nit2wynit
-
Posts
1,126 -
Joined
-
Last visited
-
Days Won
15
Content Type
Profiles
Forums
Blogs
Events
Community Tutorials
Store
Posts posted by nit2wynit
-
-
WTF???
Can anyone explain this @JamesIG
Live Trading Deutche Bank. Shorting. Profit around +£80, then the screen froze (no movement, not able to Close) and on the ticket it said:'If you want to trade this market call this number'.. So i did to get IG Support who had No Idea what i was talking about. They can't get thru to the Desk? Technical have no issues to report????
Luckily the page unfroze half way thru the call, but then it had reversed and I managed to get out with £27 profit.
-
Those losses are accumulated @Caseynotes not in one go. The wins are in one go. First loss was £40 and £45. The 1st £40 was my mistake as i didn't adjust my Stop. 2nd was actually Fail I let it go too far. The £110 loss was actually 3 losses in succession.
How are you doing @gavguns?
-
18 minutes ago, Caseynotes said:
Because everyone's gone home, it the 4th of July ish. 🤸♀️
Figured that out after I posted ha.
Oh well, early finish here too then. -
I experience this quite a lot. I thought it was normal. However, again today, and more precisely Now, most of the US is Unavailable.
-
22 minutes ago, Caseynotes said:
Thought you were going to spend some time re-educating yourself
I thought I did. decided on Volatility and Go with the Trend. Gold been on a Downtrend. Caught about £100 worth going short. Tried to carry it on, but it just kept going the other way, despite it still going down. Then missed the spike at 3pm ish, even though I was waiting for it. Decided not to Jump on it. Missed out of £175 on the up. Then thought I'd get it on the way down again. Kept my Stops too tight thinking it was going to drop. Turned out to be more of a consolidation, till i finally got about £35 back at the end.
I'll crack this. Just getting used to losing for Real. Once the sweat is dried from my eyes, I'll be back on it with Zero Fear.
Overall down £200 today making £100 of it back. Down £100 yesterday with £50 back last night.
-
4 hours ago, Guest gavguns said:
Does anyone feel like sharing any unforeseen experiences they had when they first started trading alive account? I've been trading profitably on the Demo account, and hoping the Live account is EXACTLY the same (barring the obvious "real" money) to use...
Thanks
There's a thread going titles, Is Spread Betting for Fools. Check it out. You'll see all my Fails since going Live. It's a different Beast All together :(
Down another £200 on Gold today. -
@Caseynotes I'm certainly going to start my Education again from scratch. Hypocritically i think i know what I'm doing; Wrong!
Made several tiny wins on this already.
What do you all see here. it's 12.08 am.
-
5 minutes ago, Caseynotes said:
Not really, just based on the natural zig-zag pattern of every trend ever;
I would call, 'Every trend Ever' a pretty decent statistic.
So the odds are good then haha.
If you'd be so kind to direct me to info of what I'm actually seeing, that'd be great; Candle Stick wise.
-
Any Statistics for the Cons? Percentage wise?
-
Clearly. I'm still trying to beat the Reversal............Not sure where I picked that habit up from. Obviously simple Fomo.
I need a fresh education.
-
Clearly Failing............
Over £60 down over 2 days with a £550 account limit.
Staggering losses.I said this back in March, but Live, I'm consistently right, in getting it wrong. If anyone can point out what I must be reading, doing, guessing correctly each time, I can reverse this.
I'll go back to the Demo tomorrow with the Same account size and see what I can achieve.I don't think it was fear today. Maybe just distracted and made bad choices.
-
I have clearly lost any kind of ability I had on the Demo regardless of FEAR. 4 trades. All wrong way.
This made me lol. No doubt to some of you, some very obvious reasons for me failing. I'd love to hear them.
Reading from left to right. Short, then Stopped out, Short then stopped out, (OK, I've got it wrong) Long, then Reversed.....Looks like the drop is coming and about to be stopped out 3rd time. ****
-
I seem to have a recurring issue where whatever is posted above only shows as a square with a black top and bottom.
-
1
-
-
-
Is it safe to assume that ALL Broker Retail Platforms Don't include a dedicated Filter?
Is it widely understood that in order to Trade effectively, you will also need a Screener, not necessarily provided by your Broker?
I think I need to go back to the start for a pre-requisite checklist of Tools and News functions. I've attacked this entirely in the wrong way. Im disappointed in myself that I've been going since February and still not figured this out.
Is it rude of me to ask you @Caseynotes what you are using?
Do you work for IG?
-
I'm confused @Caseynotes
Is PRT a 3rd party platform, where IG is simply the Broker? -
IG seems very limited in regard to these issues. I'm currently researching other brokers. The limitation of research tools and Filtering of the Instruments is also an issue.
-
1
-
-
Hi, sorry, struggling to find any definitive info on this.
I can no longer tolerate the the search frustration to find suitable instruments using the Retail Platform.
What are the main advantages of ProRealTime over the Retail Platform? Does it have a screener to search for Price Range, Gappers etc.?Thanks.
-
42 minutes ago, Caseynotes said:
Makes sense though doesn't it, you only have to look at a chart to guess where the stops are, if you are big enough and you want those contracts it's just a matter of taking one step backwards before taking 5 steps forwards, you rarely need to go back further than 20 ticks.
Yeah, it was a slow process for me. I obviously placed my Stops at the Obvious places with not enough room to stay out of reach of the Hunters. But In hindsight it was always my problem as we've discussed; Anticipating the Breakout or Reversal, Instead of making sure and placing afterwards. This meant my Stop were always further away than I wanted so the Risk Reward was large. Only £600 down. Lesson learned on that one.
Is anyone watching RPS Group? I've only noticed it at 12pm
-
Hunting Stops. Yeah, I've witnessed that a few times
There's my first -£200 back in march lol.
-
22 minutes ago, dmedin said:
My one humble bit of advice, would be to turn off the MACD as it's not always very clear - the RSI is the easiest to understand and use. Stochastics are also good but you have more variables to fiddle with there.
I'll check em out.but to be honest...........I win a lot....On the Demo
-
1
-
-
58 minutes ago, Caseynotes said:
Sure reversals tend to happen around S/R
support resistance. Got it
-
2 minutes ago, Caseynotes said:
Ok, but do you know how to play reversals though as that was what you were looking to do. And if you are looking for a less stressful way to trade you're going in the wrong direction.
Once fear gets you just can't pull the trigger, that's what you need to be looking at, not all the could haves, should haves.
Sure reversals tend to happen around S/R zones but even so the strategy has a low strike rate, that tends to be made up for by the relatively small stop loss position and the potential for a big move if you can get it right enough times which is hard to do without a great deal of experience.
The better setup to look for is the weak pullback in an impulse move up or down, better odds, less stress.
I see.....Reversal? Change of direction?
My knowledge is literally Candles up and down lol. But maybe you have revealed something in my strategy that i was or wasn't aware of. Yes, i always look for these turns either up or down. I always anticipate it. Yes, you're right, this is why I have a tight Stop Loss at the Top or Bottom of the' Reversal'. Makes sense even to me now. I'm not a Trend Follower. I literally look for opportunities for Reversals. Now I know what it's called S/R zones?? Don't know lol :O
But like I've proven on the Demo (Fear aside) I can make this work, very easily, 80% of the time.
What I can't do is handle the real world potential for huge losses. hence, smaller account size.
I'll keep going. still got the Academy to get thru. -
@dmedin I'm not giving up. I'm just not using 2k. £550 is now my limit till I double it. If I double it I'll add more to the account.
Come on....We can crack this
-
1
-
Is spread betting for fools?
in New to IG Community
Posted
Actually i'll start a new thread. This can't happen again!