Recent content by chizd

Anyone here think the Dow will be back up to 13,000 in 5 months? I do.

Anyone here think the FTSE will be back up to 6000 in 5 months?

What's all this talk of a double-dip recession? While recession is measured by GDP, it's published quarterly in arrears, so a much more timely measure is the BLS unemployment data at www.bls.gov. If you take a look at that, the u3 rate shot up for the recession, but is coming down now - there's...

I also found myself dreaming of using another broker. I posted on another board I'm quite happy with IG, and that's still true. Used to use Cantor, but they didn't have the product range. IG used to limit your deposit to 10k. Thank goodness they don't anymore.

I think you're all too big on stops. They're a rip off. But then, I've got the time to watch the market and close if things run against me. I've been a full-time trader for 10 years now. On another note, I don't believe in shared consciousness, but after posting on trade2win I found myself...

No, I don't use stops, as you have to pay more spread for them. And typically the market will move through the stop then come back up again, so it seems like a way to lose.

Well, I've traded with IG for 10 years and I've found them to be nothing but good. I don't use stops but it sounds like the behaviour you've described is just what they're supposed to do.

I generally trade and watch the markets. Recently I was running a big position and I had to go to an appointment, so I left my desk. By the time I got back the FTSE had fallen and I was in the red. It all happened because I stopped watching the market. Had I been watching I would have closed and...