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nit2wynit

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Everything posted by nit2wynit

  1. I've learned so much simply from reading thru this thread, and the biggest learn was about myself. Sure, we all need a Trading Plan; a Strategy, but before all that we need to understand what this is. How it works. The most important tool to have going into ANYTHING, is knowledge and a plan. Fail to Plan, Plan to Fail. I lost £400 on a £1400 starting account, over 2 weeks. The more I lost, the more fear I gained, and the more mistakes I continued to make. However, I got to a point where it all clicked, but then Pinterest happened. I took the £1000 I had left and bought about 45 sha
  2. What I'd be interested to hear is where you all go for your News? your Tips? Your Insights etc.? What sources can you suggest to start my Day with?
  3. There are clearly many benefits to SB which are becoming very clear, and I may have misjudged the entire thing too quickly. I mentioned earlier that i learned what i wanted to do from Warrior Trading. Buying and Selling small cap stock of £10 and under. In and out. I've discovered today that there are still opportunities to make money with SB, (EOH Holdings went up 50% with the potential to have made £1500 today) but the limit is actually on the platform itself. For instance, the ability to simply arrange the Instruments by Volume, Volatility, Market Cap, Price etc. It's very Basic
  4. I see....Well, I'm not a gambler.....So It seems I've found SB and it's not in my favor. I'll take a closer look at options then Thanks
  5. Ive found no discernible difference using the Demo from the Live account, except the irrational buy and sell impulses that go with an almost unlimited account. I now try to use the Demo not to practice the charts and placing the bet, but practice my own patience and to treat it as if it is real money.
  6. @dmedin I clearly have no idea what Options are. In fact, it's becoming increasingly evident I don't know anything ha. 😮 However, i do know that I was watching EOH Holdings last week and yesterday and waiting for a break out which happened today. Went up 50%. Of course, it's way out of my comfort zone but could have grabbed around 2k today if i was Stupid enough to get involved in it. I couldn't take the risk of it going south on me. Apologies; it's not the right place for this.
  7. I know this can be done, I'm just not sure whether Spread Betting is actually a Good thing or a Bad thing compared to Buying and Selling the stock directly. I need to figure out what would make (or lose) more money compared to physically buying the stock the CFD/Spreadbetting. I belive it was Cadence Minerals about 2 weeks ago. I read the news, watch the chart and anticipated a break out. It went up and up from £13 to £32. Over 300%. I made over £700 on that.......In the Demo But I undertand my main concern has to be how not to Lose money and worry about making it later. I just wan
  8. @TrendFollower regarding your question and why you don't see why I can't take along position on a small priced stock. If it was a guaranteed move (which we all know there are no guarantee's) then sure, i could go long and take a profit at the end, but they don't always move. This is why I would only commit if a suspected price change was imminent; News catalyst. Also the main thing to consider is the cost of the spread is proportional to my stake. Some I have tested to be £50 under before i can even consider profit. It's simpler to buy the stock. My reason for what I'm doing is
  9. Excellent advice @Caseynotes Thanks for taking the time. I'll certainly take another look at it. Do you have any advice on what I should be going for with a small account? I don't mean specific stock, just the price range etc.? Any constant Trenders etc. I'm looking to start the week slowly. I'm being realistic and hoping to slowly climb with £25 per day wins. Maybe even this is over reaching?
  10. Hi guys. I watch the Daily for the trend. Then each time segment going down to see what the colour of the candle is, then adjust based upon the most recent 5 minute and then back to the weekly to see if there's a larger pattern and a trend reversal due. I also check the news. When I've decided I use the 1 minute to buy in. then sit back to the 5min to keep an eye on it. I think with the Gold I was dealing at times with too little volume. Often below 100 per minute. I'd bet on it, it changes every single time I get involved.! I'd make more money betting against' myself lol. I've ma
  11. @TrendFollower Totally sound advice, and nothing I don't already know; but always fail to follow. However, I'm here now with a new challenge; to undo my already formed, bad habits. However, I learned watching videos about Buying and Selling Shares, not Spread Betting. I want to buy Low cost stock. Wait for a Break and sell. I want to buy 1000 shares, and see the price rise by 10p then sell. I can't do this with SB.
  12. @Caseynotes thank you so much for this info. Where were you 4 weeks ago? pahahah. Ironically, what you have suggested, is what i am now doing. I told myself if i got down to £1000, then it was time for a rethink. The rethink it to bet low and long after a decent chart study. I did actually make £80 yesterday going short on that Bear, but bet wrong on the pullback thinking it was a reversal, and lost half going down. I bought at the bottom for the smallest i could go and took an overnight position on it, hoping to see a gain in the morning. Alas, it was as is seen; a consolidation.
  13. Yes Casey. My learning has moved from charts to myself and what I am doing wrong correclty 100% of the time. As I figure it out, I look forward to the 100% right state of mind. I am correct in my mistakes 100%. I like the odds.
  14. Hi, maybe I've got a bit of cabin fever staring at charts for the last month while I'm learning, but I swear....I swear, 80-100% of the time, my Buy In Price becomes the point of change, either Reversal, Horizontal or acts as the future Resistance going either Long or Short. Is it my head? I've been trading Spot Gold for the past week. Lost around £200 on a £1400 account. Went back to the Demo and proved 8 straight wins for £300. Went back to Live, lost £200. Even today, I've been stuck in Spot Gold since 10.41am UK time. it's now 16.30! and it's gone back up bounced of my Buy
  15. Thanks Casey, it was either Chrome and it's Cache Level or Firefox. Broken image placements in Firefox too so switched to Chrome. It's still not great after a system restart but it is better. I failed to mention I have a 43" 4k Tv too as a monitor which may be creating a problem with refresh etc. Thanks
  16. What a great read, though i didn't get thru it all. Her'es my bit. I was demoing for about 1 month back in Feb. I tried several Demo platforms before settling with IG. I made a lot of losses and some gains. By the end i thought I was about 50-50 but was curious about the Real World, so opened the Live account. Long story short, I'm down £400 in 3 weeks from a £1400 account. Not great; in fact I'm at a loss. I've mostly traded Spot Gold, so after a few £25 losses I went back to the Demo to make 8 straight wins and up £300 in a few hours using the same account balance. I thought I'd
  17. No, I literally have nothing running except this page and the platform now. with 16gb Ram i only have 3gb spare. So Operating system, the platform and this page is eating 13gb! I'm going to close the platform now..... This 1 page is using over 1GB!
  18. Hi, I don't know the difference between the platforms to spot them. This is what I'm using.
  19. I can barely click thru my watchlist also! Makes no difference if i close it down. No other software, or browser page is affected.
  20. Hi, thanks for getting back. I don't actually know I'm using I've accidentally closed 2 deals today due to the lag. How do i find out what i'm using? and with that, what should I be using? I've downloaded Pro RealTime today, but not worked thru the manual yet.
  21. Hi, i've been using your platform for about a month now. I have a very powerful PC for editing 4k video. I'm running windows 64bit on an SSd with 16gb DDR5 ram and a GTX750 graphics card. Most of the time the cannot move the charts around inside the chart window. I'm using Chrome browser. Is there something I can do to fix this issue.? thanks
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