This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

The transition to Futures trading

Jump to new
Cheers PAV, I thought that would be the case. Work is settling down again so I will be allocating more time again.

Kid, I have been looking into AMP. I cant use IB with the current restrictions anyway. Might as well sim on the platform I will eventually be using.

Also, possibly Tradestation Securities so I can have everything together
 
tech/a said:
Having fun!
Click to expand...
It would have been more fun if I'd been home at the time!

I was out and about for 7 hours (approximately 3 hours of which was travelling). I was only able to check in on my accounts every now and then. My longest lasting laptop has a very small screen (one which often renders it nigh on impossible to maintain all of my open positions). It was a FTSEing nightmare trying to actively monitor and manage my accounts!

Those FTSEing PIIGS! They certainly chose the right night!
 
58,

what do you mean you can't use IB with the restrictions? my understanding was trading futures was not influenced. ie, if you have the margin to trade the FTSE, then you can trade it?
 
I stayed up for the US open to see how price reacted.

One off at 6616 another trailed over night and taken out at 6631.
About 10 points lost in between too trying to take more trades.


I'm not sure what I'm expecting from here.

US and Europe behaving differently at the moment.


I'm hoping for some consolidation and a bit of a push up to get on for the major break down if it happens.
 
Having said that I'm still short focused and will not take a long against this tide.

I will look to see if price pushes up a bit on open and then fails again.

But not expecting anything huge (although not ruling it out).
 
Kid,

I am not sure if it is because I joined IB after the restrictions but when I tried to setup my trading permissions this is what I received.

Dear Fifty Eight,

You recently completed a request to add certain trading permissions to your account at Interactive Brokers.

We are unfortunately unable to process your request for additional trading services/permissions.

Due to ongoing changes in the IB account structure, certain features of our advanced account types are not available for upgrade, including margin accounts, and leverage forex accounts. Existing account features and capabilities are unaffected.

We apologize for any inconvenience and this situation may have caused.

Regards
 

BUMP.


This assessment as the time was based on price action alone, as I previously stated.

I couldn't give a stuff what IG clients are doing, whether buying or selling. I look at price action alone to make my assessments.
 

hmm that's really weird?? Perhaps others on the forum can provide more insight? I know there has been an issue with trading on margin with IB (I know a lot of stock traders had to reduce their portfolio for example) but my understanding was this was separate to simply trading futures with the required margin in your account.

Edit:

not sure what the story is 58, see link below you should be allowed to trade futures.

http://ibkb.interactivebrokers.com/article/2101
 
Yes, 58, my guess would be you've checked boxes for leverage on stocks and forex. Futures by its very nature is already leveraged. I don't recall issues like that when signed up a few months ago.
 
My thinking has been more to the long side short term. Looking for a bounce from the base.

Last night I made a good trade and then threw everything away getting in and out of trades to both sides.
Terrible.
 
Far out!!!
SPI at resistance.

Shorted yesterday around 75 I think. Out BE.




This morning I shorted at 83, stop 93.

It pushes back up to 94 then collapses.

So annoyed.



I considered putting a stop above the previous high of 98.
 
Contemplated re-entry but it would have been more than 10 points risk and could have easily not worked out.

Maybe should have. Not sure.
 
pavilion103 said:
This morning I shorted at 83, stop 93.

It pushes back up to 94 then collapses.

So annoyed.
Click to expand...
The stiff left jab before a fall. Presently out of the markets completely so no pain nor joy here. Spectating not speculating.
 
What's everyone's theories on the opening shenanigans on the DAX like so, big whip saw, it often does this on the first few bars when cash opens. How can you possibly pick a direction out of that, constant whipping from one extreme to the other

 
ThingyMajiggy said:
What's everyone's theories on the opening shenanigans on the DAX like so, big whip saw, it often does this on the first few bars when cash opens. How can you possibly pick a direction out of that, constant whipping from one extreme to the other
Click to expand...
Just looking at the DAX I notice a couple of creek crossings took place recently. Obviously the first one failed to continue upward as much as the second one has. Just spectating.

 
You must log in or register to reply here.

Similar threads

R
Can trading platforms change the value of candles that have already closed?
Replies
8
Views
1K
peter2
I
Pty Ltd for trading & individual account for investing
Replies
7
Views
3K
investtrader
All trading needs to cease for 14 days prior to Monday open in Sydney
2 3 4
Replies
75
Views
11K
divs4ever
J
The 'plan'
Replies
5
Views
2K
ducati916
The Portfolio MYTH-----Do you need to change your thinking?
10 11 12
Replies
221
Views
39K
bngood
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...