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View Full Version : Market trading: How hard can it be?


Leonthefixer
12th August 2010, 01:46 PM
From the BBC website:

http://www.bbc.co.uk/news/business-10928909

Talisman
12th August 2010, 02:10 PM
Im looking forward to seeing Gekko return!

bazbaz
12th August 2010, 02:16 PM
Yeah me too! When its out September or October I cant remember

Scumbag trader
12th August 2010, 02:27 PM
Yeah me too! When its out September or October I cant remember

24th of September, i've been counting the days for months :D

bazbaz
12th August 2010, 04:43 PM
24th of September, i've been counting the days for months :D

Was supposed to be out in April originally, I stopped checking when its out due to the disappointment of seeing it go back time and time again :Devil

ron
12th August 2010, 08:04 PM
Found some of the commnets funny and true.

TRADER SPEAK

Intraday trading: Trading on short-term moves in the markets during the day, rather than making longer-term investments

Futures trading: Buying and selling futures contracts, essentially allowing you to bet on the direction of the market. Most intraday trading is futures trading

Position: You hold a position in the market if you have bought or sold a futures contract

Long: Your position is long when you have bought futures contracts, betting that the market is going to rise

Short: You are short when you have sold futures contracts, betting that the market will fall

Backstop: An order to close your position automatically when the market hits a certain price, allowing you to limit your losses

Getting burned: Losing money on an unsuccessful trade

Getting killed: Like getting burned, but worse

Taking a bath: See 'getting killed'

Fat finger: Accidentally trading by pressing the wrong button
^Done the above many times ^ :D