Jump to content

New: Knock-outs


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 post
  • 1 month later...
  • Replies 131
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Hi,  It's great to see this new way to trade (bet on) the markets with reduced margin (akin to pre-ESMA leverage restrictions). I'm sure many will find this a useful feature, however, as an intra

It’s certainly a bit of getting used to on these knock outs! It’s a new product and altho I know and can get my head around regular options this new knock out does take a little getting used to!! Keep

Great question @Trader126 I wanted to add that we are looking at introducing a non guaranteed stop option over and above the KO (kick out which is guaranteed) level. In other words, this means yo

Posted Images

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 post

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 post
  • 3 weeks later...
  • 2 months later...
18 hours ago, mbb1983 said:

Knock-out no longer available to place orders: 

Closing only: Market unavailable to open

 

Yes, this came up last week, the query didn't get a response but it appears that KO's are being laid to rest, or KO'd if you will.

  • Great! 1
Link to post

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 post
  • 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 post
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 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
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
      15,135
    • Total Posts
      73,155
    • Total Members
      61,476
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    IvanSoh
    Joined 07/05/21 16:26
  • Posts

    • Yeah i'm talking about trading.  I think what i'm trying to figure out is how i'd fair in a crash given you don't really know its happened until its happened.  I suspect i would lose money initially but then should be able to turn it around, assuming the market recovers of course.  There are also whole years where markets go into reverse trends and again i guess i could trade those but its easier to see that's what's happening once it been and gone, at the time you might always be looking for the market to turn upwards and it keeps trending downwards.
    • The answer depends a lot on your personal circumstances, time horizons, whether you're trading for fun / extra cash or to make a living etc. If you're a long-term investor and have confidence in the quality of your holdings, then a bear market (defined as a 20% drop from the highs) is usually a great opportunity to top-up (personally I would do this by drip-feeding into the market slowly as it's impossible to be sure when a bottom has been reached). If you're a trader then market crashes and the associated volatility usually throw up lots of good trading opportunities but easy to get burnt if you don't know what you're doing. I always think of crashes / bear markets in this way...as scary as they can be, they're actually (eventually!) the beginning of the next bull market, as the Covid crash of March 20 proved to be most recently - best buying opportunity in many years. As you're relatively new to trading I would highly recommend reading 'The Disciplined Trader' by Mark Douglas. Expensive to buy usually, but well worth every penny. Hope this is all of some help to you.
    • Hi all, do you have any advice about what to do when a market crashes? I would assume a major crash was like what we saw last year when coronavirus broke. I only started looking into trading just after that happened so have not experienced one yet. Although was involved in the recovery which was a baptism of fire..I guess the question is, do you know when you're in a crash scenario? Of course the news might give clues but you don't know how far the market will fall so are you inevitably going to lose money at least in the short term? This especially if you're a long trader. I assume you don't just carry on trading as you normally would. Thanks for the advice.
×
×
  • Create New...