Recent content by cassiopeia

Interactive Brokers (U.K.) lists two regulated and authorised SIPP Administrators which can onboard your SIPP. The last time I checked it was three, so I'm not sure what happened to them. Bear in mind that Interactive Brokers don't accept responsibility for either of them and small SIPP...

Has anyone used the Tradingview screener for premarket stocks, particularly smaller ones? I notice that it sometimes fails to list stocks which fit criteria until too late. I can sometimes temporarily fix it by left clicking the mouse every so often. It's as if the 10 second update doesn't...

Is there a way of inputting buy/sell points directly on the Tradingview chart, via an arrow for example, so the net profit and loss of each trade is calculated and is summated? In other words like the strategy options but with specific user defined inputs. Presumably someone must have written...

I used to pay for Sharescope HLOC data on their lowest subscription until 3 years ago. The securities were easy to assemble, filter and sort into lists, and these large datasets were easy to download and update each evening. However, I noticed the closing data was more noisy than other sources...

I suspect these figures are misleading, if not necessarily incorrect. Losing accounts are probably customers who have tried trading, lost a little, then given up in despair. Winning accounts are fewer, but their turnover will be much larger on average. It's even possible that the mean average...

Am I correct in believing that (unlike an ISA) shares denominated in US dollars can be bought and sold within a SIPP without the need of incurring currency fees of converting between Sterling and Dollars after each set of trades? Has anyone done this?

I notice companies who make their own market such as IG & CMC don't adjust their charts for dividends; so as soon as a stock goes ex dividend there's usually an instant drop in price on opening that day. Although they will credit or debit accounts to allow for dividends, this complicates...

That's why I'm only using short positions on margin and using UK shares for long positions. However, I think the markup was much less ~20y ago.

Even with shorter-term positions, for the same overall exposure held overnight the cost is the same. I suppose day traders can escape this. It's easy to overlook these costs. It wouldn't surprise me to find the markup is where most companies who offer spread bets & CFDs make much of their...

Finance costs for spread betting or CFDs are typically SONIA+/- 3%, that is around 8% for Long positions. Since few brokers reduce the amount borrowed by the margin deposited, interest is lost on that as well. Hence, in a high inflation economy making a real profit relative to inflation whilst...

My limited analysis going through the last 7 years consisting of about a hundred H&S bottoms and tops suggests a success rate somewhere between what Bulkowski and Samit suggests. Bear in mind Bulkowski uses a 5% price change as a definition of success, which is a very low bar. It would be far...

Has anyone bought Bulkowski's (expensive) book and conducted a back-test on his patterns? I'm sure with the advent of AI and pattern recognition systems it should be possible to do this. What conditions does he place on a defined pattern, does there need to be an uplift prior to the pattern...

Has anyone tried any of these supposedly Free Historical Market Data Downloads in Python ? The three data sources and APIs are: Yahoo Finance Pandas DataReader Quandl Interactive Brokers (Supplemental)

Has anyone a list of the spreads offered & charges such as financing which can be compared like for like? Of course if the brokers make their own market they can manipulate the spread mid point skewing the price in the direction of movement, which substantially increases the effective spread...

Some companies have the resources to market their product, and invest in offering easy access to a user friendly interface and charts. This entices relative novices with little experience and who haven't tested strategies. Also if more accounts lose, this doesn't necessarily mean that most...