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.

Hilary your thoghts on risk/reward systems for Forex for alders, I believe just you and shortie pratice it full time on the board.

No different to any other market. Identify a trend on whatever timeframe you wish to use, trade only with the trend, set your stop just outside the bounding trendline, and size your position according the distance away that the stop is. And if you can't identify a clear trend, stay in cash.

Yep thats why on Trade Station you find so many systems have limited lifes. ie, because the market is forever changing.

Ive said before (and I know you disagreed) that the market is more often wrong that is right and I certainly dont believe in the principle of 'modern market efficiency'.

I think alders should stick to stocks and forget Forex and indicies for at least 24 months while he gets experienced in the ways of the IG trading platform and also the risk /reward system he is going to use.

I'd probably concur with that - FX does have a habit of frightening a lot of people away for a variety of reasons, not least because most rookie traders unknowingly over-trade as Alders did today. But that doesn't mean that it should be discounted completely.

Alders where are you????

http://undergroundmgzn.com/2014/09/17/queen-accidentally-shoots-alex-salmond-crossbow/

http://undergroundmgzn.com/2014/09/12/wales-reveal-theyve-already-left-uk/

http://undergroundmgzn.com/2014/09/15/exclusive-alex-salmond-birth-certificate-reveals-born-essex/

goldfinger

Just read yours and Hil's comment's and will take them on-board, cheer's.

No probs alders you know you have freinds to call up on.

just got tv on and breaking news says "Scotland votes no...prime minister talking to salmon.." ..what is he says to him...literally -"mega lol"?

more like "how much cash do you want?"

Big gap in favour of no. There is now a strong demand for an England only parliament in exchange for Scotland getting new powers. That will be with no Scottish MPs in our parliament. That, of course, means 41 less Labour MPs, 11 Liberal MPs and 6 SNP MPs. That's pretty much a regular Conservative majority.

RESULT!!!

not sure if that would be so .... i interpreted as meaning that scottish mp's could only vote on issues affecting the whole union .... or put another way, they would be excluded from those issues over which the "new" scotland had independent control in scotland (i think that makes sense)

Cameron has said this morning that the new powers for Scotland have to be done in the same timetable as changes to our parliament. The news powers are extensive and include income tax, NHS etc. That could means Labour having no influence on major decisions.

Unravel, the complications of false promises!

My guess, if there is a referendum on EU as PROMISED by Wavey Dave the result will be similar!

The divil will be in the details....and I bet there will be a few nasty's lurking beneath the surface.

Crushing defeat for Salmond. Only 4 out of 32 councils voted yes. Some areas were 2 to 1 against yes.

Learnt last night just one vote either way out of those millions would have given a result.