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#1 Tor

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Posted 26 June 2007 - 10:54 AM

Just didsnt want to risk much this very busy fiesty week.
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#2 NAV

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Posted 26 June 2007 - 11:19 AM

Just didsnt want to risk much this very busy fiesty week.


What instrument do you trade ? ETFs, Futures ??

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#3 Tor

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Posted 26 June 2007 - 11:29 AM

Just didsnt want to risk much this very busy fiesty week.


What instrument do you trade ? ETFs, Futures ??


CFD's. Contract for difference. No cost of carry as seen in futures, and deals are fairly cheap. i got quite frustrated when the futures got whipped about.

When I get into serious taxable territory, I then go into spreadbetting, which is tax free of gains and income for Uk residents. It was very helpful to me last year.

cfd's trade cash market by the way. no messing.
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#4 NAV

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Posted 26 June 2007 - 11:39 AM

Just didsnt want to risk much this very busy fiesty week.


What instrument do you trade ? ETFs, Futures ??


CFD's. Contract for difference. No cost of carry as seen in futures, and deals are fairly cheap. i got quite frustrated when the futures got whipped about.

When I get into serious taxable territory, I then go into spreadbetting, which is tax free of gains and income for Uk residents. It was very helpful to me last year.

cfd's trade cash market by the way. no messing.


Are these CFDs leveraged instruments ?

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#5 OEXCHAOS

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Posted 26 June 2007 - 11:40 AM

That is very cool. Mark

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#6 vitaminm

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Posted 26 June 2007 - 11:44 AM

CFD Whats ticker symbol for US market?
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#7 vitaminm

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Posted 26 June 2007 - 11:59 AM

CFD

Whats ticker symbol for US market?






http://www.cfds.com/learning.asp





http://en.wikipedia...._for_difference


http://www.metaquotes.net/cfd/
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#8 Tor

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Posted 26 June 2007 - 12:07 PM

Yes they are margined and hence leverage no problem.

I use deal for free and they charge no commission. However, their spread is about 0.5 point wider than futures, so that is the commission really.

I get a quote on my screen right now dow jones 13404/13408, so 4 points dow, and 1500.6/1501.1 spx.

here is the link.

Free software/pricing too.

http://www.cmcmarket...t/cfd/index.jsp

CFD

Whats ticker symbol for US market?






http://www.cfds.com/learning.asp





http://en.wikipedia...._for_difference


http://www.metaquotes.net/cfd/


Yes, I stand corrected there is a cost of carry via the financiang charge overnight.
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