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

closed for +25

I'm making a bit of a pig in a poke of it this afternoon - a few scalps after closing overnight short earlier - currently short from 6,757.

Must admit I'm making more use of trailing stops these days and it seems to be paying off so far (famous last words I know) You're the right side now Skinny. looks like the only way is down at the moment.

Closed for now @6,732.

et voilà!!!

16696 gone long

16710 that'll do me +14

200 point move.

Not seen one of these for sometime.

Glad I got this thread going again, I like to read the trading that goes on, reminds me of my earlier days. Keep the good work up.

Is this the beginning of a sustained downturn?
Bought some shares in BQE a few weeks ago in case the EBOLA threat is eventually taken seriously. Can't see what's driving things down otherwise, unless the thought that the bubble of cheap money will soon pop. I would be tempted to sell into the rally rather than catch the bottom at the moment.

6,700 and 15,600 both look vulnerable.

Agreed Skinny - Look out below!

have just shorted ftse at 6696.6 on the basis tht it'll fall much further in the morning as margin calls and forced sales kick in

6650 now and expecting support to start kicking in

Dax testing support also...

9223 gone long on the dax

9233 closed +10

9213.5 long again

9216.8 position closed... too soon!!

FTSE 6649.8 gone long