Hello everyone and happy new year!
I am trying to run a new strategy on spread-bet demo and keep getting rejected. I like to run the smallest size possible, which I believe to be £0.05 per point on DJI (see attached screenshot taken from IG), however in the PRT order list it gives £1 per point as the minimum.
I have made a code to see what can get through on the backtest and that came back as 0.2 – still much more than expected.
Any ideas?
cheers
Leo
defparam cumulateorders = false
positionsize = 0.2
if high > low then
buy positionsize perpoint at market
endif
if longonmarket and low > high then
sell at market
exitshort at market
endif
//-----//
if low > high then
sellshort positionsize perpoint at market
endif
if shortonmarket and low < high then
sell at market
exitshort at market
endif
I believe to be £0.05 per point on DJI
With IG on SB, min pos size on DJI is …
- £0.20 per point on Live.
2. £1.00 per point on Demo.
Thanks for the reply GH….Is there somewhere I can see that in PRT? I have been working from what IG has on their browser platform so far and they have 0.5 on demo and 0.05 on live for dji
IG have a ‘reduced minimum pos size’ for 1 month after opening an account.
https://www.ig.com/uk/reduced-minimums
Ispent 5 mins or so trying to find a link for you to IG’s ‘standard position sizes’ (applied after the first 1 month) … I could not find a link for you, sorry.
Here is a link to the type of info you need (link below is for CFD’s).
https://a.c-dn.net/c/content/dam/publicsites/1627463062749/igcom/sg/files/product_module/ProductDetails/Indices/Contract%20Details%20-%20IG%20Wall%20Street.pdf
IG have a ‘reduced minimum pos size’ for 1 month after opening an account.
Aha! That will be why. You’ll recall from another thread I only recently opened my SB account.
Thanks for your help!
Leo