Just made another £304 on oil futures.

[AtW]

I still dont know the difference between a gamble and a semi-gamble

In simple terms: in a gamble you lose everything and in semi gamble you lose only half.

[The_Equalizer]

okie.
I hope you're better at spreadies than you are at educating us dumb-bells, because I still dont know the difference between a gamble and a semi-gamble


maybe you mean a gamble that you are sure will pay off

You're right, I'm not a teacher. Just an IT spud. Ho hum.

[EternalOptimist]

You're right, I'm not a teacher. Just an IT spud. Ho hum.

I wish you well in your Falklands investment, and I really am reluctant to use the term 'Bonehead'
but anyone who coins the phrase 'semi-gamble', (and then can't even explain it) falls neatly into the category

[SantaClaus]

Yep. Stop loss hit, pretend money lost becomes real money lost.

Only consolation it is sterling which will be worthless anyway next year when Labour get back in.

And this is where Santa places a copy of that famous "pop psychology" book, Trading in The Zone by Mark Douglas in your christmas stocking.

http://preterhuman.net/texts/unsorte...The%20Zone.pdf

[ASB]

Perhaps I should add that there's a good chance that oil will be found and then you're multiple £££. I could loose the lot should they not find oil. I'm calling it a semi-gamble.

Where else you been ramping it.

Not from valores de sala de caldera Barcelona perhaps.

[The_Equalizer]

Where else you been ramping it.

Not from valores de sala de caldera Barcelona perhaps.

This is the irony of the internet. It's purely something that can be backed up with fact. I have no idea where Falklands' oil prospects will end up. However, just like the spread betting, I can tell you know that I've put down what it took me two years to save as a permie on this 'semi-gamble'. You can look up my posts from a week ago and compare it with the market results. I've no idea whether or not this will work out, but I've got a fair chunk of my house deposit on this. Moreover, and in conjunction with a previous thread, there's a whole age group who has no chance of every owning a house because of the off the scale house price in inflation over the last decade.

This is my punt.

Call me a newbie not worth consideration, but spread betting is so obviously a complete guess over my 'semi-gamble'. I'll report back at the end of February when I've either lost a shed load or be multiples up.

Blimey I sound cross!

Forgot to add, semi-gamble is like semi-skimmed. It's a blend of both.

With a 'semi-review' this is a bit of a rant.

[SantaClaus]

This is the irony of the internet. It's purely something that can be backed up with fact. I have no idea where Falklands' oil prospects will end up. However, just like the spread betting, I can tell you know that I've put down what it took me two years to save as a permie on this 'semi-gamble'. You can look up my posts from a week ago and compare it with the market results. I've no idea whether or not this will work out, but I've got a fair chunk of my house deposit on this. Moreover, and in conjunction with a previous thread, there's a whole age group who has no chance of every owning a house because of the off the scale house price in inflation over the last decade.

This is my punt.

Call me a newbie not worth consideration, but spread betting is so obviously a complete guess over my 'semi-gamble'. I'll report back at the end of February when I've either lost a shed load or be multiples up.

Blimey I sound cross!

Forgot to add, semi-gamble is like semi-skimmed. It's a blend of both.

With a 'semi-review' this is a bit of a rant.

Thats a lot of money to put down on one "semi" gamble. Why not diversify the investment and spread the risk?

[Andy2]

If any of you fancy a semi-gamble you'd so worse than have a nose round Falkland oil prospects as per my post last week. Just doubled up (which is bound to spell trouble!). Am up 10% since 27th November on DES/RKH and 1% today on my double up. It's a bit more safe (but only a shade) than spread betting.

Those are not the only ones. There are dozens of oilies in AIM market
don't forget that these AIM companies can go tits up pretty soon.
GKP looks very promising atm, they are sitting on bilions of barrels of oil in iraq

[Money Money Money]

Where you at DP?

I still have 2 trades in, sitting at about -£450 at the mo, I just hope its on the up... I've told myself if it goes back up and I don't end up in a loss i'll quit.

It started as a bit of fun, but I think i'm just too greedy and undisaplined for this stuff.

Half of me now wants to buy more as I'm thinking its got to be at the bottom now!!!...

[DimPrawn]

Where you at DP?



Half of me now wants to buy more as I'm thinking its got to be at the bottom now!!!...

We both need to be more planned and disciplined.