Algo stopped Position closed

Forums ProRealTime English forum General trading discussions Algo stopped Position closed

Viewing 15 posts - 316 through 330 (of 419 total)
  • #251924

    Some people simply do not want to see reality. But who cares…

     

    And yes, it would be a good idea if you ask IG : when do I pay the spread fee ?

     

    https://www.ig.com/de/trading-glossar/spread-definition

    #251925
    JS

    You’re right about that…

    #251926

    Excerpt from the IG page https://www.ig.com/de/trading-glossar/spread-definition:

    Buy spread (offer)
    The buy spread refers to the price a trader must pay to acquire an asset. This is usually slightly above the current market price. For traders, a narrow buy spread means low entry costs. In markets with high liquidity, buy spreads are often low.

    Sell spread (bid)
    The sell spread refers to the price a trader receives when selling an asset.

    This price is below the market price. A narrow sell spread minimizes the difference between what you receive when selling and the current market value of the asset. In volatile or less liquid markets, sell spreads can be wider, resulting in higher trading costs.

    Translated with DeepL.com (free version)

    #251927
    JS

    Last time: again, you are talking about the IG market spread and not the IG spread fee

    #251928

    ?? Market spread is the same as “spread fee” at IG. At least for indices.

    In DAX, you have a spread of 1.4 during normal trading hours from 9:00 to 17:30. Or lately, in France 1.8 points. This is the “fee” you pay to IG. No more and no less. There is no other fee or commission for indices.

     

    Except for overnight fees, of course, but this has nothing to do with spreads.

    #251929

    I would have preferred to see an update from @Nicolas on the PRT issue rather than things that have nothing to do with the problem here.

    1 user thanked author for this post.
    #251931

    At least the spread “problem” has been solved and explained, now that everyone understands what an IG spread is, and why it may be different in different countries : 1.0 in Germany, 1.4 in Switzerland and 1.8 in France, all for a DAX 1 € contract.

    #251933

    Well, since no updates are given to us whatsoever, and nothing changes as well whatsoever for two weeks, people like to discuss other things, right ?
    Indeed as offtopic as h*ll.

    Someone started about “spread fee” while another responds to that ad infinitum while no such thing as “spread fee” exists.
    We have Spread (IG) and we gave Commission (IB) and for some products IG charges both the spread and a fee; Nobody should start talking about a “spread fee” which does not exist, while both of you now want to be right on that phenomenon. This is not even amusing.

    Btw, it is obvious that what IG charges for her services can be called a “fee” in general. That this fee is payed via the spread (unlike what IB does) is also obvious. But to call this a spread fee which exists apart from the spread is … hallucinating ?
    Unless you can prove otherwise of course. Who is “you” is up to you.

    #251934

    I think Nicolas won’t hear from him again until everything is resolved. What can he say other than that, we’re working to resolve what IG has done.
    It’s most likely very difficult to resolve.

    #251935

    And for all of you who complain that their backtests are no longer the same as before on PRT, I have the following advice : Run your backtests that you have done before with the DAX CFD at IG once again with the real Eurex data of FDAX. You will see that the backtest results are completely different, although the deviations in price between the CFD and the Eurex future are small.

     

    It simply means that most backtests are garbage anyway, because they have been overoptimized for the exact data.

    #251936

    When IG made the transformations it did not notify prorealtime and this is the consequence

    #251937

    What I find blatantly scoffing is that during all this time the only thing PRT can produce is what you see below. No updates – just always the same nothing telling story. And this is PRT’s story. Not IG’s.
    Nicolas can tell for the xth time what is going on (which is nothing) emphasizing foremost that it is IG to blame, but it is PRT who deals with customers (us), through Nicolas or is actually not at all (Nicolas is not PRT).

    In any real world things don’t work like this. If I would let down a customer (one !!) for more than 4 hours and no orders can be processed, hell breaks loose and within no-time the claims rise with millions each day. Here ? here instances seem to get away with letting the customer wait, not even a daily update about work done or failed – and no prospect of a due solution (or never due solution).

    It was said earlier today : this is unacceptable.

    #251939

    As good old Vonasi used to say : ProRealcode is a promotional site for ProRealtime. Nothing bad about this, because it is also an additional link between ProRealtime and its customers.

    #251940

    It simply means that most backtests are garbage anyway, because they have been overoptimized for the exact data.

    Yes, LOL But FYI and since you asked about re-backtesting US 500 and DAX, I would not know how to do that because I have no data I can use. I mean, I have the current data all right, but I have no past orders with results (nobody has if all is right – uhh).
    In IG I have 125 ever-Live systems  – might this be hard to believe, below the 123 from IB in one account and the order data itself testifies of those Systems themselves – over which period they ran and thus what and how to re-backtest. Any suggestion how to do this for IG with totally nothing there ?

    #251943

    As good old Vonasi used to say : ProRealcode is a promotional site for ProRealtime. Nothing bad about this, because it is also an additional link between ProRealtime and its customers.

    ADDITIONAL link ?
    Which other links did I always miss ?

    Heck, ProRealTime can post here too. Where are they ?

Viewing 15 posts - 316 through 330 (of 419 total)

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