CFD Doctor
- 22 Dec 2004 17:35
Hi, I work as a consultant mainly in the CFD market and also actively trade CFDs. I noticed that while there are core threads on the forum for most things there isn't one for CFDs.
I'd like to start a thread and use it to discuss some of my trading ideas and also chat about brokers etc.
With quite a few new brokers entering the market over the last year or so and new products like SIPP CFDs I think there is a lot to talk about, so over the coming months I look forward to some good chats.
Regards,
Andrew
edited by moneyam(we do not allow advertising)
CFD Doctor
- 20 Jan 2005 08:11
- 9 of 10
Sorry for the delay in replying to you.
Firstly on Carnival, I use a 5% stop loss. 2% is too tight and will result in you paying far too much commission!
Jeff
On CFD trading you will normally pay around 20 basis points DMA and 10 and upwards for normal quote driven trading.If you were trading in reasonable size, say 10,000 and upwards there is probably some room to negotiate these rates down.
HTH
Andrew
Edited MoneyAM: No Advertising as per previous edit
CFD Doctor
- 20 Jan 2005 08:15
- 10 of 10
What does everyonne think about Boots. Made a nice turn yesterday going long on CFDS when the shares sold off 20p and came straight back again. The results looked good first thing in the morning, but as always the market sold off until they received some analysts comments. I think they have further to run over the next few weeks especially with a yield of close to 5%.
Andrew
Edited MoneyAM: No Advertising as per previous edit