How have your previous predictions done?
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Allow me.
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No one can predict short term market direction, but my longer term projections are always correct. For example I said earlier this year that the next leg down in equities would be at the end of summer*
- It’s still summer here, over 30C all week.
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Any chance you could speak in English?
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Not just equities this time either bonds as well. Double bubble.
The market can be wrong longer than you can afford to be is the problem. Could be years before it pops. Party while u can
Buy schadenfreude
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I thought we all partied already?
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There will be some party if German banks collapse.
A Nazi party
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Sterling went haywire last night. Dropped 10% in a minute during Asian trading. Some algorithm gone wrong again no doubt. Almost reached parity with the euro at that stage as well before settling back to 0.89. Great time to go UK side.
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That’s why spreadbetting is a fucking mug’s game. You could have a perfectly reasonable position and a brief market move wipes out your position.
Sometimes they will reinstate positions if it’s a false move but in general ya you’re absolutely right. Spreadbetting is really only high stakes gambling
Apparently it started, or at least became mainstream in cricket of all things. You could lose your shirt.
At least if you are having a punt you can only lose what you put down
Indeed. When even the bookies started to warn against spreadbetting, you know it’s for insiders and addicts only.
Sports spreadbetting is a good bit of craic.
Not on cricket, unless you are unhinged.
Can you not put stops in place to limit your loses ?
Doubt it, otherwise it would be a one way bet, unless you limit your winnings similarly
You do