IGindex discussion thread
Discussion
Robatr0n said:
I just made £1.42! 
Eta - Then again, I am only betting 20p per point so I am pretty happy. I am taking minimal risks and betting on binary commodities.
Eta - Then again, I am only betting 20p per point so I am pretty happy. I am taking minimal risks and betting on binary commodities.
I made £3! But that just brings me back to where i started after an 'expensive' screw up yesterday
Without my mistake, over 3 days I would have made £4.70 with 10p bets. If you scale that up to what DJC originally stated it matches up perfectly! With £10 bets i would have made £470 in my first three days.
Edited by hedders on Thursday 10th May 14:44
DJC said:
I was going to avoid the topic otherwise I could sense an argument looming and I cant be arsed.
That sounds fair enough & quite understandable.
But thanks for your initial comments, it's at least prompted me to do a bit of reading & light experimentation. I for one would be interested in any more anecdotes you have to share or insights into the decision making process that goes through your mind before deciding on a trade.
It's nice & quiet in here so hopefully there'll be no willy-waving!
OK Ive just scanned through and see none of the City boys doing their usual hooray henry rara arent we brilliant cos we earn more money than you chaps, claptrap.
First off...it is *very* easy to lose a lot of money doing this. Be under no illusions.
Ok, Golden Rule:
Patience is the most important attribute.
Always, always, always exercise patience. I have found there is only one way to learn this...lose money.
There is always another deal, in the next binary. The next hour, day, week, etc.
The binaries have human characteristics. They are not strictly logical. I have told several ppl now when they have informed that either the Gold or Silver binaries have bingo'd out early on to carry on watching because they will often come back. The hourly binaries and 20mins also have quirks of personality, such as last minute changes of direction and despite spending 99% of the time one way, will flip in the last minute. With time you learn to spot these. You learn to sense when they will happen. You WILL not sense every one and you will lose money, just learn to spot enough of them so you can make more money before you lose.
Dont bet all your pot, there is no need. Slowly and surely will serve you much better.
Oh and "bingo'ing out" for those who have been wondering why Im talking crap is from the air world. Bingo fuel and bingo ammo means there is nothing left in the pot and rtb.
First off...it is *very* easy to lose a lot of money doing this. Be under no illusions.
Ok, Golden Rule:
Patience is the most important attribute.
Always, always, always exercise patience. I have found there is only one way to learn this...lose money.
There is always another deal, in the next binary. The next hour, day, week, etc.
The binaries have human characteristics. They are not strictly logical. I have told several ppl now when they have informed that either the Gold or Silver binaries have bingo'd out early on to carry on watching because they will often come back. The hourly binaries and 20mins also have quirks of personality, such as last minute changes of direction and despite spending 99% of the time one way, will flip in the last minute. With time you learn to spot these. You learn to sense when they will happen. You WILL not sense every one and you will lose money, just learn to spot enough of them so you can make more money before you lose.
Dont bet all your pot, there is no need. Slowly and surely will serve you much better.
Oh and "bingo'ing out" for those who have been wondering why Im talking crap is from the air world. Bingo fuel and bingo ammo means there is nothing left in the pot and rtb.
DJC said:
Patience is the most important attribute.
Always, always, always exercise patience. I have found there is only one way to learn this...lose money.
I think I experienced this yesterday. I nearly sold when I was £200 down but something told me to be patient. Ended up about £40 up!
superkartracer said:
Thanks for all this advise! at first thought it was a scam.... but seems your into helping people out which is great.
Have many questions will post later.
Cheers
Have many questions will post later.
Cheers
A scam?
Yes, IG Index, the largest spread betting firm in the world is running a scam. City Index, capital markets and all the over large firms who advertise all over Bloomberg and the financial world are scams.
Ive just taken the money off 80 odd ppl on phs to run their investments for a scam.
Ive put my name and rep on the line for a scam.
Ive put my own business on the line for a scam.
Ive written several posts outlining in rather explicit detail how you can
up and lose a lot of money quite considerably for a scam. Ive outlined the money Ive personally made for a scam.
Ive outlined how much Ive lost in 5 mins for a scam.
FFS! At least engage some braincells before speaking. Or better yet, do some research of your own instead of just reading what you see posted on P&P because you know, that would require soooo much effort.
Dunno why I bother sometimes.
DJC said:
superkartracer said:
Thanks for all this advise! at first thought it was a scam.... but seems your into helping people out which is great.
Have many questions will post later.
Cheers
Have many questions will post later.
Cheers
A scam?
Yes, IG Index, the largest spread betting firm in the world is running a scam. City Index, capital markets and all the over large firms who advertise all over Bloomberg and the financial world are scams.
Ive just taken the money off 80 odd ppl on phs to run their investments for a scam.
Ive put my name and rep on the line for a scam.
Ive put my own business on the line for a scam.
Ive written several posts outlining in rather explicit detail how you can
up and lose a lot of money quite considerably for a scam. Ive outlined the money Ive personally made for a scam.
Ive outlined how much Ive lost in 5 mins for a scam.
FFS! At least engage some braincells before speaking. Or better yet, do some research of your own instead of just reading what you see posted on P&P because you know, that would require soooo much effort.
Dunno why I bother sometimes.
Thanks... I meant people don't offer free advise to make money, so was looking for a catch and after READING though the posts was thanking you for your effort that's all.
Edited by superkartracer on Thursday 10th May 20:17
uhoh. think there's been a bit of a misunderstanding.
DJC we really appreciate the time you've taken to explain and re-explain.
I think the problem is that most of the guys who've started trading from PH have never come across IGindex before never mind binary trading, so it all appears to be a bit odd as a potential get-rich-quick scheme, despite the huge pitfalls. I guess in a way, I'm more trusting because I've been using* IGindex for about 8 months already. Anyway, bear with us newbies, we're bound to ask stupid questions.
*-giving my money to...
DJC we really appreciate the time you've taken to explain and re-explain.
I think the problem is that most of the guys who've started trading from PH have never come across IGindex before never mind binary trading, so it all appears to be a bit odd as a potential get-rich-quick scheme, despite the huge pitfalls. I guess in a way, I'm more trusting because I've been using* IGindex for about 8 months already. Anyway, bear with us newbies, we're bound to ask stupid questions.
*-giving my money to...
Edited by shadowninja on Thursday 10th May 20:15
shadowninja said:
uhoh. think there's been a bit of a misunderstanding.
DJC we really appreciate the time you've taken to explain and re-explain.
I think the problem is that most of the guys who've started trading have never come across IGindex before never mind binary trading, so it all appears to be a bit odd as a potential get-rich-quick scheme. I guess in a way, I'm more trusting because I've been using IGindex for about 8 months already.
DJC we really appreciate the time you've taken to explain and re-explain.
I think the problem is that most of the guys who've started trading have never come across IGindex before never mind binary trading, so it all appears to be a bit odd as a potential get-rich-quick scheme. I guess in a way, I'm more trusting because I've been using IGindex for about 8 months already.
Edited by shadowninja on Thursday 10th May 20:11
Just a bit....
superkartracer said:
DJC said:
superkartracer said:
Thanks for all this advise! at first thought it was a scam.... but seems your into helping people out which is great.
Have many questions will post later.
Cheers
Have many questions will post later.
Cheers
A scam?
Yes, IG Index, the largest spread betting firm in the world is running a scam. City Index, capital markets and all the over large firms who advertise all over Bloomberg and the financial world are scams.
Ive just taken the money off 80 odd ppl on phs to run their investments for a scam.
Ive put my name and rep on the line for a scam.
Ive put my own business on the line for a scam.
Ive written several posts outlining in rather explicit detail how you can
up and lose a lot of money quite considerably for a scam. Ive outlined the money Ive personally made for a scam.
Ive outlined how much Ive lost in 5 mins for a scam.
FFS! At least engage some braincells before speaking. Or better yet, do some research of your own instead of just reading what you see posted on P&P because you know, that would require soooo much effort.
Dunno why I bother sometimes.
Thanks... I meant people don't offer free advise to make money, so was looking for a catch and after READING though the posts was thanking you for your effort that's all.
Edited by superkartracer on Thursday 10th May 20:17
People offer free advice on how to make money all the time. Whether that advice is any good and whether those who try to practice that advise have the ability to are different things entirely.
The catch is also rather obvious...its gambling!
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