We have lots of experienced traders on MoneyAM who would be glad to help if you have any trading questions.

Thank for that link Jon
Also chadbukl have a look at http://www.snappytrader.com/info/info.htm

Can anybody help me with this one. How do you post a live link on here???, eg, if I wanted to post an article from another board , well on other sites you just make sure that you have the HTTP// in front of the address and then you copy and paste, but on this board it comes out dead.

Its easy with charts you just use the and the chart is transfered but I dont know how to transfer addresses over. Any help please.

cheers GF.

Resistant Levels. How do calculate them.
Thanks in advance.

Goldfinger

- go to the todays traders thread and on the bottom of the main bit, above the first post is a HTML Editor - click on that and details of how to use it are on the bottom. Once finished - just cut & paste to this site!

Washlander

- go to the todays traders thread and on the bottom of the main bit, above the first post is a pivot calc. You can use this try and calulate Resistance levels.

Thanks will do

Hi everyone - wonder if anyone can help with a spreadbetting question and how to set a stop loss.

If I buy at 1 and want to take a profit at 1.10 I think I set a limit order at that amount and if I want to limit my losses, I think I would set a Stop at say 90p.

What I don't understand is if I am betting on a price dropping, I have already sold the shares, so what do I use to take a profit and, more importantly, how do I stop my losses. I think I would need to use the limit & stop orders the other way round but am a little confused???

Great thread, especilly for me as I am really new to this arena and learning quickly by reading threads like this one.

Thanks in advance.

Mark.

I'll let someone else answer your other questions.

But when you think the price is going to drop you sell the shares at say 2. if the shares drop to 1.50 then you can buy them (which clears your outstanding sell) and as if you had done it the other way round - Buy @ 1.50 and sell at 2.00 you pocket the difference. Stop losses on these type are set higher than the sellf price. If the share goes up in price you will have to buy the share at a price higher than you sold.

TTT

Croc

I've seen TTT on many posts but don't know what it means?

Have come up with the tut,tut,tut, time to trade, tend to (something), two times two and the thompson twins but don't think any of them are right.

What does it mean?

Thanks

Mark.

To the top

Hello can anyone plz explain the little arrows on either side of the buys and sells. I appreciate that blue is up and red is down but a fuller explanation would be appreciated.
Thanks in advance.

Not sure which arrows your are refering to?

The only ones I have are the ones on the stockwatch which show the overall direction the share has moved since open.

Please help. What does LWMA50 AND LWMA10 ECT.. mean in the chart section.
Thanks in advance.

Washlander
Moving average meaning the average price of a security over a specified time period (the most common being 10, 20, 30, 50, 100 and 200 days)

Dannycarswell - just to confuse things on the p/e situation. Sometimes a company will have a high pe ratio because the market is expecting strong earnings growth so they rate the shares highly - the pe ratio is historical and does not necessarily reflect the current year's trading. So a growth company could have a slightly higher than average pe ratio yet still be worth buying. Worth finding out brokers estimates of future prospects. Agree with everyone else though that overall low pe's are the best firms to buy into.

Zoltar

quote: "I awoke in the middle of the night with one short sentance in my head that was said at the course that I'd missed; it made the difference between a wasted day and a course worth every penny."

How about sharing that sentence.

Croc, here is a question for you. I asked it on another board but got no replies.

I have been looking at the volume of trades in Jarvis on the Money AM site over the last three weeks. The effect I am interested in is most prominent over last weeks trades from 19th Jan to 20th Jan.

In that period the Volume record is listed as follows:
Total Buys Total Sells Total Unknown
12,874,902 9,961,496 1,318,661

The imbalance in buys to sells is 2,913,406.
If you put all the unknowns on the sell side there is still an imbalance of 1,594,745 shares on the buy side. (The imbalance over the 3 weeks is a 141k more than this.) With greater volume on the buying side one would expect the price to go up, but the reverse has happened the price has been falling. Why might this be so?

Does it mean that the market makers are shorting the stock? If so how long can they leave their position uncovered?

Firstcall
Yep, For every buyer there is a seller and seller a buyer. So when transactions go through the computer it 'guesses' whether it appears to be a buy or sell. For example Company X Buy Price 98p - Sell Price 100.
Last Transaction 500,000 at 98.49p
Is that a 'Buy' or 'Sell'? hmmm. Because of the size of the trade it is probably well over the market size so would have been delayed. If the price has moved up in the last hour it could have been a 'Buy' when it appears now to be a 'Sell'
In any case that was a 'Buy' for someone and at the same time a 'Sell' for someone else!
Often on the BB's you see a statement that "Company X has had 80% buys today so why has the price fallen !!!!!?"
And thats why
Hope that helps
D.