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  1. C

    Recommend a broker to me

    Anyway, we are getting a bit off topic now. I am still looking for a spread-betting broker with very low minimum bet per pip and a wide variety of markets offered. Thanks all
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    Recommend a broker to me

    I'm not worried about having capital tied up because i only have up to 3 trades running at the same time. What I mean is I want to be able to set a stop-loss say 3% away from the current price, and if get stopped out I lose 1% of my capital which is £140. With IG this is closer to £1,400
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    Recommend a broker to me

    lucysparabola, i dont measure risk in terms of the margin size.
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    Recommend a broker to me

    Thanks for your responses. As regards IB, what is the minimum leverage I can trade USDRUB with? Also I suspect they don't offer spreadbetting, which means i'd have to pay 40% tax on all profits, no? The issue with leverage is this: IG wants me to put a minimum of 0.1 pounds per "pip" to trade...
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    Recommend a broker to me

    Hi everyone. I am based in the UK and have a small account (c. £12k). I trade conservatively, rarely risking more than 1% for one trade. I sometimes have very wide stops, as my trading horizon can be weeks to months. Therefore I need a broker that offers low leverage. I have used IG...
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    Cane's trade journal

    The DAX and FTSE are down c. 0.6% this morning. S&P 500 is hitting an important resistance levels today. I am generally bullish and expect a continued stream of earnings surprises, but I would need to see a break above this level to get in. US CPI coming out today, the consensus expectation...
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    Cane's trade journal

    Asian markets held up well, European markets opened up almost 1%. The trade was in the green briefly this morning and I reduced my position a little bit so I can have room for a wider stop - something I will be considering this morning. Bonds are getting a bit of a bid but nothing significant...
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    Cane's trade journal

    Looking slightly better now. I hate it how I bought at a relatively high level. Did this because I didn't want to miss the opportunity - the V shaped bounce looked like a very reliable signal. I need to learn to be more patient, though recognizing I will never pick the actual bottom...
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    Cane's trade journal

    Near term bullish on DJIA, although not aiming for new highs in the near future. Motivation: Despite the weird Wednesday: - the R2K looking more positive, - HY spreads stable - 10y yield picked up - XLY outperformed XLP 2 days in a row. The risks - well they're everywhere... The stop...
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    Trading is a Long Term Business

    That's a very good post. How do you intend to play the crash?
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    Cane's trade journal

    EURUSD back in the black, currently trading at 1.2650 I'm closing the UST Bund trade, the spread has narrowed much more quickly than I had anticipated. Will consider re-entering on pullbacks. See chart: I will be looking to short the 10 y USTs @ 2.1% or lower. I think news flow will...
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    Cane's trade journal

    I've bought the VIX Oct future @ 22.03 as the SPX closed below 1879. Stop @ 19, TP@26. A rather poor reward/risk, but this is more of a hedge than a directional view as I still have a lot of capital tied in physical stocks. My EURUSD position is in the red, currently trading at 1.2745. No...
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    Cane's trade journal

    An interesting breakout emerged last week on the XLP/XLY chart: https://www.tradingview.com/x/wzCcGPXr/ Longer-term chart for perspective: One would obviously need to be bearish on the economy to enter this trade. I think it will range-trade over the following year or so - longer term chart...
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    Cane's trade journal

    Not intending to trade today. Price action has been unusually unpredictable last week. On the one hand, some of the big recent moves are consolidating (e.g. DXY), while volatility has spiked in equity markets and bonds keep getting bid up. On paper, the forthcoming quarter should be good for...
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    Cane's trade journal

    Hi everyone A quick introduction - I work in investment research department for a multi-asset fund in Europe.The fund manager implements no more than two to three TAA views per year. While I think the process is appropriate for this fund's mandate, I've found that a lot of views and trade ideas...
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