Do I really only need 20 minutes per day?
Yes, once you get the hang of things that is about average.
Some days it will be much less and some days a little more, depending on how many flags the software finds for you to check that day, and how many positions or orders you have in the market.
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As a complete beginner how long would I need to spend on this each day?
First work through the on-line training and take notes as you go. Many subscribers go through the education several times. Go at your own pace, its better to understand it than to finish quickly. Once you have a basic feel for it, an hour a day is ...
At some point in time, could the OVI go live so that an intra-day OVI would be possible?
The OVI is derived from, amongst other things, options volume, open interest and implied volatility. The OI component can only be updated at end-of-day, so unfortunately the OVI cannot be intra-day.
Can the OVI be used for intraday trading?
You can use the OVI’s end-of-day readings to enhance your intraday trading, but we don’t tend to focus on intraday trading in our learning materials.
I would like to trade as much as possible, how many trades can I put on a day?
Trading success does not depend on quantity and you should NEVER aim to make “x” amount of trades per day. Quality over quantity, always. Part of successful trading is knowing when NOT to trade. We only select the best opportunities, sometimes there ...
How do I avoid getting gapped into a trade in IG Index?
The only sure way at the moment is to place your trade during market hours: US market hours for US stocks. And then your bet should be made for ‘Day Only’. It is a good idea to have the order killed at end of day if not filled, especially for those ...