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Caseynotes

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Posts posted by Caseynotes

  1. 2 hours ago, davidbrister said:

    well after your 7 years of trading i find your opinion above bolded no different to amateur ramblings, if there not for clients why do so many offer up Demo programs to their customers?, that doesnt make sense, But i only have 5 years under my belt so i guess u know best.

    All platform providers also have a demo platform because they need to test updates and upgrades before release onto the live platform, that is the primary function of the demo. They also allow clients to use it to practice on.

    I thought you said you were only trading part time previously, apologies if I got that wrong.

  2. 3 hours ago, JustLearning said:

    Why does my trading account always default to call to deal. Very frustrating as I work and have to place the order pre open. Once I’m at work I can’t trade and the day is over and oportunity lost .

    Hi @JustLearning, the 'call to deal' note usually goes on small illiquid stocks with too little through put to add the the main platform offering.

  3. Greek leader Tsipras calling a general election following defeat, Le Pen calling on Macron to do the same.

    UK counts coming in 10%, Brexit lead, Lib dems second.

    BREX-EFDD: 32.0%

    LDEM-ALDE: 20.1%

    LAB-S&D: 16.2%

    GREENS-G/EFA: 11.4%

    CON-ECR: 7.6%

    SNP/PC-G/EFA: 4.5%

    UKIP-ENF: 4.1%

    ChUK-ALDE/EPP: 3.0%

  4.  

    Center left and right parties look to be in trouble as interim results start to come in.

    The #AfD could become the strongest party in #Brandenburg at the #2020 European Election. This is the interim result after 2,181 counties out of a total of 3,811. (As of 19:15)

    image.thumb.png.1932f94b077d1212ad057a308a2bb08a.png

  5. 22 minutes ago, PandaFace said:

    As mentioned at the company talk, it is extremely important that we examine every expenditure at Tesla no matter how small, and be sure that it is critical.

    This is true, there were reports last week that even toilet paper was being rationed IKYN.

    After years of running a cash burning facility they have swung wildly the other way. Main problems are cars remain susceptible to spontaneous combustion and the auto pilot function keeps aiming the car at oncoming lorries. 

    271992083_TeslaMotorsInc(AllSessions)_20190526_12_43.thumb.png.9b9fe03e9591f9d796c82e7fd234e2cc.png

  6. 7 minutes ago, dmedin said:

     

    A better question to ask is why all the leading lights of TA abandon trading as a full-time profession at the first chance they get and go into training/mentoring/speaking/authoring instead.  Could it be because they find it a LOT easier to make a sustainable income from teaching rather than practising?  And if so, why? 

    If I was making good money trading, the very LAST thing I would want to do is continually provide training, speaking or write about how to trade day in and day out ... why the hell would I do that when I can raise a family, travel, read and generally just enjoy life?

     

    When you say 'leading lights' you mean the 20 or so high profile social media types on twitter (forget the scammers on insta) but that is to ignore hundreds of thousands of traders.

  7. 8 hours ago, dmedin said:

    I can see monthly data going back to the late 1990s for those markets that have been around for a long time.  Can we get access to historical prices going back further than that?

    There is tick data, minute data and OHLC data and remember too that the financial markets didn't really get going digital wise till late 1990s. The old monthly data will just be OHLC, the amount would be enormous if it were tick or even minute. IG only stores so many packets of data for each time frame but there are data bases around that do store much more such as minute data going back 20 years.

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  8. 13 hours ago, dmedin said:

    I read something similar in a book by Anna Couling, she said that, in addition to it not being real money the demo platform was 'rigged' in such a way to make people falsely believe it's easier to make a profit than it really is.

    This is not true, demo platforms aren't designed for clients at all, they are designed to be a test bed for trialing new products for the brokers live platform, what would be the point of doing that on a 'rigged' platform copy. Anne Couling should stick to writing books on volume indicators without adding fake sensationalism to er, help sell her books on volume indicators.

  9. 13 hours ago, dmedin said:

    As always I am open to being proved wrong.  But at this time I am 95% confident that day trading is in the same category as all those promises you see on the internet to 'get paid for your opinion', 'make money working from home', 'get a surplus iPhone for $40'.

    Do any noobs come into trading with the understanding it is a  profession rather than thinking it's a casino and hoping they will get lucky? And I am waiting to see evidence to the contrary.

    Reading TA for dummies over the weekend and start trading on Monday morning is the plan for most but for some reason it just doesn't work.

    There are high profile social media types you do mentoring etc but most traders don't go down that path, those that do SM and prove to be successful over years inevitably get plagued by noobs looking for short cuts and begging for mentorship.  

  10. 14 hours ago, EdFuk said:

    Hi all,

     

    I'm trying to find a good currency strength indicator for MT4. I downloaded the free momentum meter from forexsignals but it only seems to work with BlueBerry Markets. Can anyone suggest a good one to compare the strength of the 8 major currencies against each other?

     

    Many thanks,

     

    Ed

    HI, did you check out the IG add-on Correlation matrix and Correlation Trader from the Apps package?

    https://www.ig.com/uk/trading-platforms/metatrader-4/mt4-indicators

    image.png.05594d4715e8d0f7c149ffb833c4eafa.png

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