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Showing content with the highest reputation since 26/10/19 in all areas

  1. 44 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. 17 points
    Both through the web platform and ProRealTime... I cannot close out an open position on US500... IG are you going to refund any money lost because of your techincal error?
  3. 9 points
    One of my open positions have disappeared form the positions tab. I had a total of 5 open positions, the number beside the positions tab says 4. There are only 4 positions displayed. However the account totals row in the bottom is behaving like the last position is still there, the total positions sum takes into account all 5 open positions, likewise with the market value and profit/loss columns.
  4. 9 points
    Hi - facing a new issue on the platform. My charts are being wiped out and set to the same default every few minutes/seconds. No matter what I configure, within a few moments it defaults to a 5min candle stick with no other indicators - what is happening?
  5. 8 points
    Hi IG, Any plans to become a supported broker on Tradingview? I like the IG web platform but Tradingview stock screener is great and would be nice to trade from there. https://uk.tradingview.com/brokers/
  6. 8 points
    I am Not able to see open positions. The customer hotline is also not working. What is the issue. Rectify ASAP.
  7. 7 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
  8. 7 points
    Don't fall for it. Don't try and catch a falling knife. Manage your risk - use stops and guaranteed stops for the love of god if you're looking to hold stocks over night or ANYTHING over the weekend. If you're in to intraday trading think about options (my thing of late - check post history if you want) which manage risk when buying and stop you chasing losses. Get those alerts and notifications set up on your phone. Diversify a portfolio with some defensive stuff as well. Read read read read read the news people. Take a step back. Think about it. Actively say you're going to cut the emotion. ONLY THEN make your trade. Never risk more than you could lose. Any other things which would help? Lets share over this economic mardi gras...
  9. 6 points
    Hi, Is there anyway to get AUS tax statements from IG platform? Cheers
  10. 6 points
    Righto, having used this web platform every day for the past year it decides to go mad. Really important trading day... every 30 seconds or so, every bleedin' drawing I've made, adjustment to chart, timeframe etc all resets back to a default 5min and deletes all drawings WHAT IS GOING ON!!
  11. 5 points
    To make your trading plan and trade strategy just answer these questions then move on to the testing section below. 1/ TRADING PLAN a) System What type of trader will I be? Swing, trend trader, trend follower, day trader, Elliot Wave, Fibonacci, option trader, another, or a combination? What time frame will I be trading on? What will I be trading? Will I trade long or short or both? What has to happen to invalidate my trading system and make me look for flaws in my thinking? b) Psychology How big of a position size can I mentally and emotionally handle trading? Does my chosen trading method fit my personality for activity and risk tolerance? Do I actually enjoy trading? Do I have the mental strength to persevere until successful in trading? c) Risk How much of my trading capital will I risk per trade? How many losses in a row with this level of risk will lead to blowing up my trading account? How much will I lose at one time if all my open positions go against me at the same time? How correlated with each other are all your open positions and your potential trading vehicles that are on your watch list? 2/ TRADING STRATEGY What signals my entry? What will signal my exit? Where will the initial stop loss go? Do I use a trailing stop or a price target to lock in profits? What is the probability of my trade working out based on historical data? (see testing below). STRATEGY TESTING Ok, so you've discovered that a random approach doesn't work so you've found a strategy but you'll have no confidence to trade with real money until you've proved to yourself it actually works and that means testing and collecting data over a number of trades on demo first. The simplest data to collect are the win rate and the average risk/reward ratio of say 20 demo trades, you can then plot these onto a profitability graph to see if the strategy actually works before you risk real money. To collect the trade data you will need a simple spread sheet, try this one https://forums.babypips.com/t/free-excel-trading-journal/52738 Just fill in these 9 green boxes for excel to auto calc the Win rate and the average Risk/Reward Ratio. The date is by drop down box as is the asset, you can change the list of assets to whatever on the 'List Variables' tab. Use the Take Profit as the exit price even if it's a loss and leave the Exit Price column blank. Take the Win Rate and the Average RRR and plot them on the graph, anywhere above the red line is profitable, below the line is not. NB/ The journal works fine on windows excel but if opening it in Windows 10 OpenOffice you will get the 'invalid entry' pop up for columns G,H, and I, click on the letter to highlight (G, H & I) > data > validity and uncheck the 'show error message'. OpenOffice has also allocated the currency dropdown box for G, H & I so just ignore. So now you have a trading plan, that probably won't change much unless your circumstances change, and you also have a trading strategy to bolt onto the plan, you may have 2 or 3 of them, say a buy the dip strategy and a breakout strategy, and you also have a means to test that strategy on demo to gauge if it really does have a chance of working out on a live account. You may go through a number of strategies or make changes and retest again and again before finding something to test on a live account but at least you're not losing real money to find out if it really works or not because if it doesn't work on demo it won't work live. Best of Luck
  12. 5 points
    A well defined plan will get rid of all your emotions. Trading has to become a boring job to be profitable, one that you do without getting any feelings from it, very close to what a robot would feel if it would behave like a person. If you are able to take a loss and continue like nothing happened then you are handling just numbers. If the meaning of taking a loss is no longer similar to a painful feeling you have reached a milestone. Two years ago I told every single one I met that I was getting into trading, it was so exciting that I didn't understand what I was getting into. Today I don't even talk about it with anyone, my relatives think that I stopped all together. I avoid getting into any conversation about it with anyone, very much like I would do with my IT job. No one is interested in hearing about my job, so trading has to become the same, another job. When is no longer exciting, loses don't produce pain and the only way to achieve that point is by executing a system step by step. When everything is scripted you know what is going to happen, you are expecting the result way ahead it comes, so feelings are way more reduced. There are many books on the topic but one I like is this podcast: https://www.youtube.com/watch?v=B9Z9qUTTuhA There are a couple of parts, they gathered together good advise for retail traders.
  13. 5 points
    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 option. And if not, could you ask your technical team to allow them quickly? I agree I could use PRT as there are tickers on theirs but there are things that I don't like, like it doesn't show the amount of money used from balance when purchasing a stock unlike IG platform, so you go a bit blindly and i don't like that. Thanks and sorry for the rant but needed to say it. Cheers!
  14. 5 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.
  15. 5 points
    Limit (take profit) orders on daily and weekly options would be nice
  16. 5 points
    Web app and mobile apps are not working in the middle of the trading day! This is precious money making time but IG is making it going bankrupt time!
  17. 5 points
    The same thing happened to me after the scheduled maintenance today. I'm missing seven positions! The sum total seems correct. I've just shot an email to the helpdesk. I'm assuming they're going to be receiving a lot of these emails, and I sure hope they get this fixed pronto.
  18. 5 points
    Hi, wonder if could offer a bit of friendly advice? It seems to me that you could really do with introducing some urgent risk management into your trading. Monitoring large positions is essential, as is learning how to cut losses, not adding to positions that are already seriously in the red. Can highly recommend a book by Mark Douglas called 'The Disciplined Trader' - it's a great read and could help give you the mindset to protect your capital in future and avoid these kinds of situations arising. IG will give margin calls as appropriate, but are under no obligation to notify you that your portfolio is being decimated as you put it. Really sorry that you're so badly under water...but learning to cut losses quickly is the best way to avoid serious losses (and significant overnight funding charges).
  19. 4 points
    Still can't quite work out why we are deliberately destroying the economies of every first world nation because of this flu virus. Yesterday I went shopping at the local mega supermarket where the shelves were all well stacked and I happily mingled with well over a hundred people doing our shopping but I'm not allowed to go to the local pub (avg 20 people) or the local gym (avg 20 people). The latest stats on US cases I saw was on Friday night where it was reported 99% of cases were classified as mild (normal flu like symptoms) and 99% of deaths were in the over 70s age group. True the death rate for WuFlu is higher than common flu currently 1% vs 0.1% in most western countries. Italy is looking like an outlier compared to the rest at this stage and no one seems sure what's going on there. Also is the fact that most of the US cases are in just 2 large cities with the rest of the country relatively unaffected. For example the state of Arizona has 7 million people and is now in total lockdown because of the death of 1 person (over 70 years old with an underlying medical condition) and people are starting to ask why? The WuFlu cases are still nowhere near the number of normal flu cases where a week off sick is all that's needed for over 99% of sufferers. I understand the use of containment in the prevention of the spread of a disease but also know that if triggered too early has no affect other than causing bankruptcies and despair, my heart bleed over selfies on twitter of Sam Smith in tears all alone in his 11 million pound mansion 😪. In less than a week of lockdown some commentators are claiming it a great success because the infection rates are continuing as before (not rapidly expanding) hmmm. None of this seems to fit together unless there is something huge we are not being told.
  20. 4 points
    The forum has an option to ignore users but unfortunately it doesn't remove them from the grid. It just blanks their content creating a weird state where you still see the user but you can't see what they are posting. I created a small script that you can add to your browser with the TamperMonkey extension. This extension is very famous among IT fellows in order to remove users from their feeds. It is widely used on Facebook. Attention seekers are completely ignored after installing it. Chrome extension: https://chrome.google.com/webstore/detail/tampermonkey/dhdgffkkebhmkfjojejmpbldmpobfkfo?hl=en Opera extension: https://addons.opera.com/en-gb/extensions/details/tampermonkey-beta/ After the installation within the settings page you can install the script that will do the job. The script is at https://github.com/oneangrytrader/TamperMonkeyScripts/blob/master/IgRemoveToxicUser.js Save the content of that script to a local file and add it to the extension. Within the script there is a variable called users that you can edit to add the user you would like to remove. The result is below with a couple of pictures: All Users Filtered users
  21. 4 points
    actually more people would contribute if they felt they could express an opinion without some ignorant little troll jumping up and down insulting and flaming them at every opportunity. The perpetual negativity in the face of any evidence to the contrary gets extremely tiresome and leads people to better trading forums where the moderators actually take an interest and stamp out blatant flaming.
  22. 4 points
    An active mind needs to pass through all the stages including the ones we consider negative. I always like to refer to this painting when I talk about this subject. https://en.wikipedia.org/wiki/The_Sleep_of_Reason_Produces_Monsters The one that we must control is anger because produces an effect in others, normally a negative one. But the ones you have described are perfectly fine if you understand them as part of your personality. A person cannot be forever happy neither sad. We inflict guilty to ourselves when we don't reach happiness because of those never ending marketing campaigns that are forcing us to look for it. Trading magnifies the adrenaline rush of regular emotions so either the peak of the decline of what would be a normal state of mind gets magnified as well. A person can get addicted to adrenaline and create a behaviour to produce it, hence here we are on Sunday night looking at the clock counting hours to have a go again.
  23. 4 points
    Dear team New user here and I have a quick question. I came across to your platform due to the competetive brokerage fees and I am happy enough so far. But I must say I'm surprsied to discover that the basic layout / functionality of all other trading websites I have used is missing. In particular, the ability to export your CURRENT positions as an excel file (CSV, etc). I'm not interested in exporting my trading history - I wish to export my CURRENT positions so I can do some analysis of my weightings etc. This is a core routine task performed by sophistocated and amateur investors, yet it is missing from your otherwise very sophistocated platform. Such a basic product feature but bizarrely missing? And while I am here it is worth suggesting that you should also copy your competitors and have additional (optional) tabs in the Positions screen - such as showing your positions in your domestic currency and also your individual P&L expressed as a % for each individual holding. Your help in relation to the Excel question most appreciated.
  24. 4 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...
  25. 4 points
    Please add the option to reset the demo account entirely. We are only able to add funds to the account and that is not always what we need. It would be better if we could reset positions, transactions and activities as well. When we are testing techniques, any other data from other techniques is not relevant. I believe this will improve the need of storing useless data in your databases, demo accounts will get a lot cleaner. Right now as an example I have more than 60 positions completely stuck and can't do anything with them. After a couple of hours they normally reset and can action on them again, I am used to it and many users have reported the same behaviour in the past. A reset button could remove many queries to the support team. We don't need to bother them with issues on the demo environment.
  26. 4 points
    Need STOP LIMIT feature For Trade analytics, to show PERCENTAGE RETURN for specific time period, let say monthly basis at very basic.
  27. 4 points
    Sorry to go on. Just wanted to add one more thing. You provide PRT access at a £30 per month value for free if we trade a certain number of times. How much would it cost for you to provide access to TradingView.com (link your APIs and whatever to their platform so we can use it to trade with IG), and if it's a similar price to PRT could I please get TradingView instead? PRT is clunky, old-fashioned, missing many useful features and French.
  28. 4 points
    IG, please can you add the option to remove Saturday and Sunday candles from MA and Pivot Point calculations. This has been asked for for f*king ages. Just recently someone added four hour calculations to the Pivot Points, have no idea who requested this but it's not as important as getting rid of weekend candles f*king up Monday's data.
  29. 4 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
  30. 4 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.
  31. 4 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
  32. 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.
  33. 4 points
    It really is unacceptable. I’ve been trading with IG for 4-5 years and experienced various outages and frustrations with the stability of the platform, typically at the most inconvenient of times. However, these outages in the last 24 hours are serious. Calling to deal doesn’t help when market volatile.
  34. 4 points
    Trading app is very unstable. Could not see my open position. Can't close my position. Same thing happen 12 hrs ago. Please rectify it asap. I need to close some position.....this is terrible. Will you bear if there are losses.
  35. 4 points
    Usually IG does refund if the error is 100% theirs but often you need to provide yourself Screenshot and video... which is a little ridiculous. I'm now using a Desktop recoding tool every single time I trade with IG because last time there was an outage I couldn't close some long position I had which then endup being all negative. I had luckily took a video with my phone as a proof otherwise theyr would have not refund anything.
  36. 4 points
    is there a reason I'm still getting charged commsion even though I'm making 3 trades a month?
  37. 4 points
    I queried this via IG support chat before opening my ISA. I was advised the custody fee would only be applied once for both Share Dealing and ISA and only then if a minimum of 3 trades were not made in the previous quarter (in either account or in a combination of the two). A dealing account with zero holdings would not incur a custody charge anyway, as it's a fee for holding custody of shares, rather than an account management or inactivity fee. In a similar way, 3 trades made in my dealing account in March entitled me to the £3 UK commission rate and free US dealing in my ISA account from the moment I opened it on 6 April. Hope that helps.
  38. 4 points
    Hi MAKTRADER6970, I puzzled by this as well. You're right this is not how options really work. I trade options all the time in the US and make money by selling calls on shares I own and selling puts on shares I want to buy. When you sell you should get the premium immediately the option is sold. J_Bernard appears to be correct. We're not buying and selling options just betting on the option prices. You can't use them sensibly or profitably, so I think we should not bother with them. It appears to me CFDs and spread betting is just that - gambling where the broker wins every time.
  39. 4 points
    Trading FX these are the sort of indicators you need, matching what is currently strong vs what is weak, not stuff on patterns and macd, rsi or whatever. The first pic is from Nov and out of date but the second is of yesterday, maybe I should include something like this in the daily dashboard? Vote a like for yes or a sad for don't bother.
  40. 4 points
    Thanks for the responses guys. As I phoned them to discuss the situation I had a voicemail from my account manager cancelling the trade as they suspected it was a mistake. Great service 👍
  41. 4 points
    The ability to have two separate instances of two different trading platforms in two different tabs of my browser. Right now if I navigate to the new share dealing platform in one tab, my spread betting account in the other tab automatically redirects to the new share dealing platform also. Totally unnecessary.
  42. 4 points
    they never really advertise it but think its worth noting
  43. 3 points
    Makes a lot of sense. That's how he funds his trading account which he constantly blows up We got you dmedin, we finally got you 😎
  44. 3 points
    Remember trading is not 100% certain - we are working on probabilities People massively misuse Indicators - If you use Indicators properly they can serve a few purposes 1 of which is that they can identify cycle tops and bottoms The BIG question is, is this cycle bottom a swing low to a continuing uptrend or a temporary swing low followed by a LOWER swing high which then goes on to form a new swing low? The answer to that NO-ONE knows - hence why you have to trade smart, to a plan and execute everything to that plan/strategy Because of all the Ifs/buts and maybes you HAVE to trade according to your outlook This could be the start of a new bear phase, or it could be simply a correction in the uptrend and continue onwards My analysis is its mixed - the highest probability is that this is just a correction though - What we need to SEE is price action over the next few days as taking out the swing low is bearish if closed below The Indicators "IF" they do a full cycle (OS up to OB zones) should see price rises - If the Indicators do that but price is flat then that is bearish the chart is the DAILY chart
  45. 3 points
    People will say that patience is important in trading but it's nowhere near as important as discipline. Most people can't stick to a basic strategy for love nor money, we have to tinker, we tell ourselves these adjustments are improvements and continue on till there is no semblance to the original and then discard it and move onto the next thing having decided it doesn't work without realising we didn't actually give it a chance. Find a simple strategy with cast iron entry rules and add a fixed stop loss and profit target amount so that when the alarm goes you just hit the buy or sell and then forget it. Backtest and forward test to prove positive expectancy. If it actually works over a fair number of trades try it out live with minimum bet size. If your account grows have a fixed time period to reassess bet size. Have a max amount you are willing to lose per week, once hit stop trading till next week (market conditions not conducive to your strategy). Discipline can only be applied if the objective is fixed. Fixed entry rules, fixed loss and target, fixed periodic position size adjustment, fixed max weekly loss amount. Working in the industry is probably more a hindrance than a help and just saying 'walk away' is not much use, hope the above might help.
  46. 3 points
    Hi, With respect to share dealing, you need to implement a proper stop loss system - so you can put a stop on all shares. Most importantly though, develop a separate system for share dealing, because simply porting across the spreadbetting ethos and programming isn't sufficient. Once you've had a look at these suggestions and decided what you're going to work, produce a timeline by which you're going to roll them out and give regular updates. It's nice that you're asking, but even a cursory look over the forums will show that you've 'recognised it's a function we want' but failed to do anything. I found a post from April 2017 asking about dividend reinvestment and IG have done nothing. So, stop thinking about spreadbetting and share dealing in the same way! The ethos and customer requirements behind both are completely different. At the moment you're a speadbetting company pretending to be a online stockbroker. Sartois p.s. If you're wondering why my message seems a bit grumpy, it's because I've just switched my ISA to you and in hindsight I've just jumped from the frying pan into the fire.
  47. 3 points
    Unable to access prorealtime. Any ideas?
  48. 3 points
    This is the second outrage in 24 hrs. I live in Singapore and I can’t see my opened position. The first outrage occurred on Thur (21 May) at around 10.30pm local time whereby I can’t adjust my stop loss. Where is the recourse for the losses? I am switching to CMC MARKET after this incident.
  49. 3 points
    IG SHOLULD BE HELD ACCOUNTABLE FOR ANY LOSSES. CAN ANYONE TELL ME WHY NOT ?
  50. 3 points
    I bought a small lottery ticket Dow weekend size 0.25 and then closed manually 0.15 and kept 0.1 open then 15 minutes before future reopen they (IG) closed the weekend Dow and opened a position in cash Dow Same size and no extra spread
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