Recent content by timm

You don't think Labour's plans to shut down trading on UK's financial markets with a huge financial transaction taxes might have some ill-effects? It would be catastrophic. You think a union dominated government run railway system is a good idea? It has been tried before. It won't work with the...

True. You can't outlaw selling useless sh1t that nobody needs. The economy would collapse.

https://www.fca.org.uk/news/press-releases/fca-proposes-stricter-rules-contract-difference-products It's disappointing that the FCA think that most people losing is a problem. This is not investing, it's speculation. That's how it works. It's competitive. Only the best can win. You don't see...

That's just the way the graph is plotted. It only shows the balance and equity at the close of each trade. Since the system never closes trades during equity drawdown ( just keeps opening bigger ones), you just don't see it on the graph.

Interesting indeed. So let me summarise this offer. Candidate gets help and support from the 'original' one in order to develop his own brilliant trading strategy. :) Candidate proves his work in live trading his own money. :smart: If the candidate succeeds he gets the grand prize, which is...

Peter, White backgrounds - ugh, no thanks :p Long and short at the same time - No thanks, that had better be optional. How about improving something useful like order entry? Click, wait, type, click - it's so cumbersome. When can we have 1-click? Also, if we want to set the same SL or TP for...

I like the new spreads. I don't like having to migrate to the new platform which isn't yet ready for serious trading. How long will it be before the new platform is able to store default position sizes? This small addition would make it so much more usable.

I've been trying the new SB platform. I like it. It's fast and reliable even on my old PC. I have a few requests. 1) Can we have a default position size setting per instrument? This will save a few clicks per trade. 2) When averaged in to a position, I'd like to be able to set an OCO stop/limit...

This is an easy one. The answer is no. Do your research before you trade and start to trade with small amounts. Having properly researched a profitable method and learnt to trade it consistently, you can then increase your trade size. Common sense.

Yes, you can do a range chart based on the tick data as it comes in. You would have to leave your terminal on for it to populate the chart with a bit of history. If that's good enough for what you want, it's pretty simple to do. rgds

Yes. You can make an EA based on pretty much anything. i'm thinking of doing one based on the weather. I have theory that the pound goes up when it's sunny. :D

There is no historic tick data in Metatrader, so you can't do accurate range bars.

You're right. It should be easy. I'll knock something together during the week when I get bored.

There's free FX tick charts available at NetDania I import tick data from Metatrader into Excel and do my own, that gives me the flexibility to do N-tick charts and calculate all the cross rates.

Betting duty was abolished in 2001 and replaced with a tax on gross profits paid by the bookmaker. For financial spreadbets, the bookmaker pays 3% of gross profits as tax. That is why spreadbetting is tax free for the punters. 3% of all the spreadbetting losses is a much better deal for the...