Registered:
22/05/09
Seen:
Sun 6:57pm

Comments
324

Real Name: Andrew

Occupation: Company Director, Private Investor

Interests: European Markets, Funds, Gold, Stocks

Fantasy Fund: Defy the market


Investment Strategy
I trade... weekly
I tend to buy... according to my system
I hold for... a few months
I invest with... <£500k
Diversification is ... essential to reduce risk

Under review after trying the following:

Momentum, value and quality but above all momentum. Emphasis depends on the season. Heavily influenced by Miniverni, O'Neil and Darvas.

If fundamental criteria are met, I buy, ideally as previous resistance (supply) is overcome (if there is any) on new highs. If there isn't resistance (supply) to overcome, then new highs are the criteria (55 day). In essence this is a turtle trader/Darvas box breakout technical strategy.

I look to sell when when fundamentals change, or when momentum changes and begins to break down (essentially a draw down from the high determined by 'lower low', trailing stop, absolute stop of high - 15%-20%). Periods of consolidation and a failure to make new highs will result in a tightening of the stop although rarely more than weekly. A breakout followed by a fallback into a consolidation region will give me pause for thought! I accept that I won't call the top, but also accept that shares may pause and need room to breath. I'll also tighten a stop if a 'breakout' fails to manifest.

Position size reflects volatility and spread. I tend to ignore shares with spreads above 150 basis points, favour low spreads and ignore 'low volume' shares, by which I mean where my trades will result in a significant price movement; I don't want my trades to be the ones that set the prices and ideally want to be able to enter and exit relatively easily. The higher the spread the lower my position size. As a rule of thumb up to 10% of my portfolio for spreads less than 1% to no more than 2.5% of portfolio for spreads at 4%+ - although the investment case would have to be very strong to consider a 2.5%+ spread.

I make use of charts to identify breakouts, support (demand) and resistance (supply) as well as OHLC and candlestick variations.



HumourMe's Latest Blogs
1

Sector scuttlebut!

HumourMe Thu 11:01am
2
0

Timeliness update status

HumourMe 22nd Feb
0
5

Not a review of The Art and Science of Technical Analysis

HumourMe 22nd Dec '19
2
0

Trading Information pop up - Bid and Ask volumes

HumourMe 11th Sep '19
12
19

Woodford top 10 holdings

HumourMe 18th Jun '19
7


HumourMe's Latest Comments
0

Sector scuttlebut!

HumourMe Thu 11:01am
0
0

Trading U.K stock market using Mark Minervini strategy

HumourMe Wed 9:36am
0
0

Investing for Dividends - Is it a Busted Flush?

HumourMe 29th Mar
1
0

Investing for Dividends - Is it a Busted Flush?

HumourMe 29th Mar
1
1

Trading the Trend - is this a sucker's rally?

HumourMe 28th Mar
0
HumourMe's Top Awards 6

Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis