Nice work

Yeah, you'll need the 17% to go up again. I think everybody has this idea but then the value of the shares would be less too, no?

I told a couple of foreigners to pack their bags and fack off home.

They did pack up their bags. With the shopping they were purchasing. And they did fack off home, which it turns out is just up the road from me.


#Brexitsuccessstories

TOOR...wtf? I dont think u understand fella. i bought the shares at their LOW point, they then moved UP over 10%....thats were my profit comes from. I didnt hold them then they fell, thats would be silly

comment by D'Jeezus Mackaroni (U1137)
posted 10 minutes ago
I told a couple of foreigners to pack their bags and fack off home.

They did pack up their bags. With the shopping they were purchasing. And they did fack off home, which it turns out is just up the road from me.


#Brexitsuccessstories
----------------------------------------------------------------------
You live down the road from Mr and Mrs Giroud?

Well done and that's a funny one.

comment by Got_Better (U6241)
posted 17 minutes ago
TOOR...wtf? I dont think u understand fella. i bought the shares at their LOW point, they then moved UP over 10%....thats were my profit comes from. I didnt hold them then they fell, thats would be silly
----------------------------------------------------------------------
Ah. I thought you said you bought shares whilst they're down after the out vote today and are holding them in the hope they'll go up.

Comment deleted by Site Moderator

Bought Barclays and Lloyd's around 10am today. Down £100 so far.

My wife went into work at 9 this morning(she works in Citi bank) and told me Barclays were down 30%

comment by There'sOnlyOneReds (U1721)
posted 42 minutes ago
My wife went into work at 9 this morning(she works in Citi bank) and told me Barclays were down 30%
----------------------------------------------------------------------
They were down 25% and bouncing temporarily back to down 20% when I bought in. Hence a bit of a loss.

Investing in stocks is a random walk for the most part, so a short term regression heading to the mean will likely be good for a 10% return.

Far too much volatility to be plunging money in today in my opinion.

How do you have enough savvy to play the stock market, yet you can't seem to write a logical, sensible or, at times, even coherent article on here?

Baffles me.

Are GB and Sandy the same person?

They share many traits.

If not the same person then I hope they find each other on Grindr.

comment by Dalglish's Double Fist Pump (U6580)

posted 8 hours, 11 minutes ago

Far too much volatility to be plunging money in today in my opinion.





nah, volatilities good, especially for day traders. the banks keep on trotting out the phrase 'markets hate uncertainty' but they're lying. it's damn hard to make money in a stagnant market.

GB was on here saying he was in favour of leave, and now telling us that he took advantage of the situation the turmoil leave created.

GB if you knew of the impact leave would have, why did you vote leave?

because as you've already been told, multiple times.

whatever the result of the vote, there would be market turmoil, traders/markets would, as always, completely overreact first, and then think later.

gb voted leave because he'd have thought it was better for the uk in the long term, and because he didn't like the eu institutions, and didn't think they would change if we stayed in.
no one claimed there wouldn't be any short term pain, but then, considering the pain they've caused us all in the past, when the banks/markets/traders get it wrong, why not take advantage of the situation?

but you already know all this, he's already told you this himself. so why do you keep asking?

19th. ....spot on. Traders love a volatile market the mad swings are an opportunity to make oudles of money.

Many many people would have made a killing yesterday.....If you had a few 100 a spread across sectors ur return may have been 30% profit plus. Crazy money.

yep, I know, I've spent 12+years working as support for futures/options traders, both in independent trading arcades and as a consultant at a large investment bank.
I've seen the markets panic repeatedly on economic releases where the figures weren't in-line with expectations.
the market drops yesterday would have been completely expected by anyone with a brain. it's absolutely nothing to worry about. people just need to chill out and give the markets time to recalculate where they should actually be. everything will go back to normal.
it's not a financial meltdown, it's not the end of the world. it's just people, who happen to be traders, panicking, chasing the market down, and then they'll realise it's not that bad in reality, and everything will start to come back up to were it was before.

comment by 19th title coming soon. (U12879)
posted 2 minutes ago
yep, I know, I've spent 12+years working as support for futures/options traders, both in independent trading arcades and as a consultant at a large investment bank.
I've seen the markets panic repeatedly on economic releases where the figures weren't in-line with expectations.
the market drops yesterday would have been completely expected by anyone with a brain. it's absolutely nothing to worry about. people just need to chill out and give the markets time to recalculate where they should actually be. everything will go back to normal.
it's not a financial meltdown, it's not the end of the world. it's just people, who happen to be traders, panicking, chasing the market down, and then they'll realise it's not that bad in reality, and everything will start to come back up to were it was before.
----------------------------------------------------------------------
Spent a decade in the markets myself, and this is absolutey correct...only thing I would add is that most traders I knew were not the sharpest tools in the box to start with, and they also weren't necessarily paid to think about things too much, but to react to things, and to react quickly.

Spent a decade in the markets myself, and this is absolutey correct...only thing I would add is that most traders I knew were not the sharpest tools in the box to start with

that's putting it politely, more bluntly, most of them are bloody idiots who went straight into trading internships after leaving school at 16. given ridiculous pay packets right off the bat, and thus have never had to live in the real world.

GB

I voted In, but I took the 6/1 on offer for a Brexit, available pretty well up until the 10pm voting cut off point.

Sad that Britain has left the EU, but a bit of a softner I won some money.

While I agree with much of your post, I can't agree with :

ause as you've already been told, multiple times.

"whatever the result of the vote, there would be market turmoil"

Remaining in would not have triggered that turmoil seen.

yes, it would, markets would rally with absolutely no financial reasoning. sales of goods aren't going to skyrocket, dividend payment's aren't going to skyrocket, profits aren't going to skyrocket, but stocks would jump up. currencies were already falsely rising, and would have seen another large jump when a remain result would've been announced. with no real reasoning for those values, they would have ended up dropping back down, not necessarily gradually. banks want the markets to move. they don't care if it's up or down, (unless it's their own stock), they'll make money either way.

Stocks and currency going up and then back down gradually to where they were isn't turmoil.

Stocks and currency going down to record lows and then recovering some is turmoil.