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ChrisRobUK

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ChrisRobUK last won the day on March 9

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About ChrisRobUK

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  1. Just for clarity, I'm not advocating for any specific broker below, but only presenting a list of the ones I have been looking into. Please consider which may be appropriate for you and your trading strategy/investment objectives. Saxo (I believe also has DMA, like IG) Offers some simple embedded algo trading. AJ Bell (Somewhat retail market focused but seems compelling) Degiro (As above) Sucden Financial (has a number of etrading offerings, a bit more sophisticated by initial impressions) Fineco (Used to be a subsidiary of UniCredit, now floated) Sharescope (expensive) Other mention that looked fine was Interactive Brokers (US based but operate here in the UK too and has DMA) Hope that is helpful to you
  2. Thankfully I'm not bothering to trade this market as I see when I logged in that IG is basically restricting trade anyway. I would be fairly hacked off if (once again) I was unable to enter or exit as happened recently. I take the point that maybe MT4 or others might work in booking orders (I cannot comment on this as I use IG's portal to trade) but the point that the platform's instability during highly volatile times sort of negates its usefulness is what is key here. I'm currently searching for more reliable alternatives and frankly I'm not disappointed with what I'm finding so far.
  3. Yeah I'm complaining to them - this is unacceptable to have a platform failure lead to a financial loss. We don't tolerate this with banks, we shouldn't tolerate it with a broker either.
  4. Yup Rally my symptoms of the issue are the same. It doesn't matter how frequency the changes are made on my side or to which quote, they all revert back within a few minutes (at most) or a few seconds.
  5. Spot on Mikheil. I can log in now and the data feeds are restored but I see that in the interim both my positions were closed out at a loss. Lovely.
  6. Having the same issue, so are some others. And cannot log in now either...
  7. I also can't log in either and I'm having the same chart issues as well
  8. Likewise I also just got booted out of everything and can't log in. Great time to have platform issues isn't it - not like volatility is huge right now 🙄 No wonder they warn most clients lose money - they naturally would if they can't enter/exit positions.
  9. Hi - facing a new issue on the platform. My charts are being wiped out and set to the same default every few minutes/seconds. No matter what I configure, within a few moments it defaults to a 5min candle stick with no other indicators - what is happening?
  10. Good morning, I have a question on a corporate action which I have received an email for - regarding a proposed takeover bid. The premium offered is a fairly small consideration, in the way of 0.1AUD a share in total value (it's a combination of a stock swap and cash). In the email I received from IG, I understand I can assent to this - however if I wanted to decline the offer, what would be the rest? Thanks
  11. Yes Pinochet and the Chicago boys. Chomsky is okay at best and inaccurate at worst.
  12. Agreed it's not the place for the debate, but you went there, so... It doesn't matter where the mean wage is - it will still reduce the ability of those who want social mobility to achieve it, will still result in the state accruing more resource and power to itself to only mis-allocate it elsewhere. But then again I don't expect anyone who buys into the left's thinking to have the capability of understanding it. As the misattributed quote noted about our cousins across the pond, "The American Republic will endure until politicians realize they can bribe the people with their own money." Your (and Labour's) definition of wealthy is intangible. Who is wealthy? Who qualifies as wealthy and at what scale? On a global scale you're in the wealthiest 0.5% of the population. In London a person on £50k is lower-middle-class. You also fail to realise that the increase in earnings year-on-year is under a Tory led coalition. Not labour. Interest rates are a function of supply and demand - of course pumping hundreds of billions into a system will oversupply and therefore reduce the cost of money (interest). Anyone with a rudimentary understanding of fiscal policy can explain that. The question really is; how did we get here? Could it be the GFC whose roots for the impact to Britain were laid under the new-labour of Blair et al? Yes. Further, an analysis of subsectors will highlight to you that it is tech who is responsible for the huge increase in market values. Most other sectors are ticking along without much fanfair. I'm glad you opened up the box of privitised healthcare - The Netherlands and Australia are two prime examples to be brought to your attention. They function fundamentally as private-run entities. Patients pay a nominal fee to use their services and are required to take out health care insurance to plug the gap. The government only pays for those who are unable to - resulting in a far lower gross and per capita cost. The net effect? Both those systems far outperform the NHS. Is it any wonder then that most employment offers in the UK provide for some form of private medical care instead as a perk? I know the Brits like to get all touchy-feely over the NHS and start clutching pearls, but I guarantee you right now that if you reduced their tax burden by the equivalent amount, privitised the entire thing, and required them to purchase health care insurance or gap cover insurance instead, then there would be a vast increase in the quality within a few years. The one area I do agree with you - no one seems to be able to change. Everyone is so stuck in their ways about their precious NHS they are functionally unable to think. The private sector is nevertheless more efficient that the public sector (in every capacity). I would also hazard to add that it is government regulation that is responsible for much of the drag on private sectors. How many D&I, health and safety, etc etc. staff do you need on your payroll to satisfy the looters in office? It's like rent controls. Every time on is instituted - rents go up. Who suffers? Renters. Who doesn't suffer? The moronic politicians. Most economists who espoused free-market economics were not rich themselves, excepting perhaps in intellect - something sorely lacking from the Keynesian set. A prime example is what happened in Chile when the free-market guys were allowed to take the reigns, a country who is now the wealthiest on the continent and has the highest living standards in all of Latin America. Right up until recent times when protests were sparked due to the increase in transportation costs - ironically one of the few state set measures, by a government panel of 'experts'. Not to mention looking at the stunning collapses where ever socialism has been faithfully implemented. The irony on your literary jibe evidently escapes you.
  13. Looking forward to another Holodomor and eating our pets then? The issue with the BS peddled from our anti-semitic nationalistic social-democratic workers' party (hmmm, rings a bell, where have I seen that before) is that aside from the vitriol and hate they spew; nothing they promise is "free". There is no such thing as a free lunch. Someone is paying. Oh wait - we all are. I recommend Thomas Sowell's Economic Facts and Fallacies as an example of the drag on society imposed by high taxation and high state spending (i.e. crappy Keynesian economics). The state is, has, and always will be in inefficient allocator of resources. Want an example? South Africa is a primary example. Hundreds of billions piled into state owned entities including the post-office, energy supplier, airline, railways, etc. The result? One of the most inefficient and poorly run, highly corrupt countries in the world. By comparison, looking at the impact of privitising water in the UK, over £300bn has been re-invested into the infrastructure delivering one of the highest quality water supplies in the EU: https://www.iwapublishing.com/news/impact-privatisation-sustainability-water-resources Ofwat also indicates that since privitisation, the number of customers at risk of low water pressure has fallen by 99%. That's 99%!!!!! More reading for you from the people who are better informed than you: https://www.water.org.uk/wp-content/uploads/2018/11/Water-UK-Frontier-Productivity.pdf https://www.water.org.uk/wp-content/uploads/2019/11/191028_Nationalisation_Savings_NERA.pdf BT's average installation time is 15 days, down from the 6 month average wait time when state owned. By comparison - how well exactly did BL work out for the motor industry? Oh yes. Destroyed it. No one buys a second-rate half-built troglodyte mobile (wonder they were built at all with everyone on strike) when international competition provides better alternative. Result: British car industry - dead. The simple fact of the matter is that there is not one example of nationalisation working out well for a population in any country in history. It benefits the few in power and the full impact takes ~7 years to make its way through the economy. Regarding tax cuts; JFK's tax cuts doubled US nominal tax receipts in 9 years ($93bn to $187bn) simply by reducing tax. Not surprising as the research indicates the Laffer curve peaks at 33.1% (so your 40% and 45% brackets are already a drain, before factoring in VAT and other taxes). Think about the amount lost by the moronic narrative peddled of "hUrR duRr riCh ToiRiEs hAtE uS" and the useless class division it causes - none of which is based on fact. Nor are the classes fixed - a study of US multi-millionaires found that of those families who were rich at the beginning of the 20th century, only 4% were still wealthy at the start of the 21st century. So in 100 years, 96% of American multi-millionaires were no longer so. A whole new breed of wealthy had risen up. Wealth is transient, it is created and destroyed, it is not fixed. It's also surprising, as people will indicate they're struggling to save or pay their way or earn more money to afford a better life - yet it's made impossible by high taxes. Savings can only come from net income. So hiking taxes makes those who save poorer. Ironically it serves to entrench classism as those who are already rich not only have capital mobility, but no longer have to worry about price competition from someone earning enough to compete for scare resources with them any more. Conversely privitisation has lead to higher living standards, lower poverty rates, and a wealthier population - not only in the UK but in every other state in the world it has been tried. Anyway, /rant over/.
  14. Agreed - and despite my interest in blockchain technology, this is exactly why I won't be trading cryptos (not withstanding any criticisms of access/booking/platforms), but in my opinion with this sort of volatility unless one has a robust tested and systemised approach to trading, then it's pure speculative luck. I don't personally like that.
  15. Thanks, I do check them out when I get into the office in the mornings. Very helpful in my opinion - importantly though, not to hold exposed positions while you sleep (unless you're already so deep in the money it would be inconsequential)
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