Recent content by Archaic

Hahah better on here than in the trade. I meant 17400-500 of course :)

Got about +100 of the bounce, surprised by how much it dropped. Missed all of the drop, downside of focusing on fundementals and being useless at technical lol. Not going long on dax though, earnings tomorrow, germany delaying greece and euro appreciating could all cause issues. Will wait for a...

Dax looks to be oversold atm. Probably a drop at the open and at the US open, with rebounds each time. Yuan devaluation already priced in mostly and rumours PBoC have been buying yuan too offset too large a drop has currencies slowly recovering. Oil quite stable at the moment suggest the same.

Who knows which way it'll go, it's very hard to predict. Have to sit down and analyse a lot of things when opening a non technical, non day-trade - e.g. analyse china, commodities, upcoming earnings, upcoming economic events and decide where you want to be. Since you're still breaking even you...

Hey mate, was wondering where you think the bottom for oil is? I'm in a sell position myself and was thinking it'd be around now, given it's the level it rebounded upon last time at around 4500, but it seems to have broken that. Obviously the demand concerns e.g. china etc still remain and...

Ah my bad, it seems like china's stock market's not available to private international investors? So the only alternative would be things like ETF's? I was wondering what the random options for chinese indicies on IG where for. Well if anyone has any recommendations for ETF's that closely...

Hi, I'm currently with IG (a spreadbetter), but they don't offer the main chinese indicies I'm after - namely the Shanghai Compositie (SHCOMP) and the Shenzhen Composite (SZCOMP). Does anyone have any recommendations of where I could trade these? Ideally it'd be a spreadbetter, rather than...

Signed up with spreadex, see how they go. That's actually a really good shout on IG, will see if that's doable. That should be a good £10k of margin depending. Yeah I hear you on using too much leverage. I've done a few lower trades already, but I think I'd go for lower amounts a point, say...

I've been stock trading for a good few years now, I know how to limit loss effectively so I'm not worried about squandering everything away. The stocks I have in mind I've heavily researched so I'm reasonably happy they'll do well in the medium term. Which firms do higher leverage? I've read...

Hi, I recently started spread betting with IG after reading upon it for a good few months. I was under the impression that I'd only have to put a small % of the margin required on the bets, but under IG if I do something like £100 a point for a stock I need to have around £6000 in margin...