Legendary trader Jesse Livermore was quoted as saying that the big money was made on the waiting. While I’m not comparing myself with Livermore — I wish, although he did shoot himself — it does seem as though in my Trading Trail account I’ve been doing more waiting than buying or selling.

In my trading trail account, my Admiral position finally stopped out when the price fell today to trigger my guaranteed stop order at 892p. At first glance it netted me a £89 profit, but that’s not the whole story.

Having begun this real-life position spread trading project with £1000 of Trading Resources and no open positions, at this point I find myself with almost 50 positions — most at £1-per-point, a few at £2-per-point

Did you see how far the price of Thomas Cook shares gapped-down yesterday? I wasn’t holding any position in Thomas Cook, but I took the gap-down as my cue…

Being the falling-knife-catching contrarian that I am, I was tempted to take a punt on Keller Group shares, until I saw the massive 20-point spread.

While I generally don’t go in for very much technical analysis pattern spotting I have noticed that over the past couple of weeks the FTSE 100 has been tracing what appears to be a bearish descending triangle…

Last week I wasn’t afraid of dipping in and out of a stock like Homeserve, even several times within the same day, with a frequency that may be symptomatic of day trading.