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Stock market collapse in November
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Originally posted by SuperZ View PostGo on Dim, place a stoploss. As soon as you get Stopped Out, the market will head in the other direction, the way you wanted to go from the beginning.
Only out numbered by the times a stop loss has saved my arse, and my account being blown, by my bad trades.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" - AesopComment
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Originally posted by HairyArsedBloke View PostAh, the number of times that has happened to me.
Only out numbered by the times a stop loss has saved my arse, and my account being blown, by my bad trades.'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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Originally posted by SantaClaus View PostIf you're not using a stoploss, you're not using risk management and will ultimately blow up your account.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" - AesopComment
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Bloomberg: Goldman Sachs’s $100 Million Trading Days Fell in Third Quarter
Nov. 4 (Bloomberg) -- Goldman Sachs Group Inc., the most profitable securities firm in Wall Street history, reaped more than $100 million of trading revenue on 36 days in the third quarter, down from a record 46 in the preceding three months.
Over at Zerohedge they have a different perspective.
When a firm's trading performance challenges not only all preconceptions of realistic trading, but also of statistical distributions, one can merely stand back and watch in awe.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" - AesopComment
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Originally posted by SantaClaus View PostIf you're not using a stoploss, you're not using risk management and will ultimately blow up your account.
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Sell, Sell, Sell!'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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Originally posted by DimPrawn View PostI'm hoping for a government bailout.
'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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Originally posted by DimPrawn View PostSold at £220 loss.
Lucky git to get away with that!Comment
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