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How do I work out profit?

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silent said:
Please ignore my pardon and what's stand for CFD?
I tried search and doesn't help me...
Click to expand...

CFD = Contract for Difference - Basically a derivitive product that allows you to buy and sell a contract for the difference in the prices of stocks. In simple terms they are traded just like stocks but with leverage.

Check this out ... CFDs

CanOz
 
silent said:
Please ignore my pardon and what's stand for CFD?
I tried search and doesn't help me...
Click to expand...

CFD stands for Contract for Difference. It is an agreement between a buyer and a seller to exchange the difference in value of a particular instrument between when the contract is open and when it is closed.

If you wanted to learn more, the ASX website is a great place to start:

http://www.asx.com.au/products/cfds/education/online_courses.htm

*EDIT: Beaten to it by CanOz!
 
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