(re)Introducing Stock Market Alerts

Date published: Tuesday 9th of February 2016

Hi,

I'm pleased to declare that the stock market alerts section of the site is now up, running and ready to rock. There was an attempt at this last year which never quite took off, but this time I'm optimistic that it can be something super cool.

Did you catch yesterday's stock market tip? Well, if you didn't here's a reminder of what I said:

Iran has declared that they are NOT accepting US Dollars for their oil. They are, however, happy to accept Euros. So, today's trade is for the US Dollar to go DOWN against the Euro. The dollar is too high anyway. This one is a cert. Enjoy your winnings.

So, what happened? Well, in short - it was another one for the 'David was right' file. Sure enough, the Euro flew and the US Dollar had an awful day.

For what it's worth I can tell you that I chucked 20 pounds on this via William Hill and at the end of the day I picked up £87.50. Now, I know what you're thinking. It's not a lot of money, right? Well, this is true - however - my account with William Hill has been restricted and I'm only allowed to put tiny bets on. Actually, that brings me onto something which I ought to clarify:

Banned from William Hill?



I recently said on the forum that I had taken so much money from William Hill's day trading platform that they banned me from using the site. My declaration was not entirely accurate, and I'll explain the vibe for you right now.

I happen to know a couple of hard core, professional gamblers who have made (and continue to make) fortunes from various betting websites. Now, they're not day trading but they happen to have very effective systems in place for predicting football results (I may discuss their system on a future DCRN show). Anyway, the vibe is this: when somebody wins tonnes of cash from the bookies, it turns out that they don't actually ban you. After all, the person betting (and winning all the time) has not necessarily done anything wrong. Also, if somebody actually received an email saying, "you've been banned because you've been winning too much", then I suppose they could head out into the world, write a book about how they beat the bookies and attract a tonne of attention. That would, of course, be a disaster for the book makers.

Here's what happens.

When you win at the bookies over and over again, they don't actually "ban" you - strictly speaking. What they do is they restrict your account. This means, in my case, that the amount of money that I'm allowed to put down is severally limited. Shortly after the new year I was only allowed to bet a maximum of ten pence on the day trading platform. For a while, I thought I had a sneaky work around for this and I started betting loads and loads of ten pence bets. However, within minutes they wouldn't even let me bet anything at all without telling me, "you have exceeded the maximum allowed stake".

So, now you know what happens when you get "banned" from the bookies. As you can see, it's not entirely as dramatic as a "proper" ban, but it's certainly enough to bring the party to a close.

Right now I seem to be limited to 20 pounds per day. So, if I'm on form I can usually walk away with about 80 to 100 pounds by the end of the day. That's enough to keep me interested but hardly enough to be considered life changing. Nevertheless, just because my account has been restricted doesn't mean that you have. There's no reason why you couldn't just follow my own stock market alerts and be laughing at the way to the bank!

Anyway, for anyone who is interested, I get up very early in the morning and usually I'll be posting my stock market alerts before 9am London time. There are, of course, NO GUARANTEES, that I'll get it right all the time. That never happens. I'm human and I do sometimes get it wrong.

I hope some of you will find the stock market alerts useful. Oh, and my tip for the day? It's for Disney to have a great 24 hours. In 10pm tonight (London time) you'll be able to see for yourself if I was right. :)

Peace, love and vegetables,

DC

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