Recent content by jammyd

Hope you like the book. I'm sure you will - it's good stuff! Thanks for the IG info. I have the money AM level 2 data at the moment, sounds like IG would save a bit of money. Have you tried any dealing on the IG level 2? I've never done any level 2 dealing, but might give it a go sometime when...

I'm only a newbie to trading as well. But I've found both the work of: Wyckoff- Richard Wyckoff - Wikipedia, the free encyclopedia and Curtis Faith (Way of the Turtle) helpful in understanding these things. Let me know how you get on with IG Level 2! I'm interested in using this in the future...

Thanks for the advice. I just had a look at iflexspreads. This can't be true. They say they do commission free CFD's, with what look like tight spreads. I'm off to get a demo account now to see what's going on! [AFTER DEMO...] Looks like the cfds are pretty much spread betting. There aren't...

Thanks for the advice. I will make sure I always have a stop in place if I get a standard account. Who would you recommend as an SB platform that is good for respecting stops with low slippage (and doesn't go stop-loss hunting regularly)? jammyd

I'm definitely not anti-spread bet. All I want (probably just as everyone else) is low spreads, low minimum stake, reliable platform, good selection of equities, indices etc, and a broker who doesn't act as a counterparty - who therefore wants you to win wherever possible. If someone set this...

You're busted 10k. How long have you worked for IG marketing department??? ;)

True, nothing wrong with SB for tax!!!! I'm getting spreads varying from 8 to 12 for US crude though. My account is limited risk not standard - but I did not regret this a couple of hours ago when the platform went down for 10 mins or so!! I have IG installed on my mobile phone as well and that...

20 points would be 10% of an ATR of 200 points (or $2), or 5% of an ATR of 400 points (or $4). I guess maybe the spreads are being calculated using a short term 'true range'. Maybe taking into account the massive $10 rise on Friday. jammyd

Who do you use for direct access? I'm doing well so far (70% up on my original balance) with 9 spreadbets. But that's all Ive done in my life - in the last few days. I'm on the IG tradesense program learning how to trade with 10ps! I read trader_dante's thread on technical analysis, and then...

I'm currently quoted a 20 point spread for brent crude daily on IG index's puredeal. Is this normal? I know it's volatile today but this is getting ridiculous. Jammyd

Thanks, that's much better! (I hope it's OK to post this now it's delayed by 15 mins) Looks like I could be in profit by the end of the day. This descent is agonising though. Breakeven is about 579.0. jammyd

Thanks for the advice. That's good news! I'll probably stick with IG then. I'll have to sort out another method of charting though - the IG charts look limited. I put a short on LSE:BP shortly after the market opened today. Then I look at a decent candlestick plot - and I see the downwards...

Hi, I've read a lot on the forums here about troubles people have had with SB brokers. Often (from my newbie perspective) it appears that these problems are related to scalping, and playing news and things like that. My question is whether it's relatively safe using spreadbetting as a method...