Stock trading for complete beginners

coastline

coastline wrote: »

Well I'll have a go using a Stochastic system based on a daily chart and yes nothing works all the time otherwise we would all do it.
Here goes with a sell at 7040 on the FTSE 100 using the ETF ISF.L
We've broken through the overbought 80 on the indicator so thats a sell and we have 10 grand after the sale.
We'll only buy back if the blue breaks the yellow or we are below 20 and the blue curls up again.
So its £12 a deal and a reasonable 0.2% spread as is pretty common.

http://investing.thisismoney.co.uk/charts/?epic=UKX&compareTo1=&compareTo2=&period=MONTH3&type=2&indicator%5B%5D=SlowSTO&draw=

A 1 year chart and you can see at least 6 nice set ups for a buy below 20 and a sell above 80 on the indicator.In that period the FTSE 100 has gone from 6400 to 7000 which is around 10%.

http://investing.thisismoney.co.uk/charts/?epic=UKX&compareTo1=&compareTo2=&period=YEAR1&type=2&indicator%5B%5D=SlowSTO&draw=

Buy using the same system at 6704 after selling at 7040...
Due a bounce from here unless we are "trumped"..

coastline

coastline wrote: »

Buy using the same system at 6704 after selling at 7040...
Due a bounce from here unless we are "trumped"..

Sell confirmed around 7300-7250 last week...
I'll try to post real time as previous for the buy...

http://investing.thisismoney.co.uk/charts/?epic=UKX&compareTo1=&compareTo2=&period=MONTH3&ty%20%20pe=2&indicator%5B%5D=SlowSTO&draw=

coastline

After giving a buy signal around 7125 early Feb we now have a sell at 7300..
Since the first post in October that's around 1100 FTSE points compared to an index move of 250 points from 7040 to 7300.
All costs would have been more than taken care of buying back cheaper.

http://investing.thisismoney.co.uk/charts/?epic=UKX&compareTo1=&compareTo2=&period=MONTH3&ty%20%20%20%20pe=2&indicator%5B%5D=SlowSTO&draw=

A nice clear chart...
Select 3 months time period and tick the Indicator Slow Stoch..
There's another signal to buy late April at 7100.

http://moneyweek.com/prices-news-charts/ftse-100/

coastline

After the buy around 7100 we have a sell today at 7460..
That's around 1450 points in the time the FTSE has moved from 7040 to 7460.
Back in a while..:)

coastline

coastline wrote: »

After the buy around 7100 we have a sell today at 7460..
That's around 1450 points in the time the FTSE has moved from 7040 to 7460.
Back in a while..:)

buy FTSE 7330...

coastline

coastline wrote: »

buy FTSE 7330...

Sell FTSE 7500..

Total points around 1600 since last October compared to FTSE 7040 -7500..460 points.

bulltraderpt

One wonders if we are genuinely entering a bear market or whether this is a correction of sorts?

A reasonably well balanced article here: https://www.ukvalueinvestor.com/2018/03/ftse-100-bull-market.html/