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[LOCKED] New around here?


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We've seen a lot of new members join recently so why not introduce yourself below! I'm Dan and I'm the Community manager. It's my job to ensure things run smoothly, and we also have a team of moderators on hand to help.

 

Let me know with a post below what markets you're interested in, what you trade and how you trade it.

 

Welcome to IG Community!

 

This thread is now locked due to its length of time in use. For introductions please visit the new intro thread.

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Hi Dan 

 

While I'm not a recent member, I thought I'd reply - if I was a new member I'd like to know the existing members - plus I'd presonally like to know some of the older members better.

 

I trade the ASX, primarily using binaries, a day trader, trade full-time.  My own ideas, my own account.  Live in Australia. 

Cheers.

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Hi Dan,

 

In the same spirit as zero, I'm new here and consider myself a novice trader. I use the Elliott Wave principle to determine any trading decision and use IG's platform to spreadbet.

 

I spend a lot of time analysing and labelling charts and, if I have a wave count I'm confident in , I'll trade , whatever it is. However my main focus recently has been GOLD, SILVER OIL and EUR/USD . I'm based in Surrey, UK.

 

I like this forum although it would benefit from more contributors. Early days though eh?

 

Looking forward to sharing and gaining more knowledge this year and wishing good luck to all  

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Hi - I'm hughie. I am retired and trade FTSE and DAX for a hobby with mixed results. I have to say it is quiet here compared to other boards! Hopefully participation will increase with some interesting topics.

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Hi all. My name is Chiraag and I am relatively new to trading. I spread bet primarily on commodities such as Gold and Oil on a short term/intraday basis. I occassionally trade blue chip and mid cap stocks if an opportunity arises. I look forward to learning about other member's strategies and learnings.

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Hi my name is T.  I have been trading for the last 3 years.  Mainly on equities and Forex.  The advice I can give is capital presevation and Patience.  I use a few tools to determine which shares to deal with but am cautious to research the financials of the company and how their shares have done over the last 5 years.  I tend to look at the 'defensive' sector shares and try to stay away from the high volitility (mining) shares.

 

Please reach out toi me as I have a few questions for your guys

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Hi Dan

My name is Sarb. I trade on spread betting, mainly forex. I also have a share dealing account and a shares ISA through which I trade predominantly UK equities.

I have some experience of working with Equities and fixed Income at an Investment bank. And have recently been able to focus full time on trading.

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Hi Dan,

 

It's almost a year now since i started using online platforms for trading. I have been looking at the markets long time before so i decided to dive in and that's exactly what i did. At the moment i believe i have reached the bottom and my equity curve stopped falling. I tried multiple markets but i am mainly focusing on the FTSE short and medium term. My strategy is not far from profitable, i believe it just needs time and lots of self education.

All of this while working a full time job in the oil industry in Aberdeen.

 

Cheers,
Radu

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Hi to all,

I'm Dave and trade mainly shares, tend to stick with FTSE 350 as I find good volume oportunity trades in this market. Been trading for around last four years in my spare time with mixed results, Trade my own rules and plan and use the sharescope/sharepad platform for my research. Did trade forex early on but did not work for me so stick with shares. 

 

DaveM

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Hiya Dan, I manage my own and our family ISA and SIPP portfolios. So, I am basically an investor not really a spread-better but I do take oaccsional bets on SP%00, Ndx, Dax, Dow and of late UK mining sector. I find IG range of instruments, ProReal Charts and its List feature the best available among the providers. I have been with IG for last 6-7 years. 

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Hi all,

 

Thanks for taking the time to introduce yourself, it’s great to see so many new faces here!

 

If you have any suggestions on what you’d like to see in the Community, or what could make it better please do let us know! We’ve had a few suggestions already, and we’ll try and take as much on board as possible, to make this the best space for all involved!

 

Dan

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Hi Dan, hi everyone,

 

I'm also Dan... I'm very new to trading, having spent my career to date as a helicopter pilot.

 

Having dabbled with stocks, I've recently started trading the FTSE100 and GBP/USD - I'm trying to find my niche, so at present I'm experimenting with scalping/day trading/swing trading, using mostly technical analysis with an awarenss of the fundamentals & market sentiment. I'm also trying out options strategies, based upon the underlying's volatility.

 

I can afford to be experimental as I have recently switched to a demo account whilst I build my knowledge and experience - as I'd like to move into trading full time in a couple of years time.

 

I'm British, but currently living in Italy.

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Hello Everyone,

 

I am pretty new to trading; have been trading since last 6 months. I live in Berkshire, UK and am an IT professional. I trade FTSE100 only with 5 min timeframe. Trading style is S/R + Candle Patterns + 5 Mins timeframe. Eager to contribute and learn.

 

Regards

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Hi

 

I've been playing with SB on Forex for about a year now, on and off. I've found I'm very good at letting losses run and closing winning trades too early, :smileysad: but found that the best way for me is to set a trade and then not watch it. :smileyhappy:

 

I've had some success recently with the Signals in IG so going to explore that a bit more. Would be interest to know the success people have had with that approach.

 

 

 

 

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    • Yes. IG does trade against retail traders. IG also has a lot of institutional traders. If your are trading low volume stock or Singapore CFD equities, the dealing desk will manually lock your order for a good 30 seconds so that you cannot delete nor change the order price level for the 30 seconds when they there is another bigger clients want to unload.  I have been locked this way as many ast 4 times in the past and cost over SG$10,000 loss. When I called IG, it said the dealing desk manually lock my orders with an excuse they are putting my order on hold so that they hedge it on the Exchange. In the first place I trade CFD and CFD is internal market within IG environment and our trade does not affect the market. It is highly irresponsible to lock our order. My complaints to IG for compensation via calls and emails all went without any positive response and the replies from them are as stated above. CFD market is internal market and our order should not be touched by dealing desk at all time even if there is no liquidity to fill our order then our order should just be left unfilled. At no time our order should never be locked by Dealing desk. To me this is day light robbery. Secondly, IG has deployed internal algorithm to hunt your hard stop losses and also filled in your limit order with a spike to the dot before immediately move in the opposite direction big time. Thirdly, some time IG platform will freeze and unable to re-login back when you are in a trade. This made it extremely dangerous when we cannot see the price action on the chart. This had happened to me a few times. Fourthly, nowadays even if your platform freeze or has other problem on your trade, call to their dealing desk during US market opens 100% of the time no support or dealing desk will pick your calls. My phone was kept ringing for 30mins or more and many different days. This is again does not speak well of the kind of support IG gave clients. The only attraction I use IG is the ease of use of their trading platform. These kind of  underhand tactics above are played out in IG on daily basis which made our day trading very difficult to win. It is very visible if your trade the small time frame how IG's manipulations are done.     The above comes from someone who trade daily with IG for the past 3 years. I am even considering to stop trading through IG because of the above under hand tactics. Sometimes     
    • Does IG aim to profit from client losses? No. Our business model is based on providing individuals with the opportunity to trade the world’s financial markets, in exchange for fair and proportionate transaction fees. It's a well-known fact that trading successfully is difficult, and most speculative traders tend to lose. However, we do not typically benefit from trading losses that an unsuccessful client may experience. Mostly, our clients offset each other’s positions. For example if client A buys one lot of the DAX and client B sells one lot of the DAX, both sides of the trade are covered. This means we're not exposed to the profit or loss of either client. Instead, we make our money via the spread (i.e. the transaction fee) that each client pays to trade. Sometimes, a large majority of clients will trade in one direction. When this happens, we'll protect our exposure to risk by hedging in the underlying market. For example, if client A and client B both buy the DAX, we may buy actual DAX futures. This then covers the amount we'll pay out if both clients are successful.
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