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THE TALK TO YOURSELF THREAD. (NOWT)     

goldfinger - 09 Jun 2005 12:25

Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Haystack - 20 Mar 2014 18:34 - 38564 of 81564

G
Whatever that means.

Haystack - 20 Mar 2014 18:40 - 38565 of 81564

Cynic
In this case I don't see any string pulling except by Putin. The current problems started when the Ukraine president suddenly cancelled the expected signing of an EU deal after a visit to Putin in favour of a deal with Russia. Putin seemed to have used some leverage whether it was help in staying president for ever or a bribe. It became clear that he had become Putin's bitch.

Fred1new - 20 Mar 2014 18:49 - 38566 of 81564

Manuel,

Have you ever told a Slav to do anything they didn't want to!

You should try it sometime. I will hold your coat!

As in this country there are probably a small number of individuals trying to manipulate or take advantage of the "political" situation for their own advantages.

It seemed fairly spontaneous quiet revolution against a corrupt ruling body.

Think back to the Carnation revolution and that erupted from the opposition of a small number of officers and then popularly supported by the public led to the downfall of a corrupt dictatorship.

That led to a form of "democracy".

However, my wife thinks slightly differently and is in contact with Ukrainians who suggest that the USA had some part in stimulating the downfall of Yanukovych.

I would think USA and West would have been supportive but not directly involved, but ask yourself, who are manipulating the tories or kipper parties for their own ends and from abroad?

Similar comments were made and suggested regarding the labour party during the 60s and 70s and some worn out commentators still make similar remarks.

But, I think it will settle down with the borders defined by Putin and his thugs.

Fred1new - 20 Mar 2014 18:50 - 38567 of 81564

I hope nobody wants bloodshed to prove a point for the dead!

Fred1new - 20 Mar 2014 19:03 - 38568 of 81564

GF.

You interested me earlier on.

When you said you expected losses.

Are you referring to SBs of similar.

In this market were you leaving the Trades with wider stop losses, or running blind.

I must admit I don't like the market at the moment and only slightly exposed in SBs.

(Think it will recover over next few days to a week.)

I have pretty wide Stop losses than usual.

Just interested in how you are playing it.

required field - 20 Mar 2014 20:09 - 38569 of 81564

There is an Ukrainian proverb that says : a pessimist is an informed optimist !.

aldwickk - 20 Mar 2014 20:21 - 38570 of 81564

The Americans have long history of overthowing left wing goverments , look at what it did in Latin America surporting right wing Dictatorships [ worst case was Chile's Maxist goverment]

aldwickk - 20 Mar 2014 20:23 - 38571 of 81564

R F

That's a good one

MaxK - 20 Mar 2014 20:27 - 38572 of 81564

It is a good one rf, and very apt.

Fred1new - 20 Mar 2014 20:58 - 38573 of 81564

RF.

How true.

---------

A sense of humour prevents many a murder!

--------

goldfinger - 20 Mar 2014 21:29 - 38574 of 81564

Fred, just playing market as usual but with far fewer positions and ones I do open now at a 20% reduction in capital to normal.

Using mainly SBs and dont use Stop loses other than trailers when in a fair profit. Too many spikes these days.

I use the 2 - 2 system well a hybrid where firstly I look to double my inital loss that I would take so if I was prepared to lose say 5 grand on a position my profit would have to be 10 grand anything above that I use a stop loss and let it run.

And secondly Im prepared to lose only 2% of my entire shares portfolio on any one position except in my case its .75% and Im out.

My set up is different though and here Im prepared to buy and note the spread plus 2% (2% of what Im prepared to lose), if this is breached Im out of the position. I doesnt happen much and I dont use a stop other than a mental one written on a note pad.

Hope thats OK if you require any more or want to discuss further just tap me on the shoulder.

This is the system that I used to coach and it cant be bad as out of 56....49 at the last count were still full time traders.

I did have a bad one though on the last one I coached about 18 months ago, where a chap got head strung despite all the warnings I kept giving and he went on to start off very well but started over trading and in the end had given up his full time job had taken on a second mortgage and just went mad straight on to forex without any coaching and lost every penny including his house.

His 2 brothers ended up pulling him out of the local canal barely alive. His wife took him back but it was a rather scarey episode since then I havent taken any more people on, instead Ive given a lot of my time to a online charity advising benefit claimants on their legal rights and their overall claims.

dreamcatcher - 20 Mar 2014 21:41 - 38575 of 81564

Nice read g. :-))

aldwickk - 20 Mar 2014 22:04 - 38576 of 81564

yes very interesting goldie, one question , if SBs were taxed the same as CFD which would be the cheapest ?

aldwickk - 20 Mar 2014 22:15 - 38577 of 81564

Years ago i used traded options , one way i tried was using stock i held to lend out to option traders [ can't remember what it was called ] and if the price of my share's stayed about the same price then i kept the option money on them ..... think that is how it worked.

goldfinger - 20 Mar 2014 22:41 - 38578 of 81564

Alders pluses and minuses for both its not so quite clear cut as you put it.

I have in my files somewhere a good article.

Ill try and find it.

Are you watching Question Time??????????????.

If so Ill get back to you tonight.

cheers.

goldfinger - 20 Mar 2014 22:47 - 38579 of 81564

Here we are Alders should help you plus read the replys underneath.

I tend to go for about 60/40 on SBets, it all depends on your personal circumstances.

http://moneyweek.com/are-cfds-better-than-spread-bets-11506/

ptholden - 20 Mar 2014 23:18 - 38580 of 81564

oh dear, Labour have fielded a political pygmy on QT tonight.

So far he's refused to confirm if he will rebel over HS2, resorted to 'chip on t'shoulder' class name calling (gold finger will have been pounding the table with glee at this juncture) and suggesting that the we should all boycott the World Cup in 2018 as appropriate retaliation for invading another sovereign country (Scotland of course won't have to worry about boycotting anything as they don't really have a football team).

MaxK - 20 Mar 2014 23:54 - 38581 of 81564

QT also had a "teacher" who purports to spend 60% of her time doing admin/ticking boxes etc.

Now I know it's all the tories fault, but 60%?

goldfinger - 21 Mar 2014 00:49 - 38582 of 81564

A teachers contracted hours were as follows when I was with Kirklees Council LMS Education Dept... It was the same all over the country and I still think it is.


32.5 hours per week.

SPLIT

27.5 hours teaching time in the classroom

5 hours non- contact time in the staff room...............................................

I think that teacher on QT said she did 60 hours per week

20 hours in the class room.

40 hours filling in forms and ticking papers.

Must admit all that form filling sounds well over the top but lets not forget plenty of people on the staff working in the Private Sector are contracted do a 38 hour week but end up doing sometimes double that with no overtime paid. Retail and Distribution management, Local Authority workers springs to mind. Their are many others. (usualy dont have Unions)

So teachers arent the only ones who work well over their contracted hours for no pay. In fact they are lucky that they can take work home and do it in the comfourts of their own home. Others cannot.

But I think her main point was that the 40 hours filling in forms was a waste and some of it should have been working in the classroom. She was blaming education reform.

Chris Carson - 21 Mar 2014 07:32 - 38583 of 81564

Nice one GF on your SB post. You can be a nice guy now and again :O)
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