Recent content by goldy

Now that XTA has received approval for its proposed takeover of WMC, whither Xstrata? It has already broken upwards strongly after three attempts and is reaching historic highs. Is it time to cash in or hold our for even headier heights?

Does anyone have a view on the effect of Santander off loading its RBS shares at £15.50. Can anyone see it dropping below? How long will it stay below as it was looking like it was on a rising trend, breaking £16.00. Would now be a good time to buy at £15.50?

How did they stop you? How did they justify it because they make money on their spread everytime you trade? They even make a point of saying you can trade as many times a day as you want!

Hi Jtrader I don't actually place 40,000 in a single ticket, although the most I have managed is 20,000. I use Level II and watch the market depth before placing/closing a trade. I usually place 8 x 5,000 share tickets in very quick succession or grab 4 x 10,000 's if the depth is there...

I've had the same problem with CMC, Jtrader. I deal in large amounts - buying and selling up to 40,000 shares in a single deal in the more volatile FTSE stocks like RBS. I have no problem with the spreads 95% of the time, but they always let themselves down in the more fevered market...