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Caseynotes

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Posts posted by Caseynotes


  1. 3 minutes ago, larrytradingltd said:

    Well I mean he trades everyday and is extremely successful, each to their own I guess but I think he's doing a great thing. I've personally learnt a hell of a lot just from watching him trade and his thousands of hours of free lessons and content up on youtube. Same with Mike Bellafiore and SMB, they're primarily a prop firm but their education is fantastic, they have a real passion for teaching and do it incredibly well imo. Some people just want to pass that knowledge on. 

    I've posted a lot of SMB videos on this forum in the past, they are, as you say, excellent, as are many others where you are able to take those lessons and incorporate them. I've not heard of anyone doing the same from Ross's work (leaving aside the references on his site). Certainly the 2 guys on the forum here could not do it after around 9 months and multiple account blow ups. I also know of some who have used the chatroom say it's impossible to keep up, he would shout out a trade 'I'm in' but by the time they got to it he was already out. They just gave up as well.


  2. 5 minutes ago, Cedric said:

    Sorry about that. At the moment I'm using the Demo CFD but I would probably want to use it on the Spread bet if possible. Thanks for your speedy reply.

    If you are UK you are better off tax wise using spread bet. The Deal ticket is for instant execution and the Order ticket is for pending orders. You can select either Net off or Force open, net off means any opposing positions will cancel each other out, force open will leave trades running in opposite directions. The option for either is on the deal/order ticket (see pic below).

     

     

    image.thumb.png.de745bb665349ae3716b261cc38767da.png


  3. 10 minutes ago, Cedric said:

    If the price is 5000 and I put a stop at 5010 or 4090, how do I a buy or a sell at the same time at 4090 or 5010. As an added thought, can I repeat this so that as it reaches the stop and the new trade is initiated the new instruction is also initiated.

    I have been told that IG does give the chance to 'net off' meaning if you are long 5 contracts and you sell 10, you should be left with a net short position of 5 contracts. The have a 'force open' option as well just in case you want to keep long and short position in the same product simultaneously. I am finding this very difficult to understand plus the fact that I can't find 'net off' or the 'force open' on my IG dealing form.

    I hope you can understand my thinking and would appreciate your help in a way I can understand.

    Thank you.....CedyB

    Hi, you will need to specify which platform you are looking at, the share dealing, spread bet or CFD.


  4. 14 hours ago, TraderTrev said:

    Does IG allow us to rollover futures contracts every quarter on expiry, in particular a SA Top 40 index future? If yes, what happens to any profit / loss on rollover? Is it carried over to the new contract?  

    Hi, go to your settings page in My IG and look at the rollover options as per auto rollover or auto close. At each rollover the spread is paid again while profits/loss is carried over.

    • Like 1

  5. 10 minutes ago, David30b said:

    I got to speak to helpdesk for 45 mins yesterday 

     and IT IS a chrome issue - they will fix it later but - as now using Microsoft Edge with FULL capacity - suggest to use this as has excellent reviews as a substitute for chrome - may well do myself.

    Regards

    David

    what does 'full capacity' mean, someone told me there was an 'Edge Chromium' but when I looked on the MS web site it said I already had Edge but it didn't seem any faster to me playing around for a day?


  6. 1 minute ago, larrytradingltd said:

    A lot of traders want to teach as it offers a steady income which trading doesnt. Doesnt mean all of them are scammers, some people just enjoy the community and teaching aspect of it, yes they earn good money from it but they give good value also. The Chart Guys are great for TA, lots of great free stuff also you dont have to sign up for. SMB capital as well, you cant say they're scammers surely ;) 

    loads of people post free stuff online and SMB are a new york prop firm but those like ross are different, his subscription business is massive and completely unregulated, if the guy I know of is making £70k a month ross and his backers are making 10 times that, the trading is a show, everything he does is aimed at pulling in new subscribers not trading.

    • Like 1

  7. 8 minutes ago, JohnMcClane said:

    Thanks, it helped. Looks like I have a Chrome problem and not an IG one as the new platform worked just fine on firefox just now. It's the chrome that needs fixing, thanks a lot.

    👍

    speaking of browsers i see ms has downloaded edge on me, i was lead to believe it was lighter and quicker than chrome but i'm not seeing it, anyone else tried it?


  8. Just now, dmedin said:

    Is he really a 'trader' ...

    Selling stuff on the side seems ubiquitous and tends to lend itself to the idea that nobody can trade for a living with their own money.

    the 70k a month is from the mentoring and subscriptions alone which takes up most of their time these days.

    doesn't lend itself to any conclusion that nobody can make money trading, that's just your own personal experience. by the way, how are the stats on your latest strategy? don't have any ... thought so.

    • Sad 1

  9. 9 hours ago, larrytradingltd said:

    he comes across as pretty honest

    hmmm, the problem people have is why would anyone spend so much of their time and money cultivating their subscription service? The reason of course is that subscriptions can pay a lot more than trading, especially trading small cap gappers.

    I know of a UK based trader who mentors and has a subscription service who is making £70k a month, he has a waiting list of hundreds, people are begging him to sign them up. Ross Cameron is international and far, far more well known than this UK guy.

    coming across as looking 'pretty honest' is in the scammers job description, these setups are often organised and orchestrated by a team of backers and frontmen, fake documents are no problem and the profit potential is huge, and best of all is that the financial regulators don't care. 

     


  10. 32 minutes ago, larrytradingltd said:

    They would still make money from people losing though as I'm sure more money is lost than gained over time. I don't have a problem with their model at all, interesting how it all works. 

    the shorts and longs trade size is matched, doesn't matter who to, any excess is hedged but if IG can't get that from the market neither could you so your order is just rejected.

    if you look through the warrior challenge thread in the link in the previous post I think between the 2 of them they managed to blow 3 or 4 accounts before giving up on ross cameron's trading strategy.

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