Using a GSL for a 100k short position ?

This is a discussion on Using a GSL for a 100k short position ? within the General Trading Chat forums, part of the Reception category; Originally Posted by pboyles No they have no such concerns because they havnt the wit to do a bit of ...

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Old Jan 14, 2011, 1:03pm   #8
Joined Apr 2006
Re: Using a GSL for a 100k short position ?

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Originally Posted by pboyles View Post
No they have no such concerns because they havnt the wit to do a bit of research before embarking on their latest get rich quick journey.
of course, equity clients who swing £5-10m notional per position are traditionally a bunch of toothless halfwits aren't they?

your lack of knowledge is transparent as it is embarrassing.
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Old Jan 14, 2011, 1:04pm   #9
Joined Oct 2006
Re: Using a GSL for a 100k short position ?

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Originally Posted by shortsell View Post
of course, equity clients who swing £5-10m notional per position are traditionally a bunch of toothless halfwits aren't they?

your lack of knowledge is transparent as it is embarrassing.
You know that FX brokers also manipulate spreads and even change their margin levels to rip people of?
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Old Jan 14, 2011, 1:07pm   #10
Joined Apr 2006
Re: Using a GSL for a 100k short position ?

did you know that some footballers dive?

there are any number of completely irrelevent issues we can discuss whilst the market is quiet, but really we should concentrate on the one at hand - namely your belief that a serious investor in stocks shouldn't be spread betting.

you mention financing. what do you think a major spread betting firm charges for being long a UK stock overnight?
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Old Jan 14, 2011, 1:14pm   #11
Joined Oct 2006
Re: Using a GSL for a 100k short position ?

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Originally Posted by shortsell View Post
of course, equity clients who swing £5-10m notional per position are traditionally a bunch of toothless halfwits aren't they?

your lack of knowledge is transparent as it is embarrassing.
Er...Mike Ashley ring a bell?

http://www.dailymail.co.uk/news/arti...-HBOS-bet.html
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Old Jan 14, 2011, 1:17pm   #12
Joined Sep 2008
Re: Using a GSL for a 100k short position ?

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Originally Posted by shortsell View Post
what do you think a major spread betting firm charges for being long a UK stock overnight?
OK, how much?

Peter
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Old Jan 14, 2011, 1:19pm   #13
Joined Oct 2006
Re: Using a GSL for a 100k short position ?

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Originally Posted by wackypete2 View Post
OK, how much?

Peter
Cant tell you, GW Bush banned you all from this spreadbetting lark.
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Old Jan 14, 2011, 1:19pm   #14
Joined Apr 2006
Re: Using a GSL for a 100k short position ?

oh i see pboyles, you're the sort of guy who uses one example out of a million trades to prove your point.

in which case there's not a great deal of point in engaging you in conversation.

i would encourage anyone reading this to ignore pboyles' contributions with regard to the spread betting industry. he doesn't understand the product in the slightest.
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