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TheGuru12

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Posts posted by TheGuru12

  1. I'm thrilled to introduce MarketMayhem, a labor of love and my latest venture into the world of simulated trading environments. This project stems from a deep-seated fascination with the financial markets and a desire to offer a platform where enthusiasts, like myself, can experiment with trading strategies without the worry of financial fallout. MarketMayhem is designed to be a comprehensive yet accessible tool, featuring a variety of API endpoints that allow users to place orders, check their status, and analyse market dynamics in real-time. It's an environment that not only encourages learning and experimentation but also strives to demystify the complexities of high-frequency trading and market strategies through hands-on experience.

    Behind MarketMayhem lies a simple philosophy: to create an immersive simulation that caters to both the curious novice and the seasoned trader. The project is an ongoing journey, shaped by user feedback and my commitment to refining its features. By fostering a community of users who share a passion for trading and technology, I hope to continuously enhance the platform, making it an ever-evolving resource for understanding and navigating the intricacies of the financial markets. Whether you're testing a new strategy or simply exploring the mechanics of trading, MarketMayhem offers a unique opportunity to engage with the market in a risk-free, yet highly realistic setting.

     

    MarketMayhem is a sandbox for REST API developers keen on exploring trading systems, providing a comprehensive yet straightforward platform for testing and refining applications. It offers a risk-free environment to engage with real-time data and transactions, perfect for developers looking to push the boundaries of their coding skills.

     

  2. Given the varying volatility levels between assets like shares and natural gas, it seems logical that the amount of historical data considered should differ. Shares typically exhibit less volatility compared to commodities like natural gas. I'm curious to gather opinions on this matter. Specifically, I'm interested in understanding whether you adjust your lookback periods based on the asset class you're trading and, if so, how you determine the appropriate timeframe for each. I'm looking to reach a consensus or at least get a sense of common practices among day traders.

  3. 1 minute ago, TheGuru12 said:

    Hello everyone,

    I've been away for a bit, but I recently came across a mention of Gann Angles and wanted to share some insights. The concept is intriguing: if the angle surpasses 45 degrees, it indicates a sustained rally in one direction or the other, especially when considering the negative 45-degree angles. I've been experimenting with the IG Index API to explore this idea further. From what I've observed, the angles tend to lean sharply upwards following a significant downtrend, and the reverse is true for uptrends. While my approach isn't identical to Gann's original method, I'm essentially applying its foundational principles to my analysis.

     

    Figure_1.png

    Code for the above here.

    https://github.com/tg12/2024-trading-automation-scripts/blob/main/angle_variation.py

  4. Hello everyone,

    I've been away for a bit, but I recently came across a mention of Gann Angles and wanted to share some insights. The concept is intriguing: if the angle surpasses 45 degrees, it indicates a sustained rally in one direction or the other, especially when considering the negative 45-degree angles. I've been experimenting with the IG Index API to explore this idea further. From what I've observed, the angles tend to lean sharply upwards following a significant downtrend, and the reverse is true for uptrends. While my approach isn't identical to Gann's original method, I'm essentially applying its foundational principles to my analysis.

     

    Figure_1.png

  5. It's obvious what caused it. This isn't normal market behaviour. Clearing firms are having collateral issues at the DTC due to the volatility causing DTC to jack rates to 100%. They're preventing opening trades because their clearing firms literally don't have any cash on hand to fund the 2 day settlement cycle.

  6. Quote

     

    But with £10,000 it'd be £100 on the exact same trade. 

     

     

     

    Be careful with that theory. You get burned quite quickly. Remember to keep an eye on slippage and spread. 

     

    What you have said is true, If you have a spread betting account you can trade with 1000 but bare in mind there are certain minimum deposit requirements setout in law. you can pick small positions with £1000, The amount of leverage is entirely up to you £1/pip, £2/pip etc etc. 

     

    Good luck. 

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