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

Understandable I suppose, but pretty embarrassing for the LSE.

In my opinion.

Strawbs.

i think IG's indices numbers are probably correct as they are updatging continuously - the boys there will tell you ...... however, the prices on individual stocks are almost meaningless i think

LSE is still shut for normal trading ..... is spoke to IG who confirmed that is down to pure volume, much generated by AT traffic ...... in due course (later in the day i suppose), all will unscramble, though presumably there will be a second (unprecedented?) auction period ...... that really will be fun to watch, especially if there are a lot of bear trades trying to close - e.g. in SOLA and the financials

according to IG the FTSE is already up 5.4%. Im sure there might be some bears closing their position to cover in panic but plenty more will come out of the woods at these levels and push it back down

IG's FTSE cash merely reflects September Futures andf is therefore not strictly accurate ..... my guess is that when the market really opens, FTSE will open an awful lot higher as it will then reflect true stock prices, rather than guesstimated ones ...... i would also be susprised if volatility does not prove to be a classic understatement for the first 30 minutes or so!

managed to rescue my seriously bad buy on the nikkei [re: My 1.25million 'paper' loss] and change it to a 3100 profit[paper one naturally] A lucky escape me thinks.

with that in mind[ i was trading in CFDs]

had this been 'real money' : would i have been liable on Friday morning for the whole 1.25 million[which i obviously did not have] or could i have done like i did, in demo mode, and sold out today after the bounce?

Alex

or jumped off the nearest NCP carpark roof!

some seriously strange prices showing on IG at the moment, but i think they are meaningless as few are genuinely trading - just XTA, RIO and BARC on my watchlist

Think if you'd gone into the red in real life you'd be liable for it. That's why I've never opened a CFD or SB account. A little indiscipline could leave you permanently scarred!

Lucky for you they don't have demo baliffs.... ;-)

Strawbs.

and thats why i never will play for real, but it is fun in demo mode:) seeing what i could have won!!!
Alex

I think the whole market is in demo mode today..... There must be lots of people (hedge funds included) sweating at the moment....

Could a panic rally actually cause a market crash? Now wouldn't that be ironic!

In my opinion.

Strawbs.

Can we have this thread on the traders room as well?

i don't know how to set it up so it autmoatically links across, but glad you like it

Just ask Ian.

Wasn't there some other trading platform meant to be starting up in the U.K. in competition with the LSE?

Thats right HC The Banks are doing something together, read about it at the weekend but i'm blowed if I can remember where. Can't remember very much of the details either.

Best they get on with it then. Missed opportunity!

Turquoise? Not sure if that's spelt right.

Strawbs.

"Missed opportunity!"...yep thats the Banks for you -):

Yes thats the name S.

Ian, please can we have this thread on the traders board. Please please please.