Hi Max, I reside in Europe and have been trading CFDs for more
than a decade now. As a rule I think it can be said that CFDs are
simply not the correct instrument with which to trade individual
stocks. You can of course research the commissions charged by the
myriad of CFD providers you'll find online, but in my experience
all of them charge rather high commissions for stocks. My advice
would be to use CFDs for forex, commodities and indices, and to
place your stock trades with a regular online broker (even though
you will not get the leverage there). As an aside note, since the
European Nanny State has now decided that we may no longer trade
with such high leverage, I have switched my trading account to an
Australian outfit.
peterjennings71 - my apologies for the delay in replying.
IG Index is certainly a good choice. I live in Germany and use
CMC Markets as a CFD provider. CFDs allow me to go long or short
all the major indices, currency pairs, commoditiesand literally
thousands of company names all over the world (although a CFD is
not really the best way to trade individual shares IMO).
Spread betting is tax-free in the UK and Ireland only if you
trade either tiny volumes and/or very few trades per year. As soon
as the powers that be decide that you make a significant portion of
your income from trading you will have to pay tax, as far as I
know.
ghunt's point about playing with 100 x leverage is extremely
important: money management is absolutely crucial with this kind of
leverage, so you must over-equitise, or you may well wipe out your
entire account in the blink of an eye.
Best regards, and trade well!
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Crude Oil inventories much lower
Posted by isplat on 6th of Dec 2018 at 11:01 am
Crude Oil inventories much lower than expected - maybe this is the catalyst for a rally off the trendline.
USO 60 min retest of
Posted by isplat on 6th of Dec 2018 at 10:58 am
USO 60 min retest of broken trendline.
Bit of a stir in
Posted by isplat on 4th of Dec 2018 at 12:09 pm
Bit of a stir in London:
NAFTA? .... although that announcement
ES just popped - not sure yet of newsUpdate: Hearing ...
Posted by isplat on 30th of Nov 2018 at 08:25 am
NAFTA? .... although that announcement was made almost an hour before the pop, so doesn't actually make sense.
Bouncing off primary pivot. Note
Posted by isplat on 29th of Nov 2018 at 10:59 am
Bouncing off primary pivot. Note MA configuration above.
ruscitti - THANK YOU... that's
Near record 295 bps (basis points) spread between the Libor-Euribo
Posted by isplat on 19th of Nov 2018 at 07:38 am
ruscitti - THANK YOU... that's exactly the explanation I was after!
Very interesting article here explaining
NatGas .... putting in the mother of all short squeeze ...
Posted by isplat on 14th of Nov 2018 at 08:53 am
Very interesting article here explaining the squeeze in Oil and Natgas:
https://www.themacrotourist.com/posts/2018/11/13/chipper/
QQQ going for the gap
Posted by isplat on 13th of Nov 2018 at 02:44 pm
QQQ going for the gap fill?
Sorry about the bold type!
Posted by isplat on 7th of Sep 2018 at 12:11 pm
Sorry about the bold type!
Trump: Another $267B China tariffs ready
Posted by isplat on 7th of Sep 2018 at 12:10 pm
Trump: Another $267B China tariffs ready to go, added to $200B
Hi Max, I reside in
Commissions and brokers: Hello, i've been using a cfd (IGindex) ...
Posted by isplat on 24th of Aug 2018 at 12:48 pm
Hi Max, I reside in Europe and have been trading CFDs for more than a decade now. As a rule I think it can be said that CFDs are simply not the correct instrument with which to trade individual stocks. You can of course research the commissions charged by the myriad of CFD providers you'll find online, but in my experience all of them charge rather high commissions for stocks. My advice would be to use CFDs for forex, commodities and indices, and to place your stock trades with a regular online broker (even though you will not get the leverage there). As an aside note, since the European Nanny State has now decided that we may no longer trade with such high leverage, I have switched my trading account to an Australian outfit.
Let's see whether GDX can
Looks like a doji forming on GOLD daily chart
Posted by isplat on 16th of Aug 2018 at 09:48 am
Let's see whether GDX can get above the 9 EMA on the hourly chart
Looks like a doji forming
Posted by isplat on 16th of Aug 2018 at 09:22 am
Looks like a doji forming on GOLD daily chart
Trump: Has Asked US Trade
Posted by isplat on 18th of Jun 2018 at 07:44 pm
Trump: Has Asked US Trade Representative To Identify USD200 Bln In Chinese Goods For Additional Tariffs At A Rate Of 10 Percent
source: @LiveSquawk
SPX gap closed
Posted by isplat on 4th of Apr 2018 at 11:41 am
SPX gap closed
That's one heck of a
Posted by isplat on 3rd of Apr 2018 at 02:54 pm
That's one heck of a 5 minute candle there
Matt, it would appear that
just about tagged that 61.8 Fib
Posted by isplat on 16th of Feb 2018 at 12:55 pm
Matt, it would appear that your aforementioned 20 day MA provided a little bit of resistance
Reaching for that fib Matt
Posted by isplat on 16th of Feb 2018 at 10:39 am
Reaching for that fib Matt mentioned yesterday.
DJIA 10 SECOND CHART 900
SPX 1 min comments
Posted by isplat on 5th of Feb 2018 at 03:28 pm
DJIA 10 SECOND CHART 900 point IHS
Didn't think I'd ever witness this!
peterjennings71 - my apologies for
Question for any BPT members that are UK residents : ...
Posted by isplat on 1st of Feb 2018 at 10:28 am
peterjennings71 - my apologies for the delay in replying.
IG Index is certainly a good choice. I live in Germany and use CMC Markets as a CFD provider. CFDs allow me to go long or short all the major indices, currency pairs, commoditiesand literally thousands of company names all over the world (although a CFD is not really the best way to trade individual shares IMO).
Spread betting is tax-free in the UK and Ireland only if you trade either tiny volumes and/or very few trades per year. As soon as the powers that be decide that you make a significant portion of your income from trading you will have to pay tax, as far as I know.
ghunt's point about playing with 100 x leverage is extremely important: money management is absolutely crucial with this kind of leverage, so you must over-equitise, or you may well wipe out your entire account in the blink of an eye.
Best regards, and trade well!