the londonkid report

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The NDA is put in place to prohibit self-dealing, and you're telling us that your buddies at work are trading the same contracts at work and in their IG personal accounts. I am happy that you're enjoying yourself.
 
The NDA is put in place to prohibit self-dealing, and you're telling us that your buddies at work are trading the same contracts at work and in their IG personal accounts. I am happy that you're enjoying yourself.

boy you are biting down hard. i just checked the contract, trading on my own account is not prohibited. the non disclosure only relates to the terms of the agreement nothing else is mentioned.

Of course they are not trading the same contracts dufus. These are all strictly tax free spread bets off exchange. They are taking the IG dealer price. Yes I have seen people bang IG on the same instrument, I don't do it as I actually have morals.

enjoy.

phone.png
 
What market is an a bear phase? 25% off the highs is the Generally believed def of a bear market.
Ahah thanks, but I don't have to wait a 25% correction in any market to know if it is bear or not. Even Charles Dow 100 years ago explained how to recognize a bear market well before the bottom.

CM
 
Was oil really worth $31 at one point today and moments later $31.33, then $31.05, then $31.40 or was their another reason why price moved. Was it really supply and demand?
It was, it is, it will be S&D.
Sure some players can push prices for minutes, chasing stops. But hours or days? Nope.
By the past, you could corner a market for days / months. Nowadays? No way.

I love the game but I hate the players.
I love the game AND I love the players.
No players, no game.
No good players, no challenge.
No bad players, no easy money.

CM
 
Worse, you cross trades and pocket the edge. Offer at work and meet that offer in your personal account. omfg, you are so FOS.

W_T_F do you think the NDA is for?

I knew a guy who did that. 23 years old and wearing county blues.
 
I knew a guy who did that. 23 years old and wearing county blues.

I dont doubt that. Its different here in UK, spread betting and cfds are very popular, these are bets that occur off exchange and the bucket shop takes on the risk. Vast majority of customers are not hedged by them, they dont need to. As I said before I have never done it but have I seen others do it and talk about it. Hell yeah.
 
A polite suggestion. Perhaps Destiero/convexx/downpruf/riskarb/atticus/contrca should continue with one of his old journals. Otherwise this will just end up another clusterfcuk thread and the trail of destruction will continue.
 
Londonkid,

I have to admit that I did not read every word of the last 18 pages, so I might have missed something. Along with your predictions of market movements, have you pointed out what instrument you used to profit if you are correct, what that trade was and when you entered it? I'd like to follow the real progress of the trade not the prediction. If you used options poorly, it possible to be 100% right and still lose money on your entry/exit prices and timing.

Good luck, I personally have no idea where the S & P 500 will go over the next month. I do have an opinion on Gold and Oil but I can't post it here.

Bob
 
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