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.

The passengers would have known that it was going wrong way at some point.

Fred I based it for illustrative purposes on £1 a point S/BET.

In a real situation you would firstly and always decide what you pre- determined stop loss is first ie, 2% of your total portfolio. For example £2,000 quid of a £100,000 total portfolio.

Then you would decide what size of bet you were going to go for.

Say in this example £200 a point therefore £200 / £2,000 = 10 points, therefore present SP was 52p, your stop loss would be set at 42p and because your aim is to at least double your loss the SP target would be 52p plus 20 points =72p. If you hit this you can then let it run with a tight following stop loss.

All the time if your making a gain youd be moving your stop loss at 42p up anyway.

You can use this system on S/Bets CFDS or shares.

I think this explains it a bit better than the one yesterday where I was trying to accomodate the chart into the 2*2 system and over complicated it a bit.

Hope this explains it a bit easier, let me know if you require further info.

cheers gf.

GF.

Thanks,

I understand, but was a little surprised by time periods.

Although at the moment I have some SBs for longer than I expected or wished.

hays - phone signal from the plane was also blacked out

Pilot locks other pilot out of cockpit. Pilot stops pressurisation of plane and uses his personal air supply and that of copilot. Repressurises plane when all dead and flies to Indian Ocean.

There has to be several films in planning stage with final script waiting to be finished.
Maybe a musical with the passengers dancing down the aisles singing an appropriate song about 'all going to the Indian Ocean'.

Yep Fred its because I was using a £1 a point first time.

When you have a bigger bet per point you dont get as many points for your brass therefore time period also closed down when your just looking for 20 points upside.

This is how all the top fund managers and analysts are trained.

I use a daily rolling bet if I think time frame will be less than a week irrespective of size of bet. This incurs an overnight charge. More than a week a quarterly bet, spread is a little wider but no further charges. At end of quarterly period choice of closing or rolling over for further quarter, charge a few more pips.

Yep I use them sometimes Chris. Have to close out before 4.15 if I dont want to let it roll over anymore.

Haystack,

You say, "Pilot locks other pilot out of cockpit. Pilot stops pressurisation of plane and uses his personal air supply and that of copilot. Re-pressurises plane when all dead and flies to Indian Ocean."

I fancy putting another of my £5 notes on that scenario too.

GF

That trading stuff was a really good read.

Got any good tips on setting and moving stops?

I'm still going for the shuttle collision and a huge cover-up....

Cloud or sea water?

EL im not a big fan of physical stop losses especially in volatile markets with all the spikes especially morning ones.

What I do is place my stop down on a note pad and keep a mental note.

What you dont want is the stop being to tight on the SP or you will be taken out easily and you also dont want it too slack or again you will lose too much money before its hit.

On the system when you move into profit I suggest you move it up behind the SP in % jumps and keep to the same % jump as you go higher and higher all the way up until you reach the target SP at 72p. You would obviously carry on and let it run at this stage until you get stopped out.

We have the SP at 52p and the stop loss at 42p under the system but that wouldnt mean you could impose your own stop loss at say 10% loss so yould have a stop loss at 46p/47p what youd have to remember is though that under the system the max you can allow the SP to fall to, to limit loses to 2% of your portfolio is 42p.

I think IG Index have software for this so it automaticaly does it for you.

cheers GF

But there is a certain type of Etonian politician, brilliantly characterised by Nick Fraser (himself an OE) in his book The Importance Of Being Eton.



‘Etonians,’ said Fraser, ‘are the ultimate pragmatists, totally free of any ideology. Other than the means of getting and gaining power, no conspicuous motives inspire them. It’s not clear that Etonian politicians really believe in much except themselves.’



The other lot get a bashing too here:



As Sue Cameron, that most astute of Whitehall watchers, pointed out last week: ‘Other socialist princelings include Will Straw, son of Jack, who has been selected to stand for Rossendale and Darwen; David Prescott, son of John, who is still looking, as is Euan Blair, son of Tony. Neither the Old Etonians nor the Red Princes have much in common with the majority of the electorate, who are likely to become ever more disillusioned with those who govern them.’





the whole article is here: http://www.dailymail.co.uk/debate/article-2587606/Never-mind-Daves-Etonians-Labours-ruling-dynasties-just-privileged.html

From the 'Boris Johnson column' in today's Telegraph:

at Boris Johnson: Budget 2014 -The Lamborghini ride that says power to the people

People are being extra cruel about Ed Miliband, and saying the reason he was so hopeless in his Budget response was that he didn’t really grasp what was being announced. That is allegedly why he flapped and frothed like a hyperventilating goldfish.

He didn’t understand what this “annuity” business was – and so he went into his stock rant about which schools everyone used to attend, and which university clubs they belonged to (a bit much, when you consider that both he (Ed Miliband) and I were at the same prestigious forcing-ground of talent that was Primrose Hill Primary School, Camden; or when you consider that Ed Balls himself was a member of an Oxford drinking club so egregious that he once appeared in Nazi uniform). He was flannelling, they say, out of ignorance and desperation.

How is your Auntie gf?

‘Etonians,’ said Fraser, ‘are the ultimate pragmatists, totally free of any ideology. Other than the means of getting and gaining power, no conspicuous motives inspire them. It’s not clear that Etonian politicians really believe in much except themselves.’


I think when one examines the ramifications of the "budget" changes in "pensions and Annuities" and the possible machinations encompassed within the propose changes, then the first paragraph applies.

Some changes were necessary, but not done in a rushed attempt to buy votes and cringing tory voters and UKIP camp followers.

The long term changes of this policy will be interesting to observe, but they will please the greed of the short sighted, but not necessarily satisfy it.

One object in the water is orange. Would it be suspicious if it was a life raft and the only occupant was the pilot, especially if he had no memory of what happened?

Mmmm!!!!!!!!!!

Lets move the discussion away from Old Etonians and Noo Labour Princes unto the inexplicable eh Haystack?