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Hedging/averaging trades without prediction

  • #3,101
  • May 10, 2024 11:10am May 10, 2024 11:10am
My main broker is Interactive Brokers, anyone traded this div strategy with them?

I guess all serious brokers pays the dividend, I will test with IB next week.


PC
Less is more...
  • #3,102
  • May 10, 2024 11:17am May 10, 2024 11:17am
Quoting pipcruiser
My main broker is Interactive Brokers, anyone traded this div strategy with them? I guess all serious brokers pays the dividend, I will test with IB next week. PC
i only use IG so cant tell you much about other brokers
  • #3,103
  • May 10, 2024 11:21am May 10, 2024 11:21am
Quoting griffc
{quote} anything with double figures (and a couple that were close). All closed the gap, strangely one didn't seem to move the market at all which confused me but was with the trend so still picked up some nice coin.
make sure you leave me some nice coin
  • #3,104
  • May 10, 2024 11:46am May 10, 2024 11:46am
Quoting T721
{quote} make sure you leave me some nice coin
.... Here you go !!
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always learning
  • #3,105
  • May 10, 2024 11:58am May 10, 2024 11:58am
Quoting pipcruiser
My main broker is Interactive Brokers, anyone traded this div strategy with them? I guess all serious brokers pays the dividend, I will test with IB next week. PC
i tried it with them but its all too complicated. they are computer nerds;-)

for stocks they are good if you can handle their system but everything else i dont like with them (like futures, forex or commodities).

then they want a monthly fees for their datas ($49 i think)

the problem with IG is they have high margin requirements.

maybe one knows a alternative broker to IG for the ftse div trade?
trading is like dancing, don't think and just listen to the music!
  • #3,106
  • May 10, 2024 12:06pm May 10, 2024 12:06pm
Quoting griffc
{quote} .... Here you go !! {image}
  • #3,107
  • May 10, 2024 12:09pm May 10, 2024 12:09pm
Quoting T721
{quote} exact same as ftse mate. another easy coin maker
You don't really need to trade just before the DIV, you can just trade the gap eg putting a LONG after the drop, obviously you won' get the DIV payout, would I be right in saying this Terry...
  • #3,108
  • May 10, 2024 12:21pm May 10, 2024 12:21pm
Quoting Waveskierrob
{quote} You don't really need to trade just before the DIV, you can just trade the gap eg putting a LONG after the drop, obviously you won' get the DIV payout, would I be right in saying this Terry...
Absolutely , you buy soon as the div drops then buy a few more and if you have multiples on you can treat them all like scalps if you want.... take 2 or 3points on each scalper but leave your core (best lowest position) for gap fill
  • #3,109
  • May 10, 2024 12:24pm May 10, 2024 12:24pm
Quoting T721
{quote} Absolutely , you buy soon as the div drops then buy a few more
So for those who are having trouble with the DIV part just don't bother with it and just trade ...
  • #3,110
  • May 10, 2024 12:28pm May 10, 2024 12:28pm
Quoting Waveskierrob
{quote} So for those who are having trouble with the DIV part just don't bother with it and just trade ...
Yup, easiest bloody money i ever made and it saves you ever needing to mess about trading currencies etc, and frees up most your week to take your dividends on holiday.

You can and i actually traded this from a beach in Dubai, a Caribbean Cruise holiday .... its so simple even thickasfuck 1ddd would be able to do it but he will probaly find holes in it
  • #3,111
  • May 10, 2024 12:30pm May 10, 2024 12:30pm
Quoting T721
{quote} Yup, easiest bloody money i ever mad and it saves you ever needing to mess about trading currencies etc, and frees up most your week to take your dividends on holiday. You can and i actually traded this from a beach in Dubai, a Caribbean Cruise holiday .... its so simple even thickasfuck 1ddd would be able to do it but he will probaly find holes in it
How's it go "You can take a horse to water but you can't make it drink"...
  • #3,112
  • May 10, 2024 12:32pm May 10, 2024 12:32pm
Quoting Waveskierrob
{quote} How's it go "You can take a horse to water but you can't make it drink"...


My grandmom said you cant make him piss in it. She had a way with words
  • #3,113
  • May 10, 2024 12:38pm May 10, 2024 12:38pm
I have posted this somewhere b4.... im sharing it again so you get a better understanding of what it takes to be a trader or any top professional in their field

As a bonus its quite funny---- watch it and see if you can relate it to trading and post your answers

Inserted Video
  • #3,114
  • May 10, 2024 1:24pm May 10, 2024 1:24pm
another whopper next week 20.8...
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Attached Image (click to enlarge)
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  • #3,115
  • May 10, 2024 1:33pm May 10, 2024 1:33pm
Quoting Waveskierrob
another whopper next week 20.8... {image} {image}
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  • #3,116
  • May 10, 2024 2:55pm May 10, 2024 2:55pm
Quoting birdland
{quote} i tried it with them but its all too complicated. they are computer nerds;-) for stocks they are good if you can handle their system but everything else i dont like with them (like futures, forex or commodities). then they want a monthly fees for their datas ($49 i think) the problem with IG is they have high margin requirements. maybe one knows a alternative broker to IG for the ftse div trade?
Yeah, you are spot on.

IB tech is made from nerds - for nerds. Their trading platforms are like 10 years behind, sometimes you need a phd in order to just figure it out haha...

They are probably the biggest and "safest" broker in the world, but they should fire their CTO and tech team and get up to date....

I use them simply bcs of safety of funds, mainly for my long term stock trading...

Did you manage to get dividend payback from IB?

PC
Less is more...
  • #3,117
  • May 10, 2024 3:49pm May 10, 2024 3:49pm
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  • #3,118
  • May 10, 2024 4:37pm May 10, 2024 4:37pm
Quoting Waveskierrob
another whopper next week 20.8... {image} {image}
eff yes! Love it
  • #3,119
  • May 10, 2024 4:39pm May 10, 2024 4:39pm
Quoting pipcruiser
{quote} Hey buddy, thanks for your input. It was not the overnight swap, (they charge this separately). I was not short either, all was "by the book". It was the FTSE 100 CFD on IG, I traded that the last few weeks was fine, I mean no past chargeback on dividend payments, only the one from this week. Thanks again PC
No probs mate always happy to try to help. Ask them and let us know what they say?

cheers
F
  • #3,120
  • May 10, 2024 4:46pm May 10, 2024 4:46pm
Quoting T721
{quote} Yup, easiest bloody money i ever made and it saves you ever needing to mess about trading currencies etc, and frees up most your week to take your dividends on holiday. You can and i actually traded this from a beach in Dubai, a Caribbean Cruise holiday .... its so simple even thickasfuck 1ddd would be able to do it but he will probaly find holes in it
Maybe but the the div is 100% of trade one so this is definitely the edge? I also want to do some work on other dividend payouts and happy to share my findings.

cheers all and have a great weekend. Looking forward to spanking the market next week yaaayyyy!
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