cynic
- 20 Oct 2007 12:12
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
hilary
- 26 Aug 2015 11:19
- 18447 of 21973
The market's driven by algorithms, Cyners. They're fast, they're slick, and one rather large, well known bank went so far as to dig up half of Wall Street so they could lay their own fiber optic cabling straight to their servers right alongside the exchange's servers, and get in and out of the market ahead of the competition.
You ain't ever gonna beat them, so you may as well join them.
:o)
jimmy b
- 26 Aug 2015 11:31
- 18448 of 21973
That's going to cost cynic a fortune laying fiber optics from his place to Wall St .
hilary
- 26 Aug 2015 11:33
- 18449 of 21973
He'll have to double his tenant's rent then James. :o)
jimmy b
- 26 Aug 2015 11:34
- 18450 of 21973
I might chip in half with him if the trades are that good .
cynic
- 26 Aug 2015 11:41
- 18451 of 21973
i'm not sure which is worse, my golf or my trading, but thank goodness i don't have to make a living from either :-)
cynic
- 26 Aug 2015 14:01
- 18452 of 21973
quill and parchment worked and i'm very happy to have just banked 103 points
deltazero
- 26 Aug 2015 20:17
- 18453 of 21973
ha ha jimmy 18448 - gonna order me several thousand miles of fibre optic and some submarine repeaters!!
china has really caused so much uncertainty - may get some bounces but cant see any lasting for the next few days..................... the last cat was made of jelly!
deltazero
- 26 Aug 2015 20:19
- 18454 of 21973
cynic - you must be using high quality parchment there sir!
HARRYCAT
- 26 Aug 2015 22:20
- 18455 of 21973
.
HARRYCAT
- 26 Aug 2015 22:20
- 18456 of 21973
.
deltazero
- 26 Aug 2015 23:19
- 18457 of 21973
good old peaks.................... and troughs
deltazero
- 27 Aug 2015 06:00
- 18458 of 21973
china share up on US rebound...................
gla
cynic
- 27 Aug 2015 08:15
- 18459 of 21973
good result yesterday evening ......
this morning lucky alphonse really pushed his luck ..... fat fingers o'bought .... by the time he realised 5 minutes later, he'd made a very tasty profit and banked it :-)
cynic
- 27 Aug 2015 08:35
- 18460 of 21973
FTSE
has just about pushed through 6,100 which is very good news, especially if it can hold that going into w/e
DOW
cash only at this time, but that shows a surge through 16,400+ which again is comfortable through an important potential resistance
cynic
- 27 Aug 2015 10:14
- 18461 of 21973
off out for a few hours so have deemed it prudent to bank all FTSE profit and half DOW as both are close to quite important resistances
numbers due from US today will almost certainly determine whether or not this run will at least pause for breath before w/e
deltazero
- 27 Aug 2015 19:00
- 18462 of 21973
sensible and well done chap - tomorrow will be interesting indeed
Claret Dragon
- 27 Aug 2015 20:08
- 18463 of 21973
All days gone in an hour.
cynic
- 27 Aug 2015 20:13
- 18464 of 21973
indeed .... dow falling away quite sharply, so of course ftse is tottering along behind ..... fortunately i have been pretty sensible for once and banked plenty, buying and selling some positions but also holding something quite modest
Claret Dragon
- 27 Aug 2015 20:32
- 18465 of 21973
Bungee Jumping
Claret Dragon
- 27 Aug 2015 20:32
- 18466 of 21973
Bungee Jumping