Archive for September, 2007
Hi All,
With interest rates rising, you can get about 6.5% return on your savings account if you stick it in a bank which is practically low risk.
However, there are ways to get a higher rate of return on your money with the equivalent sort of safety the banks offer.
Zopa matches people lending money to those that need it. You can play the role of lender or loaner and set the rates. If you choose to just leave it in the Zopa account, they'll give you a return of 7%.
However, they
September 30, 2007
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Hi All,
Got back home at around 7pm today. I initially thought that I would not see any action but when the market hit the 154300 level, I went short. This level was reached earlier in the trading day and fell like stone..
When I shorted it at 154250, it did indeed fall. My target was 153950 but I closed early at 154050 for a +8 profit.
Shortly afterwards the market bounced at the 153875. I didn't realise this at the time but if you draw a line from the intraday lows of the day, they
September 27, 2007
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Hi All,
Today was very frustrating. If you look at the chart, you will see that the moves actually look quite 'obvious' ... well, they do in hindsight but my trades were horrendous. I missed the main moves despite watching them move.. my finger didn't even press the correct buttons.
Sorry that I haven't put in the trade arrows on my chart.. there were too many trades. Ideally, I should be making only a few trades in a day, I'm meant to be position trading here!
However, here are the det
September 26, 2007
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