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Billbot

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  1. It won't seem to let me. I agree, it is disturbing. I have been using it to some degree for years. No wonder I'm losing so much money 🤪
  2. That's odd I tried on Nasdaq and it seemed to be well out. I am getting 14038 for 250 sma on IG. google is telling me it should be 13498. What are you getting? I notice on trading view the volume looks totally different to that on IG too.
  3. It doesn't seem to work with other indices. If the reason was because of including weekends it should remedy it on all indices. If the reason is as IG say then it really is as good as useless (in fact worse) as an indicator on the IG platform.
  4. The response from IG's help desk is: "When calculating the moving average we use our prices adjusted for spread in the MA formula. The difference would be caused by our spread adjustment and the MA you're seeing on other platforms uses the underlying Cash Price." I still can't believe the descrepancy should be as big as it is
  5. Good point. So what do IG use? You would think there would be a standard so everyone is looking at the same thing. If they all vary then it doesn't make for a very effective indicator I would have thought
  6. Ok, that is what I get (so I am not doing something dumb). That is a big difference. There is not much use using it as an indicator if it is that far out then I guess. If everyone else in the trading world is using something different it is as good as useless no?
  7. Thanks Anda. I thought the overnight fee was 2.5% minus the base rate if short or + base rate if long. Maybe I have missed something somewhere
  8. Thanks again ItsAlex. That makes sense but the descrepancy I am getting seems too big for this to be the reason (maybe I am wrong though). I also noticed on IG's chartingthemarkets today, Chris B's chart of US500 had the 200 day sma where it should have been according to google etc. which is quite a way out from my chart. Can you tell me what you get for the 200 day sma on Nasdaq (daily chart for US500 doesn't load today for some reason) as of today on your IG chart?
  9. As the title suggest, I'm trying to figure out the best way to short a market (SPY or QQQ) over about a 1-2 month range or maybe longer. Most of the inverse ETF's I have found generally reset every day so decay over time and there are daily charges with spreadbetting (although offset by base rate, but still, not nothing). Any ideas?
  10. I'm obviously doing something wrong here but the values showing for the Simple moving average on my charts seem to be different to the actual values (from google/various experts charts). What am I doing wrong? E.g. on the US500, I get the 200 day moving average to be 4250 on my chart but 4328 seems to be what google says?
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