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Showing content with the highest reputation since 04/05/21 in Posts

  1. 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
    2 points
  2. 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
    1 point
  3. This thread is to help those that are struggling to WIN and to BEAT the markets, it will also help you to look at the markets differently and understand what is going on from a technical analysis point of view Now this WON'T be what you're used to - I don't use much TA that you find inside of all the trading books Let's get a few things cleared up right now: I'm a Professional Trader - I trade my own money for a living - I prefer to trade daily charts as I don't need to be stuck glued to a screen all day I've done it for over 10 years, yes I've had bad periods, we all do,
    1 point
  4. Hi all, Do you think this is a reasonable approach to setting a stop loss? I've read in various places including van k tharpe's book the idea of using multiples of ATR to set a stop loss whatever your time frame is. The issue for me is that 2-3x the ATR of a time period seems like a massive stop but perhaps to others its entirely reasonable? I tend to have my stop at the low but of course this is an obvious location that could be at risk.
    1 point
  5. Thanks THT, yes well i do estimate my possible returns by estimating a target price. Of course if the market doesn't get there then i've got several smaller rolling losses to deal with and i've not figured out yet how i make up for that if it turns out i'm wrong. I'm currently not using a trailing stop for simplicity and the sake of not adding another variable into the mix. However, I imagine that only having a binary situation where the market either hits the stop or target is too simplistic in a fluid market..
    1 point
  6. That's the decision you have to make as to how you trade - if you are catching the turn you can use a very tight stop - I know this for a fact as its exactly what I've done for the past 10+ years If however you aren't very good at timing the turns then you will get stopped out often and maybe a wider stop suits you better - there is nothing wrong with taking 3 attempts to get in on a move if the move returns excellent R return - I'd quite happily take 3-5 attempts if the R value returned 10+R - you will know whether this is possible through the expectancy of your system/method etc If
    1 point
  7. Thanks for the replies guys. I brought this up because i try to use tight stops, but due to inaccuracies in finding the turn point i need several attempts to get into a position. Sometimes the running loss can be 1x + ATR so i kind of wonder if the tight stops really make sense. If i'm not estimating the turn well then maybe i should just give it more room and use the multiple ATR approach. The problem i have with this is that i hate seeing the market go against me and with an ATR multiple obviously you're giving it room to move against your entry point by quite a lot, but in theory if it
    1 point
  8. This would be so good. The advantage from IG's perspective is you could potentially stop having to support your own charts/advanced charts. When you say soon, any more specific? Many thanks
    1 point
  9. Hi - any ideas how I vote my GME shares held through IG? Does this message apply? I don't hold shares on margin... --------------------------------------------- Help and support / Share trading Do you offer proxy voting?
    1 point
  10. I'm looking at a new investment strategy for part of my spread-bet portfolio, but I need to better understand some cost elements to calculate if it meets my objectives, can anyone help me on these three questions 1) If I go long on US ETF symbols using my spread-bet account, how do I exactly calculate my overnight holding costs, what is the formula and variables to be able to calculate it to the penny? 2) When these US ETF's pay dividends, do I receive the full published dividend into my spread-bet account? If I don't receive the full published divid
    1 point
  11. Hi @CharlotteIG. Similar to the people above, I've also been waiting a while to have my account approved. Can this be looked into? Thanks, Rashid
    1 point
  12. Hi, I’ve recently invested through IG and hopefully continue to do so, you folk came out tops on MANY reviews (congrats!). I'm no expert, I'm just an individual trying to grasp what seems to be the most convoluted and corrupt poker game. Am I safe in saying, when the inevitable GME squeeze happens, there won’t be any liquidity issues with IG? Bearing in mind, this is in relation to open positions via cash accounts and not margin? What happened with IG late January was at best: Questionable, and at worst: Criminal. Is there any reassurance (whatsoever) that IG will let the p
    1 point
  13. Hi all, I'm using the online IG platform and one thing which is greatly missing is... TICKERS!! How come a trading platform don't have tickers?! PRT and all trading platforms on the market have tickers. Traders speaks with tickers, not company names. So please could you add tickers ASAP (as soon as possible)... you see TICKER!! I need SPY, I need AAPL, I need NVDA, MSFT and so on. And I'm sure I speak for everyone else. I've searched on platform options, forums, etc and couldn't find anything about tickers. So if there is a way to have tickers could you tell me where to allow the op
    1 point
  14. If you really really really want to be able to trade effectively for a living then you HAVE no choice but to follow the rules - BUT, there are some "rules" that can be ignored! That does not mean doing absolutely everything that you read about in the guides, manuals or books - Hell man, the ONLY time I've had a Trading "Journal" was when i was back testing and testing a presumed trading method - so that I could work out expectancy etc - I do NOT keep a trading journal, I know from the trades I've taken whether I'm up or down - I KNOW my methods work because i went through the pain of test
    1 point
  15. Maybe I'm just being stupid and missing something, but I am unable to find the EPICs for API trading equities of Japan, Australia and Spain, even though I can trade them manually on the platform. I can find EPICS for all the other countries I can trade using the IG API companion, but not these three, they don't appear in the hierarchy at all? Anyone know something about it?
    0 points
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