Jump to content

TheGuru12

Community Member
  • Posts

    208
  • Joined

  • Last visited

  • Days Won

    9

Posts posted by TheGuru12

  1. On 10/06/2019 at 14:24, 786Trader said:

    Coining it?

                      Dull it aint. Bitcoin that is. 10% swings, often in a day. Pumping up the price and deflating it like a giant balloon. Price doubled in 3 months. But then again it did lose 70% of it's value in 2017. Definitely not a one way bet.  Stability is not the watchword with blockchain currencies. Plus there is little or no rhyme or reason for the swings. Even if there are fewer and less frequent coins being created. Volatility is blockchain's friend.  $10 000 BTC, (again?) why not? A $4000 BTC again why not?  Glad it's not vegetables or ice cream though. Though it is in China (certain veg) atm. New currencies... so do you trust the ledger?

    Rumor on the straz is that there is another dump coming along. 70-80% fall in price in the next 3 months. What with volume stuffing going on across most if not all major exchanges. People are pumping ... to dump. Bitcoin is a massive contrarian indicator to the real economy and look what's happening with stocks, There has been a melt up over the last week in stocks and for good reason too!. 

    • Like 1
  2. This is a prominent question for me also as a heavy user of the API, I feel that the documentation for this is lacking (On the API side) What do we need to set in the API to be able to hedge? I presume the first trade we would need to set Force Open to False, Then the hedge trade Force Open to True? However...

    [Constraint: If a limitDistance is set, then forceOpen must be true]
    [Constraint: If a limitLevel is set, then forceOpen must be true]
    [Constraint: If a stopDistance is set, then forceOpen must be true]
    [Constraint: If a stopLevel is set, then forceOpen must be true]
    [Constraint: If guaranteedStop equals true, then set only one of stopLevel,stopDistance]

    Does this mean that I cant hedge if I want to use a Guaranteed Stop? 

     

    Perhaps someone from IG can chime in? 

  3. 2 hours ago, PandaFace said:

    what the difference between 

    Name of Share Issuer Position Holder
      0 JUPITER FUND MANAGEMENT PLC 6
      1 METRO BANK PLC 5
      2 WOOD GROUP (JOHN) PLC 5
      3 MARKS & SPENCER GROUP PLC 4
      4 SIRIUS MINERALS PLC 4
      5 THOMAS COOK GROUP PLC 4
      6 AA PLC 3
      7 ANGLO AMERICAN PLC 3
      8 BABCOCK INTL GROUP PLC 3
      9 CAPITA PLC 3

     

    aaaaaand

    Name of Share Issuer Net Short Position (%)

      0 METRO BANK PLC 8.55
      1 AA PLC 8.17
      2 THOMAS COOK GROUP PLC 6.88
      3 WOOD GROUP (JOHN) PLC 5.53
      4 ANGLO AMERICAN PLC 5.08
      5 GREENCORE GROUP PLC 4.91
      6 MARKS & SPENCER GROUP PLC 4.87
      7 JUPITER FUND MANAGEMENT PLC 4.81
      8 CREST NICHOLSON HLDGS PLC 4.59
      9 SIRIUS MINERALS PLC 4.57

    Good Question, So The top is the NUMBER of Institutions holding short positions. The Bottom is the PERCENTAGE of capital. So ONE trader might hold an extraordinarily large position as an example, That would make it into the list. However multiple institutions might hold small percentage of trades making it into the list also. That's why I do a summary. The summary is an intersection of the lists to make sure that they are shorted by many and the percentage is high also. One trader might not necessarily be right but if multiple traders hold a lot of positions you can bet your dollar that it is for a reason. 

     

    Overall it has been a very profitable strategy.  

    • Like 1
  4. This argument is as old as time itself. There is no right answer. 

    Time, Discipline and proper money management are the three big things for me. It's took me almost a decade to become profitable. I know what my turning points were and what certainly helped with me. The two biggest helps were the Naked Trader and Stockopedia. 

    Worth it though. Fascinating Subject if you get into it, Not just a get rich quick scheme. Albeit a shameless plug I release some of my trading algorithms I have played about with for free so people can take them, use them, change them and do what they like with them. You'll find them all over if you go looking. I also post regularly under different names over on the Reddit investment boards. 

    • Like 1
  5. Interesting thread, I've not read all of it granted BUT all I can say is this. If you are treating it as a get rich quick scheme then you are the fool. If you are doing it to learn it and make a good go of it and put the work in then it can be rather rewarding and you can have alot of interesting conversations with people along the way. 

    I have been doing lots of investing over a decade and I still thoroughly enjoy it the same I did when I first started. Sure I have had some frustrating moments but just ask anyone who has not had a frustrating day in their life. 

    Check my Github pages I release some trading bits and bobs and I generally help people who are willing to help themselves.

    One thing that helped me no end was The Naked Traders guide to spread betting. 

    Good Luck! 

     

    • Thanks 1
  6. On 16/05/2019 at 13:47, PandaFace said:

    so are you saying the following at the most shorted stock by institutional investors at this time? I'm looking at the 'log' ones right? I dont use github so just making sure.

    (Hierarchy of top 20) (Name of stock) (% of free float shorted)

      0 METRO BANK PLC 10.19
      1 AA PLC 7.85
      2 SIRIUS MINERALS PLC 7.84
      3 GREENCORE GROUP PLC 5.11
      4 IQE PLC 4.80
      5 JUPITER FUND MANAGEMENT PLC 4.49
      6 THOMAS COOK GROUP PLC 4.46
      7 MARKS & SPENCER GROUP PLC 4.42
      8 CAPITA PLC 4.24
      9 ASOS PLC 4.09
      10 Kier Group plc 4.07
      11 PEARSON PLC 4.07
      12 WOOD GROUP (JOHN) PLC 3.79
      13 ANGLO AMERICAN PLC 3.76
      14 PREMIER OIL PLC 3.26
      15 Go-Ahead Group PLC 3.18
      16 NMC HEALTH PLC 3.12
      17 KINGFISHER PLC 3.04
      18 DIGNITY PLC 2.96
      19 Ensco Rowan plc 2.90

     

    So Metro Bank is number 1 with 10.19%

    Hi, Yes you are right. 

    So I have made some minor tweaks to it, I count up the highest volume and highest number of investors and say pick the top 10. If the companies intersect both lists they are shorted multiple investors and a high percentage of their fund is short, They make the bottom list that is the summary list at the bottom. 

    I am working on putting this into the API it automatically trades (shorts) for me on IG Index. 

    Github is just just really a file-store for the purpose of this project. I am just using it as a central store so nothing special about Github in that respect. The log files are tagged per time generated. 

     

    Hope this helps! 

    • Like 1
  7. I have released a project that will most likely be updated once or twice a day, The updates are self explanatory, A list of the most shorted stocks by Institutional Investors in the UK.

    Split up into how many institutional investors are short on a stock and by the volume and an amalgamated list of of most shorted stocks. 

    https://github.com/tg12/most_shorted_stocks

    Again this is a series of my own projects. Not affiliated by IG and no guarantees etc. 

    Feedback and comments welcome. Hope you enjoy it. 

    • Like 2
  8. I have released a Python fully automated Litecoin trading system, The idea is that the barrier to entry is quite low. A fun project for anyone wanting to get into trading Crypto or learning the IG Index API or programming. 

    Take a look, It's free and open source and building on some of my other successful projects with the IG Index API. It is in no way affiliated with IG Index but a fun project that people can use to build up on. 

    Take a look. 

    https://github.com/tg12/F.A.L.T

×
×
  • Create New...
us