Monday, 20 August 2007

US Markets - ARGH!

Argh! Really annoying! I just lost a chunk of cash. I was attempting to do a couple of trades on the US markets, as I got home too late to do any UK ones (that's annoying too). I had a few minutes left, according to the posted start time and I had just entered a back which had been matched when the market suspended. Unlike the UK markets, you don't usually get to go in-play, so that was that. I had inadvertently backed a horse, which then went on to lose. So, several lessons learnt there!

The US markets are just so illiquid, that the only chance you get to use them is much closer to the off, which opens up the danger of getting caught with an open trade. I'm not sure what I'm going to be able to do, as the earliest I can trade is around 8pm during the week right now. I guess I'm going to have to look around for some other markets to trade. Any recommendations?


Anonymous said...

US markets are a waste of time for trading , the informed money only comes in right at the last moment, Football is the only worthwhile suggestion , Richard !!! cheers stan.

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