Episode 8 – Andrew Saks-Mcleod from Finance Feeds says BUY BUY BUY!
Andrew Saks-Mcleod from Finance Feeds returns to tell the Two Blokes why he believes now is time to BUY BUY BUY! He is resolutely positive following Brexit and believes that the long term effects of leaving the EU will have a positive impact on British business and therefore it is a good time to look at buying, particularly any stocks still trading at a discount following the Brexit vote.
Owen’s trading has been thin due to him being a slack bastard on holiday. However he has been keeping an eye on the markets and will be looking to get into some longer term trend trading ASAP. Reassuring news to see that GBP volatility is back to pre-brexit levels and therefore either normal or ‘new normal’ behaviour should be returning. Ideally it will now be possible to follow the currency and trade normal trends confidently.
Tom has continued his short term technical trading based on reversal candlestick patters and continues to have some success. You can follow all his trades on the website here.
Tom has been reading a book recommended by the Black Cabbie Trader. John Walsh. The Turtle Traders were a group of normal people trained in a specific trading system for a bet between two commodities traders who proved that normal people can be successful in trading if you have a good system.
Tom will continue reading Turtle Traders and Owen will play some more golf. Tom is also off to Fintech Week in London so you will be able to catch the Two Blokes Trading stall there.
Owen will be keeping an eye on the Italian Banking crisis and offering expert opinion. (HA!) You can read the Telegraph article he referenced here.
The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires by Michael W. Covel