Comments on: Can you step into my office for a quick chat? http://trading2k.com/2008/10/can-you-step-into-my-office-for-a-quick-chat/ Trading2k.com Financial spread betting blog Sun, 01 Aug 2010 18:53:35 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Sireena http://trading2k.com/2008/10/can-you-step-into-my-office-for-a-quick-chat/comment-page-1/#comment-33 Sireena Wed, 26 Nov 2008 06:40:13 +0000 http://www.trading2k.com/2008/10/can-you-step-into-my-office-for-a-quick-chat/#comment-33 well… i visit your website first time and found this site very usefull and intresting ! well… you guys doing nice work and i just want to say that keep rocking and keep it up !!!! Regards Sireena well… i visit your website first time and found this site very usefull and intresting !

well… you guys doing nice work and i just want to say that keep rocking and keep it up !!!!

Regards
Sireena

]]> By: NoTips http://trading2k.com/2008/10/can-you-step-into-my-office-for-a-quick-chat/comment-page-1/#comment-32 NoTips Fri, 07 Nov 2008 10:38:39 +0000 http://www.trading2k.com/2008/10/can-you-step-into-my-office-for-a-quick-chat/#comment-32 Hi Chris, Its always worthwhile for a trader to take stock of what's happened, analyse what is working and not working. You got the general call right in market direction with your trades when you were shorting the FTSE back in Aug-Sep. Indeed, for all of us the markets have plumetted at a rate faster than many had expected. This allowed you to gain handsomely. Your predictions of upwards movements is difficult to call as the market 'adjusts' to new levels and is skittish (ie: volatile) with large movements to the upside and the downside. I follow the values of the DOW more closely than the FTSE and many were surprised to see it go as low as 7910 or so. Its not far above that now. Volatility is 'good' for a daytrader or spread better as it means that gains can be much bigger. But it is not for the faint-hearted and as you point out, it can stop you out on a 'missed' move. But forget about those missed moves, you can do nothing about them. Hindsight investing is a waste of time. The stop-loss is necssary and I'm sure its something you wouldnt trade without. People will get caught out in these turbulent times, some will make big gains but some will make big losses. I hear that the oil chap Pickens has lost a lot on oil, in Ireland Quinn has lost 1b or so on Anglo Irish Bank, and Carlos Slim from Mexico has lost something like 20 billion supposedly. Good luck with your trades ..... NoTips Hi Chris,

Its always worthwhile for a trader to take stock of what’s happened, analyse what is working and not working.

You got the general call right in market direction with your trades when you were shorting the FTSE back in Aug-Sep. Indeed, for all of us the markets have plumetted at a rate faster than many had expected. This allowed you to gain handsomely.

Your predictions of upwards movements is difficult to call as the market ‘adjusts’ to new levels and is skittish (ie: volatile) with large movements to the upside and the downside. I follow the values of the DOW more closely than the FTSE and many were surprised to see it go as low as 7910 or so. Its not far above that now.

Volatility is ‘good’ for a daytrader or spread better as it means that gains can be much bigger. But it is not for the faint-hearted and as you point out, it can stop you out on a ‘missed’ move. But forget about those missed moves, you can do nothing about them. Hindsight investing is a waste of time. The stop-loss is necssary and I’m sure its something you wouldnt trade without.

People will get caught out in these turbulent times, some will make big gains but some will make big losses. I hear that the oil chap Pickens has lost a lot on oil, in Ireland Quinn has lost 1b or so on Anglo Irish Bank, and Carlos Slim from Mexico has lost something like 20 billion supposedly.

Good luck with your trades …..

NoTips

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