nit2wynit
-
Posts
1,126 -
Joined
-
Last visited
-
Days Won
15
Content Type
Profiles
Forums
Blogs
Events
Community Tutorials
Store
Posts posted by nit2wynit
-
-
2 minutes ago, Caseynotes said:
yes, you need an 'initial' margin to open a trade and a maintenance margin to maintain the open trade;
see here.
https://www.ig.com/uk/glossary-trading-terms/maintenance-margin-definition
Thanks pal
always helping me out.
-
Hi, bit late to be asking this question, but I've never noticed it before.
I have a trade running and the Margin is changing as the trade increases or decreases in value.
Can someone explain what is happening here? Thanks. -
-
1
-
-
The **** is still flying folks. It's not even hit the fan yet!
-
1
-
-
I've contacted them myself. I'm still waiting for an answer. It's been two weeks almost. I couldn't Close trades, Move Stop, or Limit.
-
Hi, mine took about 2 hours last week.
-
As far as I understand, Stock and Volatility can change which results in some available Stock to become un-available.
I have encountered this message daily for the past 12 months. This is not a definitive answer however, so I too would like a more informed understanding. -
2 hours ago, JustStarting said:
Got it! Thank you:) I am definitely @JustStarting lol. Thanks a lot
I've been going a year and still get confused.
Note that 'GBX' is pence and 'GBP' is pounds.-
1
-
-
2 hours ago, GregW said:
Just set up an account. Do I need to have enough funds in my account to cover a trade or can they be added post trade?
Hi. If you have say £1000 in your trading account and you take a position that requires a Margin of say £900, this will leave £100 in you account as Available. If your position goes against you, your remaining £100 will decrease. If it becomes Negative (more than the £100 you have available) you may receive a 'Margin Call'. This is when you are required to re-fund your account to cover your position. There is a Time Limit on this. Your position may be temporary, like minutes, but if prolonged and a greater negative available balance occurs, the order could be prematurely Closed on your behalf.
However, there are new rules coming in to place later this year. I don't have the link, but the info is available on the IG website. -
On 04/04/2020 at 12:34, dmedin said:
Will somebody please put me out of my misery ...
I thought you gained back all of last years losses? Almost?
-
I've had probl;ems all year with Live and demo and for the last month also like everyone else.
I'm down about £350 over the year thru the inability to Close a Trade or Amend a Stop.Today the charts froze for 20 minutes. I had 2 charts open on the same instrument and both on the 2m. Both showing Bid price. Candles different on both, P/L showing different than what's on the chart also.
Manually refreshing every 2 minutes or so, only for it to have been closed at a loss again.
Currently on the phone to IG for 30 mins and counting.
I'm expecting the usual. Restart computer, refresh empty cache, check internet, computer problems, not enough power, ram etc.etc.etc.-
1
-
-
I lost my nerve on Nova for an overnight position. I was already under £200 with a £400 account, and got a Margin Call, but it returned to only have me under £100. I left it overnight. I had a target price of $12 and I was in at $10. I was filled with too much doubt and got out of the trade for -£80 and lost £20 on another trade. So then I'm at £300. I had every faith in Nova going up, and just before the bell I had my finger over the Buy button, but held back..
Pre-market next day was up to $15........Missed out of £500. then I was so down, blew another £200 in 2 days leaving me with only £97. Placing micro trades I'm up to £118 today, but really feeling the loss this time as It was right there at my fingertips...Big Sigh.....-
1
-
1
-
-
1 minute ago, DSchenk said:
Pal, @nit2wynit, already thought you went to another planet or something, lol. Living that guardians of the galaxy lifestyle
Cool, you're live now as well.
I always said it, our two strategies combined must be a wallstreet gold standard strategy
I had a pretty good start this week.
Although was only available to trade on 3 days, smashed through my weekly profit target of £125 already on the first day and finished the week up £262.40 with a winning trade % of 92% and risk-reward 4:1.
I've somehow lost you on FB pal, not really sure why........
I took a heavy loss on Novavax just before the spike up and almost blew it all. still in the game.
I never was quite sure of your half, but it's clearly working out. Well done!
-
1
-
-
1 minute ago, Caseynotes said:
That's only for withdrawals to a card or paypal, always better to withdraw straight to you bank account as it cuts down the number of links in the chain. IG > payment service provider > visa/mastercard/paypal > your bank.
Ah I see. Ok.
-
1 hour ago, Caseynotes said:
So you will probably need to then make a new minimum deposit but there is no minimum withdrawal so you could then withdraw again leaving the intended account amount.
There is a minimum of £100 to withdraw and minimum Deposit of £250.
-
3 hours ago, Caseynotes said:
They need to do this every year as per FCA regs.
Thanks Casey...
-
Hi, tried logging in just now and a very unfamiliar window popped up in plain Roman Numeral Text. Big Bold title..:
Are your Detaisl up to day... No other information about why or why other than saying Legislation requires.........
All my info, name address email is there, etc....
Very random very odd.
Anyone else had this today? -
Half blown. Can't take another hit like today....Could be all over for me this week.
-
Hi, I'm sure this is just another gap in my knowledge, but I have a trade running over the weekend that had a Stop in place...I've opened my chart today and tried to move the Stop and now it has disappeared and I can't place another on the chart....The market is closed as it's US.
Can anyone explain to me the Stop behaviour after hours please? or point me to the relevant info? Retail Platform. -
Well done pal.....I think you've done a great job of working thru your strategy and come a very solid result.
I personally have the opposite problem where I let my winners run Too Long, often coming back to Break Even...OR too tight a Stop. However, I have an average of 1:4 PL, but I'm 30/70 on my winning Trades....
I went Live 3 weeks ago with £500 and managed to stay in the game at above or below this level. I could have literally grown the account to double in the first week, but didn't take the profit.
What I've figured is that because I'm trading with a small account, I'm not recognising the Profit when it's there. What I mean is, I might only be trading at 24ppp, so £10 profit isn't lighting up my eyes....where as it's often 1:4 PL.
I'm currently Long on Novavax but had a Margin call on Friday before Market Close...
I'll know today If my account is Blown!-
1
-
-
1 minute ago, snap333 said:
You can amend if you do it on smart phone
No idea....I Day trade Scalping. I'm in and out in seconds or minutes....Don't have the time to check...
It's basically a failed system that hasn't improved since I've been using it for 12 months.....
As clearly pointed out by other forum users, I'm a fool to still be using it.! -
6 hours ago, dmedin said:
TOTAL COLLAPSE
Total Re-Set!
-
1
-
-
11 hours ago, 786Trader said:
Is it just me, or am I the only one who thinks it's time to suspend all market trading for 3 weeks? It would appear that the only way is down, there is no cohesive policy from the worlds central banks (only partisan moves designed to serve local economies) which are being over run by the sheer power of the world's markets. Combine that with the most pointless oil price war ever (who pumps more oil in a shrinking market? So much for supply and demand or flood the demand according to MBS and Vladimir Vladimirovich, which upsets mostly US producers). The most sensible policy surely is to suspend the markets until we have a clearer understanding of exactly what is going on and resume markets when clearer, saner more rested minds prevail. China did not hesitate to do so and so avoided full on market capitulation. Why are we not taking the cue? Suspend markets now, before a rout becomes total annihilation. Give governments and central bankers time. Give traders time. Let the market breathe. Or is it just me?
You assume what is happening is not by design.....on the surface your advice and reasoning is sound......
But underlying it all is the fallacy that it was working OK in the first place.
The gains represent the absolute corruption of the world..... The only way the Indices figures could be true is if we were all wealthy and secure.......and clearly, we're not.
the world is imbalanced by not only Capitalism, but the corruption of Capitalism in light of Fiat Currency and a non- Gold backed system..
Globalism cannot go on......It's quite simple on paper!.-
1
-
-
21 minutes ago, PitTrader said:
Market shutdown will not change things, will be the same as a limit up or down - orders will still be place it's won't change the sentiment. What people don't realise this was setting up since 2009 - it's not virus related, news and economist alike are using it as a convenient scapegoat.
See the short covering on ES YM that's only rollover March to June and a 50% retracement still want to go to 2015/16 highs
This^
The world Capitalist Globalist economy failed well before 2008....it's just took that long for it to effect.....that last 12 years is the delayed reaction.
It needs to come to an end!
Unknown error when trying to close positions
in Foreign Exchange (FX)
Posted
@CharlotteIG Hello to you.
I've emailed on the 2nd April regarding this issue on my Live account and have had no reply. I've never had a reply to my emails in the 12 months I've been with IG. I'm wondering if you could look into this for me please?
Thanks.