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jlz

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Posts posted by jlz

  1. I don't understand why you guys want that forum to be back. It was abandoned for several months and you could not see an interesting post apart from the usual spam that you see on unmoderated boards.

    It had many posts selling pills and magical remedies for weeks until someone decided to look at it, you can tell that there wasn't an admin taking care of the content there.

    In the last year I did not see a useful response there and every conversation about the API was held on this forum, so what is the point of asking for the other one to be back?

  2. 51 minutes ago, Ozquant said:

    Guess my luck is still running  

    ScreenShot280.jpg

    Hi 20years-trader. Well done. I can see that you have potential. I believe in you. I've seen many newbies posting the same screenshots and they are now doing well. Carry on matey.

  3. 40 minutes ago, BoJK said:

    Does this mean you win small and lose big? Notwithstanding your rate of return is above parity? Pardon me, I really dont know how to read this data.

     

    I guess mine is worst (lose big, rate of return negative.) 

    You are right. That's exactly what is happening. 

  4. On 03/03/2021 at 08:35, Ozquant said:

    My last month  , you got one ,   Beta Analytics  .  the efficacy of these lines are the bottom line  . willing to share  ?   

     

    ScreenShot220.jpg.a4a7c8fb4348a66f03779a86c3db8267.jpg

    Those are really cute numbers. For someone that has been trading "over 20 years" is not much. Try to post something with more than a thousand trades. Anyone can make 50 trades out of luck. 

    Attached are mine. 

    Screenshot_20210305-030530~2.png

  5. No, normally strategies are market related. You will find many people that trade only one market on a daily basis and eventually will venture into other options.

    The benefit of watching a market constantly is that you get to understand it better than if you would look at many.

    You could group markets into their trends i.e sideways, long or short markets , then your techniques might be valid for multiple markets, but since you have to account position sizing based on price,  volatility and margin required  I doubt that a single technique would work in multiple markets.

    • Like 1
  6. This the response from the search markets endpoint. Does it help?

    Quote

    /gateway/deal/markets?searchTerm=Tesla

    {
        "markets": [{
            "epic": "ED.D.TL0GY.DAILY.IP",
            "instrumentName": "Tesla Inc (DE)"
        }, {
            "epic": "ED.D.TL0GY.MAR.IP",
            "instrumentName": "Tesla Inc (DE)"
        }, {
            "epic": "ED.D.TL0GY.JUN.IP",
            "instrumentName": "Tesla Inc (DE)"
        }, {
            "epic": "ED.D.TL0GY.SEP.IP",
            "instrumentName": "Tesla Inc (DE)"
        }, {
            "epic": "UD.D.TSLA.DAILY.IP",
            "instrumentName": "Tesla Motors Inc (All Sessions)"
        }, {
            "epic": "UD.D.TSLA.MAR.IP",
            "instrumentName": "Tesla Motors Inc (All Sessions)"
        }, {
            "epic": "UD.D.TSLA.JUN.IP",
            "instrumentName": "Tesla Motors Inc (All Sessions)"
        }, {
            "epic": "UD.D.TSLA.SEP.IP",
            "instrumentName": "Tesla Motors Inc (All Sessions)"
        }, {
            "epic": "KA.D.STSLLN.DAILY.IP",
            "instrumentName": "Leverage Shares -1x Tesla ETP"
        }, {
            "epic": "KA.D.STSLLN.MAR.IP",
            "instrumentName": "Leverage Shares -1x Tesla ETP"
        }, {
            "epic": "KA.D.STSLLN.JUN.IP",
            "instrumentName": "Leverage Shares -1x Tesla ETP"
        }, {
            "epic": "KA.D.STSLLN.SEP.IP",
            "instrumentName": "Leverage Shares -1x Tesla ETP"
        }, {
            "epic": "KA.D.2TSLLN.DAILY.IP",
            "instrumentName": "Leverage Shares 2x Tesla ETP"
        }, {
            "epic": "KA.D.2TSLLN.MAR.IP",
            "instrumentName": "Leverage Shares 2x Tesla ETP"
        }, {
            "epic": "KA.D.2TSLLN.JUN.IP",
            "instrumentName": "Leverage Shares 2x Tesla ETP"
        }, {
            "epic": "KA.D.2TSLLN.SEP.IP",
            "instrumentName": "Leverage Shares 2x Tesla ETP"
        }, {
            "epic": "KA.D.3LTSLN.DAILY.IP",
            "instrumentName": "GraniteShares 3x Long Tesla Daily ETP"
        }, {
            "epic": "KA.D.3LTSLN.MAR.IP",
            "instrumentName": "GraniteShares 3x Long Tesla Daily ETP"
        }, {
            "epic": "KA.D.3LTSLN.JUN.IP",
            "instrumentName": "GraniteShares 3x Long Tesla Daily ETP"
        }, {
            "epic": "KA.D.3LTSLN.SEP.IP",
            "instrumentName": "GraniteShares 3x Long Tesla Daily ETP"
        }, {
            "epic": "KA.D.3STSLN.DAILY.IP",
            "instrumentName": "GraniteShares 3x Short Tesla Daily ETP"
        }, {
            "epic": "KA.D.3STSLN.MAR.IP",
            "instrumentName": "GraniteShares 3x Short Tesla Daily ETP"
        }, {
            "epic": "KA.D.3STSLN.JUN.IP",
            "instrumentName": "GraniteShares 3x Short Tesla Daily ETP"
        }, {
            "epic": "KA.D.3STSLN.SEP.IP",
            "instrumentName": "GraniteShares 3x Short Tesla Daily ETP"
        }]

     

    • Like 1
  7. 12 minutes ago, u0362565 said:

    Ah ok so there is a time limit really thanks for that, important point.

    I  trust Casey's comment  on that you should only get charged with the spread again at the date of expiry, as that has been the response every time someone asked the question, but then I read the document and it says something completely different. I think you need to give them a call and see the official response. We are not helping much here.

  8. 27 minutes ago, Morpheus said:

    Have you noticed today that you can only have one device open at a time? for example if I log in on the phone app it logs me out on my MacBook browser, this is a reasonable thing I think and will presumably reduce the number of concurrent connections to the IG servers, this action alone, is enough to conclude that the outsages were indeed related to system overload at least in large part.

     

    You are never going to stop :D

    Now tell me why the API failed to respond at the same the website login did.

  9. Looking at the rollover rules document at:

    https://deal.ig.com/content/files/140800_IGI_UK_Rollover_Rules.pdf

    Copied from the document.

    Quote

    Rolling over a bet involves closing the old bet and opening a new one in the same size and direction as that of the original. Any profit or loss on the old bet will be realised to your account and you will have to settle any losses on the bet that has been closed.

     

  10. Now let's talk again about those "technical issues". Those that happened at the very same time all across the world in multiple countries and to multiple companies. My guess is that all of those brokers had to go through the same clearing firms/liquidity providers. 

    It looks like a switch off button.

    Better to have "login problems" than having to disable every single market that doesn't have proper liquidity available. 

    I believe these clearing firms do not discriminate per market and they just stop providing a service for a period of time, the very same time these brokers had to stop providing a service. Because after all, why would you allow customers to login if they can't do anything.

    Thank you for posting the video, it will help many to understand what is going on, including me. 

    • Like 2
  11. 30 minutes ago, JIT13 said:

    Does IG monitor these posts? It would be good to see them reply to these concerns.

    Looking at all of the analysis on RobinHood there seems to be two possible causes for them halting these stocks; 1. a conflict of interest or 2. they have a liquidity problem.

    Does IG have liquidity issues?

    Am looking at Capital.com, does anyone have experience with them? Good or bad? Their advert claims they have no trading blocks in place.

    I am not sure if they are good or not but capital.com are trolling every broker by showing GME on their main page. They must be laughing at the whole thing there. They don't have an API for developers unfortunately but their spreads seem reasonable.

    The didn't seem to have any "technical issue" last week. So there is that.

    • Like 2
  12. 49 minutes ago, Morpheus said:

    Can we find out if there are common liquidity providers to these brokers ?

    The list is not small, for any query I send to Google I get the usual big bank names where Citibank and Citadel seems to be the most common among other 15-20 providers.

    Many comments came out pointing that broker shortages are normally related to these providers but none mentioned exact names and particular reasons. 

  13. These are the brokers that were reported  to have problems yesterday.

    https://istheservicedown.co.uk/status/ig-broker
    https://istheservicedown.co.uk/status/cmc-markets
    https://istheservicedown.co.uk/status/etrade
    https://istheservicedown.co.uk/status/etoro
    https://istheservicedown.co.uk/status/interactive-brokers
    https://istheservicedown.co.uk/status/robinhood
    https://istheservicedown.co.uk/status/td-ameritrade
    https://istheservicedown.co.uk/status/trading-212

    We can tell that the down time was very similar in all of them, with the exception of Robinhood that is still having problems. If you click on the full report you will see the location where those users reported the problem from, they are all over the world.

    Some users are already pointing out in comments that there was a shortage of equity liquidity from the usual providers. Now the question to me really is : Why those liquidity providers stopped or decreased their availability over the last week?

    Some will point to the recent news about GME and Reddit but I can't subscribe that, mainly because I can't prove it. All I can say is that the reason why we had an outage seams obvious,  but the trigger is still to be understood.

     

    • Like 1
  14. 25 minutes ago, Morpheus said:

    Another thought that I alluded to in my first reply is this, if IG detected liquidity issues in some markets they would restrict only those markets, if IG detected lack of liquidity in all markets they might prevent logging in, but I fail to see why the price feeds via the streaming API would be suspended, nor why they would not have a sensible message saying "system not available try later" what we saw were system failures during loggin, difficulty accessing myig, but sometimes worked etc etc etc, these symptoms, in my view, do not fit your lack of liquidity provider hypothesis, they do however fit my IT infrastructure overload hypothesis.

    Ok you win. I can't add anything else. 

    Wait I can, google broker issues during the week.

    It is interesting to see that the "IT issue"  presents exactly the same symptoms in every single broker across the world. Check elitetrader forums and you will see people talking about Interactive Brokers. You could copy their messages and they would fit in this thread easily. Check Ameritrade as well if you are not happy. 

    Check also the many post that are around Twitter about Robinhood. All having "technical issues" at the same time. 

    Really? Every single broker having the same technical issues at the US opening? 

    I happen to be an IT Technical Architect, independent contractor, so you have to explain that IT issue to me in detail because I can't buy it. 

    Where is exactly that bottleneck? Is it at the load balancer? Is it at the gateway? Is it at the database server? Is it at the rest server? How come that I am able to authenticate and not get the account through the API? I did not get a timeout from the API, I did get a 503, internal server error. Do you know what that means ? It means a service chain broken in one of the servers, one particular service of the network, not the entire access. 

    It is very easy to say "technical issues" , but try me harder because I saw with my exception handling module exactly what happened yesterday and the http protocol tells you exactly what is going on. 

     

     

    • Like 1
  15. 12 minutes ago, Morpheus said:

    You honestly believe IG are targeting individual accounts? that they are destroying their own reputation intentionally with these outages ? I simply do not believe that.

    From the article you posted "Operational risk is the last type of risk associated with higher volatility. During highly increased interest in trading, the broker’s IT infrastructure needs to be able to handle thousands of users and trades coming in online." this is the real issue in my humble opinion

    I never said that IG is targeting at retail traders, I said clearly that if there is no liquidity they can't provide a service so they can't operate as normally.  Now you are taking a bit of text to prove one of the points. I said clearly that I understand that there is an increase of users coming online but that does not trigger the failure. 

    Read the article carefully, you will understand that an increase of users is just the beginning of the problem, the end is when a broker does not have access to liquidity in very volatile markets. 

  16. 10 minutes ago, Morpheus said:

    Or conspiracy theories aside, demand for retail trading has increased massively during the pandemic, compounded by the new year and a new lockdows, the systems at IG and perhaps other places cannot cope with the demand especially at peak times of the day.

    As I said in a another reply, I do not buy the targeted user conspiracy nor "the big boys" are calling the shots conspiracy, but I am nonetheless very unhappy with the robustness of the IG systems right now and require assurances that the issues we have seen this week do not persist. 

    I would be happy to take credit of what I am saying but I cannot. It is well written and documented by many.

    https://www.match-trade.com/how-does-increased-volatility-of-the-markets-affect-the-brokerage-business/

     

  17. 12 hours ago, Morpheus said:

    although I can imagine a cut in liquidity would cause orders not to be filled, I don't think it would explain :-

    1. Why cannot access myig and then the platform
    2. Why the price feed stopped working through the API 
    3. Why sometimes myig worked but could not switch accounts

    My guess, for what it is worth, is there is a significant increase in users around the US open and for some reason now the IG systems cannot cope, maybe there has been a sudden increase, or a significant build up since the beginning the of year.

    Great questions, I mentioned a cut in liquidity because that is normally the reason why brokers stop allowing access. Usually because of high volatility and unavailability of market makers.

    I can tell that the API fails at retrieving the user account, it is able to authenticate and throws an exception when tries to get the account. This would align with the point that is able to load MyIG and not able to change accounts.

    What I don't understand is how many brokers around the world have reported the same issue. And that is what led me to the common point they all have, access to the underlying market. 

    You made a point mentioning that a broker takes the other side of the bet. If there is a cut from their providers they cannot hedge the bet in the market so they have to realise any spike in volatility as losses. Many users, from many brokers, have mentioned that they saw their access restored when their profits deflated, i.e. Richiep123's comment above. 

    Things add up if we mix plenty of users trying  to catch the moment at the US opening and brokers not willing to support their bets. 

  18. The API is back up and running. At least for me, I hope it is ok for you guys as well.

    No one can defend that we are seeing technical issues. Same repeated behaviour over 3 days at the same time, the US market opening.

    Many other users from other brokers have reported the very same type of issues all over the world.

    • Like 1
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