Jump to content

you are a mug to run overnight positions with IG


Guest london

Recommended Posts

Posted

it seems you can not win running overnight positions with IG .. apart from the ridiculous funding costs 

ther number of times you seem to be stopped at the artificial markets they make can not be random 

standard excuse .. market conditions meant we needed to widen spreads 

at least the local casino gives you free food and drinks as they do you over .. 

 

Posted

indeed it shows you  the state of the "industry"

Posted

Regarding overnight funding charges, there are two sides to the coin. A few weeks ago I had DFB positions on Silver and EUR/USD which both ran for weeks. Because I was short, I received the daily funding as a credit to my account each night. If I had been long then I would've been debited, but then I wouldn't have traded the spot price for positions open that long. Of course, not all markets pay out a funding credit for trading in a particular direction, so it's important to check the rates first. Exploiting this to your advantage is something all traders should consider when planning to hold a trade overnight, just as @TrendFollower says:

3 hours ago, TrendFollower said:

Traders need to be ruthless and look at the rules and build this into their trading strategy.

 

Posted
21 hours ago, TrendFollower said:

They identify reasons using technical analysis, charts, arrows and everything under the sun as to why not to enter a long trade but they do not seem to discuss shorting that very trade.

Very true. There's definitely a long bias amongst traders, collectively speaking. Even when an uptrend has technically reversed, many will refuse to go short but won't hesitate to go long at the mere hint of a new uptrend. The bears capitalise on this during a long squeeze and that's when we see markets unwind so rapidly. Those big red candles, that's bulls' blood! 

  • 3 weeks later...
Guest JTSoggz
Posted

Does anyone know why long USD/JPY positions havent been paying any interest over the past few days? i have the position in my demo account but cant see a credit for my long position since 28/12

Posted
1 hour ago, Guest JTSoggz said:

Does anyone know why long USD/JPY positions havent been paying any interest over the past few days? i have the position in my demo account but cant see a credit for my long position since 28/12

Hey - there is a Bank Holiday in Japan this week until Friday, and therefore no overnight interest. Hope this clarifies things. All the best.

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • Hey guys, I came across and event to earn big rewards with only 6 Days to Mine (Dec 10–16) Reward Pools: USDT Pool: 3,960 $HYPE (660/day) And BTC Pool: 2,640 $HYPE (440/day) with Staking Limits are maximum of 10,000 USDT & maximum of 0.1 BTC. Don’t miss out on this exclusive opportunity to mine $HYPE while staking your assets on BingX exchange.
    • $KIP Protocol is making waves in the blockchain world with its AI-driven approach to Web3 innovation. Built on the Ethereum blockchain, KIP offers a secure and scalable foundation, enabling users to harness the potential of AI in decentralized ecosystems. To celebrate its growth, KIP Protocol has launched an exciting opportunity for participants to earn rewards through its listing carnival on BingX. A massive 3,000,000 KIP tokens are up for grabs, offering users a chance to trade and earn while supporting the protocol's ecosystem. By combining Ethereum’s robust infrastructure with AI's transformative capabilities, KIP Protocol is positioned to lead the way in creating intelligent and decentralized solutions. This initiative underscores the increasing synergy between blockchain and emerging technologies, making it a project worth exploring. Are you ready to trade, earn, and be part of the next wave in blockchain innovation?
    • Airdrops are a popular method in the crypto space to reward loyal users and encourage new adopters. Tomarket is no exception, aiming to reward its most active players by distributing 80% of its TOMA token supply through a series of Tomarket airdrop stages. This initiative recognizes the contributions of users who have supported Tomarket’s growth on the TON blockchain. (To participate click here) The Four Phases of the Airdrop Tomarket airdrop is being carried out in four distinct stages, each designed to reward different segments of the community. Stage 1: Completed on October 31, 30% of the TOMA tokens were released to early participants. Stage 2: A further 30% of the TOMA supply will be revealed before the official token listing on December 20. Stage 3: An additional 17% of the TOMA tokens will be distributed during this phase, though the exact timing is still to be determined. Stage 4: The final 3% will be allocated to early adopters, with specific timing for this stage yet to be announced. How to Qualify for the Tomarket Airdrop Participating in the Tomarket airdrop is simple, but there are a few tasks you need to complete to be eligible: Add the Tomato Emoji: Add a tomato emoji to your Telegram display name to show you're part of the Tomarket community. Reach Bronze Level: Achieve at least Level 4 (Bronze) in the Tomarket game to prove your activity on the platform. Connect a TON Wallet: Link your Tomarket account to a TON wallet to receive the tokens. Join the Telegram Channel: Make sure you’re a member of the Tomarket announcement channel on Telegram to stay updated on all airdrop details. Optional Premium Medal: You can purchase a premium medal for $5, which unlocks additional rewards and gives you access to 100% of your tokens during the Tomarket airdrop. How to Claim Tomarket Airdrop Tokens Once the Tomarket airdrop is live, you’ll be able to claim your Tomarket airdrop tokens directly within the Tomarket app. From there, you can withdraw the tokens to your external wallet for easy access. This streamlined process ensures that getting your rewards is quick and hassle-free. Exclusive Features and the Farming Pool Beyond the Tomarket airdrop, the project is introducing a Farming Pool for TOMA token holders. This feature will allow users to earn more tokens by referring others and participating in various exclusive projects. For players who purchase the premium medal, additional benefits will unlock, enhancing the overall gaming experience. These benefits could include more opportunities to earn tokens, access to special promotions, and other unique features that will be revealed in the future. Explore upcoming crypto airdrops: https://markets.coinpedia.org/airdrops/
×
×
  • Create New...
us