35854 replies to this topic

[Future Warren Buffet]

Even if you were R100k up I would have closed it, because as you said, you "accidentally" opened it and do not know what it is or how it works.  IMO and from my limited experience, that is not the way you want to trade.  First start small and familiarize yourself.

 

But yeah, that is just my 2c.  Looking at things, you might hold it and end up with a profit, but still - you do not know what you are doing at the moment and than in itself is more dangerous I think.

Thanks AJS. Just started with it and the not know  that 1 pip = R50. Thanks

[Future Warren Buffet]

Just remember
Cash R50 per pip. R5000 per 100 pips. R50000 per 1000 pips.
Mini R10 per pip. R1000 per 100pips. R10000 per 1000 pips.
Micro R2 per pip. R200 per 100pips. R2000 per 1000pips.

If you just started IG will let you take 1 Micros for now but in a week min will be 2 micros at a time, so double that break down.
And learn as much as you can. Take AJS comment serious

Thanks so much guys.

[Django]

Sorry to bother you guys. Now losing R1100. Should I call it or just wait.

Just remember
Cash R50 per pip. R5000 per 100 pips. R50000 per 1000 pips.
Mini R10 per pip. R1000 per 100pips. R10000 per 1000 pips.
Micro R2 per pip. R200 per 100pips. R2000 per 1000pips.

If you just started IG will let you take 1 Micros for now but in a week min will be 2 micros at a time, so double that break down.
And learn as much as you can. Take AJS comment serious

[RBM]

Even if you were R100k up I would have closed it, because as you said, you "accidentally" opened it and do not know what it is or how it works.  IMO and from my limited experience, that is not the way you want to trade.  First start small and familiarize yourself.
 
But yeah, that is just my 2c.  Looking at things, you might hold it and end up with a profit, but still - you do not know what you are doing at the moment and than in itself is more dangerous I think.

perfectly correct

[AJS]

Even if you were R100k up I would have closed it, because as you said, you "accidentally" opened it and do not know what it is or how it works.  IMO and from my limited experience, that is not the way you want to trade.  First start small and familiarize yourself.

 

But yeah, that is just my 2c.  Looking at things, you might hold it and end up with a profit, but still - you do not know what you are doing at the moment and than in itself is more dangerous I think.

[Qbre77]

Sorry to bother you guys. Now losing R1100. Should I call it or just wait.

Where did u short it?

[RBM]

Sorry to bother you guys. Now losing R1100. Should I call it or just wait.

it ur willing to loose 5k with a 100 point move against u then hold, obviously the inverse can bring u the same as profit

[Django]

Those cash are wild if you have a small Acc rather close remember it's R50 for every pip it moves. Market will come down but may be choppy.

[Future Warren Buffet]

Sorry to bother you guys. Now losing R1100. Should I call it or just wait.

[Future Warren Buffet]

Is it an IG cash, mini or micro?

IG Cash

[RBM]

Good shot! Right between the eyes.
 
The first volley missed ... but that 2nd was spot on. 

hehehe

[Django]

Is it an IG cash, mini or micro?

[Future Warren Buffet]

Just accidentally short SA 40 Cash. What is that? How does it look?

Sorry, only opened 1 pos.

 

[HDB]

I think A has got it right...Tonight Us may just tank...not much but I reckon it will less than what the futures show!

 

Mr Druggie is all talk but no action!  and Euro is getting punished for this!!

[gannet]

let's try again...Boom Boom!!!

 

Good shot! Right between the eyes.

 

The first volley missed ... but that 2nd was spot on. 

[RBM]

reversal daily candle tonight close below 45700 will spark very bad outcome tomorrow

[RBM]

I'm Expecting a retest at the 45000 level...starting bloody tonight to conclude the bloody week...

I think the Dow was listening...starting with tanking already

[RBM]

is filling the gap on 46300ish (T40 Futures) not more likely tomorrow if S&P500 dont swing lower tonite?

 

I mean day after their labor day is up 12 of last 18 times and even just a marginal higher than the last 2005 shld give bears some cause for short cover then perhaps the much needed pullback just to cool off (not the implosion we expect on ours!) - so I will short on any reversing from that 46300ish gap close area, probably tomorrow

I'm Expecting a retest at the 45000 level...starting bloody tonight to conclude the bloody week...

Edited by RBM, 02 September 2014 - 05:44 PM.

[OceanWalz]

let's try again...Boom Boom!!!

is filling the gap on 46300ish (T40 Futures) not more likely tomorrow if S&P500 dont swing lower tonite?

 

I mean day after their labor day is up 12 of last 18 times and even just a marginal higher than the last 2005 shld give bears some cause for short cover then perhaps the much needed pullback just to cool off (not the implosion we expect on ours!) - so I will short on any reversing from that 46300ish gap close area, probably tomorrow

[RBM]

Boom!!!

let's try again...Boom Boom!!!