Anyone scalping the FTSE Futures??

[darktone]

Hehe. It was the first comment that got my attention

If in doubt [or lacking in common sense/skill] average down

I thought that sounds like a bit o me!


Ive never heard of Tim Young before, but found some interviews he did with UKspreadbetting. I found myself agreeing with a fair bit of what he was saying, but you can feel the greenness come through in some of the clips imo.

https://www.youtube.com/watch?v=TpHMVW1mAw0&list=PLnSelbHUB6GQksHdISlsgWj9zZdCD0Ziy&index=2

 

[f2calv]

you can feel the greenness come through in some of the clips imo.

No pun intended eh? lolz

Gotta love this, "Do you short?" "No I don't any more, it's just a psychological thing..." :|

So he misses out on ~50% of the opportunities, funny how he doesn't mention that on his Ayondo write-up, and a bigger shame he never makes it to the London trader meetups hah.

He gets introduced on tiptv by Zac as "a day trader for Ayondo" where it should be "a day trader with an account at Ayondo".

Although I have to thank him, after noticing how vague/evasive he is on tiptv and their lack of pressing for any kind of results to back-up his "credentials" kinda gave me a wake-up call about how tiptv is just another marketing channel for the retail sell-side and now I only watch it for a bit of light entertainment

 

[darktone]

I can sympathise with the 'long only' approach tbh. It can be seen as halving your op for profit, can also be seen as halving opportunity for self nut kicking .
He made a valid point that risk is limited to the long side where its not to the short side. He also said (vaguely ) that he feels the market will go up over time. I can align with that view too. If we look at the overall trend for stocks, its up. The way I see this is if it comes under the heading of 'stuff in general' and its priced in this thing called money, over time the price will rise, if for no other reason than value of money (as it is today) is on a one way trip.

Ive never heard of 'tiptv', sounds like a great op for lulz

 

[tar]

2 years profits wiped out in a single trade . Shell shocked for months afterwards = Punter .

 

[f2calv]

Ive never heard of 'tiptv', sounds like a great op for lulz

Ur welcome!

http://www.tiptv.co.uk

https://www.youtube.com/channel/UCbmYqd55BU-kPmXV-WEd-cA

Their live streaming which kicks off at 10am is a bit dodgy (stop-start at least for me), so I most scan through their youtube channel mainly.

On the plus side it looks like they have some new lady presenter, she seems like a bit of an ice maiden but on the plus she's got a great set of pins :innocent:

 

[Oscar Reed]

2 years profits wiped out in a single trade . Shell shocked for months afterwards = Punter .

Sorry to hear about your misfortune Tar.

Work hard you can make it back.

Remember no stops next time.

 

[darktone]

Id go with noob over punter. Plenty o pros have similar stories to tell of their early years, Michael Marcus being a good example. It did sound like he learnt a few lessons about risk and psych in that experience

"Its not what you you make, its what you dont lose"

 

[tar]

Sorry to hear about your misfortune Tar.

Work hard you can make it back.

Remember no stops next time.

Thanks mate but i've just made it back with 1 pip stop .

 

[Maddog79er]

I am long DOW here at 17900
Stop 17880
Limit 17950

FTSE @ strong support expecting a bounce

 

[Maddog79er]

I am long DOW here at 17900
Stop 17880
Limit 17950

FTSE @ strong support expecting a bounce

Stop moved to 5 pip profit, will let it ride out now

 

[darktone]

still l dax 10605

 

[joseph1986]

we should go back to those levels....between now and FEBRUARY! LOL!

 

[darktone]

Thanks Joseph, im holding out for +1

 

[joseph1986]

if ftse doesn't reach 7160 within the next week and we are less than 100 points from 6966
I believe a correction into 2017 is in order

I really was counting on 7160.....if you looks historically every time we reached those all time high's a drop was in order within 3 weeks.....the question is 300 point drop or 500 point drop. Recovery only begins after 6 to 8 weeks.

 

[swissy]

Margin(s) increasing on everything with my broker next week.... lol

Darktone are you going to be ok? Wish you the best - hard yakka this trading lark

 

[darktone]

Darktone are you going to be ok? Wish you the best - hard yakka this trading lark

I'll be fine thanks mate. Unless the dax drops by more than 10328pts

 

[Oscar Reed]

Thanks mate but i've just made it back with 1 pip stop .

12 friends to start the day now sitting on 11

Did I say something or were you on the other side of my non stops.

 

[tar]

12 friends to start the day now sitting on 11

Did I say something or were you on the other side of my non stops.

I keep adjusting my portfolio on a daily basis

 

[tar]

I'll be fine thanks mate. Unless the dax drops by more than 10328pts

Just becareful to not wipe out two years of hard work in a single trade ...

 

[darktone]

Just becareful to not wipe out two years of hard work in a single trade ...

Id be deeply upset and emotionally disturbed for at least 3 months.