Index traders please explain the following....

[Wysiwyg]

Anyone please? That one bar stopped me out before the market went positive. I telephoned IG and they said the Futures market is what they derive their price from outside market times. 9.55 it happened according to them.

This is exactly what I mean about being blatantly ripped off.

 

[professor_frink]

you can get a chart of the futures here to check these things out:

http://futuresource.quote.com/quote...450&chartDensity=MEDIUM&userStudies=&x=47&y=5

4468 was the low print on march futs this morning.

Perhaps stop placement was the issue here and not being "ripped off"

 

[Wysiwyg]

you can get a chart of the futures here to check these things out:

http://futuresource.quote.com/quote...450&chartDensity=MEDIUM&userStudies=&x=47&y=5

4468 was the low print on march futs this morning.

Perhaps stop placement was the issue here and not being "ripped off"

Thanks for the confirmation. No I don't think so, have placed stop outside LL & HH and been taken out many times too. It's only one price spike that does it and I am content now with the knowledge it is part of the game. Thanks again for your confirmation.

Next.

 

[skc]

Thanks for the confirmation. No I don't think so, have placed stop outside LL & HH and been taken out many times too. It's only one price spike that does it and I am content now with the knowledge it is part of the game. Thanks again for your confirmation.

Next.

Lol that spike down was my take profit

 

[skyQuake]

Huge volume on the SPI there, maybe fat finger? Ridiculous move that snapped right back..

SKC you gotta stop hitting market with those orders

 

[skc]

Huge volume on the SPI there, maybe fat finger? Ridiculous move that snapped right back..

SKC you gotta stop hitting market with those orders

Lol. Sry I just wanted 2 contracts but accidentally got 200. Oh well, what's $5K a tick anyway.

 

[operandi]

U guys and ur SPI

 

[Wysiwyg]

Lol that spike down was my take profit

4500 would have been a good long entry. Maybe some mates had to be picked up before the rise starting that very morning. Still suss how 'they' spike anything close before the run. Comeuppance due there.

 

[Uncle Festivus]

Anyone know where I can find the daily ASX index dividend adjustment in points ie the number of index points calculated by the ASX? or S&P? corresponding to the value of index dividends?

I had a single short Australia 200 $5 mini with IG Markets who then charged me $55 as dividend, which equates to 11 points as dividend adjustment. So how is this 11 points derived? They advised me that it was an ASX function, but can't find anything on the ASX site for this??

 

[Wysiwyg]

I had a single short Australia 200 $5 mini with IG Markets who then charged me $55 as dividend, which equates to 11 points as dividend adjustment. So how is this 11 points derived? They advised me that it was an ASX function, but can't find anything on the ASX site for this??

The dividend calculation is a grey area for sure reflected in that it was an ASX function. Biggest slug I had was AUD560 for an overnight hold which turned a profit into a loss. These two trades were same day and I was slugged too.
Works the other way too if you don't get spiked off.

 

[tech/a]

Why don't you trade SPI futures?

None of these problems and you can set condition buy or sell stop orders
If O/N

 

[Uncle Festivus]

Why don't you trade SPI futures?

None of these problems and you can set condition buy or sell stop orders
If O/N

Too lazy I suppose - who do you trade with? So dividends aren't a factor with futures?

I'd still like to know how they derive these things.....

 

[tech/a]

IB
$5 each way
For FTSE £10 a tick
Margin/ contract approx 5000
you need $15000 to open an IB account

You can trade anything that is listed in any place in the world.
The platform is second to none.

 

[rezabd]

IB
$5 each way
For FTSE £10 a tick
Margin/ contract approx 5000
you need $15000 to open an IB account

You can trade anything that is listed in any place in the world.
The platform is second to none.

Can I trade DSE (Dhaka stock exchange) listed stocks in Bangladesh?