Reply to: Stock market collapse in November

[DimPrawn]

I just made £150 in an hour of trading the oil futures from the low.

Came within 2 pips of my stop position before going up and netting me some tax free money.

Nice.

[SuperZ]

We could be looking at the largest correction since March, but no way in my opinion are we looking at a drop below the lows of March. It`s a buying opportunity. As a guess, I think we could go down to 4650(more likely) to 4450(less likely) if this does turn out to be a decent correction rather than just one or two bad days. That market has moved far and quite fast to the recent highs. Although not a chartist, I can see the market (FTSE)has hit the 30 month moving average (5300), and some will be looking to sell for that exact reason.

Big nad time!

[SantaClaus]

Keep buying, the lower the prices go, the more you get for the money.

Yep, keep buying.

The banks need plenty of punters to offload their inflated stock to.

[Fred Bloggs]

Yeah, maybe, or not.

This is interesting from FT AlphaVille

Keep buying, the lower the prices go, the more you get for the money.

[HairyArsedBloke]

BUY, BUY, BUY

Fill your boots.

Yeah, maybe, or not.

This is interesting from FT AlphaVille

[Fred Bloggs]

Dubai on the verge of default
FTSE down 2.5%

Sell Sell Sell

BUY, BUY, BUY

Fill your boots.

[SantaClaus]

Lets see what the yanks do after they've eaten their turkeys.

http://www.bloomberg.com/apps/news?p...yg6MVqGw&pos=1

This could be the spark that ignites the fire.

[MrMark]

Buy Buy Buy!

Every dip in anything is a buying opportunity.

Trade your worthless pounds for anything!

It's a sign of what state of the economy is in, when what DimPrawn advises, makes perfect sense...

[DimPrawn]

Dubai on the verge of default
FTSE down 2.5%

Sell Sell Sell

Buy Buy Buy!

Every dip in anything is a buying opportunity.

Trade your worthless pounds for anything!

[Andy2]

Dubai on the verge of default
FTSE down 2.5%

Sell Sell Sell

[SuperZ]

Bull run to the end of year methinks. Fill yer sandles

[BrilloPad]

It'll never happen while our current glorious leader is in power. His sound economic governance will ensure an everlasting boom for us all.

I suppose while he is in power QE will continue so gilts unattractive. Once QE goes into reverse it will be different.

[DiscoStu]

Still no sign of it. I hope December crash is on the cards.

It'll never happen while our current glorious leader is in power. His sound economic governance will ensure an everlasting boom for us all.

[BrilloPad]

Still no sign of it. I hope December crash is on the cards.

[Scary]

It wont be honoured. You could use a guaranteed stop, but then they place a limit on the minimum distance you may have that stop.



Trading straddles is too simplistic.
The chances are, one order will be triggered and the market will come back and take you out your stop. You would have cancelled the other order, but the order that was triggered will be a loss.

In the worst case scenario, the market could whipsaw so quickly, it will trigger both orders and take out both stops.

Believe me, I tried this method a long time ago, for news releases too.
It doesnt work.

But hey, ho. It's your money!

Don't you do this with options? If the volatility is less than the cost of the options you lose, if it swings wildly one way or the other you don't exercise your other option.