Recent content by mpjordan

If 90 % of traders fail, then I guess that's a clue to how difficult it is. The thing is trading is very counter intuitive. A bit like a golf, the harder you try and hit the ball the worse you play. To do either you have to discipline yourself to act in a way that does not feel natural. Keep...

Well done FC, can i subscribe to your methods and trades MJ

Stoped out for 20 pt loss, so much for the bounce. mj

Long at 10193, bring on that bounce! Mj

Just closed my 2 longs on dow ,ave 45 points each trade. watch it climb now. mj

Kriesau, I had similar yesterday, went short at 360, it went to 290 and i moved up my stop to 320, and got stopped out, had to go out and so missed opportunity to get back in. If only I hadnt moved my stop! Now long from 215 and 200 waiting for a bounce with a stop at 180. Also short dollar...

If your spread betting the dow, you might be interested to know that Capital Spreads are now offering a 4 point spread on the cash and rolling cash.( ive no connection with the company, apart from having an account) User is a tomarrow an exotic cross between a tomato and a marrow? : ) MJ

Good call user, maybe bank half the gains, trial stop on rest. Maybe not your style. MJ

Hi Tredie 140 pt profit, dont expect too much sympathy : ) mj

Hi Socrates This is the only thread i follow on this site, its really interesting to see peoples views and positions. Its all done in an informative and freindly way. User started the thread off, and right or wrong I always read his contributions with interest. and they stimulate debate. I...

Bramble, you must be traders anwser to stephen hawking, certainly are raising the tone of this thread. in your universe is the dow going up or down today? : ) mj

My undertstanding on expiry on the dow and s&p index options, on a quarterly option it is based on opening prices of the 3rd friday, for every other month it is based on prices at the close of business on the 3rd friday. Mj

User, fair play for not getting stopped out of your oil yesterday, I did, damn. MJ

Let me know when you find out. MJ

Good job I moved up my stop tight on the ftse, took 25 points. I go away for 45 mins, its tanked. What happened? This morning I was thinking ,damn skaken out of my long on the dow now watch it take off. Not now! MJ