Jump to content
  • 0

IS Day Trading feasible on IG ?


Seanogey

Question

I have stopeed using a US Broker and moved to IG.  For Forex and Equity Swing trades the platform seems fine.  However with recent volitility on shares premarket I've tried to trade and the platform dosnt let me trade premarket.   IS ther some option to enable this at an additional cost ?

Even after the bell it is difficult to trade dips without hot keys .  IS there an alternative WIndows based platform with hotkeys available ?

Sean

 

Link to post

1 answer to this question

Recommended Posts

  • 0
On 18/06/2020 at 21:22, Seanogey said:

I have stopeed using a US Broker and moved to IG.  For Forex and Equity Swing trades the platform seems fine.  However with recent volitility on shares premarket I've tried to trade and the platform dosnt let me trade premarket.   IS ther some option to enable this at an additional cost ?

Even after the bell it is difficult to trade dips without hot keys .  IS there an alternative WIndows based platform with hotkeys available ?

I use ProRealTime, much better  than the web platform in myview. It's a bit 'French' in that nothing is in the obvious place and seems like its old technology that has just been patched up for a decade now  . 

Its clunky but works

Further if you want to day trade on IG, its a hard task. The spreads on SB are just too high and you can only do very liquid stocks FX or commodities, You often  need fast movers / e.g. silver . I found reducing risk / reward down and getting hit rate higher is a better strategy. 

I somethings trade using share dealing account but can only go long, tighter spreads and no leverage but possible to make money. HOWEVER , the FX spread IG charge and if you get an Adverse FX movement, itr can wipe out a potentially profitable trade  

In essence you are looking for big movers, scalping forget it

 

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,185
    • Total Posts
      73,296
    • Total Members
      61,661
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    Petstop
    Joined 16/05/21 01:16
  • Posts

    • Hi, I'm fairly new to the community and I've started out looking into stocks I'm familiar with. One of these is Standard Life Aberdeen PLC (LON: SLA). In the screenshot below you can a general (albeitvery gradual) uptrend on the Daily chart since late-March 2020 which I've highlighted in Green. However, since mid-February 2021 there has been an intra-trend move downwards (highlighted in Red) and these points look set to cross in the coming days. Daily Chart Thoughts My natural bias is towards being bullish on this stock. But I'm waiting to see how the shareprice behaves over the next week. So I'm interested to see what other think on this stock and if there are other factors you think are important to consider?   Have a good weekend anyway folks.
    • process check , mike check , paycheque..... I actually missed this move ... 😅 .... Very hard trying to juggle a 50plus hour week and trading ..... any way here is the follow up from my post on the FTSE from  11-05-2021👇     With the greatest respect to IG INDEX , it's not time to be bearish .... not yet at least..... Here is what the FTSE did a few days later.........  
    • Yeah........ so that happened ...
×
×
  • Create New...