rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

Out +72

What on a Cable long position?? Did you mean short in post 13436?

Long 1.5928, out 1.60

Well done Seymour, I'm going mad today, read Cable, wrote Cable, but thought FTSE100 for some bizarre reason.

LOL Shortie, easily done!

I've finally found a way of posting my new charts! Very long winded though so won't doing this very often.

A bit of a cockup today - I inadvertently closed an overnight short @6,671 +51 this morning when I went out but have just closed a long for +31.

Now head scratching but want to be short.

Your not alone, I hedged some of my short play at an all time high!! I'll hold the position but right now the unrealised loss eats right into my shorting profits..

Be back to 6680 tomorrow I think to maintain bullish sentiment. I'm going to wait..

Me too - btw - I bought RDSB yesterday evening against my short and decided (from its chart) to hold - twat!

I considered BSY as cover but managed a few profitable quick trades instead.. Your not alone..

:-))
on return from a long and biz-successful lunch, i re-opened my dow long at 15701 ..... may the recovery continue, for already nicely in the money

and i see i am now a very happy bunny at the close

Cable to push higher? Poking at sloping down resistance. No position and probably won't today, can't tell which way it's likely to go.

My mate the billionaire had this to say a little earlier today on twitter.....

jim mellon ‏@jimmhk 12 Nov
quiet day.. but watch market exhaustion as i keep on saying...PEs are v extended and markets look ripe for fall ..when it happens brutal

Just opened a Fiber long 30 mins ago at 1.3442, looking for 1.3480.

Stopped out flat.

Cisco down 12%.

FTSE100 heading back to bullish support 6680 once more..