trading; I sold EURGBP, looking for a quick correction, but missed out by a few pips. Instead of earning my beer money I ended up giving away £240, and that always hurts on a Friday.


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