Jump to content
  • 0

Guarantee Stop change


JacFlowTrade

Question

4 answers to this question

Recommended Posts

  • 0
1 hour ago, JacFlowTrade said:

Hi Guys 

I have started new training and implementing their strategies. I would manually like to manage my risk according to the strategy and not use the guarantee stop that IG platform is implementing. How do I change or switch this option off?

Hi @JacFlowTrade,

You most likely have a limited risk account at the moment that requires you to attach a Guaranteed stop to your positions.
Once you have traded a bit longer with IG you will be eligible for a standard account( meaning no need to attach guaranteed stops) .

If you need further information, please reach out to helpdesk.au@ig.com.

All the best - Arvin
 

Link to comment
  • 0

This makes no sense to me as I want to reduce my risk on some trades but it won't let me.  This is really frustrating trading a well managed strategy and really does not put risk reward in my favour. I have been trading with IG for nearly a year surly that should be enough with a demo and live account. If I can't get a normal account I will sadly have to get another broker which is not ideal but at least I can managed my risk more effectively which is ultimately the name of the game. 

Hope we can sort this out. 

Link to comment
  • 0
23 hours ago, JacFlowTrade said:

This makes no sense to me as I want to reduce my risk on some trades but it won't let me.  This is really frustrating trading a well managed strategy and really does not put risk reward in my favour. I have been trading with IG for nearly a year surly that should be enough with a demo and live account. If I can't get a normal account I will sadly have to get another broker which is not ideal but at least I can managed my risk more effectively which is ultimately the name of the game. 

Hope we can sort this out. 

Hi @JacFlowTrade,

I will send you an email with further information.

Thank you - Arvin

Link to comment
  • 0
On 11/08/2021 at 11:21, JacFlowTrade said:

This makes no sense to me as I want to reduce my risk on some trades but it won't let me.  This is really frustrating trading a well managed strategy and really does not put risk reward in my favour. I have been trading with IG for nearly a year surly that should be enough with a demo and live account. If I can't get a normal account I will sadly have to get another broker which is not ideal but at least I can managed my risk more effectively which is ultimately the name of the game. 

Hope we can sort this out. 

Hi @JacFlowTrade,

It should be all sorted now, and you should be able to force open positions ( opposite directions).

All the best - Arvin

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
  • General Statistics

    • Total Topics
      23,569
    • Total Posts
      96,877
    • Total Members
      44,142
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    James82
    Joined 29/11/23 17:02
  • Posts

    • Investing in crypto could be challenging especially the Fear of Missing out Lambo. This mostly affect traders trading strategy and ideology. Predicting the right time to buy is always cumbersome and that is why many analyst advise DCA because it curtails FOMO and gives you a long-term crypto trading mentality. In crypto Dollar Cost Averaging involves investing the same amount of money in a target token at regular intervals over a certain period of time, regardless of price. This will help to control volatility on your portfolios and minimize FOMO For example when you decide to invest $100 on a token and invest $10 daily or weekly or monthly till you fulfilled you $100 target investment on the token irrespective of the price of the token. This strategy helps a crypto trader to build his portfolio over the long term thereby he/she is not bothered by short-term volatility in the broader markets. This strategy mostly favours low-budget traders in building a strong portfolio but the problem most normally encounter is exchange minimum trading amount. One analyst advised on how to mitigate this was to accumulate on exchange that has lower trading fees and later send to where you desire to hold. He also noted that some of this exchanges are good in listing good projects for you to be among the early birds. Do you think DCA is the best method to accumulate token and which exchange offers the lowest tradeable balance and trading fees?
    • DXY   now wait for confirmation or rejection 
    • Messi has written his name in the sands of time. I dare say he is immortal, he has challenged and excelled all limits to the point he is now the new limit. This partnership is GOATED cos it has brought more exposure for the exchange considering MESSI's popularity.    
×
×
  • Create New...
us