Now they are at £1.25
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You got lucky this time SG, but rule 1 of trading: never chase the market.
Always buy/sell at turns in the market off major support/resistance.
Price does not always follow the fundamentals.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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through the floor now - lucky is not the wordComment
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Once we've tested 5050 on the FTSE we could see 4930 today.
Anyone want to start a trader's thread?
'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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Wise words, oh seasonal one.Originally posted by SantaClaus View Post
Didn't want to say yesterday, but I thought the idea of a retail customer opening a new position on a fed day in a market like this was idiotic and
How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Santa Clauses traders thread. Kind of like the multi coloured swap shop for the new millennia ..Originally posted by SantaClaus View PostOnce we've tested 5050 on the FTSE we could see 4930 today.
Anyone want to start a trader's thread?Hang on - there is actually a place called Cheddar?? - cailin maith
Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek
That will be a simply fab time to catch up for a beer. - Tay
Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - CyberghoulComment
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ha haOriginally posted by snaw View Post
. I like it
'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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I agree.Originally posted by HairyArsedBloke View PostWise words, oh seasonal one.
Didn't want to say yesterday, but I thought the idea of a retail customer opening a new position on a fed day in a market like this was idiotic and
When IG start quoting over the phone only like they did with HBOS, they usually increase the minimum stoploss for guaranteed positions to humungus amounts or even remove the guaranteed stop facility altogether. This is to cover their risky position in volatile markets.
If you dont take a guaranteed position, in markets like this, you risk having your stoploss slipped, often by hundreds of points.
Nearly forgot, yes your right HAB, it was Fed day which is almost as bad as non farm payroll day in terms of volatility.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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great idea, I'd join a traders thread - it might stop me making so many amateurish mistakesOriginally posted by SantaClaus View PostOnce we've tested 5050 on the FTSE we could see 4930 today.
Anyone want to start a trader's thread?
The mind is its own place, and in itself, can make a Heaven of Hell, a Hell of HeavenComment
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They've just gone back to internet trading.Originally posted by SantaClaus View PostI agree.
When IG start quoting over the phone only like they did with HBOS, they usually increase the minimum stoploss for guaranteed positions to humungus amounts or even remove the guaranteed stop facility altogether. This is to cover their risky position in volatile markets.
If you dont take a guaranteed position, in markets like this, you risk having your stoploss slipped, often by hundreds of points.
Nearly forgot, yes your right HAB, it was Fed day which is almost as bad as non farm payroll day in terms of volatility.
March price is almost back to +ve territory on the day."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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