[Honesty Time!]

Save yourself some stress and get some help! https://app.hedgeye.com/ 

[Desperate for Oil delivery next week]

Just a bear market bounce , a big one at that , the volume has been really low past few days just a continual drift higher with low volatility.., see short side resumption into next week after the rollover, if your short as I am just ride out the pain until then..

[Where do we go from here?]

Purely Markets I see lows of 2008 levels , once earnings reality starts to kick in over  the next few quarters, thats where the real opportunities will be , no rush to chase any lows yet, just keeping adding to the shorts, the profits will fund some great opportunities of the great companies that will make it through to better times.

[Selling a PUT option query]

If you sell a Put your potential loss is infinite ( or whatever you have in your account) , maybe best to buy a put in the current volatilty or cover it with a straddle -https://www.investopedia.com/terms/b/bear-straddle.asp

 

[BBC 3: Young, Welsh and Pretty Minted: The 20 year old online trader who makes up to £200,000 a year]

😂I bet he claims he only started with a £500 account ....as if what a load of BS!

[Is Retail FX Trading Dead?]

Sure there are professional traders out there mostly trading other peoples money, which in itself is very different to the retail guy..

[Is Retail FX Trading Dead?]

I`ve been trading FX on IG for over 10 years, never made a penny, don't get me wrong had good days weeks months and even profitable years, but over the period always lost and trust me i have tried everything.

The good news alongside this period I have invested in primarily US stocks and built a good quality high dividend yielding portfolio which has performed exceptionally well.

I have learnt a lot during this period so the money lost with IG in my opinion has not been wasted, it gives you great exposure to Financial Markets as a whole and you learn what not to do....

The Key Points I have learnt during this time is 90% of people out there talking about chart patterns trading courses and the like are full of **** who like all of us are correct some of the time but in the long run not profitable and are looking to make money from selling courses to trade and hopefully not lose it this time ha, or they are the talking suits on TV punting there own agenda TRADING OTHER PEOPLES MONEY!.

In my humble opinion once you get away from looking for short term price movements and take a long term investment view can you start making money.

[DONE ?]

On 20/11/2019 at 07:47, WILL-TD said:

Ive been with IG for many years and whilst sceptical, and wary of the many bad vibes and rumours that come IG,s way  I have up till now  fended them off.

However, I have to say that a recent couple of trades stopped out by large spikes have questioned my loyalty.

GBPUSD was stopped out 19/11,  22.43 at 12938 ? 8 pips above charted price ??  

USDCAD was stopped out on 18/11 22.05 at 13227, the highest price by any other broker platform was 13216 ?? 10 pips above !!

I have emailed IG, but not heard a thing.  I think I am beginning to share most peoples views over this broker

 

Best bet is not to use hard stops.