Looking for a Platform that allows you to hedge + Order close to current Price

This is a discussion on Looking for a Platform that allows you to hedge + Order close to current Price within the Spread Betting & CFDs forums, part of the Commercial category; Hi I'm looking for a spread betting platforms that allows you to use a force open option which is perfect ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Jan 23, 2018, 12:59pm   #1
Joined Nov 2017
Looking for a Platform that allows you to hedge + Order close to current Price

Hi

I'm looking for a spread betting platforms that allows you to use a force open option which is perfect for my new strategy. I have been using ETX all along which is a great platform, but if you want to set an automatic order to either buy or sell, then you can only set it to open at a minimum of about 10 points away, 6 in some cases, (10 for the Dow, 6 for the Dax I believe).

I'm trying to use a hedging strategy, which hedges me (only if it drops). I found out that IG allows you to do this, however I've been placed on a limited risk account based on my financial situation.

I tried CMS trader also, and with them you can only short above the current price and buy below the current price.

Are there any platforms that you know of which would allow you to do this? It would need to be a platform which allows you to begin with a small deposit of a few hundred euro/dollars.


Thanks

Thomas
Thomas-M is offline   Reply With Quote
Old Jan 23, 2018, 4:12pm   #2
Global Moderators are volunteer members with senior administrative powers to moderate all forums.
 
counter_violent's Avatar
Joined Aug 2004
Quote:
Originally Posted by Thomas-M View Post
Hi

I'm looking for a spread betting platforms that allows you to use a force open option which is perfect for my new strategy. I have been using ETX all along which is a great platform, but if you want to set an automatic order to either buy or sell, then you can only set it to open at a minimum of about 10 points away, 6 in some cases, (10 for the Dow, 6 for the Dax I believe).

I'm trying to use a hedging strategy, which hedges me (only if it drops). I found out that IG allows you to do this, however I've been placed on a limited risk account based on my financial situation.

I tried CMS trader also, and with them you can only short above the current price and buy below the current price.

Are there any platforms that you know of which would allow you to do this? It would need to be a platform which allows you to begin with a small deposit of a few hundred euro/dollars.


Thanks

Thomas
Check etx again, a lot of instruments have a hedge option.
Attached Thumbnails
hedge.png  
__________________
Spreading the madness across this suite of forums.

Those are my principles and if you don't like them, well..... I have others.

Kin Dissers Everywhere

We are all leavers now
counter_violent is offline   Reply With Quote
Old Jan 24, 2018, 9:52am   #3
Joined Nov 2017
Thomas-M started this thread
Quote:
Originally Posted by counter_violent View Post
Check etx again, a lot of instruments have a hedge option.
Hi

Thanks, I have tried it all, I'm aware of their hedge opposites they have available, however, it's the pending order spread that I don't like. Some other platforms have a much lower spread and I'm trying to figure out which is the best to use. Not the actual commission spread though.

Thanks
Thomas-M is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
The dollar index close to three-month highs, rumors of hedge funds and Fed trends sup hpc Forex 0 Mar 27, 2013 1:57am
Market on Close order. oddsyfish First Steps 0 Feb 8, 2013 11:30am
Timing a close order - Forex tea42 Forex 4 Jun 8, 2010 10:35pm
Current price action millsy500 Technical Analysis 16 May 31, 2008 11:35am
Buy/Sell at current price WTB Trading Software 1 Dec 2, 2005 6:34pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)