Lloyds Banking Group Share Chat (LLOY)

DOW IS GOING DOWN, FTSE IS DOWN

why banks are moving up, specially RBS?

Any comments?

little ramp on the markets pre open but not sure this is going to hold????????

Guys.... just in case the good old FSA police are watching these boards..... and take issue with the comments I made about how to offload stock in a thin market.... then I will gladly reference them (and anyone else) to the book in which I learned this tactic....

36 Strategies of the Chinese for Financial Traders - D. Guppy

hi guys, can someone tells me why RBS is perfoming better than any other UK bank at the moment? the share price is holding very well and its actually going up while other banks are down by at least 3%, ! this is not even consistant with what FTSE is doing,

please share your thoughts , thanks

No I'm not in MATD..... but a i know a man who is!

I know its a grey area.... but at the end of the day, why shouldn't someone be allowed to offload stock as and when they want and in whatever quantities they want?? At the end of the day, the FSA investigating such behaviour would lead them to the door of every Market Maker and professional trader in the country.

Thats what Level 2 is there for! So people can SEE what's being offered at what prices.... and if someone wants to buy from you at a given price thats up to the two parties involved and no one else IMO!

The trick with the small cap and AIM stocks is not to feel trapped. I've been there myself.... it's like a kid (or even an adult!) who gets his finger trapped! Instead of easing it out, or providing a bit of lubrication to get it out undamaged...... the instinct is to pull harder (even to the point of hurting oneself in panic!). We've all been there havn't we?! LOL

When I started trading AIM stocks....sometimes if I got in a bit too deep, and couldn't offload them all within NMS..... I would get such an instinct - to try and pull them all out at all cost immediately....... when sometimes all that it needed was a bit of lubrication, a little bit of coaxing, and bit of patience! Feeling trapped can do nasty things!

Hi

I have been following your posts with interest. I am interested in learning charting and wondered which application you use?

Are you in MATD?

When I was selling off my SEA a little while back got:

an E-Mail then a call at work from my broker.

Said the FSA were looking into the trades as the NMS was 10,000 - 20,000 I had 232,000. I was selling in blocks 4-5 a day for 2 days. They said the FSA were thinking about cancelling all my trades for the 2 days.

I wish they did - I sold at a loss and bought CNT which in turn I sold at a loss!!

Would be better off with the 232,000 SEA than my current PF.

I might call my broker and say cant you put me back to SEA?

I know!..... thats when you got to manipulate the order book on L2 (is that legal??....I don't know....but everyone does it!)

You don't want to LOOK like your 'bullying' the market i.e. your your order is so large that in comparison to other traders that it dominates or swamps the order line.

Best bet is in chunks.... place a chunk at limit sell ABOVE the highest current limit and above your planned exit - this provides the buffer - and the cheese to attract the mice.....buyers will usually come in a tick or two below your sell order (trying to entice you to drop your price)...... but little do they know that your happy to fill the orders 'at market' on the stock that your NOT advertising on the order book!

This in itself can create a buying momentum on the more thinly traded stocks..... meaning that as time goes on, you may even be offloading stock at progressively higher prices.

Good tactic on the AIM!

DSGI ??????? carefull on that one mate. creative accounting?????