Just made another £304 on oil futures.

[EternalOptimist]

hey guys,
apart from The Equalizer who is punting for house money, do you guys only risk what you can afford to lose ?
serious question from a total non-gambler

[DimPrawn]

hey guys,
apart from The Equalizer who is punting for house money, do you guys only risk what you can afford to lose ?
serious question from a total non-gambler

The £1000 I lost was the £1000 I made the other week. So I've lost only my winnings.

I still have my original £300 pot to play with.

Some people spend £10 a week on the lottery.

[EternalOptimist]

The £1000 I lost was the £1000 I made the other week. So I've lost only my winnings.

I still have my original £300 pot to play with.

Some people spend £10 a week on the lottery.

if it was going brilliantly though, with unstoppable momentum, guaranteed


would you put your shirt on it ?

[Andy2]

The £1000 I lost was the £1000 I made the other week. So I've lost only my winnings.

I still have my original £300 pot to play with.

Some people spend £10 a week on the lottery.

its not a loss

Treat it as a learning fee . Every trader has to pay it

[Money Money Money]

hey guys,
apart from The Equalizer who is punting for house money, do you guys only risk what you can afford to lose ?
serious question from a total non-gambler

Well I am in the process of buying a house but its not as if I can't do that if these last to trades bottom out, however I was only looking to play with £2-300 (now at about a bag of sand), I got stupid, and just kept putting more money in to lower my stops... I may still be OK... fingers crossed!... but I doubt it!

[The_Equalizer]

hey guys,
apart from The Equalizer who is punting for house money, do you guys only risk what you can afford to lose ?
serious question from a total non-gambler

Hi there Mr. Optimist. I've got £12K on which I can afford to loose, but would probably be a little upset. For what it is worth here is a broker's comments that I found after I'd placed my bet:

http://www.oilbarrel.com/fileadmin/c...2008-12-09.pdf

[EternalOptimist]

Hi there Mr. Optimist. I've got £12K on which I can afford to loose, but would probably be a little upset. For what it is worth here is a broker's comments that I found after I'd placed my bet:

http://www.oilbarrel.com/fileadmin/c...2008-12-09.pdf

Interesting. It's the first time I read a brokers report, so it's interesting but a bit gobbledy gooky. Well I hope your 12k turns into 250k , I really do. Call your house 'Falkland Gold' or 'FckYouEO' or something

[Pondlife]

its not a loss

Treat it as a learning fee . Every trader has to pay it

I like it.

Everytime you lose it's just the cost of learning an additional bit of info to refine your system.

Everytime you win it's because the system works.

Like with my roulette system. It ALWAYS lands on red except for spins 3,5,8 and 9 in a 10 spin cycle. Unless it's a Tuesday and/or it's raining. Oh, and every third cycle it's spins 1,2,4,9 but apart from that it's fine.

[The_Equalizer]

If there's lots of oil it would help out UK PLC quite nicely too, which is good to know.

Anyway, the gamble is so I can be a true contractor and buy a house for cash.

[TimberWolf]

I like it.

Everytime you lose it's just the cost of learning an additional bit of info to refine your system.

Everytime you win it's because the system works.

Like with my roulette system. It ALWAYS lands on red except for spins 3,5,8 and 9 in a 10 spin cycle. Unless it's a Tuesday and/or it's raining. Oh, and every third cycle it's spins 1,2,4,9 but apart from that it's fine.

WHS