Jump to content

Situation

Community Member
  • Content Count

    61
  • Joined

  • Last visited

Community Reputation

1 Neutral

About Situation

  • Rank
    Frequent Contributor

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Situation

    Order Rejected

    Honestly it's very common with ig index for orders to be rejected. And by the time it accepts, the markets has moved. Not even with big amounts. I've been rejected with 50p per pip at non volatile and volatile times. The execution leaves a lot to be desired. Compare with other brokers and you'll see the difference.
  2. Situation

    Strong Ethereum - Litecoin & Ripple Weak

    I hope no one bought or has been holding on to Bitcoin and ethereum. I originally mentioned in July this year that they're done. It's easier when you're happy to be biased either way. I gave up on cryptos after January and therefore have stayed away. Until it's above the 50 ma wouldn't touch it with a barge pole no matter how cheap it is.
  3. Situation

    Strong Ethereum - Litecoin & Ripple Weak

    Since my original reply in July Bitcoin is basically static at this key 6k level and ether has dropped by 50%. As long as it's below 50ma not even looking at it let alone put money in them.
  4. Situation

    Strong Ethereum - Litecoin & Ripple Weak

    Honestly, I think Bitcoin and ethereum are done. The people who invested early are sitting on huge profits. New money has no reason to come in. Yeah it won't go to 0 but that's because there are people who invested early who would hold and there's always people who actually use the service. How many people do I know who want to transfer Bitcoin or money without personal details known- none. Once banks use blockchain tech and transaction fees drop then anonymity is the only reason to use crypto. I may be wrong but that's how much I understand. I ask myself why use cryptocurrencies when the technology itself is available. Why buy all samsung tv's when the technology is available to make your own tv? It's true I hope it starts rallying as I'd love to trade it again but at the moment no way!
  5. Thanks guys. Don't know why it confused me.
  6. James you didn't correct me on the above reply. I've just been told when you are short it's the bid price you should be looking at. Please recheck this and reply with the correct answer. You should not allow people to give wrong advice to others. Thanks
  7. Situation

    Alert Reset

    In the new platform, how do I set up indicator alerts?? I could do it in the old one but now I can't find where to add the indicators. Thanks
  8. 'Blind leading the blind'..... gave it away.
  9. Situation

    Spotify (grey market, IPO, full listing)

    Spotify could be a good buy. Its valued less than its worth and has just released good expectations. Lets see how the ipo does.
  10. When you go short then it's the ask that you should look at to see if it hit your stop.
  11. Situation

    Cryptocurrency Mega Thread

    I dont know about the above analysis. you buy at 8500 with stop at 4500 then risk reward is 1:1 which I would not advise any trader to take. I'm not a big fan of buying dips in a massive sell off like now. They can call it a correction but people are taking profits, selling and not re investing at present. At this stage the driving force has to be good fundamental news. Waiting in the sidelines until you can see buyers come in might be more helpful.
  12. Situation

    Bitcoin

    Yep that is the worry. If the trend changes just sell and wait. Sitting in cash is also a position.
  13. Situation

    Cryptocurrency Mega Thread

    James could you clarify. I had to call ig at that time. You can close it if that is the only position you have but if you are already long then you cant close it as you would be overall more long (buy to close the sell). Maybe you could use a stop loss.... but they are far from the market price so you'll give a lot of profit back anyway.
  14. Situation

    Cryptocurrency Mega Thread

    Ps. All the comments are just people's views or opinions but remember that is what the market is- just a collection if views. So the more of us who get involved in commenting in this community the more opinions we'll get and ultimately learn more.
  15. Situation

    Cryptocurrency Mega Thread

    Its going to difficult to call the direction now. There was a lot of buying from 7 to $800 so will have to see what those people do. Will they hold or will they sell. Shorting this market was a good idea and probably still is but you don't want to get caught out in a period of being unlongable. If we didn't have that problem I would be short myself.
×