Karma

Ok so been trading for a while and quite successful but I would love to develop an algo/bot to do this. I would love to learn how this can be done. Anyone can help or point me in right direction.

UK not new 2 years trading but hey to new guys from UK.

i.e. going short you may wish to use the IG Academy. I been in financial industry 20 years and was a trained stock broker before I started trading and I found hard. You may wish to go to basics. google ig academy.

From the indicator Tab choose Exponential Moving Average 50 and 200 and I coloured 50 blue and 200 black when 50 crosses and goes down Sell (go Short) and when crosses and goes up Buy (go long). In the example below I would short but between me and you I used to use lot of indicators to confirm I finding when price goes below 200 or 50 EMA stays there a while and when above vice versa so use this as this generates more signals. I must confess I use on commodities and indices mostly which have high volume. To be honest I made bulk my cash buy and holding but trading for 2 years I only go on times of high volatility. But if can be of any help let me know.

You know actually a notes tab would be awesome to. love IG platform but really could do bit more functionality. It could be simplified its great but when all positions running away just be handy. Along with a close all trades option. Sorry now I have started wouldn't it be nice to have a note tab as shown below.

It odd you should say that entry is not an issue for me its when to get out. I tend to use a 50 EMA 200 EMA cross. Though I differ some times I use a MACD cross. If you think about it logically its gonna go up or down so all you need is a small reason to pick one side. To me the hardest thing is when to take profits or get out.

Well I think so because its long overdue and economy works in cycles.

Is there a way to use your signal as a trade screener to see which meet your trading rules. If not would be a great idea.

What happens in spread betting account if use say June 22 future does the position expire at the end of June or does it roll over. If so how.

time lag in all index though are you factoring in the spread also.

Simply would like a close all tab on positions to close all trades at once as I tend to close out end of the day and would help me. So if you have a number of trades over a number of instruments and ability to cash all out at once. Think be a great addition.

I had this question to did you ever get any answer

Wow ok I am hitting the books - thanks by the way I am also going through your other thread but its so in depth. Lol I kinda can figure out where a trend starts but enver where it ends. really appreciate your help by the way.

for a new guy how about a book list as honestly so much rubbish written on trading I get confused. Really are there any books you would reccomend.

I read some of your how to win - sorry its gonna be a weekend job for me as it was very in depth. I found it interesting do you manually trade or autotrade. I am on a massive educational drive.

so do you trade on monthly charts cause I been thinking that would make very good sense. I must also confesss ATR is something I have not really looked into.

surely for example and I am only just throwing this out in a less liquid market say like lumber you gonna need to have much wider stops?

must confess Im newish so not great at navigating but shocked how much you can custmoise though at same time I dont see where the guides are. There is a way to show this by clicking arrow under equity used.

no its only when you close trade or they close as you have exceeded margin requirements

Your method works on all markets with no adapatations?

I agree with Jlz - though there is so much **** out there so hard to filter through and get the correct info.

I think trending markets and flat/oscillating markets require different strategies. I use Dochian/MACD for first but I am hopeless when no trend. I heard channel trading works but just trying out.

I watched the cartoon and now feel better informed - I know quite few guys in finance industry and their all sitting at side wondering what is going on. But if its a bubble how long will it last - Also can world economies keep going and pumping more and more into the system. At moment just hitting (scapling) and reversing but still short. Yet I tried and failed that with tesla once and feailed miserbly. What to do? What to do?

Ok I get the markets have moved up alot recently and im not opposed to making money on the upside but anyone reckon its bear moment.