UK Stockmarket 2009 and beyond

uk_steve

tonygee wrote: »

Im begining to smell FTSE 4000 again;)

:beer: could be could be :beer:

tonygee_3

Hi steve,Agree Day trading Enviroment only at the moment.Ive done a bit(tedious but best strategy) but the big gains will come when panic sets in again
Ive seen youve been busy on iii forum,well done and have great weekend break

StockTrader6080

tonygee wrote: »

Sounds great but the market is based on the most basic of human emotions.... GREED
Probably beyond the grasp of a simple ROBOT;)

Actually Tony, the CoolTrade traders have a much better chance of getting in and out at the right time, based on hundreds of calculations a second, than someone sitting in front of a monitor watching a handful of charts and graphs.

There is an article on the right side of the CoolTrade website called "Protect Yourself". It shows what the large institutions are doing with their computers to compete with the public. I recommend you read it.

I honestly don't know how people could trade without full automation.

Keith

tonygee_3

Stocktrader,Im not convinced but feel free to 'put up' some buys and sells,in advance, to convince me:p

StockTrader6080

tonygee wrote: »

Stocktrader,Im not convinced but feel free to 'put up' some buys and sells,in advance, to convince me:p

Tony, I don't work for CoolTrade. You can go ot their website and click on "Strategies" and see some of the top strategies that you can run. It shows the average monthly returns people are getting.

If you ran a strategy for a week, you would see that it makes no sense to show stocks that it buys and it may sit in some positions for weeks, awaiting the market to make its move.

If you are interested in no-programming required traders, you should try it for a month, running just the simulator so you don't risk real dollars until you are comfortable with the software and the strategies.

If not, that's ok. I'm just sharing what works 10,000 times better than manual trading. Millions of people have already proved that mutual funds and manual trading does not work. While at the same time goldman and others have proved that robotic trading does work.

Cheers!

Keith

sabretoothtigger

Pays to stay cool I agree but computers work best with the very shortest of trades not really private investor stuff.
As far as day trading, I could use a system like that to buy and sell an index for me maybe as its often about seconds difference between profit and loss but I would still decide when to set it



iii is mostly guys saying they sold their car to buy barclays shares, apart from enthusiasm I dont often gain much from reading there. If theres a good thread give us a link for it
btw when barclays went back to 260 briefly they all said they had sold, its a herd atmosphere

i know am ready to pounce on opportunities

Thats the reason its not going back to 4000. Not any time soon anyway, when it fell sharply last year it took alot of fear and apparent major failure . Even with all that it still came back up very sharply before we had the slow decline.
4000 might apear with a slow decline or realisation the best gains are not in the west. Right now I dont think it'll drop that much if at all, we'll be more flat now imo

tradetime

Yet another correction attempt beckons, my 1120 - 1158 target was not met. Intraday we did manage to hit 1080 on the S&P500, since then a lower high and now a lower low have been established, the lower high being in the 1065 - 1070 area and the lower low still being set, if we can bounce today, it would set the low @ 1024, also a tentative down trend line is in situ. This puts the upside on hold for now. A breach of the lower low would confirm the downtrend, whilst a close above the lower high would negate it.
The alleged "money on the sidelines" will be a challenge to any correction without any new source of fear and makes shorting a somewhat riskier than normal strategy. The target for the correction as of this time for me lies somewhere between the 990 - 956 level, a similar correction on the FTSE could see 4500 - 4600 level. Earnings season in the US unofficially kicks off on Wednesday after the close when Alcoa steps up to the confessional, this will make for an interesting and volatile month or so.

Theodor

sabretoothtigger wrote: »

Take profits but stay invested somewhere you feel is best for the longterm.

Technology was a great play coming out the nineties recession Still is but good judgement is required as to which companies when. If every stock starts falling or rising at once you know its not right

Really? Maybe you're right

Theodor

:money::mad::rolleyes:

laehc wrote: »

I think markets worldwide are generally overvalued, and the UK economy has serious problems. It doesn't follow that shares have to come down anytime soon, though (although they might).
I'm guessing that if you expect a big drop, and if option prices show the market does not agree, then buying out-of-the-money put options might be reasonable, however the issues are fairly complicated and I've never actually used options.

:rotfl::T:A:j:beer::o:cool:

turbobob

Well today was an interesting one. Footsie up 2.26%, seemingly knocking any talk of correction on the head. Fresnillo gained nearly 10% :eek: (and broke out of its range)