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Showing content with the highest reputation since 12/07/20 in Posts

  1. 30 points
    I thought i summarize my experience so far day trading in case any newer folks are interested Day trading is much harder than swing trading and especially at those lower time frames. From 100+ day trades so far I am certainly no expert and I like being honest, I am on average losing but I learnt a lot. My thoughts so far are: 1. Forget 95% of youtube, it's full of turds just trying to market courses, **** out their channel. Same with forums, no matter what topic it is (fitness, languages), a lot of people lie their asses off and pretend they are experts but in fact know jackshit about it. Even the supposedly guru's are full of sh@t. For example the guy who wrote that best seller "Trading for a living", Dr Elder. He came up with his own "impulse system" and brags about it. It just MACD and Moving average, nothing more . Aslo on their own private forum (which I was on for $60 a month) the group consistently underperform the S&P and even their best Gold start traders barely out perform it. Everytime you asked a question you got told, "buy this extra course for $100's Its the same with Anton Kreil, $15k for a course? I have no idea if he is good or not but its seems to me that it's the easiest thing in the world to prove your validity. Publish your trading accounts, get them audited by an auditor, show tax statements, do live streaming etc If I was building a business as a trainer that's what I would do. 2. Having said that there is a lot of useful information that if you look at it objectively it can be great advice. Keep a word document and write down your own points. Ignore every cherry picked chart they show you (apart from the educational content), use your own, scroll back a 500/1000 bars and then start looking at the extreme right hand bar, moving forwards bar by bar and ask yourself "ok what will I do here", you will soon find out that even if you got the direction right, spreads, commissions, trend reversed too quickly, stops etc killed it . It will paint a very different picture than what youtube baseball-wearing-cap-on-backwards hipster is telling you. 3. Day trading is a job, not a hobby and a difficult one, you need to put in the hours, research, do your homework, keep a trade journal take notes and analyze what you have done etc 4. You are essentially trying to make cash like flipping a coin over the long run with one side weighted in your favour. 5. Forget working on hunches or "I think the stock price will go up / down" You are doomed to failure. A proper system is the only way 6. Risk Management is the most important concept by far in my view. The generally advice is never risk more that 1 - 2% on a trade. I personally think that is too much . I would keep it at 0.5% max until you work what you are doing. 8 losing trades in a row at 1-2% and it starts to hurt and self doubt really creeps in. 7. Demo always seems like a good idea but in reality it never worked for me. I put on trades forget about them, have no psychological connection to wins / losses. You need to use real money, even if it's just the bare minimum to see those losing ££ . I have put on 4 trades over last few days.All 4 were up 2 x Risk but because I am a total **** I didn't cash out and all hit stops resulting in 4 losses. It was only £80 between all 4 but the fact I got greedy (yet again!) annoys me 8. If your profitable with a year you're lucky. My aim is to just break even by christmas to see if I can sustain a modest living in this. I have income from other sources anyway. 9. The reality is that its a heck of a difficult job to make money day trading., Brokers like IG, and all the others make money by continual flow of clients coming in losing cash and eventually leave, hence the large marketing. I don't blame them, it's a business model, not a hippy self help group, but just be realistic. 10. Most news, ideas is **** and pointless. I worked in investment banking on the trading floor for 15+ years. Every Monday we had to come up with a trade idea for clients , Derivatives / inflation, bonds, 90% of them were sh@t, I know I wrote them, we just had to do something. It's the same with market news, broker webinars etc, trading channels / ideas etc, the staff are tasked to do something. More noise, more videos, more website hits, more trades = more commissions / sales. 11. Don't jump around from stock to stock, to FX, to crypto. I believe if you are not making money in two or three the problem is you, not the asset. They all have their own personalities, e.g. Coca cola barely moves, Tech stocks jittery as hell, respond to news, others hardly at all, so you need to spend sufficient time on see what influences what. 12. as above, don’t jump around with different trading strategies, 200 different indicators etc. You need to limit all the moving parts and focus 13. Best way I found to improve, (so far) , For every trade, I immediately write down why I entered the trade (note 5) , for example Long MA Strategy (a) Rising 200MA (b) Rising 20MA , (c) 20MA crosses over 200MA (d) price near 20MA seems like a winner on paper but I still kept getting stopped out. Then afterwards write down what happened, e.g. after the trade exit I put screen shots of 3 time frames (daily hourly / 15min) into a PowerPoint and detailed where I went wrong. Several things became clear such as - 2min charts was pointless, you would never make the spread back - The risk / reward (1:2) was to high, a 1:1.2 would have paid off > 50% of the time . - I was fannying around with stops, for no reason. etc - I'm putting on trades because I'm retarded, e.g. long trade, on a bearish trend in larger time frame The point being, you start to learn about your technique and they way you trade which no book can possibly know. Heck it's boring but I am starting to see patterns about the way I trade (= c@ck up). The best traders I saw in banks were the OCD ones. The wannabe Burberry wearing chavs all got pushed out or sent to Starbucks to pick up the coffee The million dollar question: can you make money? At this stage, I am still undecided. I think there is light at the end of the tunnel but its going to require work, a plan and mental commitment for sure. Anyway, long post but hope it's useful for some folks (apologies for the obscenities!)
  2. 5 points
    Hi, Is there anyway to get AUS tax statements from IG platform? Cheers
  3. 4 points
    Development needs for Share Dealing and ISA Accounts: - 1. A low-cost Dividend Reinvestment facility is a must - this will have huge benefits for IG as, with your commission structure, I'm confident you would attract more long-term investors by offering a DRIP facility 2. Please include all costs in the positions window (i.e. commission plus stamp duty) so that average price and profit/loss figures are accurate 3. Please improve your help desk and phone availability - responses are extremely slow or with the help desk email sometimes non-existent, which reflects very badly on IG and suggests your investors are much lower priority than higher value margin clients
  4. 4 points
    Talk about exuberance. (Oft used word like unprecedented). Dow is steaming up to 27000 and heading north. The battle with Covid is over then. It is beaten and normal service will resume directly. Next stop all time high? Forget about the bad news. It's only going to get better and better and everything is going to turn out rosy. Lovely jubbly. Moderna's results are encouraging, it is true, but not categoric, peer reviewed or tested on more than 48 fit test subjects. Otherwise, the situation remains the same. One supposes that if one were to no longer test, then the virus will simply disappear, as no one would have it because no one has been tested for it. Brilliant logic and an especially good recipe for rampant, uncontrolled, unmonitored communal spread. What's a few hundred thousand deaths of vulnerable people matter anyway? It's the bottom line that counts, surely? Then there is the matter unemployment and the 30 million still receiving unemployment cheques (soon to be stopped). They will all be instantly be re-employed, of course. As for the debts, it's only debt and we can always print more money to pay for and buy more debt. Those in arrears can have their debt purchased by repo's and start again, unless it's lots of debt, then we'll bail 'em out. Fantastic. Win win on the money-go-round. Obviously, pre Covid, say Feb 2020, assets and equities were hugely under-priced. Tech is still massively under-valued. Isn't it? Tesla may even make a profit proving its market cap @$220 billion. Cheap at the price! We have won the battle with Covid, it is done and won and a big V for victory for the markets. As you can tell it is day 6 of my not drinking and I am hallucinating, cannot tell fact from desire and am selectively, blind, deaf and have a factual reality by-pass. It would appear I am not alone. One thing to note, it sure is interesting. Defiantly not a bubble waiting to pop. Absolutely not a bubble. Exuberance warranted. Must be time for a trade war with China then.
  5. 3 points
    can be more than 10 times in a row for me..almost feels like the market is just looking at what I am doing and going opposite of me. It also makes me feel like I would do better trading with my eyes closed at times...
  6. 3 points
    Please assign the IG labs forums to someone that doesn't ignore messages. There must be someone that can respond to technical questions. There are posts that have been sitting there for months. https://labs.ig.com/node/702 It is very frustrating to see that there is no one to help there.
  7. 3 points
    Limit (take profit) orders on daily and weekly options would be nice
  8. 3 points
    Hi I am unable to access my web platform. When I click into my trading account there is no response from the web platform. according to the code there are 4 errors. See attached Please assist ASAP
  9. 3 points
    Once more the brilliant Bo Johnson comes to the rescue of sterling. His multi-dimensional-global-trade-deal-chess match is also doing fabulously well. Naturally, trade relationships with significant trading partners such as Europe, United states and China could not be better and the outlook is fairly reflected in the price of Sterling, which is devaluing like the Zim dollar (ok not quite that bad). Fair to say Sterling is holding its own against the US dollar (which has been diluting its value with trillions and trillions of dollars of new money), but against the Euro the only way is down, it seems. Some may suggest this is good for exports, others may argue not quite so, when reciprocal tariffs are factored in. Ahh the joy of tariffs. And we may have so many to factor, quantify and pay and pay. So much easier than the bureaucracy from europe then. Sterling / Euro pair have been ripe for shorting since the apparent determination of UK govt to leave without a deal and move to WTO rules, thereby subjecting all goods and services to tariffs. Just what the electorate voted for. So good for business. Naturally the city of London is overjoyed. Those shorting Sterling certainly are. Who would have thought the Euro to be so resilient? Bo Johnson the brilliant, tooling with UK trade, or just tool? A combination of arrogance and very unfortunate timing has combined to take the alleged strong hand the Uk had in negotiations to revealing quite the opposite; Trump is too preoccupied with re-election and China and president Xi consider the Uk being a few consonants short of profanity. The EU have had quite enough of brilliant Bo Johnson and his inexperienced negotiators. Combine this with the all encompassing effect of Covid19 and the great plans that seemed oh so probable, now appear fantastically out of step and time and wholly unlikely/impossible. His govt of idealogues have proven incapable of intelligent action and devoid of experience, as neither were requirement for office. So Sterling is paying for this. The Footsie is paying for this. Eventually the taxpayer will pay for it all. Not to forget the ballooning national debt. A really, really big balloon. Well the electorate certainly is getting what it voted for in the recent landslide election. Getting Brexit done quickly and at any cost. Or getting done by Brexit? Schadenfreude.
  10. 3 points
    Seems like it and it's pretty terrifying. They are not there to help and if their web platform f*cks you over you're on your own. Not good.
  11. 3 points
    Yeah look I am, in under no illusion that this could be a total waste of time, in fact it more satisfying the curiosity I have had about this for years. I think there are other fringe benefits to trading , such as starting to take note about general money management. For example I remortgage my property a month ago. I was paying an extra 1.5% for probably 8 year than I really needed to. Leaving cash just sitting in a current account for a decade and so on all has long term significant impacts on your wealth. I am approaching 50 and the best thing I ever did money wise was getting on the property ladder , No one really thinks about this or pension funds in your 20's (i didn't) , but the significant savings or changes in potential wealth can be huge all for a just a change in attitude . Even if you quit trading , just dumping some money into the S&P, FTSE and let it compound away for decades is well worth doing But like the "trading experts", I am wise after the fact 😄
  12. 3 points
    great post and very true i have been trading more or less every day during lockdown i have two suggestions for utube traders to follow both are free and want no money no scams no subscription fees etc , first is brian watt also known as mr yen this guy has terminal cancer is a mean regression trader u can watch previous shows from channel , very good over 3 months he has not had a loosing trade he is v opinionated and wont be to everyones taste ,based in usa so starts 1400/1430 uk time second one is :trades by matt : bases in usa also excellent free and has several help videos , very calm the opposite and very different trading style of brian watt , check them both out i assure you you will learn from these two guys .both are also on twitter , @realbrianwatt and @tradesbymatt, good luck
  13. 3 points
    This is an amazing post and perfect for me as I am just starting my journey - also from a banking and finance background. I posted something here earlier, but do you use a news feed? if so, which one? if not, why not and what are your thoughts? Good luck with the next stage of your journey.
  14. 3 points
    Wow. The power of Positivity LOL
  15. 2 points
    More than -17K in three days. It took me 2 years to recover it
  16. 2 points
    yeah I agree, the other option of paying a $30 round trip for non FX conversion is just a sneaky way of doing business. It bugs me that they hide this in the fine print especially when there is no logical reason for it and no one at IG can give a straight answer as to why , They should be encouraging clients to trade not discourage them.
  17. 2 points
    Title says it all, is there any way for it to be all the same for simplicity?
  18. 2 points
    Volatility is such fun. If you are on the right side of it , of course. Dow@ 27239, will go higher expect 27550+/- 1%. Then hang on to your shorts as it's big swinging cahones time. If there is no more stimulus, saving the Fed largesse then watch the Dow sink 3-5% as retrenchment may be the order of the day. With stimulus expect a gain, then retrenchment, then exuberance, then retrenchment, then a small nervous breakdown....... It's as if the Dow has become the schizophrenic naughty cousin of the S&P. Today is the last day before the delayed August break for Congress so it's pooh or bust for legislators, who will naturally blame each other if they fail to agree. Ahh the competence of governments.......
  19. 2 points
    Whats really funny is that he wants to force a vaccine on every human being on the planet, yet he cannot even get rid of the viruses on his software! Maybe sorting that out would be a good start. But oh I forgot its all about the money and power.....
  20. 2 points
    I call it a wash and rinse - it happens often at swing lows and swing highs, as they are the obvious place for stops to be placed at, the "science" of the markets means that these places are often hit because of what the market HAS to do to move.
  21. 2 points
    online option dealing for individual shares and stocks (usa)
  22. 2 points
    I believe that it's better to get the basics right first, so in order of importance: 1. Fix your charts please (those bizarre spikes up and down not seen at any other broker, as well as those empty spaces on charts for Sat/Sun, see example of your own chart below with 2-bars wide empty spaces between each Friday and Monday) 2. Trailing stop loss on ISA/sharedealing account 3. Volume moving average 4. P/L and P/L %age for the day (currently only showing P/L since the position was opened) 5. Trade analytics tool on ISA/share dealing account - you keep emailing me to check it out but it's still not available on my accounts The below I realise it's unlikely to happen, but it would be amazing to have: 6. Stock screener similar to what Stockopedia offers (realise this is a premium feature so would be happy to pay extra for it) 7. An option similar to 'export chart' but for trade details, i.e. exporting trade data to excel sheet, like entry price, values for MAs and indicators currently on the chart etc. basically all the info visible on the chart but as numbers instead of a picture
  23. 2 points
    The backtesting tool that is available on TradingView.com (it's also available on the infinitely inferior Barchart.com) Do you know the one I am talking about Charlotte? It lets people test a strategy without needing to know how to program. Sometimes trades are too complex to be done entirely programmatically anyway (a few basic parameters can alert you to a potential setup, then you can review it manually before deciding to go in) TradingView.com is just generally more aesthetic, faster, responsive and intuitive.
  24. 2 points
    It’s horses for courses. If my primary focus were American trading hours I might trade the S&P500 or if the focus were Asian trading hours I might trade the Hang Seng. But I like to be able to have a swing trade with a scaled entry and exit around the clock.
  25. 2 points
    Not looked into the forum for a few weeks (months?) guys. Had an interesting read in this thread now. Good to see the old lads in here @nit2wynit and of course @dmedin, the old pessimist . @Caseynotes also still running his same old show, like the grandpa in his chair talking to the grandchildren sitting round him on the floor Anyway, I think it is time for a recap of what was going on in my trading in the last couple of months. I will publish an update in the main Ross Warrior Trading thread in the next couple of days. Keep yourself posted. Btw, after having had a little draught in the beginning of this year, Ross was absolutely killing it during the recent Corona volatility. Check out his recent videos. Making a couple of $100k+ days and probably doing over $1m in profits in the past couple of months. True legend. Everyone who says he's a scammer, have you heard of a multiple income stream model? If you are successful in trading, why on earth would you not also teach it (and making even more profit)? Let's say you learn a skill outside of trading, like data analytics. Then you go to a company and work there as a data analyst. Over the years you get better and better at your craft and eventually the company offers you a leading position at a higher salary, running a team of data analysts and teaching them your craft. That's the same with trading. Trading successfully and not teaching it is like saying to your boss, listen, I appreciate your offer, but I'd rather not run the team and just sit in the corner doing data analysis myself reporting to someone else. Just my point of view on this. Anyway, doesn't really matter who thinks Ross is a scammer or not. He's doing a great job out there, which I can only appreciate.
  26. 2 points
    says the guy who perpetually trolls, sh!tposts trash to foul threads people have worked hard to produce and has a potty mouth that would shame an 8 year old.
  27. 2 points
    I had a look at a couple the other day. CMC markets' web platform is old-fashioned and clunky AF but the spread appeared to be a bit lower than IG's. Oanda have far fewer instruments available to trade and their version of TradingView doesn't have all the available features. BTW, IG will phone you incessantly when you open up a new account - there's no shortage of staff in the new accounts department, only in the support department. But if you read their recent earnings release, you'll understand where their priorities lie.
  28. 2 points
    Hi All The best way to resolve the problem is to Go to another Broker , Don't stick to IG. IG has gone worse in recent times . Other Brokers offer better service and pricing then IG . IG dont even answer phones , so whats the point in giving them our money . Good luck
  29. 2 points
    Good Morning, May I ask your experience regarding support from the IG team? I tend to be left hanging on the phone for an hour + is this common?
  30. 2 points
    Read the FY20 IG Group Seems they did ok, "IG has not had a loss-making day since 2015." Maybe some Pro did a bad oiltrade? "a very small number of Professional clients for which we went ahead and took some provisions for" https://www.iggroup.com/sites/ig-group/files/transcript-ig-group-fy20-results.pdf https://www.iggroup.com/investors/financial-results/results-reports-and-presentations/result/year/2020
  31. 2 points
    Here are a few to watch this week:
  32. 2 points
    just use stops as tight as you can , FTSE 0.5pt min, stop 4 point = £2 quid. Lloyds: £1 a point, min stop 0.2 = 20p how low do you want it ? 🙂 You can always exit the trade anytime
  33. 2 points
    Davy. I am not a guru but I have been following your progress. To me the problems are quite clear. You need to take a pause. You need to have a plan of how you will trade. You need to have a better understanding of what drives the markets you are looking to trade. You need someone to talk to (a mentor) that can keep you accountable to your actions. You need better money management. You have an idea of how to trade, you just need to form that idea into a robust trading strategy. One which allows you to take several losses in a row but doesn't wipe you out. One which if the market conditions change (think VIX at 40 versus VIX at 25) you need to be able to say, strategy is underperforming because of X and adjust accordingly.
  34. 2 points
    I have Miners software which includes his DTosc Indicator - yep they all show the rate of change but with slightly differing maths - to be fair, his DTosc is probably better than most indicators out there, however the best by far is the good old RSI (wilders) Miner used his in conjunction with EW, which when EW works did time the turns pretty well - I don't trade EW's, although a couple of patterns i use can be classed as EW's I published a weekly analysis showing multiple indicates - i think people thought i traded them all - the veiled message which no one picked up on was to show the Indicators and how they were similar, as well as how they moved when set correctly with price moves/cycles of the market Saying that they can be used very well in certain ways - especially in identifying small cycles in the market, crucial turning points and divergences Should clarify that I do/have traded with Indicators, purely because I like to win often and have one over the market, I also use pure price action and it's this that produces me the greatest % returns year on year. William Garrett published in the early 70's a book on Investing with Torque - this included volume into the equation, which is a good read, anyone reading it will come away from the book thinking about his cycle analysis and work - if its still in print My bookshelf use to be packed with books - hundreds - now there's just a handful of the ones that work - I used to pick up a trading book and wonder if it was going to be full of fluff or actually worth something, most books could be condensed into 10-20 straight to the point pages Keep saying price action is doing exactly the same as it did 150 years ago, all that has changed is the growth aspect of the market
  35. 2 points
    Hi I wrote a bit of code today to back-test this strategy with data from 2019. For the developers out there that are interested in running it themselves I added everything to a GitHub folder, so they can see everything in detail. All datasets that I use are contained in the Data folder. https://github.com/oneangrytrader/backtesting/tree/master/BackTester/Strategy The results are attached as a picture for review. All profits are calculated without commission, so it would be interesting to add proper commissions on CFD-SpreadBetting and Share Dealing accounts to see what it yields.
  36. 2 points
  37. 2 points
    This is why I say manually back test your method over 100 trades - that way you will know a) if the method works b) the win rate and c) the average pts/% move of the method Then you can set your money management appropriately The method you are trading will determine the possible R profit value - As Nit2wynit says above if you're looking for a 20% move and the market only offers 5% then you've got to alter things to take the 5% I'm thinking of publishing a totally random trading method for 12 months to show how just guessing can make money - I need to decide whether it's worth the hassle and time factor doing it though Anyway - All my methods I use have the following money management rules without fail and i know these rules are going to apply before i even place the trade: Once up XR stop gets moved to break-even Protect 50% of open profits at all times until either stopped out or target hit Then when within XR of profit target, trailing stop gets tightened to a trailing 1-2 bar H/L (depends on price action) If you start taking multiple profit targets you'll dilute the overall R profit value and on a system/method that works 50+% of the time that's likely to be 1-3R It would most likely be better if you traded 2-3 units rather than just 1 - if you're taking profit targets along the way - so if you normally risk 1% of account risk 3% and have 3 target levels etc - it will all depend on the maths and average % move you're method actually works to That's why I published my How to Win thread - it covers everything you've mentioned in this thread and how to deal with it - that was the purpose of the thread, how to deal with what trading throws at you.
  38. 2 points
    Hi, all the companies listed in the major indices are international and so are linked to the fortunes of the western countries as a whole and especially to the spending power of the mighty US consumer. The S&P tends to lead though an increasing case could be made for Nasdaq and the others tend to follow. In the Indices thread I've been using Dow as a leading indicator for the Dax for a number of years. The one out of sync has been FTSE ever since the start of the Brexit uncertainty.
  39. 2 points
    Fundamentally, I think the main focus of IG is on the provision of CFD/Spreadbetting accounts, because that is where they make the most money. Share trading is a bit of a poor second cousin, and the options available probably reflect that. However, short of the 'free' companies, IG's charges for share trading are about the lowest out there. I do something similar to what you want to do, though obviously every month I have to make the investments myself rather than have it happen automatically. It's not a big deal for me, and I prefer to do it with IG rather than pay for the privilige of an 'automatic' option with someone like HL.
  40. 2 points
    For normal sharetrading IG does not have Canadian stock exchanges active to trade. Would certainly be of interest if they could change this decision - I have to use other brokers for Canadian stock trading.
  41. 2 points
    There are a number of equities listed on the Toronto TSX TSXV Exchanges. IG doesn't appear to list them. Any ideas welcomed on Brokers that give exposure to these Exchanges
  42. 2 points
    did you get an answer to this? I also want to buy some TSX / TSXV stock, but don't appear listed. Any help appreciated. Thanks.
  43. 1 point
    Two things I would add, one being a very important addition, another just a great feature upgrade: - Have a currency breakdown that is easy to view. - You could be simultaneously holding USD and GBP whilst trading shares but it just gives a pound overall value. Yet, what happens with my dividends and account management fees? Are my US dividends paid with IG taking a conversion cut? Is there a second round of conversion cut to reinvest this dividend? If I have dollars, are they converted for account fees, thus making them higher? There's very poor clarity up front on the platform with currencey, it would make it a lot mor user friendly to tackle this and probably reduce customer service requests. - Have a y-axis volume indicator. On other platforms it is a beautifully handy addition that shows price points of large volume buying. Thanks Devs + Charlotte.
  44. 1 point
    Hello, my 2 pence worth, On markets like the FTSE it would be good to have an option to switch off the simulated candles, I.e only between 0800 and 1630 being displayed. The trading out of hours is not for me and I find it quite tiresome having to trawl through the charts of simulated candles. Second pence worth, When IG tv launches it brings up a box over the deal ticket and has on numerous occasions caused me to miss the moment to place trade, Same when a trade is closed due to hitting limits or stop losses. I either have to manually click on the X to close before I place a trade. Really really frustrating. Apart from this I am happy with IG and the service I have received to date. I am not on IG's payroll lol
  45. 1 point
    True, they would rather you put your money with them so they can put you in passive investments and charge you a fee every quarter to do nothing. That's why retail brokers are shrinking in the US. Plus the government thinks they need to protect you from yourself. Either way you need enough capital to make it in trading otherwise you'll constantly be playing the lottery and we know how that usually turns out.
  46. 1 point
    Well back due to popular demand (?), but weekends only. I am no fan of the forum platform IG has, which resembles Facebook. This is the correlations with the Dow and Dax over the last ninety 1 minutes, ninety 5 minutes and so forth. Since the high of the Nasdaq and the consolidation at the recent highs the Indices have been going there own way somewhat. The Dow and S&P500 as well as the Dax and FRA40 have had low correlations. Actually the Dax and S&P500 resemble each other more than they do the Dow. But this is something one can see on the charts in real time. The Dax pulling ahead on its own to make a high for the week leaving the Dow behind (perhaps because upbeat information was due from China in 12 hours time). To my eye, the Dax visibly resembles the S&P500 more than the Dow for a couple of months. But I am not going to dump the Dow in favour of the S&P500 because of a one day loss in the last twenty days.
  47. 1 point
    Maybe you need to read about Jim Simmons. In my experience too quant trading is the right and only way to make any money if possible. Please note Jim Simmons never revealed any of his trading strategies but he is considered better than George S and Warren B.
  48. 1 point
    Ooh Samantha, a bit of late night action 🐮
  49. 1 point
    Lo and behold, all the indices have slowly ground their way back up again
  50. 1 point
    Was on the phone to IG last week about how long my account would take to complete pending. They said i was going to get a call back that afternoon to confirm everything, but i didnt get one, and now that its 2 business days later than when my account was to me completed, Im having to look into other brokerages. I live in NZ, but they have it available to me through the Australian department. If they told me itll take a while i wouldn't mind, its just that they told me I would be getting a call back that day.
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