Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

EasyTrader TOPI

Reply
Not applicable
Argh.... Easytrader is really starting to get to me... Today I am not getting a price feed for TOPI - both the Graph and Watch are refusing to update. Other days it bounces down to 0, then back up to 33xxx - killing the graphs scale...
0 Kudos
12 REPLIES 12
Not applicable
It is an expensive pile of ***** - you can get the same results off the CFD specialists (IG & GT247) - for cheaper, with far more sophisticated features. IG will even give you level 2 access. Just a caveat here - they are great platforms for information, I speak strongly against trading with them though!
0 Kudos
Not applicable
You are right... I have been with SBSA Online for around a month now, and already deciding on what the next best option would be... Thanks for the recommendations - let me take a look.
0 Kudos
Pepi
Regular Contributor
Skaaptjop - why against trading with IG?
0 Kudos
Not applicable
counter party risk mate. It is one thing relying on Standard Bank as the counter party - another all-together if your future is dependent on the solvency of Purple Capital and IG Markets. Google Dealstream to get an idea of the issue. In fact, even IG themselves were caught out in Europe a couple of years ago - they damn nearly didn't make it out of the exposure hole they dug for themselves.
0 Kudos
Pepi
Regular Contributor
yeah - i suppose you're right. It's the 5% margin that attracts me, but on the other hand that can hit you for a six as well, so thanks, i recon i'll stick with SB
0 Kudos
SimonPB
Valued Contributor
5% margin ain't attractive, it just plain scary and highly likely to led to losses rather than profits ..
0 Kudos
TOPIX
Regular Contributor
Why scary? If you position size on the risk then the margin is immaterial
0 Kudos
SimonPB
Valued Contributor
because gearing adds to risk in an exponential way .. so agreed ones uses the 2% risk rule and gets position size correct, but stock slips a mere 1% through your stop level and boom, this was no longer a 2% risk trade but a whole lot more .. gearing increases everything, not just reward, slippage, spread etc ..
0 Kudos
Not applicable
That is why I built I concept into my trading called a black swan stop. I add my total exposure and calculate the biggest worst case scenario I can absorb without going into negative equity. If it sits in a trading range, then I adjust accordingly. But Dimon, your point is neither here nor there - the main issue with 5% margin, IMO, is the counter party one - how does IG protect themselves with such low capital to work with?
0 Kudos
Rams
Super Contributor
Who is Dimon? And black swan stop is zero equity....so only way is reduce overnight risk....
0 Kudos
SimonPB
Valued Contributor
skaap, agreed .. was just wondering down another path ..
0 Kudos
Cherry
Regular Contributor
9/10 the ALSH Graph isnt working. I use that in conjuction with the ALSI and ALMI and its a great way of getting confirmation of the direction. I'm OST can get this right????????????????
0 Kudos