Trading the stockmarket (NO Referrals)

I bet the only way to make serious money is to know someone on the inside! There must be so much corruption that goes on and most of the high flyers all move in the same circles, the little man just doesnt stand much of a chance imo :(
 
Probably a good idea to read the Japanese thread and decide if you think the selling is justified or not.

I cant say Im bullish on Japan, its lost 9000 so it could take years to recover (again) however this market is the most leveraged its been for years which means panic forced selling is very real

BP is very badly sold here. Its a function of ftse of course

CNR just risen back up within its recent natural range again which it pretty positive relatively, Hoil was up now sold off. VGM down 12%
HYC was not long ago 450 now 300
 
I think I'm going to ignore the share prices for a little while. Even RRL with a good RNS today is down 10%. All I see across my whole portfolio is red and most averaging 10% down. Encore Oil has taken a hammering yesterday and today which isn't great either :(
 
Plenty of stocks in the red today!

Anyone got an opinion on the FTSE movement, I'm contemplating opening a spreadbet position in the hope the FTSE rises from 5700 to around 6000 points, could be a mid termer perhaps a couple of months but surely must be worth a go? Japan must be stabilising now?
 
You got way too many 'must' in there, Japan could go either way still. Spreadbet is like opening a large loan to finance the purchase which I think requires a lot of confidence


I took out a small ftse tracker today, not confident about when it'll rise but eventually or this year even it'll be above this point most likely. BP Lloyds and a few other big shares are at fair value I think


Anyone got an opinion on the FTSE movement
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my general opinion is the same as I decided last autumn in that there is a bull market mostly in one thing and this is volatility. Thats like velocity for markets, I dont know about up or down or whichever way but I do know its going to be a tough ride

Big leverage I would not generally recommend because of this. No one predicted revolutions or this earthquake but I will say the trend or bullrun is an increase in upset through one way or another. General instability I do expect to increase everywhere for macro economic reasons.

Look up Marc Faber if you like or similar people, its a long argument but thats my position going forward, more spikes

Bought some Condor BP Lloyds Hyder Emed and Cadogan. Does Heritage have to pay that tax bill now, wasnt clear :confused:
 
casper_uk said:
I bet the only way to make serious money is to know someone on the inside! There must be so much corruption that goes on and most of the high flyers all move in the same circles, the little man just doesnt stand much of a chance imo :(
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The most money is made basically by having a very fast box hosted at the exchange itself and repeating what is more or less the same strategy across the entire exchange. In effect you just become a very very high frequency market maker. The strategies are basic, speed/execution is the challenge and the arms race is mostly a technical one - lots of uber geeky programmers involved in this field. But yeah the 'little man' doesn't stand a chance at competing with the high frequency shops.

Obviously there are low frequency places out there too but if creating a consistent system was easy then anyone with an internet connection and some basic coding skills could knock one up and retire. Reality is that many people try and most will fail whether they're just using some ready made software to put in some basic trading rules like tradestation or ninja trader or whether they've written their own app to send orders via their broker's API. If anyone thinks there is free money out there these days they're slightly deluded - trading consistently is very very hard. Anyone who thinks it is easy and isn't a multi millionaire is just talking nonsense.
 
Obviously nobody has a crystal ball however is anybody able to guesstimate the time frame for things to recover? Are they likely to stay as they are for quite a while? or is this likely a short phase whilst Japan gets back on its feet?
 
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