RSSAuthor Archive for Terrapin Trader

First found out about options in 1995.From the arcane magazine Exchange and Mart! First trade- a covered call on VOD in 1999. Made 10%,VOD almost doubled. That's when I realised I was not a good trader,and I was forgiven thanks to the amazing world of exchange traded options

Trade Zero.0.7 Week Ending 24 April

Trade Zero.0.7 Week Ending 24 April

That Was The Week, FTSE  Went Nowhere How often do we see week after week that the market went nowhere? In a pandemic? Thus, this trader thinks it’s still a lucky dip/lottery/ shooting gallery at the funfair. However, Stockcharts.com made these 2 free videos that are of interest to anyone who trades and needs some […]

Trade Zero 0.6 Week Ending 17 April

Trade Zero 0.6 Week Ending 17 April

That Was The Week -Curate’s Egg of A Week Conflicting Covid reports continue to move the market. However,the financial media tell us the market looks 12-18 months ahead. Comedy gold. We continue to suggest that this market is just for pure punters and normality is some months hence. I think many of us have followed: https://www.worldometers.info/coronavirus/ […]

Trade Zero 0.5 Week Ending 10 April

Trade Zero 0.5 Week Ending 10 April

That Was The Week of XXX Largesse- The US up 12% Well, the stockmarkets are loving the trillions borrowed from the future. Outside of this bubble the real world knows that when 16.5 millions lose their jobs, they do not buy stocks. Not next month, not next year. The unemployed have debt and little access […]

Week Ending 03 April

Week Ending 03 April

That Was The Week You’d have to applaud the powers that be as the market has not gone into total meltdown. So, does that mean they have priced in the risk? No. Nobody can make a market other than by putting out hugely wide spreads and seeing who bites. And yet-volumes have ramped up since […]

Trade Zero 0.3 Week Ending 27 March

Trade Zero 0.3 Week Ending 27 March

  That Was The Week Oh my! Mr. Market made mighty swings in a week that went from <5000 to >5800. Seems a little futile talking % up or down. We can learn very little from this market as the drivers are so peculiar. Central bankers are pouring untold amounts  into markets. Many countries have ramped […]

Trade Zero 0.2, WeekEnding 20 March 2020

Trade Zero 0.2, WeekEnding 20 March 2020

Should We Even Be Trading? Chances are that as short selling has been banned in most of Europe, the derivatives markets may be suspended. I will, however explain what I have done recently. Should it be a help to anyone. So let’s start with a few confessions: I often say I am a terrible trader […]

Trade Zero.01 Week Ending Friday 13th March

Trade Zero.01 Week Ending Friday 13th March

Charts and More Charts     Why This Cannot Continue So, this trader cannot see how the markets can continue to trade, based on pure conjecture, as it’s a one way bet. Nobody can quantify this,as it’s based on the ‘projections’ of infection, so we’ll leave that alone. The charts say it all. Twitter followers […]

Trade ZERO Week Ending 06March

Trade ZERO Week Ending 06March

That Was The Week- Not So Bad Considering………. Previously FTSE had lost >11% in one week and there seemed to be no bottom in sight. No change there, as nobody is making predictions. Of course the crazies are out saying buy buy buy. They do not know anything, they are just people desperately talking their […]

COVID-19 Means Closing Out and No Trades For Now

COVID-19 Means Closing Out and No Trades For Now

    There may be a break in our weekly missives due to the virus. We sincerely hope our readers are ok with their trades. There is no way to quantify the effects of this virus and it would be churlish to talk up the markets. Stay safe, and for those not clear about trade […]

Trade 170 Week Ending 21 February

Trade 170 Week Ending 21 February

That Was The Week FTSE Dipped Toes, and Shrank Back From the Water’s Edge No dives this week. Those awful puns just keep coming! Our financial news is so confusing with so much ‘good’. Yet AAPL and Nasdaq taking a 2%+ hit as COVID-19 takes its toll on production in China. We know of UK […]