Fook me there's (serious) money to be made spread betting on the price of Gold.
Tax free too.
Why bother working?
Tax free too.
Why bother working?
-
-
Welcome to Plan COriginally posted by DimPrawn View PostFook me there's (serious) money to be made spread betting on the price of Gold.
Tax free too.
Why bother working?
I got stopped out of gold last week (after trailling my stop - finally got taken out for about a $60 move (in the price))
The euro is quite fun to trade at the mo as well - just keeps going up and up! Bought yesterday at 1.6825 (EUR/USD) closed half the position today at 1.6990, and still got the other half in play - stop loss at 5 pips above my entry
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk -
are you always in the kitchen at parties, mr prawn?Comment
-
EUR/USD is 1.39 now - you must have bought GBP thinking it's EUROriginally posted by Jog On View PostBought yesterday at 1.6825 (EUR/USD) closed half the position today at 1.6990, and still got the other half in play - stop loss at 5 pips above my entry
Comment
-
It's not dirty spekulation actually, that's gambling...Originally posted by DimPrawn View PostComment
-
Gambling with almost no chance of losing.Originally posted by AtW View Post
It's not like they can print Gold.
Comment
-
-
Originally posted by DimPrawn View PostFook me there's (serious) money to be made spread betting on the price of Gold.
Tax free too.
Why bother working?
Spread betting may be tax free because it's classed as gambling.
Spreads are very wide so it's a mugs game.
Mmmmmmm, a stop loss above entry of a buy.Originally posted by Jog On View PostWelcome to Plan C
I got stopped out of gold last week (after trailling my stop - finally got taken out for about a $60 move (in the price))
The euro is quite fun to trade at the mo as well - just keeps going up and up! Bought yesterday at 1.6825 (EUR/USD) closed half the position today at 1.6990, and still got the other half in play - stop loss at 5 pips above my entry
You'll do well in your chosen career. 
How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
-
I moved it when I closed half the position at 1.3990 for 165 pips. Now I'm in a free trade playing with the houses' money
Considered moving it further to +50 pips but trailing it too tightly is how I got stopped out of gold."Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
-
Ah, your current stop loss - that's better. It read like your initial stop loss was above what you bought at.Originally posted by Jog On View Post
I moved it when I closed half the position at 1.3990 for 165 pips. Now I'm in a free trade playing with the houses' moneyOriginally posted by HairyArsedBloke View PostMmmmmmm, a stop loss above entry of a buy. You'll do well in your chosen career.
Considered moving it further to +50 pips but trailing it too tightly is how I got stopped out of gold.
I can't comment on your trade for reasons that I have gone into before. However, you may wish to step away from the charts and look at the political-macroeconomic issues at play here.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
Comment