Jump to content

New: Knock-outs


LeoTrader

Recommended Posts

I have been self studying Financial Technical analysis for a while now. I have made some trades before the new EMSA regulations kicked in. Once the regulations were in effect, it had stopped me from continuing. I was even going to take a couple of courses to improve on my knowledge and skill at the London Academy of Trading. Then return to trading. I traded the real account in order to help me better learn to control my emotions, as real losses equalled real emotions. My losses where not losses, but investments in learning. Learning to control my emotions and much more. I also used the demo account to learn how to use tools and to figure out strategies to use. I came back to the demo and noticed this new product, which has brought back my love of wanting to learn to trade. It enables me to continue taking risks that would in return teach me something by allowing me to control my margins. Win or lose, I am getting something out of it. I have now enrolled in London Academy of Trading, as this new products gives me hope that I can now enter this industry and grow to a point that the EMSA's new regulations would not effect me as it did. So, I thank IG for coming up with such a wonderful innovative product.

I plan to come back to trading after my course and was wondering, within the next few months, would we see more assets assigned to knockout and will we be able to use tools such as Trailing Stop?

 

Link to comment
  • 1 month later...
18 minutes ago, Kodiak said:

Really missing the option to use "order to open"

(Limit orders entry and stoporder entry)

 

 

I suppose it can have something to do with the predefined knock-out level?

But why not have a knock-out level based on percent on whatever level the trade opens?

 

Link to comment

Maybe something like this?

If price is 11 566 and i want a stop order entry if price reach 11 600 

Then i type in 11 600 and also how many points (or minimum) i want to the knock-out level (and maybe a limit and a stop)

Then if i want to move the order (to open) on the chart to 11 590 then the knock-out level moves also 10 points

DAX KO 2.png

Edited by Kodiak
Link to comment
  • 3 weeks later...
  • 2 months later...

Hi all - when it comes to spread betting we have found that only a handful of clients are using the product. We have therefore taken the decision to stop offering this on spread betting.

Open positions are currently due to expire on the 01-Aug-2019, at which point any positions will be settled and we will not be listing new contracts for spread betting. 

All clients who actually use this product should have been contacted. 

Link to comment
  • 1 year later...
Guest patthekillercat
On 09/08/2018 at 21:18, JamesIG said:

Hi all - I'm glad you're finding your way around the new product. This went live yesterday on spread betting accounts yesterday around 3pm UK time. This is currently only available to UK spread bet clients. You can find more info reguarding these products here > https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/market-details/what-are-knock-outs 

As shown above expiry dates are shown on the deal ticket here. These are presented in a MONTH-YEAR format so Aug-19 will be 1st August 2019 (not August 19th). You can find out more information via the 'info' section (as discussed above) along with settlement criteria if you hold until the point of expiry as quoted in the deal ticket. 

2018-08-09 14_12_31-IG Trading Platform _ Spread Betting.png

Any comments, questions, or feedback notes warmly received. 

Best
James

 

Link to comment
Guest patthekillercat

Hey IG Contributors,

 

is there any way you guys can reduce the knock-out levels???? On my first trade, I was able to select one that was 10-15points away from the current price, which was great. However, on a consecutive trade, it was miles away (150-200 points) and it wouldn't let me move it, which, lets be honest, makes the instrument useless and basically becomes just another simple CFD with a stop-loss (less the margin of course).

Also, it might be helpful if you guys could adjust/fix your javascript to automatically update the available knock-out levels as this appears to be broken at the moment (you have to close the ticket and restart the process to get updated levels if the underlaying price moves)

 

Looking forward to your response 

Link to comment

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
Reply to this topic...

×   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
      16,036
    • Total Posts
      76,849
    • Total Members
      63,997
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    wojciechbd
    Joined 22/09/21 19:02
  • Posts

    • You are a total Richard lol.  What a waste of space you are. Go play with your dolls you Troll!
    • NOT TODAY MOTHERF*&^%R !!!  Today was a good day ! No not just  trading-wise but in general. At the pharmacy,  we had  severe staff shortages , it was all available hands on deck for 10 hours straight !  Our focus was getting all the necessary work done to push the business forward and achieve our retail  health service targets and we blew it out of the water!  Focus is a very powerful tool. Being able to ignore the noise and zero in on what is important has served me very well today.  Yesterday I posted this on twitter      It is one of the many tools I use daily when analysing the markets for opportunities. Understanding this dynamic served me very well today even in the midst of the #Evergrande and UK #Energy crisis, I was able to tune out the noise and focus on what the market was actually saying. After 6 solid months of getting my head down to fine tune my process and learn new ways of thinking about markets, Things are starting to look much clearer. But , thats in the past.  Now that we have had the "bounce", now what ???? Well, after Jerome's shindig today, it is quite evident that he doesn't want to tighten policy into an economic slowdown. Where does that leave us ???? I don't know.  But what I do know is that I am observing the same occurrences across major macro assets....i.e. returns are approaching the top end of their respective ranges. This means .....DO NOT CHASE !! We are still in the midst of a slowdown in industrial production with input prices rising like there is no tomorrow. Here are the returns of the SP500 as of close today.    And the FTSE     The DOW       I dunno about you but...... the risk reward is not worth it from here. I suspect,  it is  likely we experience some deceleration in returns from here. How far ? I dunno.  Perhaps we saw the early stages of that by close today? Time will tell. What I can do for now is do what the math says and reduce some risk. Kai from https://www.macrotechnicals.com/   has also made some interesting observations in the US 10yr rate. In his recent post he wrote  " However, US 10s yields keep pushing upwards and testing 1.35/1.38 zone. Ok, NFIB, NY empire, Philly Fed all saw a positive rebound. Or the market is playing a new reflation theme/ super taper expectations ?" .      I think he has a point here.  In rate of change terms, the global economy could reaccelerate between Q4 2021 to Q2 2022. Given that there is potentially a new stimulus package in the works . Also, throw in the likelihood of the CCP stepping in to save the Chinese economy from a potentially precarious position ( Evergrande etc)   Perhaps  the treasury market is picking this up now ?? It is worth keeping an eye on for sure. Check out his full post. The man knows his stuff. I was lucky and fortunate enough to pick his brains a few months ago when trying to fine tune my process check him out or reach out to him on twitter on  https://twitter.com/MacroTechnicals.  Thats all my brain can muster for now I've had two double gins hehe . It's another brutal day at the pharmacy tomorrow but I am sure my team and I will smash it. Gotta get some sleep. Take care guys... l8trz!! CA   PS;  If you guys like gin you need to try Hendricks...... phoar... that **** is good!! Oh and don't forget to get a flu jab !! If you are over 50,  its free!!  
    • Oh 'The Great Reset' is back to the table.  Have you run out of Covid related propaganda that you are now linking everything to an evil master plan to control us in darkness? Well, you have done it before, so I believe you are doing the same now. The end is near... Prepare your tin foil hats.   Davos' boys had everything planned for two years and everything was part of a diabolical plan that will lead us to the abysm.
×
×
  • Create New...