cynic
- 20 Oct 2007 12:12
rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.
for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ
for ease of reading, i have attached 1 year and 3 month charts in each instance
Shortie
- 24 Sep 2013 16:27
- 13033 of 21973
That was the same calculation that I read Skinny, 100p = 100 shares. I've never tested it before so thought I'd do so to confirm the payment.
skinny
- 24 Sep 2013 16:29
- 13034 of 21973
Its exactly the same as if you'd bought 100 shares- its certainly the case with other SB companies (I've never used City).
Edit - posts overlapped.
Shortie
- 24 Sep 2013 16:43
- 13035 of 21973
We shall see, have to say I've only ever held dividend plays within my ISA never on a spreadbetting account so a new play for me.
skinny
- 24 Sep 2013 16:49
- 13036 of 21973
I quite often do on a Tuesday - if only to partly mitigate a FTSE short - the best recently was CLLN - bought on 3rd September - I received the dividend and it is currently 25 points in profit.
Today's punt is CNA.
Shortie
- 24 Sep 2013 16:55
- 13037 of 21973
This looks good also, that was my exact thinking Skinny to hedge out the charges on a FTSE short.
skinny
- 24 Sep 2013 17:05
- 13038 of 21973
Yes I saw that - I chose CNA.
It all helps but its yet something else to be monitored/checked.
Shortie
- 25 Sep 2013 09:24
- 13039 of 21973
Spot on with that dividend calculation Skinny for Drax.
skinny
- 25 Sep 2013 09:44
- 13040 of 21973
The CNA dividend play was 'millibanded' - managed to get out @390 and just bought again @382p
Shortie
- 25 Sep 2013 10:03
- 13041 of 21973
DRAX didn't fair any better.
Time Traveller
- 25 Sep 2013 10:03
- 13042 of 21973
You lost me there skinny!
Oh the freezing of power charges. OK
Shortie
- 25 Sep 2013 10:46
- 13043 of 21973
6586 short FTSE
Shortie
- 25 Sep 2013 11:11
- 13044 of 21973
6564 position closed
Shortie
- 25 Sep 2013 12:02
- 13045 of 21973
15 minute FTSE, maybe a long play next, awaiting reversal
Shortie
- 25 Sep 2013 13:26
- 13046 of 21973
Tempted to go long
Shortie
- 26 Sep 2013 13:52
- 13047 of 21973
6552.3 gone short
Shortie
- 26 Sep 2013 13:57
- 13048 of 21973
30min Wall St, no position yet
Shortie
- 26 Sep 2013 14:00
- 13049 of 21973
1Hr DAX waiting for a short signal..
Shortie
- 26 Sep 2013 14:07
- 13050 of 21973
Still expect a fall back to 4024 at some point.
cynic
- 26 Sep 2013 14:14
- 13051 of 21973
still out of this one while clenching the bum with NMX 3720 which is currently being rather naughty
Shortie
- 26 Sep 2013 14:25
- 13052 of 21973
Pretty safe to expect 10205 will fail and this will continue to trend downwards. 10116 looks like the target and where I'd consider buying from.