UK General Election **June 8th**

Betfair trading & Punting on politics. Be aware there is a lot of off topic discussion in this group centred on Political views.
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LeTiss
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I strongly believe, that this is the reason why we have seen a rise of Right-Wing and populist politics in recent years. People have had a bloody gutful of central liberal politicians stopping us from venting our rage at such atrocities. Their insistence on political correctness is gagging people, and all they are doing is actually protecting the terrorists, because the radicalised individuals are being firewalled by our tolerence.

It's time we grew a pair
cybernet69

LeTiss wrote:
Tue May 23, 2017 11:15 am
I strongly believe, that this is the reason why we have seen a rise of Right-Wing and populist politics in recent years. People have had a bloody gutful of central liberal politicians stopping us from venting our rage at such atrocities. Their insistence on political correctness is gagging people, and all they are doing is actually protecting the terrorists, because the radicalised individuals are being firewalled by our tolerence.

It's time we grew a pair
Well said.
max_usted
Posts: 133
Joined: Tue Feb 14, 2017 6:07 pm

LeTiss wrote:
Tue May 23, 2017 11:15 am
I strongly believe, that this is the reason why we have seen a rise of Right-Wing and populist politics in recent years. People have had a bloody gutful of central liberal politicians stopping us from venting our rage at such atrocities. Their insistence on political correctness is gagging people, and all they are doing is actually protecting the terrorists, because the radicalised individuals are being firewalled by our tolerence.

It's time we grew a pair
Totally agree - what with mass migration, it's almost as if these pc politicians are following a blueprint for turning a country into angry ethnic factions in ultra fast time
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ShaunWhite
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Any normal person is digusted by this. Remember though that this happens on an almost daily basis in Iraq, Syria and Afganistan, yet that rarely gets as much as a mention. The reasons behind this are extraordinarily complex. This week Trump sold 110 Billion dollars worth of arms to Saudi Arabia, and nobody on here said a word about it.

It's not a time for cheap local political point scoring even though we all naturally want to find someone to blame. Our unity and our intellect is our biggest strength.
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jimibt
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Don't want to raise any false alarm bells here (and I hope i am completely wrong).

My wife teaches and studies the subject of (counter) radicalism and is slightly concerned by a quote that she found on the latest IS magazine (yes, they actually produce a glossy brochure type magazine which is freely available on the normal web). In the latest version of the magazine they spoke the usual rubbish about using whatever means possible to cause terror and harm but extended it to making mention of using highly populated events to create havoc by both the use of suicide bombers and also by taking hostages. I'm not suggesting that the unaccounted persons from MAN have falling victim to this outcome, but it's a frightening scenario to envisage and one that could easily be used when random acts of *kindness* are being offered by strangers.

Thoughts with all who are injured, missing and touched by these horrific events.
max_usted
Posts: 133
Joined: Tue Feb 14, 2017 6:07 pm

ShaunWhite wrote:
Tue May 23, 2017 3:09 pm
Any normal person is digusted by this. Remember though that this happens on an almost daily basis in Iraq, Syria and Afganistan, yet that rarely gets as much as a mention. The reasons behind this are extraordinarily complex. This week Trump sold 110 Billion dollars worth of arms to Saudi Arabia, and nobody on here said a word about it.

It's not a time for cheap local political point scoring even though we all naturally want to find someone to blame. Our unity and our intellect is our biggest strength.
Great post and agree with much but, referring to your last line, we keep on being told by our dear leaders that "our diversity is our greatest strength" - diversity surely being opposite to unity
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ShaunWhite
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max_usted wrote:
Tue May 23, 2017 4:04 pm
ShaunWhite wrote:
Tue May 23, 2017 3:09 pm
Any normal person is digusted by this. Remember though that this happens on an almost daily basis in Iraq, Syria and Afganistan, yet that rarely gets as much as a mention. The reasons behind this are extraordinarily complex. This week Trump sold 110 Billion dollars worth of arms to Saudi Arabia, and nobody on here said a word about it.

It's not a time for cheap local political point scoring even though we all naturally want to find someone to blame. Our unity and our intellect is our biggest strength.
Great post and agree with much but, referring to your last line, we keep on being told by our dear leaders that "our diversity is our greatest strength" - diversity surely being opposite to unity
Thank you max_usted, and I agree with you too. Diversity only works if everyone shares common goals and mutual respect, the US is a prime example, all kinds of people who want to live the same way. Where you get people living closly together who have different objectives, trouble isn't far away.

When I made my first posting suggesting to sell May, I put a v large back bet on the Con Majority at 1.15... knowing it would be 1.1 by the morning and easy money. 15mins later I closed out for scratch because profiting from this crossed my moral boundaries. Am I alone in feeling this way?
Jukebox
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Joined: Thu Sep 06, 2012 8:07 pm

I'm sure that all successful investors review the news and think about how it will effect their stocks, what to buy or sell - they just don't announce them on forums especially the maccabre ones. I'm sure insurance and entertainment holdings were scrutinised the moment the news was out.
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ruthlessimon
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ShaunWhite wrote:
Tue May 23, 2017 3:09 pm
I closed out for scratch because profiting from this crossed my moral boundaries. Am I alone in feeling this way?
I think you'll struggle big time as a trader if you are constantly weighing up the morality of a position. We need to be cold & clinical.

Your actions have provided an opportunity to someone impartial
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

ShaunWhite wrote:
Tue May 23, 2017 4:52 pm
When I made my first posting suggesting to sell May, I put a v large back bet on the Con Majority at 1.15... knowing it would be 1.1 by the morning and easy money. 15mins later I closed out for scratch because profiting from this crossed my moral boundaries. Am I alone in feeling this way?
Nothing wrong with having morals, moralising on the other hand is a different matter.
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ShaunWhite
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ruthlessimon wrote:
Tue May 23, 2017 5:17 pm
ShaunWhite wrote:
Tue May 23, 2017 3:09 pm
I closed out for scratch because profiting from this crossed my moral boundaries. Am I alone in feeling this way?
I think you'll struggle big time as a trader if you are constantly weighing up the morality of a position. We need to be cold & clinical.

Your actions have provided an opportunity to someone impartial
You're wrong, there's no morality in sport trading for me to worry about but we all have our lines in the sand simon. I had many years in the city so I'm no stranger to the moral maze and I did well enough using my own compass.

I'm not a cold & clinical person and I'd have to be living in a cardboard box before I'd change that. Money is really not that important to me even though I'm far from being a rich man. A grand here and there isn't going to change my life, so if this particular one has been snapped up by you, then well done you lean mean dangerous trading machine ;)
Jukebox
Posts: 1576
Joined: Thu Sep 06, 2012 8:07 pm

ShaunWhite wrote:
Tue May 23, 2017 12:51 am
Manchester bomb : Sell May

No details yet so not sure how much effect it will have
! ! !
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SeaHorseRacing
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I still cannot believe what happened last night sick bastards! When is someone going to step and do something!
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ShaunWhite
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Jukebox wrote:
Tue May 23, 2017 6:23 pm
ShaunWhite wrote:
Tue May 23, 2017 12:51 am
Manchester bomb : Sell May

No details yet so not sure how much effect it will have
! ! !
Why the "!!!" s. Are you suggesting hypocracy?

I said I decided not to profit from it myself even though my first instinct was to take a substantial position. I have no issues whatsoever with anyone here who wanted to trade this news, and my initial post which you quote, was a heads-up for anyone here who might have wanted to. It was made at a time when the news were still speculating whether or not it was a bomb or just panic from a large balloon bursting!

This thread is about trading info affecting the election and my posting was exactly that.

As it happens, for anyone here who is new to trading newsflow and many are, it was meant as a nice little zero risk tip which has actually made about 6.5% , mostly because the dreadful details were even worse than I feared.
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LeTiss
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Don't worry about it Shaun, I fully understand that the events had an impact on the markets yesterday, so you were absolutely right, even if our actual politics and our vision how we eradicate the problem is somewhat different.

I became enraged yesterday though at some of the comments by hardline Labour supporters. 22 kids get murdered at a concert, and they seemed more angry that the Tories will benefit from it, as opposed to being sad for the lost souls.
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