FTSE by end of Dec 2009

[SantaClaus]

Several years ago I was setting up the trading system whist talking to ex-mrs HAB. She was pestering me to go out like I had agreed. She asked, "how does that work then". I explain as simply as I could and say "like now, I think it's going to go up so I'd press 'BUY' ". All of a sudden, I get a fill back from the brokers.

I closed it out about 15 mins later for a nice couple of hundred bucks profit. Which was nice.

Yep, I've worked on some systems where the traders thought they were connected to "demo" when it was in fact "live"!

Luckily they accidently made money or we would have been in deep tulip.

[HairyArsedBloke]

Whoops, wrong button. I meant 3500, not 4000.

And you spend all day pushing buttons?

Several years ago I was setting up the trading system whist talking to ex-mrs HAB. She was pestering me to go out like I had agreed. She asked, "how does that work then". I explain as simply as I could and say "like now, I think it's going to go up so I'd press 'BUY' ". All of a sudden, I get a fill back from the brokers.

I closed it out about 15 mins later for a nice couple of hundred bucks profit. Which was nice.

[DimPrawn]

Whoops, wrong button. I meant 3500, not 4000.

And you spend all day pushing buttons?

[SantaClaus]

Whoops, wrong button. I meant 3500, not 4000.

[TimberWolf]

In a way as most of the FTSE companies make their money in currencies other than GBP, so a weak pound means they make bumper profits.

Bumber profits measured in (devalued) £'s?

[MrMark]

In a way as most of the FTSE companies make their money in currencies other than GBP, so a weak pound means they make bumper profits.

Disclaimer: What goes up can also go down. And vice versa.

[DimPrawn]

If the Pound drops, does the FTSE go up because it's measured in Pounds?

In a way as most of the FTSE companies make their money in currencies other than GBP, so a weak pound means they make bumper profits.

[TimberWolf]

If the Pound drops, does the FTSE go up because it's measured in Pounds?

[DimPrawn]

Where will the FTSE close on the last trading day of the year? See poll.