I'm currently using IG index- looking at Inter trader for Spread betting which has good offers.
Also notice Inter trader have lower spreads. any ideas guys. what do you recommend?
Quote:
Originally Posted by chetalien View Post
Thanks aag100- actually i've and reduced it significantly.
dont be cursing me if tighter stops are hit and wider ones wouldnt have been.
Dont worry if anybody is to curse it will be my greed
On the contrary drtro i play lot of sports. i play cricket and football regularly and irrespective of how much much i practice and try in nets- it all matters in the middle.
If you hold your nerve(assuming you have the talent which I have for sports)- you can do better. I feel I can apply the...
Lotta difference between sports/trading.
but in general practice really means nothing.
You can practice 100s of penalty kicks and get the one wrong in the game.
so what matters is the nerves.
I'm using stop loss after lost a lot due to margin call. I was at that time trading 5-6 instruments at a time and unfortunately lost the lot.
So i'm now being cautious trade no more than 2 lines/instruments at a time with a stop loss.
also bet size only £1/point or even lower with limit at +10...
Recently started trading only 3 days of actual trading. started with 500 and was up 250 within a day and obviously greed got me- lost all of it plus a further 100.
Now finally getting back into it. halfway through.
My rule is bet no more than £1/point- small trades, no more than 5 or 10 point...