["rising buy" option]

Like this? (DFB/CFD)

 

[NDX]

Nasdaq monthly

10 year trend channel

Aggresive call buyers made it go "thru the roof"

Will the parabolic move continue or is it back in the channel again?

I would say back in the channel, but with all the stimulus and manipulation going on who knows?

As long as the upper trendline holds (support) i suppose buy the dip continue?

[Add another zero Jerome]

They say that stocks take the staircase up and elevator down

Lets see how fast the elevator can go when the time is right?

I guess puts are going to be expensive?

https://sentimentrader.com/blog/massive-surge-in-speculative-trading-again/

 

[How to set stop loss / take profit on options?]

Is it possible to close a open options position using the api? (i doubt it)

at x % loss or profit

 

What's available?

Trade a range of popular asset classes:

• Indices
• Forex
• Commodities
• Binaries
• Options"

https://labs.ig.com/

[Prorealtime]

I have the DOW system still running on demo (closed Dax in July)

So far only 27 trades in 4 months and still lag buy and hold

Buy and hold 4 000 points and system 3 300 (but with a 219 points trailing stop and max DD 810 points)

Its hard to beat buy and hold when its trendig like this, lets see what happens when we get a correction of 10-20%?

[Confused with Options]

100 trades on demo (or more) should get som insight

[Does 'repainting' invalidate graphical backtesting?]

Why use tradingview when you can use prorealtime?

https://backtest-rookies.com/2017/11/29/tradingview-indicator-repainting/

[Issue with amending stop level]

Had some problems months ago when i tried to move a stop

I then deleted the stop and attached a new one and problem solved

 

 

[Lufthansa]

and 4-hours

Resistance 9,22

[Lufthansa]

Daily

potential double bottom?

[Lufthansa]

Well getting tired looking at DAX drying paint i used this new indicator in Prorealtime and had a look at stocks in DAX30

This is Lufthansa monthly

https://www.prorealcode.com/topic/prt-bands-the-prorealtime-trend-following-indicator/

[Trade Planning and Testing]

On 11/08/2020 at 15:01, dmedin said:

I did the same thing on Dax, Tom, and got a similar win rate (49%)

This is the running equity position, based on points  It's wonderful!  I'm already trading this system on multiple markets

Sell it to Jim Simons for a million or two🤑

https://markets.businessinsider.com/news/stocks/jim-simons-renaissance-technologies-rentech-apple-amazon-tesla-stock-2020-8-1029504458#

[SpreadBets - Trailing Stops & Guaranteed Stops]

And they change the min G stop distance sometimes (see nr 2 from help)

"

Why am I unable to edit my guaranteed stop?

Generally, guaranteed stops can be edited after you add them. However, there are some scenarios in which you won’t be able to edit your guaranteed stops:

1. The market is closed
When the market is closed, you can only move your guaranteed stop further away (increasing your guaranteed stop distance). You will not be able to move your guaranteed stop nearer.

2. An increase in the minimum guaranteed stop distance
During periods of increased or expected market volatility, we may increase the minimum guaranteed stop distance as compared to the initial guaranteed stop distance. In such situations you will have to adhere to the new guaranteed stop distance when amending your guaranteed stop.

[Markets disappear on weekends]

1 hour ago, Caseynotes said:

oh ok, I don't know what 'Turbo' markets are, don't think we have them in the UK.

"

08 Oct 2019

IG is pleased to announce the launch of its turbo24 product. From today, traders can trade IG’s turbo24 on-venue product 24 hours a day, 5 days a week across France, Germany, Italy, the Netherlands, Norway, Spain and Sweden. The turbo24s will be offered through the Group’s IG Europe subsidiary, based in Frankfurt."

https://www.iggroup.com/newsroom/press-releases/year/2019/ig-launches-tradable-turbo-warrant

[Is it Just Me - Where are the bears???]

With all the stimulus and money printing the bubble can grow much more

Maybe some dip if Biden wins the election? (or before if it seems for sure)

or maybe if the Robin hooders all sell and short at the same time😉

https://markets.businessinsider.com/news/stocks/robinhood-june-darts-beat-td-ameritrade-schwab-amid-market-volatility-2020-8-1029488598#

 

[How to set default contract for trading]

Create a watchlist and add whatever?

[Whats your record for the most losing trades in a row?]

Here is one system with 16 losses in a row😁

(on demo)

Time to tune up or terminate😉

[Day trading- 3 months later, my experience]

53 minutes ago, DavyJones said:

 

Cheers, I made a post about the exact same thing , up $87, profit -£52 in 2 mins! Will check out Degiro. 

 

One personality trait I noticed, I turn on my IG account , check the markets, news and usually with 15minutes I make a trade. That makes no sense, Its like I am just looking for an excuse to trade  . A good trade didn't happen to coincide with the moment I randomly decide to open IG 

 

 

I am still leaning towards there are profits to be made if you put in the hard work and further that you need to focus on particular assets. I trade silver more that anything and have about 70% hit rate now, however my one trade yesterday wiped out twice anything I made on silver since I started! Dumb mistake, I could have sworn I put on a stop with PRT but on the IG platform it did not registered , I should have checked! Was £250 up, went to supermarket came back £1400 down! Same with Gold, was 350 up, swing trade running last few days, stop moved up to swing low within 30 mins it dropped and stopped me out at £5 up,  I didn't sleep well last night, turning over in my mind what thinking about how reckless I was! That could be the half bottle of whisky I drank though to drown my sorrows. haha

 Again it's these these foolish mistakes are costing me badly. However I suppose the positive side is they that are fixable mistakes, 

 

Maybe options?

 

[Features you want added to IG]

I saw something "new" at another "shop"

They have this what they call Basket, a CFD/DFB with 5 similar stocks in the same sector (like FANG)

Less risk and no comission (except spread)

This one they call ESPORTS

 

[Broker Pepperstone Hacked]

City Index also had some problems in April 

"Financial trading and spread betting service provider City Index has informed users of a breach of their personal data, including names, dates of birth, gender and bank details."

"In an immediate response to the incident, City Index sent an advisory to affected clients suggesting that they reset their City Index passwords and consider also resetting the password if it is used for other accounts the client may have elsewhere."

 

https://www.infosecurity-magazine.com/news/city-index-data-breach/

money never sleeps = criminals never sleeps

[Features you want added to IG]

Limit (take profit) orders on daily and weekly options would be nice

 

[Nikola Corporation]

The chart looks like a daily option on Dow🤠

 

[Imported Standard Deviation Channel indicator from ProRealCode.com]

Click on the wrench on the chart (top left)

Then you add indicator in the price settings

[Trade Planning and Testing]

For those that are new to backtesting and optimizing

Be careful with the "black swan" (corona) outlier

I personally would not use that data, (only pre and after)

 

[Something Interesting]

What does Robin Hood have that others dont?

I mean with all the "shops" in UK why is 250 000 waiting for a new shop?

" There was a waiting list on the site with over 250,000 sign-ups before the UK website was taken down. "

https://www.finder.com/uk/robinhood-stock-trading-app-postpones-its-uk-launch-indefinitely