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Stock market collapse in October

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    Straight in feet first Boyo!
    l l l http://www.thewantedfans.com

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      Originally posted by ThomasSoerensen View Post
      yes. Unless it is leveraged. If leveraged 100 times you could be asked to put in 10.000 - nothing serious.
      Not sure it works quite like that.
      AFAIK, they have a spread, and you bet money per point that it will go above or below that spread. So you could bet a pound a point or 100 pounds a point. They will try and set a stop loss so that if it goes down 100 points, your *deposit* in the account is 100 pounds and you're betting a pound a point, they'll stop you out when you reach zero. However, if the spread being bet against moves too quickly for them to cover it (the market 'gaps'), e.g. drops 200 points all at once, then you'll lose your deposit of 100 and you'll owe them 100 quid. Obviously if you're betting 100 pounds a point you'd be playing with a bigger deposit, and you would lose a lot more.

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        Had to go to a doctors appointment and literally had to run out the door as I was very very late.

        It was on -£15 when i left and its now on +£130!!! LOL

        Easy money money money!!!

        BOOOOOOOOOMMMMEEDDDDDD!
        l l l http://www.thewantedfans.com

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          Originally posted by Money Money Money View Post
          On the Brent Crude now!

          Whores draws come to mind! Bloody rollercoaster!
          Have a go at the CME's Euro FX future (symbol EC or 6E on gobex) that's always good for a laugh.
          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.

          Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
          Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

          "We hang the petty thieves and appoint the great ones to high office" - Aesop

          Comment


            Originally posted by HairyArsedBloke View Post
            Have a go at the CME's Euro FX future (symbol EC or 6E on gobex) that's always good for a laugh.
            I have absolutely no idea where to find that, I'm just playing Guess up or down!!!
            l l l http://www.thewantedfans.com

            Comment


              Originally posted by Money Money Money View Post
              I have absolutely no idea where to find that, I'm just playing Guess up or down!!!
              We had an experimental automated trading system that worked like that. It randomly went short or long on entry, with a trailing stop. As long as the position was in profit it stayed in. It could make money, but it could have terrible draw downs. Nobody had the bottle to let it loose with real money.
              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.

              Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
              Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

              "We hang the petty thieves and appoint the great ones to high office" - Aesop

              Comment


                Originally posted by MrMark View Post
                Quantitative Easing. Beautiful words, don't you think?
                Bend over while I ease this in. I promise it won't hurt.
                Behold the warranty -- the bold print giveth and the fine print taketh away.

                Comment


                  Originally posted by MrMark View Post
                  Quantitative Easing. Beautiful words, don't you think?
                  Its great until the money has to be taken out again.

                  Comment


                    Originally posted by BrilloPad View Post
                    Its great until the money has to be taken out again.
                    WHAT!
                    Knock first as I might be balancing my chakras.

                    Comment


                      Originally posted by suityou01 View Post
                      WHAT!
                      errr : apparently we cant just borrow borrow borrow forever (the opposite of vievienne nicholson). despite what GB says......

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