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SharesFTW

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Posts posted by SharesFTW

  1. Hi does anyone know why this error occurs? I can open up a trade if ordertype is set to market, however recent experience has forced me to explore using a limit approach to opening positions as the IG API returns loss making opening positions that do not correspond with the streaming index values.  My API trading parameters are as follows:

    {'epic': 'IX.D.FTSE.DAILY.IP'
     'expiry': 'DFB'
     'direction': 'SELL'
     'size': '1'
     'orderType': 'LIMIT'
     'timeInForce': 'FILL_OR_KILL'
     'level': '6200'
     'guaranteedStop': 'false'
     'stopLevel': None
     'stopDistance': '7'
     'forceOpen': 'true'
     'limitLevel': None
     'limitDistance': '3'
     'quoteId': None

     'currencyCode': 'GBP'}

     

    any help would be much appreciated

    Thanks

  2. Hey all, I think the following shares are going to make some big gains:

    • 4imprint Group plc (FOUR.L)

    • Meggitt plc (MGGT.L)

    Both companies have strong balance sheets with total assets exceeding total liabilities. Current ratios approx over 1.2, and Earning Multiples under 10. As far as I can tell the drop is share price is due to COVID-19 impacting production/ sales.

    Btw I don't own any of these shares, but waiting for the right time to buy which I think is close. What do you guys thinks?

    • Sad 1
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