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AndaIG

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Everything posted by AndaIG

  1. Hi @als1963 Thanks for reaching out. The price on PRT is set to the mid price for all instruments by default. Unfortunately this cant be changed as can be done on the IG platform. All the best, Anda
  2. Hi @EddyStone With corporate actions we aim to replicate what has happened in the underlying market. The likely scenario is that you would get positions in the new entities and your shareholding would fall in proportion to the terms of the corporate action. Please see the following: https://www.ig.com/uk/help-and-support/corporate-events-and-dealing/corporate-action-events/what-happens-to-my-shares-position-if-the-company-performs-a-spi1 All the best, Anda
  3. DOW JONES, ASX 200, HANG SENG, RETAIL EARNINGS, TECHNICAL ANALYSIS – ASIA PACIFIC INDICES BRIEFING Dow Jones soars on rosy retail earnings as Wall Street aims for a strong week Traders brush aside softer US GDP figure, where internals are still encouraging ASX 200 and Hang Seng Index may rise, but will their breakouts last for long? THURSDAY’S WALL STREET TRADING SESSION RECAP Market sentiment notably improved over the past 24 hours. On Wall Street, futures tracking the Dow Jones, S&P 500 and Nasdaq 100 climbed 1.63%, 1.99% and 2.82% respectively. This means that on average, the stock market is heading for the best 5-day performance since March if sentiment holds up heading into the final 24 hours of the week. Taking a look at the sectoral breakdown of the S&P 500, it was very clear where the most optimism could be found. That was in consumer discretionary shares. During Thursday’s Wall Street session, a slew of upbeat views from retailers such as Macy’s (+19.31%), Dollar Tree (+21.87%) and Dollar General (13.71%) helped improve market sentiment. This was despite softer-than-expected US GDP data. Economic growth contracted 1.5% q/q in the first quarter versus the -1.3% estimate. That was the first decline since Q2 2020. However, the internals revealed that this was primarily driven by ongoing strength in US imports. Personal consumption, the heart of the US economy, gained 3.1% versus 2.5% in the first quarter. S&P 500 SECTOR BREAKDOWN 5/26/2022 Data Source: Bloomberg FRIDAY’S ASIA PACIFIC TRADING SESSION – KEEP AN EYE ON SENTIMENT, AUSTRALIAN RETAIL SALES With that in mind, the upbeat mood on Wall Street is setting things up for some follow-through during Friday’s Asia-Pacific trading session. This could leave regional benchmark stock indices, such as Australia’s ASX 200 and Hong Kong’s Hang Seng Index, in a position to capitalize on ebbing volatility. Given the Reserve Bank of Australia’s increasingly hawkish pivot, traders will be closely eyeing local retail sales. Those are expected to rise 1.0% m/m in April from 1.6% in March. A stronger outcome could risk paring back the ASX if this leads to traders looking at an increasingly hawkish central bank. ASX 200 TECHNICAL ANALYSIS On the 4-hour chart, the ASX 200 appears to be trading within the boundaries of an Ascending Triangle chart formation. The direction of the breakout could hint at the next key move for the Australian benchmark stock index. To the upside, that would expose the 200-period Simple Moving Average (SMA). The latter could still reinstate the downside focus. Otherwise, breaking lower may see prices revisit the 6881 – 6912 support zone. ASX 200 4-HOUR CHART Chart Created in TradingView HANG SENG TECHNICAL ANALYSIS On the 4-hour setting, Hang Seng Index futures are attempting to break above a falling trendline from February. However, prices are pinned at resistance, around 20670. Pushing upward would place the focus on the 21202 inflection zone, perhaps raising prospects of retesting the April peak at 22670. Otherwise, a false breakout would shift the focus back towards the 19913 inflection point. HANG SENG FUTURES DAILY CHART Chart Created in TradingView Written by: Daniel Dubrovsky, Strategist for Daily FX Source: Daily FX
  4. Hi @GTW Thanks for reaching out, This is a demo specific issue, you can reach out to helpdesk.uk@ig.com to arrange for the erroneous positions to be deleted or if you would prefer for the demo to be reset. All the best, Anda
  5. Hi @padthai Thanks for reaching out, We are still waiting to receive these shares from our broker. So none of clients would have received their allocation at this point. All the best, Anda
  6. Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Greed can very easily turn good trades into bad ones and bad trades into worse trades. This article provides a number of tips to control greed and how to stop it interfering with your trading success. WHAT IS GREED IN TRADING AND HOW DOES IT IMPACT TRADER SUCCESS? Greed can be described as an intense desire for something and often manifests as the intense desire for wealth. This can easily get out of hand when the market moves against traders but is equally likely to negatively influence trading decisions on winning trades. Examples of greed when trading: ‘Doubling down’ on losing trades Adding capital to winning positions Over-leveraging Greed can alter your mental state, harnessing your focus to maximise utility/happiness/wealth. The desire for these things often results in traders placing trades they otherwise would never have thought of executing. Furthermore, greed poses a threat to the trading account. Doubling down, adding too much capital to winning positions, and over-leveraging can quickly result in a margin call or can deplete account equity. Top example of how greed impacts trading The chart below provides an example of the negative influence of greed. The chart shows a scenario where a trader enters a long position in EUR/USD (without a stop) after the large green candle, hoping that that market moves higher. The market moves lower and places the trader into a losing position. Greed may entice the trader to not only maintain the existing position but to open a new long position when the market shows signs of turning around (the second blue arrow). The idea of buying at this relatively low point and turning a losing trade into a winner can overwhelm traders. Furthermore, such greed can blind traders to the degree that it is possible to trade in the opposite direction to the trend without even noticing. Greed is often accompanied by other emotions, such as fear. Fear appears many times in a trader’s journey which is why it is essential to learn how to manage fear from the onset. HOW TO CONTROL GREED WHEN TRADING Fortunately, greed can be controlled and overcome like all emotions. With time and the necessary discipline, it is possible to execute trades without greed getting in the way. Greed can be seen as the opposite of discipline. Individuals that are disciplined very seldomly fall into the greed trap as they have some sort of plan and stick to it. Trading plans and trading journals are a great way to keep traders on the right path and not be tempted to enter trades that deviate from the plan. Traders should also consider setting strict stop losses and target a number of pips to the upside before entering a trade. This is referred to as the risk to reward ratio and was found to be the single most important trait of successful traders. It’s important to remember that managing and dealing with greed is not something that will be resolved over the next couple of trades. However, traders that are conscious of how greed can negatively influence trading and implement the above points as part of a trading regimen, will be taking positive steps toward the goal of “greed free” trading. Written by: Richard Snow (Analyst, Daily FX) Source: Daily FX
  7. Hi @Brokenabrokena Thanks for reaching out, stops and limits are only available on our leveraged products i.e. CFD or spread betting. On share dealing one can only place on exchange orders or trade at quote (UK shares only). All the best, Anda
  8. Hi @joncortab When funding by bank transfer you only need to ensure that you use your account ID as the reference. In order to verify your bank details please see the below link: https://www.ig.com/en/help-and-support/deposits-and-withdrawals/withdrawals/how-do-i-verify-my-receiving-bank-account All the best, Anda
  9. Hi @joncortab Thanks for reaching out, Please see our banking details on the following link: https://www.ig.com/en/fund-your-account You should be able to fund by bank transfer if you are having an issue adding cards. Should you encounter any further problems please contact payments@ig.com All the best, Anda
  10. Hi @Ghekos123 Thanks for reaching out, you can have the charts on different windows as below. I don't believe it is possible to have the platform open on different windows showing at the same time on one screen. All the best, Anda
  11. Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make, particularly if you are new to trading, and keeping a calm demeanor is important for consistent trading. In this piece, we explore the importance of day trading psychology, for both beginner and more experienced traders, and give some pointers on how to trade without emotions. THE IMPORTANCE OF CONTROLLING EMOTIONS WHILE TRADING The importance of day trading emotional control cannot be overstated. Imagine you’ve just taken a trade ahead of Non-Farm Payrolls (NFP) with the expectation that if the reported number is higher than forecasts, you will see the price of EUR/USD increase quickly, enabling you to make a hefty short-term profit. NFP comes, and just as you had hoped, the number beats forecasts. But for some reason, price goes down! You think back to all the analysis you had done, all the reasons that EUR/USD should be going up – and the more you think, the further price falls. As you see the red stacking up on your losing position, emotions begin to take over – this is the ‘Fight or Flight’ instinct. This impulse can often prevent us from accomplishing our goals and, for traders, this issue can be very problematic, leading to knee-jerk reactions. Professional traders don’t want to take the chance that a rash decision will damage their account – they want to make sure that one knee-jerk reaction doesn’t ruin their entire career. It can take a lot of practice, and many trades, to learn how to minimize emotional trading. THE 3 MOST COMMON EMOTIONS TRADERS EXPERIENCE Some of the most common emotions traders experience include fear, nervousness, conviction, excitement, greed and overconfidence. Fear/Nervousness A common cause of fear is trading too big. Trading with improper size magnifies volatility unnecessarily and causes you to make mistakes you normally wouldn’t make if you weren’t under the stress of risking larger losses than normal. Another culprit for fear (or nervousness) is you are in the ‘wrong’ trade, meaning one that doesn’t fit your trading plan. Conviction/Excitement Conviction and excitement are key emotions you’ll want to feed off, and you should feel these in every trade you enter. Conviction is the final piece of any good trade, and if you don’t have a level of excitement or conviction then there is a good chance you are not in the ‘right’ trade for you. By ‘right’ we mean the correct trade according to your trading plan. Good trades can be losers just as bad trades can be winners. The idea is to keep yourself winning and losing on only good trades. Making sure you have conviction on a trade will help ensure this. Greed/Overconfidence If you find yourself only wanting to take trades that you deem as possible big winners, you could be getting greedy. Your greed may have been the result of doing well, but if you aren’t careful you may slip and end up in a drawdown. Always check that you are using proper trade mechanics (i.e. sticking to stops, targets, good risk/management, good trade set-ups). Sloppy trading as a result of overconfidence can end a strong run. DAILYFX ANALYST NICK CAWLEY ON LOSING DISCIPLINE Nick Cawley has more than 20 years’ experience in the markets and trades a variety of fixed-income products. "My worst trades - and there have been a few of them - have all been when my best laid plans are thrown out of the window when I lose discipline. ‘I didn’t use correct set-ups and stops; I thought I was ’better’ than the market; I doubled up when I was losing and lost more, and I put more money into my trading account to chase my losses. ‘I lost control of my emotions and traded when I should have looked without any emotion at my position and cut them and moved on. Easy to say, difficult to do, but a must for any trader who is looking for long-term success." HOW TO CONTROL EMOTIONS WHILE TRADING: TOP TIPS AND STRATEGIES Planning out your approach is key if you want to keep negative emotions out of your trading. The old adage ‘Failing to plan is planning to fail,’ can really hold true in financial markets. As traders, there isn’t just one way of being profitable. There are many strategies and approaches that can help traders accomplish their goals. But whatever is going to work for that person is often going to be a defined and systematic approach; rather than one based on ‘hunches.’ Here are five ways to feel more in control of your emotions while trading. 1. Create Personal Rules Setting your own rules to follow when you trade can help you control your emotions. Your rules might include setting risk/reward tolerance levels for entering and exiting trades, through profit targets and/or stop losses. 2. Trade the Right Market Conditions Staying away from market conditions which aren’t ideal is also prudent. Not trading when you aren’t ‘feeling it’ is a good idea. Don’t look to the market to make you feel better; if you aren’t up to trading the simple solution may just be to step away. 3. Lower Your Trade Size One of the easiest ways to decrease the emotional effect of your trades is to lower your trade size. Here’s an example. Imagine a trader opens an account with $10,000. Our trader first places a trade for a $10,000 lot on EUR/USD. As the trade moves at $1 a pip, the trader sees moderate fluctuations in the account. An amount of $320 was put up for margin, and our trader watches their usable margin of $9,680 fluctuate by $1 per pip. Now imagine that same trader places a trade for $300,000 in the same currency pair. Now our trader has to put up $9,600 for margin – leaving them with only $400 in usable margin – and now the trade is moving at $30 per pip. After the trade moves against our trader only 14 pips, the usable margin is exhausted, and the trade is closed automatically as a margin call. The trader is forced to take a loss; they don’t even have the chance of seeing price come back and pull the trade into profitable territory. In this case, the new trader has simply put themselves in a position in which the odds of success were simply not in their favor. Lowering the leverage can greatly help diminish the risk of such events happening in the future. 4. Establish a Trading Plan and Trading Journal In terms of fundamental factors, planning for various outcomes in the runup to key news events may also be a strategy to bear in mind. The results between new traders using a trading plan, and those who don’t can be substantial. Compiling a trading plan is the first step to attack the emotions of trading, but unfortunately the trading plan will not completely obviate the effects of these emotions. Keeping forex trading journals may also be helpful. 5. Relax! If you're relaxed and enjoy your trading, you will be better equipped to respond rationally in all market conditions. Written by: Ben Lobel (Markets Writer) Source: Daily FX
  12. Hi @iviaxaivi Apologies for the delay in activating your account. Your account manager has been on away from the office for some time. We have asked one of the other account managers Faizan to reach out to you. He should contact you shortly. All the best, Anda
  13. Hi @GregKelleher Thanks for reaching out, Please reach out to helpdesk.uk@ig.com so that they can look into whether you qualified for discounted commission for the month of May. Should this be the case they can refund any overcharged commissions. You will want to make sure that you made 3 trades or more in your share dealing account in April. Also ensure that you have not changed your currency conversion settings. All the best, Anda
  14. Hi @Tiaanvd Thanks for reaching out, it is likely that you have not taken commission or overnight funding into account. You can see past transactions coming off the account on My IG>Demo Accounts>History All the best, Anda
  15. Hi @CT39 Thank you for reaching out If you activate PRT on a demo you get access for a month. This is free of charge. After the trial period has ended PRT will be deactivated from your demo at which point you would need to activate it on the live account should you wish to continue to have access (both on demo and live account). Only the live account is charged (GBP30 per month). Four trades or more of significant value in any given month gives you access for that month for free (Significant value is intentionally not disclosed to prevent traders from doing the bare minimum for free access) All the best, Anda
  16. @NickW-uk Some external costs are discussed here, near the bottom of the page
  17. Hi @NickW-uk You may find the following link useful: https://www.ig.com/uk/investments/share-dealing/costs-fees All the best, Anda
  18. Hi @NickW-uk Unfortunately this is not possible for two reasons: We don't offer share dealing under IG International and your account has to be linked to the country were you reside. All the best, Anda
  19. Hi @Emss Thanks for reaching out. Our dealing desk have confirmed that we have no immediate plans to add SHIB to our offering unfortunately. This may change in the future. All the best, Anda
  20. WHAT IS THE NUMBER ONE MISTAKE TRADERS MAKE? Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success. There are certain patterns which may separate profitable traders from those who ultimately lose money. And indeed, there is one particular mistake that in our experience gets repeated time and time again. What is the single most important mistake that led to traders losing money? Here is a hint – it has to do with how we as humans relate to winning and losing Our own human psychology makes it difficult to navigate financial markets, which are filled with uncertainty and risk, and as a result the most common mistakes traders make have to do with poor risk management strategies. Traders are often correct on the direction of a market, but where the problem lies is in how much profit is made when they are right versus how much they lose when wrong. Bottom line, traders tend to make less on winning trades than they lose on losing trades. Before discussing how to solve this problem, it is a good idea to gain a better understanding of why traders tend to make this mistake in the first place. A SIMPLE WAGER – UNDERSTANDING DECISION MAKING VIA WINNING AND LOSING We as humans have natural and sometimes illogical tendencies which cloud our decision-making. We will draw on simple yet profound insight which earned a Noble Prize in Economics to illustrate this common shortfall. But first a thought experiment: What if I offered you a simple wager based on the classic flip of a coin? Assume it is a fair coin which is equally likely to show “Heads” or “Tails”, and I ask you to guess the result of a single flip. If you guess correctly, you win $1,000. Guess incorrectly, and you receive nothing. But to make things interesting, I give you Choice B—a sure $400 gain. Which would you choose? EXPECTED RETURN Choice A 50% chance of $1000 & 50% chance of $0 $500 Choice B $400 $400 From a logical perspective, Choice A makes the most sense mathematically as you can expect to make $500 and thus maximize profit. Choice B isn’t wrong per se. With zero risk of loss you could not be faulted for accepting a smaller gain. And it goes without saying you stand the risk of making no profit whatsoever via Choice A—in effect losing the $400 offered in Choice B. It should then come as little surprise that similar experiments show most will choose “B”. When it comes to gains, we most often become risk averse and take the certain gain. But what of potential losses? Consider a different approach to the thought experiment. Using the same coin, I offer you equal likelihood of a $1,000 loss and $0 in Choice A. Choice B is a certain $400 loss. Which would you choose? EXPECTED RETURN Choice A 50% chance of -$1000 & 50% chance of $0 -$500 Choice B -$400 -$400 In this instance, Choice B minimizes losses and thus is the logical choice. And yet similar experiments have shown that most would choose “A”. When it comes to losses, we become ‘risk seeking’. Most avoid risk when it comes to gains yet actively seek risk if it means avoiding a loss. A hypothetical coin flip exercise is hardly something to lose sleep over, but this natural human behavior and cognitive dissonance is clearly problematic if it extends to real-life decision making. And, it is indeed this dynamic which helps to explain one of the most common mistakes in trading. Losses hurt psychologically far more than gains give pleasure. Daniel Kahneman and Amos Tversky published what has been called a “seminal paper in behavioral economics” which showed that humans most often made irrational decisions when faced with potential gains and losses. Their work wasn’t specific to trading but has clear implications for our studies. The core concept was simple yet profound: most people make economic decisions not on expected utility but on their attitudes towards winning and losing. It was simply understood that a rational person would make decisions purely based on maximizing gains and minimizing losses, yet this is not the case; and this same inconsistency is seen in the real world with traders… We ultimately aim to turn a profit in our trades; but to do so, we must force ourselves to work past our natural emotions and act rationally in our trading decisions. If the ultimate goal were to maximize profits and minimize losses, a $500 gain would completely offset a $500 loss. This relationship is not linear, however; the illustration below gives us an approximate look at how most might rank their “Pleasure” and “Pain” derived from gains and losses. PROSPECT THEORY: LOSSES TYPICALLY HURT FAR MORE THAN GAINS GIVE PLEASURE Figure 3. Licensed under CC BY-SA 3.0 via Wikimedia Commons The negative feeling experienced from a $500 loss can be substantially more than the positive feeling experienced from a $500 gain, and experiencing both would leave most feeling worse despite causing no monetary loss. In practice, we need to find a way to straighten that utility curve—treat equivalent gains and losses as offsetting and thus become purely rational decision-makers. This is nonetheless far easier said than done. Figure 4. Licensed under CC BY-SA 3.0 via Wikimedia Commons A HIGH WIN PERCENTAGE SHOULD NOT BE THE PRIMARY GOAL Your primary goal should be to find trades which give you an edge and present an asymmetrical risk profile. This means your primary objective should be to achieve a robust “Risk/Reward” (R/R) ratio, which is simply the ratio of how much you have at risk versus how much you gain. Let’s say you are right about 50% of the time, a reasonable expectation. Your gains and losses need to have at least a 1:1 risk/reward ratio if you stand to at least break even. To tilt the math in your favor, a trader making money on roughly 50% of his/her trades needs to aim for a higher unit of reward versus risk, say 1.5:1 or even 2:1 or greater. Too many traders get hung up on trying to achieve a high win percentage, which is understandable when you think about the research we looked at earlier regarding loss aversion. And, in your own experiences you almost certainly recognize the fact that you don’t like losing. But from a logical standpoint, it isn’t realistic to expect to be right all the time. Losing is just part of the process, a fact that as a trader you must get comfortable with. It is more realistic and beneficial to achieve a 45% win rate with a 2:1 R/R ratio, than it is to be right on 65% of your trade ideas, but with only a 1:2 risk/reward profile. In the short run the gratification of “winning” more often may make you feel good, but over time not netting any gains will lead to frustration. And a frustrated mind will almost certainly lead to more mistakes. The following table illustrates the math well. Over the course of a 20 trade sample, you can see clearly how a favorable risk/reward profile coupled with more losers than winners can be more productive than an unfavorable risk/reward profile coupled with a much greater number of winners. The trader making money on 45% of trades with a 2:1 R:R profile comes out ahead, while the trader with the 65% win rate, but making only half as much on winners versus losers, comes out at a slight net-loss. Who would you rather be? The trader who ends up positive 7 units but loses more often than they win, or the one who ends up slightly negative but gets the gratification of “being right” more often. The choice appears to be easy. USE STOPS AND LIMITS – GOOD MONEY MANAGEMENT Humans aren’t machines, and working against our natural biases requires effort. Once you have a trading plan that uses a proper reward/risk ratio, the next challenge is to stick to the plan. Remember, it is natural for humans to want to hold on to losses and take profits early, but it makes for bad trading. We must overcome this natural tendency and remove our emotions from trading. A great way to do this is to set up your trade with Stop-Loss and Limit orders from the beginning. But don’t set them for the sake of setting them to achieve a specific ratio. You will want to still use your analysis to determine where the most logical prices are to place your stops and limit orders. Many traders use technical analysis, which allows them to identify points on the charts that may invalidate (trigger your stop-loss) or validate your trade (trigger the limit order). Determining your exit points ahead of time will help ensure you pursue the proper reward/risk ratio (1:1 or higher) from the outset. Once you set them, don’t touch them. (One exception: you can move your stop in your favor to lock in profits as the market moves in your favour.) There will inevitably be times a trade moves against you, triggers your stop loss, and yet ultimately the market reverses in the direction of the trade you were just stopped out of. This can be a frustrating experience, but you have to remember this is a numbers game. Expecting a losing trade to turn in your favor every time exposes you to additional losses, perhaps catastrophic if large enough. To argue against stop losses because they force you to lose is very much self-defeating—this is their very purpose. GAME PLAN: TYING IT ALL TOGETHER Trade with stops and limits set to a reward/risk ratio of 1:1, and preferably higher Whenever you place a trade, make sure that you use a stop-loss order. Always make sure that your profit target is at least as far away from your entry price as your stop-loss is, and again, as we stated previously, you should ideally aim for an even larger risk/reward ratio. Then you can choose the market direction correctly only half the time and still net a positive return in your account. The actual distance you place your stops and limits will depend on the conditions in the market at the time, such as the volatility, and where you see support and resistance. You can apply the same reward/risk ratio to any trade. If you have a stop level 40 points away from entry, you should have a profit target 40 points or more away to achieve at least a 1:1 R/R ratio. If you have a stop level 500 points away, your profit target should be at least 500 points away. To summarize, get comfortable with the fact that losing is part of trading, set stop-losses and limits to define your risk ahead of time, and aim to achieve proper risk/reward ratios when planning out trades Managing your risk in this way is a part of what many traders call “money management”. It is one thing to be on the right side of the market, but practicing poor money management makes it significantly more difficult to ultimately turn a profit. Written by: Paul Robinson Source: Daily FX
  21. Hi @cate Thanks for the feedback, As far as I know Crypto is still restricted for retail traders. It is likely that the system would block any attempt to trade. Not sure what you see your side however the smaller contracts are also grayed out my side. You are welcome to verify this on helpdesk.uk@ig.com All the best, Anda
  22. SENTIMENT INDICATORS: USING IG CLIENT SENTIMENT The IG Client Sentiment (IGCS) is unique, proprietary and potentially helpful to traders. The article will outline the following illustrative points: What is IG Client Sentiment (IGCS)? Sentiment Indicators IGCS as a Leading Indicator IGCS as a Technical Indicator: Summary WHAT IS IG CLIENT SENTIMENT (IGCS)? IG Client Sentiment (IGCS) is a tool that traders can use in conjunction with a broader technical and/or fundamental strategy. IGCS incorporates retail trader positioning (long and short) to formulate a sentiment bias. This is represented in percentage form (see image below) which aids traders in identifying market imbalances which could lead to possible opportunities. IGCS on EUR/USD: SENTIMENT INDICATORS Sentiment indicators are few and far between. The two most well-known are open interest in options, which largely applies to stocks, and the Commitment of Traders Report (CoT). What sets IGCS apart is the large sample size of retail traders which deliver more usable data in terms of indicator readings, multiple market data sets (FX, equities commodities) and timely updates for these markets which are refreshed several times daily. IGCS AS A LEADING INDICATOR The use of IGCS as a technical indicator can allow traders to confirm or refute signals produced by their wider trading strategy. Both fundamental and other technical techniques are used to gauge trends, ranges, potential reversals etc. so incorporating IGCS provides another layer of data to help verify a hypothesis. IGCS can be considered as a leading indicator as it uses past and current data to project possible future price movements however, as IGCS (retail) covers only one component of the market equation, traders should not rely solely on the IGCS tool for trading decisions. Simply put, retail traders contribute only a certain percentage of market input so naturally other factors will have influence on the respective market. Source: Daily FX
  23. Hi @cate Thanks for reaching out, we still do not allow crypto trading to retail accounts. Your buy/sell button should be grayed out similar to the below screenshot. All the best, Anda
  24. Hi @Gille Thanks for reaching out, UK tax statements have not been released yet. You may find some useful information from the below blog. All the best, Anda
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