dmedin

So that totally goes against what I understand as the advantage of using an option, which is to give you not only a limited loss but to keep your position open long enough for the price to turn in your favour. What you're proposing, I have no idea about - sounds like binary or knockout options and doesn't seem all that different from SB or CFD. The major disadvantage of which is that once your stop is hit you're out, with no opportuntiy to wait for price to move back in your favour unless you enter a new trade (and pay a new commission, and potentially get stopped out again.) Fking horrible situation.

Simply buy a stock when it closes above its 200 SMA. You will make many moneys. Look at the evidence below! If you want to know more, send me a cheque.

Silver is picking up too bonnie loon 😻

Ooh Tabitha! I say!

A kernel? More like a big fat juicy bushel

Hahaha

It looks like a nightmare, strange colours, complicated (too many lines), ultra-short term, ouch I'm not touching that it's too hot.

👹

If I was a betting man I'd say this might fall a bit more before it carries on 🤔

They've got a plan to get off coal now. If it's true that China and India will consume coal and oil for decades ... half the world will probably be uninhabitable by that time ... they might need to consider their options

It's definitely on this time, Frodo Baggins!

🧐

True but gold rose last year at the same time as the U.S. indices spent the entire year in an uptrend. Sounds like gold is rising at the same time as stocks, maybe as a kind of hedge? Meanwhile, oil is in terminal decline as the world moves towards renewable energy.

Stocks high, oil low?

Gold's next leg up 😻 Come ye wee beaut!

Breaking out of the 'magic triangle' (or is it?) 🇺🇸

Berger?

Yeah but just because you're aware of it doesn't mean it's obvious how to play it. If 70% are short and you go in long, there's still every chance a short-term movement will hit your stop loss and knock you out. It's a false sense of security if you are trying to day trade. This is modern day Britain ... oftentimes the people who give you the friendliest smile are the ones who are working hardest to f*k you over ... as Mags said, there's no such thing as society and it's all about number one.

There's not enough people to take up the opposite side of your trade. You think that's bad, a big company like Greggs has a £16 spread. That's £32 to close. Games Workshop has a £42 spread!!!

So as if options weren't complicated enough already now there's this ... hahaha ... remember the adage the brokers have in the City, 'The secret to big profit is to sell the most sophisticated products to the least sophisticated investors.'

Apparently they only get money from commissions (that, and their premium clients) and hedge out all the winning trades somehow. The main thing is to keep new blood coming in, I call them fish food because they get eaten by the sharks. On DailyFX their number one indicator isn't TA or fundamental analysis but to do the opposite of what the majority of IG clients are doing. Everyone can draw their own conclusions about that.

Look at the diagram below. Up and down over a general up trend. Buy and hold people would have kept a steady profit. Traders trying to be smart-@rses would have been whipsawed by those ups and downs. What's the right thing to do? If you enjoy losing money be a trader

Well then you're a star IG client and they will be keen to highlight you, so that other people will think they can do as well as you can. And the vast majority of them will learn a lesson like I did

Good for you ... There are also some people who win at poker and win the lottery too. As for 'trading', the overwhelming majority do worse than people who buy and hold a diverse portfolio. Even 'fundamental' analysts are full of cr@p - hence the decline of the active portfolio manager.