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Showing content with the highest reputation on 26/10/20 in all areas

  1. Hi all, Do you set your stops/limits on trades and then let them play out? My only real issue with this is that i don't know if my stops/limits are in sensible places in the first place so there is a tendency to monitor it. What about waiting for a series of signals from tech indicators to close instead, again you've got to be disciplined and do it when said signals arise. Thanks,
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  2. There is a bit of debate about moving stops up to lock in profit (or reduce the risk of loss). Generally I am in favour though. But be careful not to increase it to much, else you will get stopped out by noise. Classic. We have all been there. Check out some of the forum posts on backtesting, this should give you an indication on the amount of volatility in your strategy. What kind of risk/reward were you running? What timescale were you looking at, and what was the ATR when you put on the trade? (You can add ATR as an indicator, and read it straight off the chart).
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  3. On Friday Aussie Broadband was listed on the ASX under ASX: ABB. I was part of the customer offer but I wanted to invest more than the 2,000 shares the customer offer was limited too. I'm not able to find it listed in IG and was curious as to why, maybe I'm just missing something about how IG works or I just need to be more patient. It did open a week earlier than expected so maybe that has coursed some confusion?
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  4. If there is a change that invalidates the signal, its probably a good idea to close the trade. i.e. emergency rate cut, jet plane shot down, elections/polling noise...... etc etc But if you find yourself closing trades early, i.e. closing at a loss, before the trade would have gone your way. Then you need to sit back and leave that trade alone! As for setting the stop. Check out the ATR, if you are not a multiple of that, you will get stopped out by market noise. You can also monitor drawdown when you are backtesting. Closing a trade based on a technical indicator, is very valid
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  5. you can just pull this yourself via the API - that is if you know how
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  6. Can't find ABB share anywhere on the platform. Can anyone please update? Thanks
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  7. Yes, those guys Anton Kreil and his gang are great. All ex-pro trades at Goldman's etc They are doing 80% fundamentals, 20% technical trading style if I'm not mistaken. Everyone who says they are a scam just doesn't understand anything about the industry. Period. They are indeed one of main the reason, I'm thinking of trying the fundamental based trading system rather than looking 100% at technicals.
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  8. @DSchenk You mention earlier that TA doesn’t work, how you do you want it to? – what exactly are you looking for? I think defining this will help with your ultimate approach….remember, there is no silver bullet to investing or trading (or anything in life for that matter…), which will make things easier….figure out what will work for you and concentrate on that. RE: Markets: Why is the US market more appealing than the UK market? Volatility, volume, liquidity….more opportunity…? Out of all the markets you have tried, what makes you think a fundamental approach is better? Al
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  9. Interesting post…. Apologies for my long post below, but I hope some readers appreciate its content. From a funds management point of view, these guys (non-gender specific when I say this), need to manage according to their mandate. Now, if this means they need to be invested in all sectors or only allowed to hold a certain amount of cash (for a lot of them, this is < 5% of the fund), which means they pretty much have to be fully invested at ALL times. Depending on the mandate, this might also mean they are only allowed to hold a certain weighting in a particular stock, sec
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  10. Not all ETFs can be traded on an ISA due to taxation rules (beyond the control of IG). There are also some ETFs that are available, but IG will only allow 'professional' clients to trade. Safest bet is to use the tool that screens the ETFs available for trading on an ISA wrapper. https://etfscreener.ig.com/?cols=AssetClass,Currency,NetAssets,PrimaryExchange,ReturnM12&filters=GlobalSector,ISA,LeveragedFund,UCITS&map=null&ISA=Yes&page=1&sortCol=NetAssets&sortDir=-1
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