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 Malcolm Robinson
 
Trading Room Transcript Thursday Nov 8th

Here is the room transcript form Thursday, I have removed the full names of the members to protect their identity. Most of my communication in the room is verbal, but I type in each trade. This is a good day to offer the transcropt as it was short and sweet!

[8:23]-JT:Good Day everyone..
[8:24]-SM:hello everyone
[8:24]-RW:Good Morning everyone
[8:24]-JR:MOrning morning...
[8:27]-Malcolm Robinson:sounds not coming through...
[8:28]-JT:Not for me Malcolm
[8:28]-SM:no yet
[8:28]-JT:Should we all log back in?
[8:29]-SM:yes
[8:29]-JT:YeS!
[8:29]-JR:Loud and clear
[8:30]-Malcolm Robinson:John can you not hear?
[8:30]-JT:Malcolm...all fine tks
[8:30]-Malcolm Robinson:Great
[8:45]-JT:Lots of selling
[8:47]-JT:78?
[8:49]-Malcolm Robinson:L 1477.25
[8:49]-Malcolm Robinson:stop 73.25
[8:59]-Malcolm Robinson:exit 1480
[9:08]-Malcolm Robinson:L 1474.75
[9:08]-Malcolm Robinson:stop 71.50
[9:09]-Malcolm Robinson:exit 78
[9:09]-JT:Great calls Malcolm....perhaps we should call it a day now?
[9:10]-JR:good one John :))
[9:10]-SM:we cant do that, we may have losing next day, who is going to pay for that?
[9:11]-JT:Sanjiv....Yes but your next trade may be a losing one
[9:12]-JT:It's all about your Trading Rules...for myself if I get 2 good trades I step aside and let someone else have a go
[9:12]-JT:Never overtrade is my Rule
[9:12]-JT:3 losing trades and I shut shop
[9:13]-JT:there is always tomorrow
[9:13]-JT:market is always available
[9:13]-SM:is that three in a row, John?
[9:14]-JT:Yes Sanjiv and it happens
[9:14]-JT:I want to be able to stay i nthe game and get better at what I do
[9:14]-JR::))
[9:21]-JR:for my learning curve, that spike at 9:18 is a lot big buy orders coming in together, right?
[9:24]-JR:in the same sense, you were quite bullish earlier in the week, why so?
[9:25]-SM:that is why indicators dont work as they are showing historical view
[9:28]-SM:would a squak box help - the noise in the pit?
[9:29]-JR:tension is lees because we have a range?
[9:29]-JT:Except Dow tends to move just behind S&P
[9:29]-JT:thats why they use it
[9:29]-JT:they think it gives them an edge
[9:33]-JT:Very common (losing in pm session) Malcolm, hence my Rule of a couple of good trades and if I have met my Daily Goal I am off
[9:34]-JT:On that note...bye everyone and see u next Monday? Tks Malcolm have a good w/nd everyone
[9:34]-SM:bye John
[9:34]-JR:Good bye John, nice tips
[9:36]-SM:Lee J. has gone, does that mean a good days work again!
[9:40]-RW:no but im up 5pts and i done
[9:41]-SM:that matched the 5 min
[9:41]-RW:I do find tading to be very stressfull I have a headache after about 2hrs
[9:42]-SM:when they match, is that a good indictor for a larger move
[9:45]-JR:will you be switching to Ninja or will you keep both, TS & Ninja?
[9:45]-RW:can you use ninja with esignal data and IB platform?
[9:45]-SM:i have a free version of NT, my broker supports it so i may get a live feed from them
[9:45]-JR:I mean in terms of broadcasting?
[9:48]-JR:I'm looking to get out of TS, but not sure where to yet...
[9:49]-JR:who?
[9:50]-JR:your voice was braking up...
[9:50]-JR:ok, tks
[9:50]-JR:appreciate it
[9:51]-SM:do you know of any good UK FSA regulated brokers?
[9:52]-SM:i trade through my SIPP, self invested personal pension
[9:53]-SM:i cant use those, i have looked at them they are very very good
[9:54]-JR:what are the commissions like on Mirus?
[9:55]-JR:must have been Monday, when I wasn't around...
[9:55]-JR:missed her...
[9:55]-JR:Edie?
[9:57]-SM:yes yes yes ..., have a good weekend
[9:57]-JR:I'm good, tks again - we'll see you Monday
[9:58]-JR::))
[9:58]-SM:bye all, have a great weekend spending all that dosh