In this video I take you through a flag trade using the IG Index spread betting platform, which many of you are using to make great profits with the Flag-Trader method.
At this time the spread-betting companies do not allow for stop-limit orders to enter trades – this means if you enter an order outside market hours, if you’re unlucky you could be punished if the stock gaps past your preferred entry point. With our way of trading this is mercifully rare, but if you want to avoid that happening, simply enter your orders (either by phone or online) during market hours. For US stocks that is 2.30pm – 9pm UK time, 9.30am – 4pm New York time.
All the best
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