Recent content by darrren

PS. I AM a Michael Moore hating UK square head. MM portrays himself as the champion of the working class, but like all 'Champagne Socialists' from Arthur Scargill through Tony Benn to John Prescott, he jets around the world First Class ( in a private jet in Moores' case). Never mind, MM will...

Dunlop - You are spot on. It's easy for those to be smug and knock the USA for anything it does but conveniently forget its good points - like the USA was the biggest supplier of humanitarian food and medical aid to Afghanistan WHEN THE TALIBAN WAS IN POWER. Also, they don't have the courage...

PaulaS I asked Spread-King.com a few pertinent questions and have now received their reply, which is shown below. It beggars belief that they have no embarrassment or explanation for why they leave trades out of their performance figures. I bet they didn't leave out any good winning trades...

Who is the Mod issuing all these warnings? This is now getting ridiculous and will make the site and Mods a laughing stock at this rate. Giving Dow Dog 2 points warning for that post is so ridiculous the Mod who issued it should get a warning for 'Job's Worth' posting! [Mod's note: 5 point...

Mug How wrong you are about me. This is part of the first post I made on this thread, and you will see that I am defending you! 29/12/03 "MUG2K, while he was boorish two weeks ago, has gone away, regrouped and returned with a good attitude. He is doing nothing more than putting up his trades...

Hey Bansir Keep up the good work. 'I can't make the system lose money at all' - music to my ears! Darren

Mug When you are backtesting, you need to understand that it is not as straightforward as it may seem at first. For example, you will want to record what the maximum drawdown was in any given trade, so will need to check the HLC for every single day. I'm not into spreadsheets, but I did see a...

ragl All you need to do is search this site for posts/threads on D4F (Deal 4 free), Finspreads, etc. Then read through the New Spread Firms thread on this site. Then go to www.incrediblecharts.com and read the experiences of their forum members dealing with D4F. After doing that you should...

Trader333 uses IB daily and knows his stuff on it's use. He says once you get to know its complexities it is a good platform. There is an IB forum where users can advise you.

Mug2 I think it's OK to use other peoples trading to make you money, while agreeing that there is more satisfaction in doing it yourself. In answer to your statement that you cannot understand what you've done to deserve this crap, just read the comments today. I have and they are very clear...

Paul Sorry, didn't realise you only traded intra-day. My misunderstanding Regards Darren

Paul I see your point, but by near doubling your shares purchase to get the equivalent profit, you would have to have a very large pot of money in your account. On AMGN that would be $123,400 of margined purchase and you may not get a fill either getting in or out of that many shares. I agree...

Kevin If you re-read my post you will see that I said that I believe Spread betting is better for trading US stocks, not that US is better than UK. Darren

Trader333 While your base currency will be in GPB, If you trade US Stocks the profit you make stays on your account as USD and when you convert that profit back to GPB you stand the exchange rate loss. Currently, that loss is 44%. So when you make 100 points with IB you take home £560 but...

Kevin Omitted to mention the tight spreads apply to cash bets and D4F are the tightest - and the trickiest.