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Caseynotes

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Posts posted by Caseynotes


  1. 6 hours ago, RichardSmith said:

    How does it work exactly? Say if I buy Sep 20 ones or March 20, won't I need to pay overnight charges? What's the difference with buying cash?

    Hi, where available futures and forward contracts were specifically designed to be more cost effective for holding longer term, you pay a higher spread which needs to be repaid each rollover (usually 3 months) but you don't pay any overnight fees.


  2. 2 minutes ago, dmedin said:

    What if the t*rd's 'amazing deal' is a great big nothingburger?   I don't really have the stomach for Trump-watching.  😵

    the risk was that the Chinese would play the same game as last time when the presented a rewritten deal at the last minute reckoning the US would sign rather than have nothing but they didn't sign. still a lack of details this time round though.


  3. 23 minutes ago, milbourner said:

    Hi,

    I've got a very neglected account which I put a very small amount of money in a while ago and pretty much forgot about.

    Trying to withdraw what money is left in there and confused by the account values - hoping someone can explain.

    My account value is positive, but the 'cash' value is negative. How is this?

    Thanks in advance.

    hi, what sort of account is it? is it a share dealing account that incurs a quarterly inactivity fee.


  4. 21 minutes ago, dmedin said:

    The U.S. indices are all testing support this morning 😎

    as is often the case in an uptrend, an early check of support before an attempt to drive higher. The opposite is also often seen in a downtrend, a check of resistance before an attempt to continue lower.

    • Great! 1

  5. 4 minutes ago, dmedin said:

     

    There are no futures offered for the cannabis index.  It's a problem.  Might be worth finding the corresponding ETF (if there is one) and buy real shares, but it would have to be with another broker because IG are puritanical middle England types.

    no futures on the index yes but I was thinking of Aurora as was mentioned by the poster above.

    • Like 1

  6. 11 hours ago, RichardSmith said:

    I'm long on Aurora, but feel it may take another year before it starts pushing upwards (if it survives at all). Wouldn't IG commissions on your long position eat all your potential gains over years or am I missing something? I find it very expensive to have long positions on anything using IG portal. Am I missing something?

    There are threads on which is more cost effective, spot (DFB) or Futures (Forwards) which have a larger spread but no overnight interest fees, but can't seem to find the one I'm looking for. As I recall basically if you are looking to hold longer than 1-2 weeks then the futures is cheaper but less than that then the spot is cheaper.

    see this recent thread to find the futures/forwards charts.

     

     


  7. 14 hours ago, ataurrehman24 said:

    Dear sir,

    I want to open live trading account but I am from Pakistan so how I can open live trading account from Pakistan and also I want to ask about mt4 platform because yesterday I open demo account in IG.Com but I don't understand that how I will use my Demo account in mt4 because there is no any details about mt4 platform so plz help me how I can use mt4 platform in IG.Com.

    King Regards,

    Ata Ur Rehman

    Hi, once you have downloaded mt4 from IG, open mt4 go to 'File' > 'Open an account' highlight the IG demo feed, click Next and follow the instructions including check to receive newsletter. The platform will generate a login and password for your new demo account.

    image.png.9379c87236effc213acb9d664b59e21e.png 

    • Like 1

  8. Dow attempted to push higher and lower yesterday but supported at 28768 and capped at the recent and all time high. The deal signing today may provide a spur. Not much on the calendar other than the continued bank earnings and US PPI. Dax and Fstse waiting on S&P and Dow to move.

    image.thumb.png.a595026a0ccfde6ea3229b7691131427.png

    image.thumb.png.5336e5385ca0a9fb0e4e31578fae92f2.png

    image.thumb.png.6cb78ae89053d9cd8d6e3a9190febe93.png

    • Great! 1

  9. 2 hours ago, ngm said:

    Hello ,

    I am new IG, and  as wondering if any body knows what time zones are the webinars set  on ?

     

    Thanks

    If accessing from the Academy section there should be a clock confirming current local time with the webinar times referenced to that, see pic below.

    image.thumb.png.e38af44c92579786d688d78d7884ab90.png

    • Like 1

  10. This has just turned up an looks to be an extract from a new biography of Nav Sarao. Those about around 2015 will remember he was the Brit who was extradited to the US on market spoofing charges and said to have caused a major global flash crash. He served time and payed a massive fine but also while inside was swindled out of his complete trading earnings of $50 million (if memory serves).

    The extract covers his early days day trading the US markets at Futex (UK company).

    (google 'nav sarao' for more).

    image.thumb.png.f241603816d9be6f186d74179ec2fc64.png


  11. Just now, dmedin said:

     

    It would have, and a long position with a stop beneath 400 would be more appropriate now.

    But with hindsight anyone can be an expert.

    er ... what hindsight;

    On 02/01/2020 at 14:50, dmedin said:

    Well I decided to go in long at minimum bet size, very small amount of margin requiredm and put a stop around 400.

    make a plan, stick to the plan rather than this up, no down, up no hold, no down, no up  ... rpt ad nauseam. 🙄

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