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.

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?

3m recovering thanks for asking. It wasnt as bad as first thought but she will have to stay in hospital for another few days.

electionista ‏@electionista
Two UK polls out tonight:

YouGov: CON 36%, LAB 38%, LDEM 10%, UKIP 10%

ComRes: CON 31%, LAB 36%, LDEM 9%, UKIP 11%

UKippers giving tories back some % points, mind nigel could get them all back with his dual with cleggy.

some or even much of ukip's appeal is dissipated if a referendum really is seen as a certainty with the tories

there will also be a good slab of tory "deserters" who will return to that party once they recognise that a vote for ukip could let labour into power through the back door

labour "deserters" may not be so easy to entice back, as labour has categorically refused even a thought of a referendum

as would be expected, the polls are starting to tighten up

That's if any of the punters choose to believe "Honest Dave's" promises.

As for the other eejit millibum, who can take him at face value?


Funny enough, the only one of the big three who can hold his head up is Cleggy, he makes no bones about where he stands on €uropa.

LOL dont be silly.

Cynic i thought youd have seen through Ozzies political budget.

The new pensions regulation was set up for obviously appeal to older voters, the type UKIP have nabbed from the Tories.

When the newness wears off they will be back with Nigel, you mark my words.

And Tories wont be offering referendum in 2017 as they wont be in power.

You also say........" labour has categorically refused even a thought of a referendum"....ends

well thats wrong they will have a referendum if conditions inside dont markedly get better after negotiations.

Both the Eds have mentioned this plus Danny Alexander and Tessa Jowel on SKY News.

sticky - if the tories are not in power, then of course there'll be no referendum, but that is why i think a slab of ukip's current tory (but not labour) supporters will revert to type

as to the budget, it would seem to have been very well received, and even labour think the complete shake-up of the pension system is a "good thing", albeit that the devil will be in the detail

however, i do concur with you that the most important aspect of voting intentions will be whether or not people see at least some improvement in their take-home pay, which eventually means in their standard of living
that is somewhat in the lap of the gods - plus of course a bit of political smoke and mirrors

em surely came out loud and clear and said uthat nless there is a marked shift of further powers to brussels, there will be NO referendum - i.e. labour will NOT give a referendum

for myself, i want to be able to make a considered choice (aka referendum), and confess to currently being a distinct waverer on the issue