Jump to content

Trading GME? Frustrated? You need to watch this.


Guest education

Recommended Posts

people moaning about margin changes 720 views, 35 replies 

people moaning about 'IG is manipulating the markets' hundreds of views, over a hundred replies 

post actually telling people why all this is happening .... zero replies or discussion

 

says it all really.

Link to comment

hahaha, who posted this? you're spoiling all the fun, not that anyone wants to listen of course.

Broker firm Webull CEO explains actually what's happening;

- The clearing firms have stopped the trading, they don't have the capital to carry on even after raising broker deposits. Brokers are totally reliant on clearing firms.

- The clearing firms have raised margin for brokers using them to 100%, the brokers have to pass that onto their clients.

 

Link to comment

Now let's talk again about those "technical issues". Those that happened at the very same time all across the world in multiple countries and to multiple companies. My guess is that all of those brokers had to go through the same clearing firms/liquidity providers. 

It looks like a switch off button.

Better to have "login problems" than having to disable every single market that doesn't have proper liquidity available. 

I believe these clearing firms do not discriminate per market and they just stop providing a service for a period of time, the very same time these brokers had to stop providing a service. Because after all, why would you allow customers to login if they can't do anything.

Thank you for posting the video, it will help many to understand what is going on, including me. 

  • Like 2
Link to comment

My impression was that it was very market specific, IG are only listing 2 companies for restrictions and the notifications seemed to come later than the login issues.

On both days the login went down around half an hour after the US open and when you would expect a pile in if the stock was going up right from the off.

As I've posted before the calling a halt to opening new positions is not new, happened all the time during the ramp up in bitcoin in 2017, there weren't any automatic accompanying login issues and IG didn't seem to give a hoot about the complaints, it was what it was.

  • Like 1
Link to comment
Guest PhilPhilPhil
2 hours ago, Caseynotes said:

My impression was that it was very market specific, IG are only listing 2 companies for restrictions and the notifications seemed to come later than the login issues.

On both days the login went down around half an hour after the US open and when you would expect a pile in if the stock was going up right from the off.

As I've posted before the calling a halt to opening new positions is not new, happened all the time during the ramp up in bitcoin in 2017, there weren't any automatic accompanying login issues and IG didn't seem to give a hoot about the complaints, it was what it was.

agree.

there are lots of other stocks which significant short interest. 

no restrictions on that if thats the trade you want to make.

Link to comment

IG is doing a margin call on long positions; ok I get that cuz its too volatile; but to do all this by 4pm Feb 1 GMT?

At the same time new open position is limited, therefore, retail traders cant buy the shares long-cover-players dispensed out from other retail/semi-retail-pros.

I am having a difficult time finding out where these long-covers' shares will go to.

Yes, we now know who you work for; taking my money across the road to HL

 

Edited by DiamondHandWannaBe
Link to comment
  • 3 weeks later...
  • 2 weeks later...

They removed the warning sign on GME about trades being 'closing only'. Did anyone else get tricked into thinking trading was now available?

I did, and I exited my GME trade to take profit and get in at a lower price, only to be locked out of the trade still.

Disgusting and deceitful.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Dopamine emerges as a beacon of innovation in the world of cryptocurrency management, offering a non-custodial, secure, and anonymous mobile app wallet. With over two million downloads and a robust user base, Dopamine is reshaping the landscape of decentralized finance (DeFi) on both Android and iOS platforms. Let's delve into the features and functionalities that make Dopamine a must-have tool for navigating the cryptocurrency market. Key Features: 1. Comprehensive Portfolio Tracking: Dopamine's native token, $DOPE, empowers users to monitor their favorite projects from a vast collection of over 10,000 coins, ensuring informed decision-making in the dynamic crypto market. 2. Enhanced Security Measures: With built-in Anti-Money Laundering services, Dopamine enables users to safeguard their assets by identifying potential fraud and assessing risk scores associated with their wallets. 3. Real-Time Market Insights: Stay ahead of the curve with Dopamine's ability to track market trends and identify coins making significant moves, ensuring users remain informed and proactive in their investment strategies. 4. Cross-Chain NFT Transactions: Seamlessly send and receive NFTs across various blockchains, including Ethereum, BSC, Fusion, and more, providing users with unparalleled flexibility and interoperability. 5. Efficient Information Management: Dopamine simplifies data management by allowing users to save essential information and access it instantly, streamlining their crypto journey with convenience and ease. 6. Convenient Fiat On-Ramp: Facilitating seamless transactions, Dopamine enables users to buy crypto directly from their credit or debit card within the app, eliminating the need for multiple platforms and intermediaries. 7. DeFi Gaming Integration: Dive into the exciting world of decentralized finance gaming with Dopamine, offering users access to a diverse range of DeFi games directly from the app, adding a touch of entertainment to their crypto experience. With its innovative features, commitment to user empowerment and upcoming listing on Bitget exchange, Dopamine stands as a revolutionary platform that caters to the diverse needs of cryptocurrency enthusiasts. As the cryptocurrency market continues to evolve, It remains at the forefront, providing users with a secure, versatile, and intuitive solution for managing their digital assets and exploring new horizons in decentralized finance.
    • Name of stock: Adventus Mining Name of Stock Exchange: TSX Leverage or Share dealing: Share dealing Ticker: ADZN Country of stock: Canada
×
×
  • Create New...
us