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.

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.

Nice read g. :-))

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

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.

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.

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/

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).

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%?

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.

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

Im always nice Chris, its just one person on some threads who as an agenda against me (for agreeing with another poster HERE on certain subjects, not all) distorting my profile and character.

In fact a character assassination one which would say is akin to being trolled. And we all know who that is dont we!!!!!!!!!!!!!!!!!!!!!!!

GF.

Thank you for the information regarding your trading.

Interesting.

Have to admit to reducing stakes and widening stops and watching a lot more than dabbling.

-------------

I thought the only panellist on QT with "sense" was Val McDermid. It was otherwise the usual party mantras and Andy Burnham for an intelligent man comes over to me as wishy washy.

=====


and "This Week" I do wish Andrew would shut up sometimes and giggles bag would sit on a different couch.

Liam Halligan was interesting slant on Russian intentions!

But I do wonder why I watch it.

Update - Labour lead at 5
by YouGov in Politics
Fri March 21, 2014 6 a.m. GMT

Latest YouGov / The Sun results 20th March - Con 34%, Lab 39%, LD 10%, UKIP 10%;

Of course the Labour party loves the poor and unemployed.

Why else would they have created so many of them?

I realised last night why Porky enthused about the new pound.

It was because he had heard of coin clipping of gold "coins" and was collecting all the offcuts of the present £1 piece debasing its value.

Somebody tell him they are no longer made of gold.

Yep thats the problem labour lead at a constant 5% to 6% all the time.

Thats going to be a lot harder to overturn than some think getting nearer to the election.

Gone are the days of big leads for either of the 2 major partys, both are fighting for the same middle ground and even tho its Bullingdon Boys V Brown Owl boys neither will veer away from that sacred middle ground and back to the extremes of yester year.

Are we heading for a new big bang?





House prices really are exploding! Tiny Second World War gun tower with no running water, toilet or parking is sold for £200,000

Ten foot wide property, part of wartime sea defences, only has outside tap
Interest generated by building's location in upmarket Shaldon, Devon
Estate agents say the seaside building has beautiful views of the coast
Buyers attracted by potential to turn it into a one-bedroom holiday home

By Richard Spillett

PUBLISHED: 12:31, 20 March 2014 | UPDATED: 16:29, 20 March 2014








More tripe here: http://www.dailymail.co.uk/news/article-2585149/Second-World-War-gun-tower-no-running-water-toilet-parking-sold-200-000.html

Hays post...........sheer ignorance. if thats the way the Tories are now thinking along with Shapps gaff, labour will be in power for many years to come.

From 'Nightmare! He refuses to obey orders': Leaked emails reveal what Ed Miliband REALLY thinks of Ed Balls

Emails sent last week reveal the Miliband's team think Balls is a 'nightmare'
Show Labour leader is sick of shadow chancellor's refusal to obey orders
Sent on Wednesday in response to Bank of England Governor Mark Carney’s announcement that economic recovery had taken hold
Pair have long denied reports of personal and political tensions