Trading CFDs?

[plankton]

Re: Trading CFD?

your position was probably marked to market. Your 3 cents added to your net value and the previous close the base for the new day.

 

[skyQuake]

Re: Trading CFD?

Bid/Ask spread probably.
Or possibly slippage when it moved. NCM has a bit of a spread on the actual market too and it fluctuates a few cents easily/

 

[giasing]

No, it is not. it is the DMA so 1:1 spread

 

[Wysiwyg]

i have purchase my short position of NCM of average price at $A36.04 on Thursday and it closed at $A36.01.

So the last traded price was $36.01. Agreed.

and today i didnt know why my short average price changed to $A36.01.

What does that mean? The price that you opened the trades does not change. Check you transaction records to confirm the opening trades price average was $36.04. and then prove this by posting a screen shot on this thread. Otherwise we don't know if you're confused or something other.

 

[Wysiwyg]

better still what were the trade prices and number of shares for each parcel?

 

[Wysiwyg]

Better still what were the trade prices and number of shares for each parcel?

Lol. Question must have been a bit too much for the poor dude or he now knows he got the average price/share wrong.

 

[skc]

Just mark to market on daily close. MF Global does this and is quite annoying. You have to refer back to your own record to quickly see what your true entry price was.

Good luck with that short on NCM by the way. Clearly you are not a trend follower!

 

[giasing]

yes, thanks i will have a look the record they send my on Monday next week.