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jlz

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Everything posted by jlz

  1. No, it is not possible Types are Spreadbet or CFD. Check account types in the glossary https://labs.ig.com/glossary
  2. Financial Anarchy: one of the main fallacies of Bitcoin. You are that independent holding bitcoin that anytime you want to buy it or sell it have to go through an exchange using your full identity. With all sort of passports and ids checks. Let's not forget that the main goal of many bitcoiners is to amass as much of the correlated fiat currency as possible. With the romantic topic of becoming a blade runner paying in SHA-256 hashes to other elite individuals you watch how your virtual coins grow in value, that value that is established in that so-hated fiat currency. The happiness of a bitcoiner comes with the grow in price of that coin in the exchange. The more coins of the fiat currency they get from their bitcoins the happier they are. So it is all cyberpunk literature with a bit of TAZ philosophy, but bitcoin is no more than a very volatile "financial product", unfortunately , and since I am surrounded in IT departments by bitcoiners I am so tired of listening to people excusing themselves for choosing this overhyped movement over any other FX pair or metal. I understand that people want to get rich quickly and that is why they chose bitcoin, but they want to get rich by grabbing more and more of that fiat currency that they hold in the bank accounts. So let's be honest with ourselves, let's cut the rubbish and call it like it is: Greed on a very volatile market.
  3. https://www.fxstreet.com/cryptocurrencies/news/us-treasury-could-destroy-the-true-nature-of-blockchain-by-going-after-self-hosted-cryptocurrency-wallets-202011260353
  4. Hi, my 2 cents. Regarding "All sessions" https://community.ig.com/forums/topic/3364-what-is-all-sessions/ It is wise to break down your entries into multiple companies to diversify your risk, but bear in mind that you are not accounting commissions and dividends. With 1K including commissions per trade you might not be able to trade in those 14 companies. Also think about that you are selecting US companies, that will require to prepare your account to trade in the US. If your account is in pounds you will have to account the conversion rate into dollars on every operation. I would suggest if you are starting that you should keep it to companies in the UK that pay dividends out. At least for a couple of months until you get familiar with the platform and its routines. There are many posts in the forum from people that complain about how things turned out after completing a cycle. They basically didn't understand commissions so their strategy started to fail after they realised how the platform worked. Also I think that 14 companies might be difficult to track at the beginning. People that make it in this game trade 2 or 3 markets that know very well and sometimes they expand to a 4th or 5th if they see the opportunity. It is as well wise to keep some remaining amount in the account, so I wouldn't trade the full amount into your selections, your trades might go against you and if you keep an amount as an insurance you will be able to handle price moves in a more efficient way. Maybe keep 500 out of those 1K as an insurance in case things go wrong. Good luck !
  5. You just have to look at ladder L2 tickers. There are many traders using just that, without any charts or indicators at all. Also bloomberg terminals with a flashing price showing just red or green colours. A line-based chart would be too much for them.
  6. Does this mean that your ultra-conservative conspiranoia will last for 10 years? Can't we have a great reset before that? I thought the end was near, now we have to wait for a decade? Come on... You gave us so much expectation that I was even thinking about to start digging a bunker. I even have my lot of sardine cans ready. Now I have to wait for 10 years. Man, this is too much.
  7. Day trading is one of the most intensive and time consuming ways of trading. If you have to spend your time on a daily job I wouldn´t recommend that path for you. There are other ways of making a transition from your job to a full time trading desk. Maybe taking a slower approach that would require checking your platform once or twice a day would be better. I also have a full time job and I don´t consider day trading for the effort that I have to make to get it done. I don´t think I would be able to make it.
  8. The ones that are successful trade in a very specific way: - Scan for markets daily to pick opportunities. They don't trade the same market everyday. Normally to spot sideways markets that are reaching ranges so they can catch a reversal. - Trade only at specific hours, i.e when markets open around the world: 8 am, 3 pm , 10pm. Mainly looking for best price action. - Open both sides of the trade using pairs trading. They aim to catch a trend in the opening sacrificing one of the sides. - Ignore indicators. There's too much noise intraday to get a meaningful signal. - Very strict size management. Never chase loses. They aim to make small profits daily so they can build up an insurance for the losing days.
  9. yes we can, but I am not sure why you are asking me? I never posted a meme.
  10. ok I just wanted to leave the url there so people can check data for themselves and don't fall into your propaganda. I am going to let you continue with your memes. Don't mind me.
  11. If you look at the url itself: https://worldpopulationreview.com/state-rankings/number-of-registered-voters-by-state You can see how there isn't any column labeled %Turnout. Your picture is not only fake, it is cooked to spot people that don't check any data behind it. Also the registered column doesn't match with what the website is showing.
  12. Why would you create a pdf when you can just share the 'trading analytics' that are provided with the live account? You also can export your trades to a CSV file and share it as well. That will show times, markets, sides and sizes. Even better you could record a video that shows your performance for the whole year and we can see if you just weren't lucky for a few weeks. I don't see the point of creating a GitHub repo where you can cook your own pdfs to look amazing.
  13. https://www.ecdc.europa.eu/en/covid-19/situation-updates/weekly-maps-coordinated-restriction-free-movement
  14. What is stopping you to try the live account? I would have gone for it ages ago if I had that knowledge.
  15. Kodiak answered the question a while ago. https://community.ig.com/forums/topic/8056-closing-a-position-after-a-futures-expiry-date/
  16. Hi @u0362565 , I was looking into how the DFB value is exactly calculated and landed on this link: https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/why-is-overnight-funding-charged-and-how-is-it-calculated- Looking at the current spread for the UK index: FTSE 100 : 2 FTSE 100 Futures : 4 The nightly DFB amount would be close to the initial size per point being a bit cheaper of that would cost initially. Looking at the spread, that is about the double in this market, you would be able to hold a position in the cash market for about 3-4 days in order to match what would cost to bet in the futures markets. Betting on the futures market is not really free until you reach those number of days. After that your bet would be cheaper with the downside of an ending date. Now, the question is what would happen when we reach the end date. Does the bet carry on the next future market or does it get closed?
  17. I am going to let you continue with your research based on memes. Don't mind me.
  18. ok, we don't have a name for the theory, that's a shame. Every great theory should have a name so people can remember it. I don't want to spam Casey's scientific research on this thread so I am just going to leave here this link in case people want to follow someone educated on the subject. https://www.youtube.com/watch?v=bdvoe0j4Hjw We should go back to the main topic of this thread: - How governments are playing us into a non-existent pandemic by forcing us to wear a 1£ mask. How they cook charts and colorful graphs to show us a non-existent danger. - How corporations are using this pandemic to initiate the "great reset". The moment that will set us into darkness under their evil control. - How 5g can be used to control us by injecting us a vaccine with nanobots that will leave Bill Gates at the top of our human kind. Not that I agree with any of the points but there they are. We should stick to them.
  19. How do you call that theory, does it have a name we can refer to?
  20. It wasn't for you, I know you are not going to read it. It was for everyone else that reads this post so they can understand the psychology behind conspiracy theories. https://www.psychologytoday.com/us/blog/insight-therapy/202004/true-false-believers-the-psychology-conspiracy-theories It is worth knowing what is behind the mind of someone that claims to have some kind of "special" information that no one sees.
  21. That article is not about Fauci, there is more land outside the United States.
  22. https://www.psychologytoday.com/us/blog/insight-therapy/202004/true-false-believers-the-psychology-conspiracy-theories
  23. yes, and also I don't have any activity to show on my profile. I checked a few or the regulars and it seems that they have wiped out everyone. Your profile seems to have some content, they like you Well, I am glad that I kept my notes on my local hard drive.
  24. It's me who has to apologise because I set up those amounts just by clicking on the "add funds" button, since they are a rounded number I thought the joke was going to be pretty easily spotted. But looking at your answer you really thought that I made 20 million with my demo account, sorry not even close. What I can tell is that your account is made out of trades, because you can't add funds to the demo account on top of 10 million (which is what I did). And that is really impressive. It is that impressive that I started looking at the Oil market (picking from your words) to see if I could understand something there. I do have a good performance with my live account but it is nowhere near those numbers, it is way more modest.
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