So it appears to be apparent that not only am I a Crap Trader, but also a bloody lazy blogger!! Apologies it's taken me so long to provide any updates lately, but a combination of busy work, lack of trading, and mostly being a lazy arse mean that I've not provided any updates this year at all!
It's been a pretty quiet time around the world in the past couple of months mind, I mean aside from the lunatic taking over the asylum across the big pond and the feeling that he'll piss off either China, North Korea or anyone for that matter at the click of a tweet!
Markets have been very buoyant recently which have given some good gains for most (sensible) investors since the turn of the year, of course as the saying goes "everyone is a genius in a bull market". Personally I'm happy to let some profits run for now, but I do have stops in place should (or rather when) things start to turn southwards. I get the feeling I'll learn a lot more when the markets do indeed turn the wrong way than I am currently. That said I can only be too pleased with how things have performed since the turn of the year. Indeed as we speak today, my SIPP is currently valued 12% higher than it was on the 31st December last year, mustn't grumble (older listeners of Radio 1 will get that reference)!!
So let's take a look at what I've been doing since my last update, or not doing as the case mainly is...
Please note I am not tipping any shares and would seriously encourage anyone reading this to carry out thorough research on any company they are thinking of buying.
I have made a couple of buys since the turn of the year, firstly was IQE which you may remember me mentioning in a post in early December. I eventually took the plunge at the start of January buying at 40.6p and have already seen good gains since the purchase, currently sitting at 13% profit.
My second buy came following a really positive update from current holding Somero (SOM), I was tempted to buy a few for my ISA after I got some funds injected into the account. Really think these will rise well this coming year.
Of my current holdings, stand out performer so far is Berkeley (BKY) who had a tremendous over the Christmas period which just continued throughout January. The price of Uranium has begun to creep up which has helped, along with an Investors Chronicle tip, it really has shot up. I'm currently sitting on a 66% profit with no intention of selling, but have a stop loss in place should it begin to slide.
I received another dividend payment from Empiric (ESP) recently also which makes up for the 6% loss I'm currently sitting on with it. Still unsure what to do with this share if I'm honest, it's crept up a little in the past week so may see if that continues.
Back onto Somero (SOM), as mentioned above they gave a really positive update back in January, and the results are due out early March which should help push it on again. Currently sat at 25% profit from my original buy here.
All trades can be found here!
Confessions of a Crap Trader is a blog following a regular investor trying to make profit via the London Stock Exchange. Follow his journey as he attempts to hopefully one day pay his mortgage off in full!