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Everything posted by trade247

  1. ahhh the old counter trend. what a way to totally **** my account. Fingers crossed on this one - tiny size and a sensible stop I think.
  2. Exactly! I assume people would want some sort of proof ... right? right... ? Non the less - these are some useful pointers to the starters out there. Just be mindful of any links / promotions / phishing / pushing of trade strategy / affiliate links in the future.
  3. makes you wonder what sort of scam this person is about to unleash? Half a mil twitter followers and then boom > www.affiliatelinkrightheremakesureyouclick.com or something like pumping a crypto?
  4. Looking at fever tree. They've hit something stupid like 85 times earnings. Whilst there isn't much growth potential left in my opinion. Granted they have some nice new drinks out in the darker spirits arena trying to target and diversify - but ultimately tonic water still counts to 75% of their revenue which for me is way to much. Plus I saw Schweppes bring out a better priced but premium product the other day (first time I saw it anyway - with a date on it can't remember what they're calling it). Setting up WO for a sell at 3650.
  5. its a tough one - can't really see anything on this one. You're looking at a big **** off from above the 400 level to £3 which is mad really! 25% in a matter of days on as far as I can see not much news? Maybe just a large institution unwinding a position going into Q3 of the calendar year? Look at those volumes...
  6. doubt there will be any effect what-so-ever
  7. Well who saw that one coming. Kinda makes you wonder why they even say a time frame when they have the power to continually roll. I mean, I know there was no reason for them to revert (and that would NEVER have happened) but it does seem odd to me. Would be interested in the reasoning.
  8. thought this was an interesting watch. I'm a big fan of Elon as many are, and it's great to see him being interviewed by Marques who's one of my fav techie YT channels And this tour
  9. I could do with it coming sooner rather than later. So it's now on for Sep 1st? I thought it was 30th?
  10. whoops.... I thought about it after I voted. Lol. Suggest everyone has a think before they vote.
  11. sorry I'm confused @ViA - did you lose A$400 or make A$14,000 .... that seems like quite a big difference...?
  12. Hey all - some very useful points added by those longer serving community members! Just wanted to reiterate @rimmy2000 point about having equal and opposite positions. There is no point what so ever to have a long and a short in the same market. Your net exposure to the markets is nil. My points on this... Have a trade open in a particular direction ... .... and never have two opposing positions there is no difference between crytalised gains/loses and non crytalised think of your position as a whole rather than individual
  13. Ya'll know about these new knock outs right on the spread betting IG UK site and the fact you basically have a 1% margin requirement or 100:1 leverage? assuming stops are as close as possible which is 1% away from market. So £77 odd quid to trade FTSE with a 77 point guaranteed stop. Tax free as spread betting.
  14. These recent markets have been mad. It was written on the wall after the huge gains and anyone who didn't expect a crash didn't know what they were talking about. However I recently read a thread on reddit talking about the possibility of an all time high before the end of the year... CANT BE POSSIBLE, I thought. Then I read a comment "Last year, going to $1400 in January from $150 in July Was delusional until it happened." ...I mean, he has a point.
  15. working for me as of this morning. nothing triggered since (i.e. still working to best of my knowledge).
  16. good suggestions and in my opinion its all about trading risk rather than the price action. At the end of the day the actual value of many instruments don't necessarily matter, but rather what the possible sentiment is on that particular asset because that's what drives the price. Everything is forward looking and speculative which is why it can sometimes be hard. check out the primary areas on community https://community.ig.com/forums/forum/10-strategy-and-market-discussion/ have a look at academy https://www.ig.com/uk/learn-to-trade/ig-academy Read as much as possible - start small and don't leverage or go too big in your trade ideas. Talk about EVERYTHING as well and come back here to ask questions if you need, or other forums - there are loads. As mentioned above, record everything and see where you go wrong.
  17. when will crypto be added? / will it?
  18. After the movements today in a certain currency I thought of something which would be quite funny. (I thought so anyway). I therefore reached out to @JamesIG and asked if I could post a Poll similar to the one regarding cryptos from a while back so we could end this week (the first one after ESMA) with a bit of a smile. I therefore present to you my poll Question... Is the below chart bitcoin from early 2018 or the recent events of the Turkish lira? (Or Lir-AHHHHHHH as quoted elsewhere)
  19. heyyy - would you look at that - I got put in the handpicked section on that front page. Any comments welcome and would love someone who doesn't agree! always good to have your trade thoughts pushed and looking for holes.