All i know (believe) is that Steal for Free r SHADY B#'STARDS and swing the price well off in both directions so as to make extra bucks of suckers who have tight stops.....so in essence my last trade was a sucker trade!!!!! (circumstances though)... i am talking about rolling cash on index prices here
i have indeed.
I will NOT be doing a summary as Mully does cause its too much work and i don't get out of bed until about 10ish....... so somebody else can do the honours!!
Any suggestions on how we can make things a bit more interesting on the thread?
Daily competion on close perhaps?
Or is there anything in particular that people want to cover?
Let me know
Fin
I will NOT be doing a summary as Mully does cause its too much work and i don't get out of bed until about 10ish....... so somebody else can do the honours!!
Any suggestions on how we can make things a bit more interesting on the thread?
Daily competion on close perhaps?
Or is there anything in particular that people want to cover?
Let me know
Fin
peterpr
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alliance said:
There is a principle involved. If the person providing a price is the same one carrying out a stop or limit instruction, then there is the opportunity for manipulation. That is not to accuse anyone of anything. It is simply a statement of fact. I am sure that providers have pretty tight rules about these things but you can be sure they won't be disdvantaged by them themselves either.
Draw your own conclusions and act accordingly.
Regarding stops and SB companies. I have thought that their song should be ' Swing High, Swing Low, Sweet Spread, Coming For To Take You Out '
The weekend sell-off appears to be more of a buy in,.I know the dow is up but as we know it can drop very quickly especially during the last hour. Am I missing something ?
Regards
bracke
The weekend sell-off appears to be more of a buy in,.I know the dow is up but as we know it can drop very quickly especially during the last hour. Am I missing something ?
Regards
bracke
alliance said:Hi Bracke:
Thot u had deserted us! Since I am a lil on the wrong side of this move, I hope ur right and the US maintains it's slideeeeee to the close tendency's
Doing a bit of lurking, I get the need every now and then.
I still have my long Sept ftse at 4490. I have not closed it as it has 8 weeks to run but my stop is placed at what I think is a strategic position, time will tell.
Regards
bracke
Windlesham1
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haven't been here for quite a while-I trade ftse index options and I trade futures as a 'side bet'.Recently decided my long at 4410 would hit it's 4412.5 limit as I went off for a bicycle ride-oops! That's my 3rd big stupid loss,and wiped out and then some,all my gains on IB. I'm a good trader,but lousy money manager-I accept losses as part of the game,but rarely think to leave sensible stops in place.Still it's not as if I'm using a spreadbetting firm-I know how hard it is to make 10 ticks in a trade-if the SB firm is taking 6,that's not smart trading.Cheers.
Windlesham1
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Caution
PS - the bike ride?Try £1,000 a mile!
Bad habits,after a string of successes.I had twice missed closing the trade for 6 ticks,and just expected the ftse to 'wobble around' the same area-nobody expects 8 straight down days. I have an extensive library of trading books,but the rarest information is the warning about the euphoria of sucessful trades. I've had a 96% success rate,trading through my broker since Nov '03,but my IB account was for 'scalping' the little trades-I think I was just used to little moves,and should have put a stop in place. Assuming I can trade successfully again,it may take a while just to get back to parity. One technique I use-trade the cash chart-the futures chart is full of the noise of losing trades!bracke said:
PS - the bike ride?Try £1,000 a mile!
Windlesham1
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IB = interactive broker fees of only £1,70 per side-ie to trade one future or option £3.40-that's all folks.
Morning All,
Hope you all had a good weekend. Still feeling a bit weary after T-in-the-Park.
Failed attempt to move higher this morning so we are back under under the 100ema on the 30 min chart (which for me acts as resistance), and just had the retest of Fridays close ...so where now? If we break on the upside- i'm looking at 400 and if we break that then upto 420.
On the downside, i've got Fridays open and swing restest at 360 and the low at 320.
Hope you all had a good weekend. Still feeling a bit weary after T-in-the-Park.
Failed attempt to move higher this morning so we are back under under the 100ema on the 30 min chart (which for me acts as resistance), and just had the retest of Fridays close ...so where now? If we break on the upside- i'm looking at 400 and if we break that then upto 420.
On the downside, i've got Fridays open and swing restest at 360 and the low at 320.
alliance
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Finirama said:
'Fraid not Fin! All the thumbnails onsite have gone AWOL it seems, so couldn't access them over weekend or this AM. Hopefully will be fixed soon. How was T? Watched some of it on telly but shame weather was so crappy....still, we should be used to it ...it is July after all
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