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ALSI Trades

Started by Plasma , Apr 03 2013 09:05 PM

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#28281 Plasma

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Posted 04 November 2013 - 01:48 PM

Long @40697.
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#28282 K~~

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Posted 04 November 2013 - 01:40 PM

She doesnt know...... yet!

 

She'll smell it! A bloodhound is no match...  :P

 

PS I still remember (and will never forget) my first trade with too large a position going against me...  :o  :o  :o  :o


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#28283 mdma

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Posted 04 November 2013 - 01:19 PM

A word of warning... If you worry about what the wife will say when you lose money, don't even start with IG. Even with good risk management you will probably blow 50% of your first account in days/weeks. 

 

The money that you trade with must already be gone in your mind (and that of your wife!). Otherwise your emotions will let you make bad decisions.

 

Good luck!

 

K

She doesnt know...... yet!


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#28284 McIce

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Posted 04 November 2013 - 01:01 PM

A word of warning... If you worry about what the wife will say when you lose money, don't even start with IG. Even with good risk management you will probably blow 50% of your first account in days/weeks. 

 

The money that you trade with must already be gone in your mind (and that of your wife!). Otherwise your emotions will let you make bad decisions.

 

Good luck!

 

K

 

Noted.  

 

Thanks K


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#28285 K~~

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Posted 04 November 2013 - 12:54 PM

I almost want to say it looks like some big players are selling into strength. Albeit @ low volumes.

 

You're right Jakes. Those long tails to the top (dailies) shows selling at the higher levels...


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#28286 K~~

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Posted 04 November 2013 - 12:51 PM

Fair enough.  I understand the psychology part of it.  However, imho using a "marketing tool" to do "market research" before venturing real capital works for me at this stage.  The wife would have rather wanted that new duvet set instead of me trying to lose money on something I have little knowledge of.

 

You  guys are doing a sterling job in educating the noobs.  Keep it up!

 

A word of warning... If you worry about what the wife will say when you lose money, don't even start with IG. Even with good risk management you will probably blow 50% of your first account in days/weeks. 

 

The money that you trade with must already be gone in your mind (and that of your wife!). Otherwise your emotions will let you make bad decisions.

 

Good luck!

 

K


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#28287 Sunesis

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Posted 04 November 2013 - 12:49 PM

Fair enough.  I understand the psychology part of it.  However, imho using a "marketing tool" to do "market research" before venturing real capital works for me at this stage.  The wife would have rather wanted that new duvet set instead of me trying to lose money on something I have little knowledge of.

 

You  guys are doing a sterling job in educating the noobs.  Keep it up!

Please don't me mind me being aggresive on my posts. It's part of my nature.

 

Trading is a aggresive game. That's why you will find that most people who make it are either sports minded or had a sports backround.

Academics are the biggest losers in trading.

 

They are probably the ones on the short side. They just calculate too many things. The market is not leaner or mathematics. 1+1 is not 2 in trading.

Anything can happen


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.

#28288 Mhlato

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Posted 04 November 2013 - 12:46 PM

OceanWalz, check the support @ M4 on a 5 min chart (986 futures)


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"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch

#28289 Beorn

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Posted 04 November 2013 - 12:37 PM

I almost want to say it looks like some big players are selling into strength. Albeit @ low volumes.


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Alsi future

 

I only post my views, not advice

#28290 McIce

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Posted 04 November 2013 - 12:34 PM

Demo account does not work on your Pshycology side of trading.

According to me that is the most important  part of trading.

 

The Demo account is just a marketing tool. The real learning starts when you make your 1st trade with real money.

 

Demo account for me is a real waste of time. It's like practicing how to die. Nobody can practice that.

 

Real trading with real money means you you live and die a thousand times a day. Nothing can ever prepare you for that.

 

Put some real money and get in with the big boys.

 

http://www.youtube.c...h?v=MwKYjZ_8EcE

 

 

Fair enough.  I understand the psychology part of it.  However, imho using a "marketing tool" to do "market research" before venturing real capital works for me at this stage.  The wife would have rather wanted that new duvet set instead of me trying to lose money on something I have little knowledge of.

 

You  guys are doing a sterling job in educating the noobs.  Keep it up!


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#28291 Lekkerry

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Posted 04 November 2013 - 12:31 PM

Not the IG ones (either way).

 

 

 

They still busy investigating..just spoke to them!

 

But as always some investors made and lost serious money with it being down!

 

A


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D

#28292 Argento

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Posted 04 November 2013 - 12:29 PM

Does anyone know what actually caused the Safex problem?

They still busy investigating..just spoke to them!

 

But as always some investors made and lost serious money with it being down!

 

A


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"Never never never give up!"



 


 

 
 

 

#28293 McIce

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Posted 04 November 2013 - 12:28 PM

You must have a fat purse. To play 20 full contracts on a single trade I estimate you need a trading account of about 5mil...  :D

Actually not  LOL

 

Lets see how this pans out.  Buying the next dip......  


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#28294 Sunesis

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Posted 04 November 2013 - 12:24 PM

I'm in @ 40,793  (demo account though)  20 contracts.  Made R900k in the last week.  Do not fail me now!

Demo account does not work on your Pshycology side of trading.

According to me that is the most important  part of trading.

 

The Demo account is just a marketing tool. The real learning starts when you make your 1st trade with real money.

 

Demo account for me is a real waste of time. It's like practicing how to die. Nobody can practice that.

 

Real trading with real money means you you live and die a thousand times a day. Nothing can ever prepare you for that.

 

Put some real money and get in with the big boys.

 

http://www.youtube.c...h?v=MwKYjZ_8EcE


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.

#28295 HendrikB

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Posted 04 November 2013 - 12:21 PM

Lol :) Your sharp thinking and quick reaction is awesome! I say keep the cash you withdrew and close out your IG account and find a new platform to trade on. It's not your fault their system stuffed up.

 

What alternatives are there to IG that offers similar amount of leverage and low transaction costs?


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#28296 Beorn

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Posted 04 November 2013 - 12:20 PM

Does anyone know what actually caused the Safex problem?


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Alsi future

 

I only post my views, not advice

#28297 snoop

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Posted 04 November 2013 - 12:19 PM

IG Charts seem to be OK now - looks like they removed spike...


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#28298 K~~

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Posted 04 November 2013 - 12:19 PM

Got the red line as good support and possible target...!(futures)

 

Assume you trading IG cash with your targets!

 

A

 

Looks good to me A! Yes, cash for my targets...


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#28299 Argento

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Posted 04 November 2013 - 12:16 PM

Concur, A.

 

Think we may have seen the reversal off 40920 and will have that mini-pullback that we have been waiting for this week! First target 40200 and if she really gets going then 39240-ish (Maybe too optimistic in this QE driven world).

 

K

Got the red line as good support and possible target...!(futures)

 

Assume you trading IG cash with your targets!

 

A


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"Never never never give up!"



 


 

 
 

 

#28300 K~~

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Posted 04 November 2013 - 12:15 PM

True, but I have to start SOMEWHERE k......  Same data and SAME principals.

 

Will open my real account soon   ;)

 

You must have a fat purse. To play 20 full contracts on a single trade I estimate you need a trading account of about 5mil...  :D


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

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