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Re: CFD's anyone?

Chemist the reason im asking questions is because i have no idea in this area. As for finance and economics whats your point? I trade options successfully but im looking at further leveraging my money.

You're quick to make sarcastic comments and criticize but you dont back it up with any info or help? you would make a fantastic financial advisor

Frink i had a look at the S&P 500 which has a 0.6 pip spread. Now each contract is worth $250US but check this out, IG markets

http://www.igmarkets.com.au/content/sites/aum/en_GB/cd_indices_index_aum.html

They have a limited risk order (like a Gauranteed Stop) at 0.5 away which means that for every 1 pip against me i only loose 1.1 so it gives me more room to lose a few more and then get onto a couple of good swings in my favour.

i.e 10 losses would = 11pips loss

So if i had 3 wins with 4 pips each win that would mean im 1 pip up

Whats your thoughts?

<blockquote data-quote="Ageo" data-source="post: 46172" data-attributes="member: 3861">Re: CFD&#039;s&nbsp; anyone?Chemist the reason im asking questions is because i have no idea in this area. As for finance and economics whats your point? I trade options successfully but im looking at further leveraging my money.You&#039;re quick to make sarcastic comments and criticize but you dont back it up with any info or help? you would make a fantastic financial advisor <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink&nbsp; &nbsp; ;)" loading="lazy" data-shortname=";)" />Frink i had a look at the S&amp;P 500 which has a 0.6 pip spread. Now each contract is worth $250US but check this out, IG markets<a href="http://www.igmarkets.com.au/content/sites/aum/en_GB/cd_indices_index_aum.html" target="_blank">http://www.igmarkets.com.au/content/sites/aum/en_GB/cd_indices_index_aum.html</a>They have a limited risk order (like a Gauranteed Stop) at 0.5 away which means that for every 1 pip&nbsp; against me i only loose 1.1 so it gives me more room to lose a few more and then get onto a couple of good swings in my favour.i.e 10 losses would = 11pips lossSo if i had 3 wins with 4 pips each win that would mean im 1 pip up <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />Whats your thoughts?</blockquote>

[QUOTE="Ageo, post: 46172, member: 3861"] [b]Re: CFD's anyone?[/b] Chemist the reason im asking questions is because i have no idea in this area. As for finance and economics whats your point? I trade options successfully but im looking at further leveraging my money. You're quick to make sarcastic comments and criticize but you dont back it up with any info or help? you would make a fantastic financial advisor ;) Frink i had a look at the S&P 500 which has a 0.6 pip spread. Now each contract is worth $250US but check this out, IG markets [url]http://www.igmarkets.com.au/content/sites/aum/en_GB/cd_indices_index_aum.html[/url] They have a limited risk order (like a Gauranteed Stop) at 0.5 away which means that for every 1 pip against me i only loose 1.1 so it gives me more room to lose a few more and then get onto a couple of good swings in my favour. i.e 10 losses would = 11pips loss So if i had 3 wins with 4 pips each win that would mean im 1 pip up :) Whats your thoughts? [/QUOTE]

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