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Ok Guys---for the not so experienced. Try this. Wait until price is at support or resistance and place your stop 20 points the other side. If it reverses which is more likely then your quids in -if it breaks through then your only down a little. Only my opinion and I`m not claiming to make...

"does anyone worry about how much up/down it is already ? eg. its almost 300 down today so shorting may only get you 200 max ? " Statistically yes--in this market no. Just look at yesterday and today for that matter. You should still have a reason to think it though.

I`m sure it`ll come right but you certainly like to live dangerously:confused:

Hey Spanish----you started off a bit lunatic but now making good sense--keep it up.:D

I have a resistence level at 43.05

Trying to work out where you get your S/R lines from as they are a bit different to mine. cheers A nice 320 ticks today --more luck than judgement:)

Love to know who the seller is/are This is not " Lack of demand" crap.

Spanish--Why worry mate------- just carry on. Tempted to place a buy order any time now.

I am in process of setting up a Paltalk chat room for oil trading/day trading if anyone is interested. Just got to suss it out first.

oops:eek: I wanted to sell oil but thought i`d missed it so didn`t bother--same with Dow--same with cable. What a wate of a day. Made a few bob selling gold though.

Concentrate on what you HAVE made not what you COULD have made -----you will go mad otherwise. Hey £1500 is not to be sniffed at

There`s always someone with inside info. Besides , at least its moving again.

I`ll get me coat then!!! :p Made a grand sum of £300 today so far. Was more but lobbed it back in a dodgy oil trade... just can`t get a handle on it today.

We`re watching :) 30 points on Dow down and 30 pips Dow up. this morning so far.

thought you were going to stick to £ 1 or £2 for a while !

Hey Spanish--I`ve been trading for 30 years and still rarely go much above a fiver with many trades at £1 -5. Steady Eddie-thats me BUT I am now retired (from real work i mean) at 49. Keep at it.

Just had a call from one of my old mates in the "city" he reckons traders are scared stiff of taking a position at the moment. No real direction and clueless is how he described it.

Showing my age---I`m addicted to Lord of Rings Online!!:) Any of you trade Gold. ------I can`t make head or tail of oil today.

"Up 60 points--down 60 points ---trading like a prat today." Thankfully just added 80 points. Trading oil and Dow . Got a bit stuffed on cable earlier.

Up 60 points--down 60 points ---trading like a prat today.