Recent content by breaktwister

What is next, bookies will be forced to check your wage slips when you want to put on a bet? Only allowed to bet 1% of your wages per week? ****ing stupid rule that you cannot reduce margin requirements by using stops. I hope that when the UK leaves the EU this stupid ESMA lose authority.

This is a trading forum, not a jobseekers forum so I will keep this brief but maybe your CV is already throwing up red flags in which case you are being interviewed as an outside chance from the start. For example, what was your last job, when, why did you leave etc. This kind of stuff is very...

I have never really had a solid "trading" system I am afraid. I am a decent macro/fundamental analyst and combined this top down approach with TA to enter trades. In terms of exits, no real solid strategy, just looking for fundamental or technical reasons to exit, trend exhaustion etc. I...

Quannt and Malaguti, where do I start with backtesting? I have basic coding skills.

I guess so! I suppose my question now is what are some techniques for discipline?

Hi quantt, I assume by your username that you are into automated trading? I have to say that I have never backtested a strategy, I picked stocks mainly on fundamentals with TA as a secondary check. Surely the markets change too often for backtesting to be of real value? When you say "market...

I've been trading for around 3 years now. I spent a lot of time learning how to read fundamentals and TA and was profitable at stockpicking over the first 12-18 months. I then started to spreadbet (stocks, FX, indices, commodities) and did OK over a period of 2 years but ultimately lost money...

Cool tips guys, thanks. Just out of interest I was also wondering how this information is disseminated from source? e.g. who or how do the Census Bureau make first contact with to release the data? Maybe they do just put it out on twitter and everyone else gets it from there?!

We all know there are certain economic news releases that hugely move markets. Being able to get this data as soon as it is made public is vital. For example, the US retail mom sales data was released today, supposedly by the US Census Bureau at 8.30am. Now the news was released as the...

Firstly, thanks for the response. This year I have been short-term trading, 1-10 day trades, rather than holding a portfolio of equities, due to the high volatility in the markets. I'm not sure I follow your point regarding bias. Investing or trading surely always involves some sort of bias...

I am a smalltime private investor with a long/short portfolio trading mostly equities. I carry out my own macro and micro analysis and have been short bias in 2016. However, I have not traded this week as two of my large shorts got stopped out on Monday morning and thereafter moved hugely in...

Also, their level 2 access doesn't show the full order book for US stocks. I could perhaps get US level 2 elsewhere and try SB with IG. Market depth and volume are essential info to have.

I'm interested in momentum trading NASDAQ stocks. I take medium-long term positions in UK stocks but don't have the time during the day to monitor the UK market for momentum opportunities. I am with IG and they actually have a lot of NASDAQ stocks listed which I can trade via CFD. However, I...

I think I checked this before and found that UK companies didn't carry the full range of US stocks I would have liked. I will check again, especially now that I know Forex is quiet in the evening.

I work full-time in the UK and have no lofty ambitions to go full-time trading any time soon. Currently I take medium-term positions in UK shares but want to spend up to 4 hours in the evenings momentum or day-trading. I guess my only options are US stocks or Forex? I am wary of Forex as...