Looks like the dax just shat itself. I tried a bit of discretionary trading this eve, got myself in a hole pretty sharpish. Lesson learnt. Let the computer make the decisions!!
Yeah finally broke big time...glad i didn't try and lose my sim profit for the day...Great action though.
CanOz
Maybe a delay to the Honkers open today. Just a bit under the weather,
http://www.hko.gov.hk/contente.htm
http://www.hkex.com.hk/eng/market/typhoons/tradingarrangement.htm
They've banned shorting in Italy and Spain. We should be fine now
Amazing, they did this during the GFC as well. Months after GS made a bloody fortune shorting AIGs stock as well as many other banks that they setup to fail. Then the Government bans short selling well after the banks had lost the bulk of their value to appear to be doing something. In the meantime their banking buddies ended up walking away with billions from that and the bailout they needed as well.
But nooo, ban short selling so the retail traders can't provide any liquidity and the stocks fall further as there are no buyers anywhere now, not even the short sellers can buy back...Totally political.
Anyway, you can still short country ETFs.
CanOz
Joules why do you bother with CMC? They have a 12 point spread on Honkers!!
yep, fair point.......i stay out of the chop on hsi which means missing a lot of moves, bad and good, i guess
......looking at ninja at the mo......taking my time, want to know all the ins n outs
You can trade the MHI, 10 HKD per tick, 1-5 point spread, 1.5 ticks brokerage cost and you don't have to cross the spread on every trade.
I wouldn't use NT for honkers, Just IBs booktrader.
The Kos is just lonely without Honkers...
You know where the players play......artyman:
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