Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation since 23/08/21 in Posts

  1. I’ve just started using the IG platform and am having fun with it, after a week or so of playing with it. I’ve opened two accounts and have just opened ten positions. I’d thought as a COMPLETE newbie, I’d share my experiences here in “real time”, which will hopefully be amusing/informative for some of you. I welcome comments, but no flames, please! Background: I inherited some money a couple of years ago and stuck it all in a savings account. Fed up with the paltry interest rate, I decided to take a proportion of it and invest it in shares. I set a conservative goal, which is to make 6% return in 12 months through a mixture of 50% investments and active 50% active trading. On the latter, I’m prepared to risk 20%, hope to double (i.e., 5:1). At the end of the 12 months, I’ll look at my two accounts’ performance and if necessary, revise my goals. I have ten years’ experience working full-time in hedge fund risk, but very little of their trading strategies is relevant to me – I don’t neither the money nor the experience required to do anything like that. The main indicators I look at are MA, volatility and volume. Volatility also dictates my stops (so I can ride the troughs). The limits are all set to 5 times the stop. Here are the rules I set myself before starting: Steer clear of low volume stocks. No shorting (or equivalent). Only trade stocks where I believe I understand the underlying market sector and think that it’s a growing one. Try to trade more than one stock in a sector, or trade ETFs. Turn every ****-up into a lesson. Don’t get all “Rorschach” when looking at charts. Listen to everyone and listen to no-one. Trade no more than 1 hour a day. Research no less than one hour a day. Dampen the natural volatility in my mood fluctuations (less elation, less depression. – almost the definition of hedging) Day 0: I picked some stocks out of a hat (well, almost: Two of them were tips from Motley Fool, two were "pet" companies I believe in, which have been growing for years, and the rest were tech stocks involved in areas that I believe will have a growing demand in the coming year. Day 1: A good day, I was .05% up in both accounts! Multiply by 250 days in the fiscal year, (I’m not compounding) that’s 12.5 %! Cool! Lesson learned: None. Day2: A bad day, I did the last of my weekly spread bets (which had a big spread), so I’m now a few hundred pounds down. The Dow is down, everything is down. Lessons I need to learn: 1. Patience. Re-Read what I wrote down when I opened the position – the time frame for exit was months, not days or hours. 2. Don’t watch the weather, study the climate (I live in the UK, where weather-watching is a National trait). 3. Don’t buy at the market.
    5 points
  2. Hi, you've got a number of issues going on there; 1/ variable spread. 2/ exotic pair. 3/ time of trade. The variable spread system gives tighter spreads in normal market conditions but widen if volatility creeps into the market. Solution is to watch the spread and keep away from volatile times, keep an eye on the number between the buy/sell price. Spreads are always wider on the less traded pairs so always need to take that into consideration, maybe the EUR or US NOK pairing has less spread? Outside EU, UK, US normal trading hours causes a jump in spread as the normal liquidity providers have closed so brokers need to look further afield to find prices and so the spread is also inevitably going to be higher during those times.
    3 points
  3. I wanted an answer to this 1 year ago, but there was a sever lack of input on here from IG so I didn't even bother asking. I'm happy to see there is now adequate support and responses. Big Thumbs Up. Thanks.
    3 points
  4. i just found a path to delete an old list as you were replying ! ta. . yet one of my old lists won't show a delete option - must have been created by IG. no probs. Thanks.
    2 points
  5. Thanks Casey, that is a tremendous help. I found this on the settings page you talked about: "Automatic rollovers are enabled by default on open positions on futures contracts." So I'm all set for the gains to keep rolling 😁 Thanks again!
    2 points
  6. Hi, you need to look at the info ( i ) dropdown tag on the deal ticket for expiratory dates and times when the position is closed and any profit or loss realised. A new same position will automatically reset if you have clicked the auto rollover tab in your Settings page in your My IG. There used to be a discount for having the auto ticked but don't think there is anymore.
    2 points
  7. Propaganda at its best. I fail to see the point of posting your garbage. Have you lost that much trading with IG that you are committed to fill their forums with rubbish? That would make sense to me. https://www.gob.pe/coronavirus They are not only testing and forcing everyone to have a PCR test in order to enter the country. They are a leading country in South America in terms of Covid vaccinations. It is Perú by the way, you can't patronise people in English if you make grammar mistakes in other languages, my dear.
    2 points
  8. Hi, see this page. How to Trade Stocks After Hours | IG UK
    2 points
  9. Interesting blog on Dax and the upcoming September changes. By Chris Weston (ex IG) Dear Trader, The GER30 - trading the biggest shakeup to the DAX since 1988 The German DAX (GE30 on MT4/5) has for long periods been seen as one of the great instruments for index traders, often getting the lion’s share of any of the European and global indices from retail traders. However, in recent times we’ve seen the 10-day realised volatility fall to 5% and the lowest levels since May 2019, while 30-day volatility (now 7.11%) resides at the lowest reading since 2017. These measures of index volatility and movement also show that volatility in the German DAX is indeed lower than any other major equity index. In a world where traders are looking for movement, as well as compelling expected returns, the DAX has become relatively sanguine and equity index trader capital have flocked towards the US500, US30 and into Asia, notably the HK50. Although, volatility in these markets is considered far from lively. (DAX 30 daily chart) We can look forward, where options pricing shows implied measures of volatility not far off multi-year lows – however, one questions if this volatility is priced incorrectly and with some big event risk on the horizon, it’s not hard to envisage a world where this dynamic changes, volatility rises and the GER30 becomes one of the most traded equity indices in our universe of index products by retail traders. Catalysts to make the GER30 fire up again The list of volatility catalysts are building, and whether the traders flow is aimed at longs, or shorts is yet to be seen, but we see a highlight symbolic election on 26 September that could get protracted and messy. The ECB is moving closer to a world where they slow the pace of asset purchases (under its PEPP program). Perhaps most importantly there are major changes in the composition of the DAX that may change both the volatility in the index, but also the attraction of the index and the underlying constituents for foreign investors. The main change is that 10 new companies will be entering the index on 20 September – effectively making it the DAX 40. Along with other measures, these additions constitute the biggest change in the equity index since its inception in 1988. Incoming corporates include Airbus, Siemens Healthineers, Porsche, Puma, Zalando, Symrise, Sartorius, Hellofresh, Brenntag and Qiagen. Airbus is the biggest inclusion with a market cap of E89.9b, with Siemens Healthineers the next, with a market cap of E66B. By way of index composition – adding 10 new stocks reduces the concentration risk we see from having 30 stocks and by increasing the market cap by over E350b, the added diversification, in theory, lowers the variance. However, the additions challenge the way investors look at the German DAX – consider that 40% of the index constituents pay an expected dividend yield of over 3% and that can be influential on the broader index as the DAX is quoted as a total return index – that is, the price you trade reflects both the move in the price of the underlying stocks but also the dividend returns. By diluting the weighing of some of the higher dividend-paying stocks and increasing the weighting towards growth we may see the index command a higher P/E multiple, and have a higher beta to other markets, with increased volatility. It may even make international investors look twice at the index and re-establish the German DAX as a front-of-mind instrument for traders once again. The GER30 as a play on global growth We can see the index will maintain a strong weight towards international cyclical stocks with a skew towards chemicals, industrials, and technology. Over 75% of GER30 (soon the be GER40) corporates derive sales from outside of Germany, and one could argue the new additions increase the global international exposure, notably towards Europe and China. After the inclusion, the GER30 index becomes even more sensitive to world traders than the S&P500, FTSE100 and other major EU bourses and holds the highest beta of equity returns to world trade – this means if we do see global growth being called into question on a more sustained basis, which I’d argue is playing out now, the DAX may well underperform and attract greater short-selling interest. It all suggests a livelier environment in the months ahead, and with our reduced spreads on the GER30 and industry-leading top of book liquidity, put the GER30 on the radar for increased movement – because movement results in opportunity for traders. GER30 Strategy sessions One strategy I’ve been looking at on the DAX is a short-term mean reversion model – I have optimised the settings to give the best results – and while over fitting is an issue the sample size is solid. Here, I wanted to buy DAX futures (what our GER30 is priced off) when the 2-day RSI is < 10 AND the index was above its medium-term moving average (the system suggests 81 days is best). I wanted price to rebound into the 9-day EMA as a profit target. The results are since 2000 I would have placed 122 trades, with a 78%-win ratio. The average win/loss are balanced, so the returns are strong and beat a buy and hold strategy before costs. The settings can be changed on shorts, where a 10-day EMA seems to work bests as a profit target. Past performance obviously doesn’t guarantee future results and automated strategies incorporate many assumptions.
    2 points
  10. Thanks all, I found the reason: I had an older version of Windows Powershell installed. I updated to the latest version, re-installed the autochartist plugin and now it appears in the EA list in Metatrader. I thought I was clutching at straws updating my Powershell version, but it fixed the problem. Hopefully this helps others too. Cheers Shannon508
    2 points
  11. A couple of things I could add: If you are learning don't go with 18 units per point like you showed us on that picture. Try the minium size bet and grasp your knowledge as you go. To prove that you can trade well you don't need a big size. Day trading is the best way to blow your account. If you are not ready to hold your position overnight think again why you entered on that trade in the first place. There are very few traders that can make day trading , and all of them made it after losing way too many times.
    2 points
  12. Thank you for sharing, it is an eye opener. I also live in the UK and start trading this year. regards, Nancy
    2 points
  13. HI J and J exellent ideas . I thought the whole idea of trading was to make money . How do u make money when u trade for one hour only . Fasinating .Good luck Trading and all the best. Regretfully i cannot make money trading for one hour
    2 points
  14. Yeah I guess they're potentially experts in investment products suitable for position/long term stock market growth but the markets themselves I guess not.
    2 points
  15. 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 points
  16. Hi Arvin, the quarters are now there. Thank you for your help!!!
    2 points
  17. Hi @TraderGT1 Thank you for the question On the 1 hour time frame 150.835 is the low for the next hour. i.e after your stop had already been executed. If you go to the previous candle you will see that the low is 150.900 as you would expect. Hope this clears it up Regards Anda Below shows the relevant candle as well as the one post trade execution
    2 points
  18. Hi @THT Yes a lot is going to be happening this week. Central banks expected to steer FX markets this week, with the BoJ, Federal Reserve and BoE all due to meet to decide on interest rate policy. Thanks for your outlook on EURUSD and Gold, very insightful technical analysis breakdown. I have promoted your forum post on our top picks. Much appreciated for the outlook. All the best - MongiIG
    1 point
  19. OK lots happening in the markets this week - not going to have chance to write up every market, so I'll keep on with EURUSD and GOLD EURUSD: Minor double top which stopped the advance and stopped out the long from the swing #2 low off the trendline - Price has caved through the 50% level (1st attempt provided small profit) Outlook = the 50% level is STILL an active level - we are also approaching and have to consider the prev green swing lows as we are very close to that being a possible triple bottom to bounce from and then we are also near and close to black triple bottom territory - just below the black line is the weekly 50% level [not shown] So apart from the gann 50% level - looking for potential reversal set-ups around/near the previous lows - for me these long poss trades take precedence over shorting at this stage On a more higher level, "IF" a swing low forms without the swing low of #2 green being hit or exceeded then it's technically a bullish gann secondary reaction or Elliott Wave 2 formation with an initial target of the prior swing high #1 and the red swing high #2 still as ultimate potential target also remember that the expectation from a double top is the target is the prior swing low - so if that double top performs to that expectation it will invalidate the secondary reaction option and form a triple bottom Remember to survive and thrive in this game, if the market changes the outlook you have to change too, unless you'll be left holding positions for reason A when the markets no longer working out to reason A!!!! - This is a huge factor in why people fail to win in this game, you have to have multiple outlooks, no preference and just trade when a set-up appears, most people like to be right and as we can see this market is in a multiple possibility position, which most people can't compute GOLD: We have had an unusial and rare minor quadruple top, the expectation there was for a gann 4th time lucky to happen, but it didn't, the reason for this was that the double top possibility was stronger than the 4th time lucky potential - market has caved to the 50% level of the prior swing and triggered a gann 50% trade as it rallied back through it - this level is in a tight zone from the previous swings labelled a/A Outlook: We have an active 50% trade - the expectation from this is a rally back up to the prior swing high which was a confirmed double top too - I didn't mention this previously, so I', hoping those watching carefully are picking up things (I don't mention everything!) - the DT worked and shorting it to the 50% level IS [was] a valid trade - take 2 mins here and think, long if the gann 4th time lucky trade triggered, if it failed, then we could potentially have a double top which you can short - this is absolutely acceptable thinking - you trade with the market, forming pre-conceived hard and fast ideas can stop you trading profitable trades - remember the market is in charge, we just piggy back along it OK so if a rally happens from the 50% level, it will form a triple top possibility, so you need to be aware for a reversal at that level - This is NOT guaranteed to happen and price could go straight through and upwards If price continues to drop then it will approach a triple bottom - again it does not have to do this, but more often than not the following happens, it will form a gann 4th time lucky attempt on the lows and more often than not price goes through that level so the expectation is to short it at that level and more often than not when price crashes through a 4th time lucky point it then retraces back towards that level for it to then continue down It is also perfectly possible for the market to create a quadruple bottom as we have seen of the recent highs, a gann secondary reaction / Elliott Wave 2 too - so like the EURUSD market we have to be open and flexible in our thinking and trade only when a confirmed set-up appears Like anything don't trade other peoples plans, trade your own methods and set-ups once you fully understand them and have tested them thoroughly Trade at your own risk and THT cannot be held responsible for other peoples trading The purpose of this thread is to show you how swings interact and from which very profitable trading methods can be established from those swings of the market THT
    1 point
  20. me too. It's very selective, it is the "bottom 40" i.e. the 40 countries with the WORST deaths/100k population. There are 150+ more countries that have a lower death rate....
    1 point
  21. OUCH. IM @ianmSC 9m Just FYI, here is where Sweden ranks among the top 40 countries in COVID mortality rate despite no masks and no strict lockdowns or vaccine mandates It’s an impressive triumph of media gaslighting that essentially no one is aware of this A quick word on Peru, the govt decided early on not to waste money on tests and just call any suspicion a covid death, not unlike many western countries, just with more gusto.
    1 point
  22. Steve Baker MP FRSA @SteveBakerHW 1h Today I asked @sajidjavid when we can expect to live with Covid-19 as an endemic disease, just like flu. Ministers have now confirmed the infection fatality rate of COVID19 is 0.096%, comparable to flu. Written questions and answers - Written questions, answers and statements - UK Parliament
    1 point
  23. Thanks for the detailed response. Yeah i mean assuming you understand the methods, you can look for the opportunities but i can see that its helpful to use multiple approaches. I just thought it was interesting that the double bottom was clear to see on the EUR/US weekly chart so you could just have kept on that chart, setting the target to the previous high then use a trail on that but instead you're still seeing that "weekly" target but going for the individual swings within that on the daily time frame. I guess its more profitable if you can cut out the dips but easier i guess to just have the one trade on the weekly chart, although that could be too simple approach. You want to keep it simple but the markets don't always allow given what you've said about having multiple approaches.
    1 point
  24. Great post! Without planning it I have sort of evolved into a mean reversion specialist on the Dax. The last 90 days on the Dax looks like this for me. Happy to reply to any questions.
    1 point
  25. The long observed problem with the deaths and hospitalisations data is the 'death (or hospitalisation) within 28 days of a positive test', gives no indication of the person having died of covid or was hospitalised by covid. And given the reported false positive rate of the PCR test makes the data even less conclusive. You would think after all this time someone would have come up with a better test, makes you wonder why they haven't. In the age groups most at risk of harm from covid infection rates are less for the unvaccinated than the vaccinated under 80 years. This is very much in line with the data coming out of Israel where there is also zero vaccine efficacy. The fact is that vaccine ADE has created vaccine resistant variants as well as weakened the immune system of those vaccinated.
    1 point
  26. I think the USA are coming it from a "Its a threat to the US$ and reserves" point of view as if they (the people behind the FED which is not the USA citizens) adopt digi currency then it needs to be able to be controlled by those controlling the US$ now - Which they simply won't go down without a massive fight as if they lost control of the US$ they'd lose a huge amount of debt, reserves etc I'm not saying it won't happen, I'm just saying the FED will do everything in its power to stop it or they'll want to be the main ones creating, issuing and managing it as they current are the worlds official reserve currency - which if they don't could lead to WWIII or something like that! This a quote that President Woodrow Wilson said shortly before his death: "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Before 1913, those group of men tried everything to force the govts hand to create a federal reserve to no avail - also back in the UK during the napoleon wars in France, 1 family who is part of that small group of men, had "runners" observing the war, so that when it was clear which side [France or Britain] had won, they'd get back to the London markets to buy sell appropriately in huge quantities! Now I don't want to stir anything up either, but those men he refers to are owners of Americas big banks and financiers and if you research the FED in-depth, you'll find that all past Chairpersons of the FED are all of one particular religious faith, which although nothing wrong with that, shows that the job is pre-destined to a person of the same faith as those controlling the FED and who the FED tell the govt to nominate etc, so basically the jobs a set rigged affair which is scandalous in a "free nation", which then isn't obliviously that free! My own personal view of crypto's are they are a tradeable market at present (although I just personally chose not to trade/Invest in them for no other reason than its another market to look at) - As a currency I personally think it needs to be backed by gold to be a valid currency and I doubt there's enough mined gold out there in the world to back a major reserve currency etc and the money laundering ease of using crypto's will need to be addressed by govts Saying that if the US$ were forced to convert every $ out there into its asset back value in Gold, I doubt there's enough gold in storage to be able to honour the payments - which is most likely why the stock take/Inventory for Fort Knox isn't Independent no freely available I'm in a position where i can sit on the fence and watch, at present the market is purely speculative BUT as a currency there's the opportunity for a big player to get involved and try to force out the US$ which is were the fun and games might lie going forward due to the above information I've highlighted - I think one of the main risks is the use of digi currency on the black underground market, govts just won't let happen, they'll end up regulating it or something and that could cause it to plummet in value Lots of If's, buts and maybes! fo me though until its a trustable market to trade I won't be diving in , I think powell at present is talking it down to avoid it rivalling the US$ or gaining ground as such - then all of asudden we'll have a digi currency backed by the USA which they are now happy with which will then be "the" digi currency to own, unless China get there first!!!!!! Whatever, happens, I'll still trade the SP500, FTSE100, FTSE250, EURUSD, GOLD and Corn, Soybean etc as per usual
    1 point
  27. Australian politicians are just reading straight off WEF great reset cue cards now. If the global elite gets its way, draconian Covid controls will be a warm-up act for totalitarian "climate change" policies that will severely restrict the mobility of ordinary people and crush their standard of living. Richard Wellings @RichardWellings 1h Terence Corcoran: From vaccine passports to personal carbon passports: Get ready for CLIMATE-21 fossil fuel virus lockdowns | Financial Post
    1 point
  28. Hi @jlz and @THT, El Salvador's bitcoin law states the market will establish the exchange rate between the cryptocurrency and the U.S. dollar, the nation's other legal tender. It says all prices may be expressed in bitcoin and tax contributions can be paid in digital currency, while currency transactions in bitcoin are not subject to capital gains taxes. The central bank presidents for Honduras and Guatemala both said the banks were studying digital currencies with the aim of eventually introducing them into the economy, including via a central bank digital currency. Officials said on Wednesday, following El Salvador's adoption of Bitcoin as legal currency.
    1 point
  29. Hi I want to code my trading strategy in ProRealOrder for automated trading. I believe the new version of ProRealTime allows you to code an automated trading strategy using multiple time frames (1hr, 4hr, etc) in the same code. Does IG support this multi time frame coding and in particular stop loss triggers / trailing stop loss triggers in the code using multiple time frames? thanks Anjalie
    1 point
  30. yes you're right I normally do post sources, the difference now is I don't waste time on your diversionary bull*hit.
    1 point
  31. It is not about you or me. There are plenty of users that read this forum and I just want them to double check your posts. So where is that URL that backs your screenshots? I can tell there isn't one, otherwise you would have posted it already. Too bad, you are exposed again.
    1 point
  32. Hi, the ETFs you refer to are all US-domiciled ETFs which are not available to UK investors given that they do not produce a Key Information Document (KID). This is part of a set of EU investment regulations designed to protect consumers (PRIIPs stands for Packaged Retail Investment and Insurance Products). More info here: https://www.etfstream.com/features/etf-insight-european-investors-set-to-be-impacted-by-kid-requirements/ Instead, you can invest in UCITS ETFs which provide such documentation. I have given some examples of UCITS ETFs below which are also listed on the London Stock Exchange which will give you a similar exposure and also help to keep you costs of investing down. But others are available and please do your own research on these before investing. Vanguard Total Stock Market ETF (VTI) and Vanguard S&P 500 ETF (VOO) have performed similar to Vanguard S&P 500 UCITS ETF (VUSA) given the vast majority of their exposure is to US large cap stocks. CSP1 invests purely in S&P 500 stocks so has a slightly lower exposure to smaller cap stocks than VTI. Over past three years VTI has outperformed CSP1 by 1.45%. For Vanguard Total International Stock ETF (VXUS), unfortunately I haven’t been able to find a UCITS alternative. You can see the country breakdown in the link below and could look to replicate the majority of its exposure using some single country ETFs: https://investor.vanguard.com/etf/profile/portfolio/vxus Alternatively, we have a range of managed portfolios called IG Smart Portfolios which give investors access to a range of international equities. You can add an IG Smart Portfolio in the dashboard area of My IG. More information on these can be found here: https://www.ig.com/uk/investments/smart-portfolios
    1 point
  33. Hi @baltimix, The Demo account simulate a CFD account. On a share trading account you can't add a Stop Loss https://www.ig.com/au/help-and-support/investments/share-trading/can-i-add-a-stop-or-limit-to-a-share-trading-position You can see Order type : Quote or Limit Order because the market is closed at the moment ( on the screenshot), Once the market is live you will have more options. All the best - Arvin
    1 point
  34. Hi, the leverage settings are fixed, I'm not sure what the units are but it works out as per regulators max for whatever market. You can't change the leverage but you don't have to use it all, you decrease the amount you use by decreasing the trades position size. If you download the IG MT4 apps pack and devote a random new chart to the 'Trade terminal' EA it gives much more info on margin available and margin in use, etc - (similar to what appears on the IG web based platform).
    1 point
  35. 1 point
  36. Hi, with IG you can't sell shares you don't own on the share dealing platform. You would need to use one of the leveraged platforms such as spread bet (UK ) or CFD.
    1 point
  37. Hi @Nancyantonios All the best with your trading. MongiIG
    1 point
  38. Hi @amilio, With the L2 Dealer platform you can trade shares and forex CFDs more details here. The commission is the same as IG commissions dealing through the IG platform directly. All the best - Arvin
    1 point
  39. HI @blitzjoker, Please reach out to helpdesk.uk@ig.com, the IT team will be able to look into your query and advise if the limit can be increase. All the best - Arvin
    1 point
  40. That's the answer...doesn't show on delayed markets. Thanks. Although that doesn't make any sense
    1 point
  41. Hi @syed, For updates on your application please contact accountopening.en@ig.com. Once the account opening team verified your documents they will need to complete the application to make your account live. All the best - Arvin
    1 point
  42. Hi, there is a good document at: https://www.ig.com/uk/trading-platforms/l2-dealer#get-started Click on "Download L2 Dealer manual" link, it should download the document for you.
    1 point
  43. hello thank you...it was not loading any thig. but today its working fine and I can see my old trades
    1 point
  44. Hi @andy @nit2wynit Thank you for the feedback We have alerted our developers to the issue and it is currently being investigated under the following reference number INC0571793. We hope to have it fixed soon. Kind regards Anda
    1 point
  45. Hi, yes there are free download mt4 experts with variable inputs to do that. There are even videos on how to write your own mt4 code. I presume the IG API platform can be coded to do the same.
    1 point
  46. not sure what's happening there, I'll try a matched live/demo trade tomorrow to see.
    1 point
  47. Definitely not for fool. I'm not you just need a good strategy. Took a while to polish mine. But since trading with IG, let's just say I took my original capital invested when I first started and basically just trading on profits now. I average about £2k/week now and thinking about doubling my capital. This is my weekly gains attached. Not sure why people lose money but I can only speak for myself and my own strategy.
    1 point
  48. Mine was resolved recently. Nationwide had made a mistake - IG hadn't cashed the cheque that was sent to them. They were able to cancel the cheque and restore funds in my ISA so I could transfer this elsewhere. Throughout IG customer service had been a nightmare - repeatedly web chat promised to come back to me by the end of the day, but never did so. Putting the problem back to me to resolve. Refusal to escalate. On the phone they said they had just received the funds and will be credited to my account in 24 hours (untrue). Knocked my confidence in IG enough to transfer elsewhere, which is a shame as the ISA product is perfect for me (flexible, £3, lowish fx), and there isn't really an equivalent elsewhere with these features. I have a large spread bet position with them which I feel worried about now given what happens when there is a problem. Good luck with yours!
    1 point
×
×
  • Create New...