shugParticipant
Average
levels I have been watching
JSParticipant
Master
The next support is around 11,800…
At least in my graphs, of course it’s all subjective…
shugParticipant
Average
2 different charts, the one I’m on is us30, wall st daily
The numbers are completely different and so is the instrument
Not sure if I can get your chart up, I’ll have a look
JSParticipant
Master
That’s right, you only trade on the Dow Jones and I only trade on the Nasdaq…
shugParticipant
Average
I think this is it?
I put support resistance lines on it, as you said though just my own opinion (the lines)
shugParticipant
Average
I just noticed the margin is cheaper on this chart
Maybe many tadpoles make a wale ?
Maybe I can
catch up ?
JSParticipant
Master
From the looks of it, the margin obligation with you is also 5%… (leverage 20)
shugParticipant
Average
Looks like your doing just fine !
shugParticipant
Average
my margin
both at £1 a point
shugParticipant
Average
Im over £1000 more for margin requirements for just £1 a point which is shocking
JSParticipant
Master
It’s the same at IG, (big) US markets all have a 5% margin…
For the Dow Jones, that amounts to a margin of: 5% * 33,300 = 1665 euros
shugParticipant
Average
Contra to popular belief I too have losses, none since I started the challenge but before that I had a few
shugParticipant
Average
When I started trading it was £100 margin for £1 a point! big difference
shugParticipant
Average
Usually about this time I turn the computer off, getting dinner, then get dog out then relax and watch tv before bed then repeat the process tomorrow,
Catch you all tomorrow, good night