Yes, I don't see why you couldn't have 10k a point on really low volatile stock say with 100k+ account? Admittedly maybe not a lot of people would be doing that :-)
My 2c worth: As mentioned elsewhere a lot of authors do write about systems that do work but just because it works it doesn't mean it is easy to implement, so they just write about it and advise others. I have read lots of books, I prefer to know rather than not know but they all say the same...
I wonder what amount you need to be dealing with to get their attention.. I'd have thought there would be a lot of people trading with 10k per point, they can't have someone to monitor every single trader trading say over 10k a point??
Also I have another query, if I do take a mill out of IG will it be their money that I'm taking or will they have traded with me so they won't be down? I know these questions are funny, just would feel better if I knew they weren't losing when I'm winning..
There seems to be a general gist that professional traders wouldn't use a SB company and that DMA is the way to go, I've never tried DMA so I wouldn't know, I joined this site to find out peoples recommendations on it, I actually really enjoy SB and yes I have had all the usual problems but it...
Thanks Splitlink, this thread really disses the SB firms - do you like them then? Yes I can put a few grand into a proper broker but which one would cover the requirements I outlined above?
Hi, I'm new here and couldn't create a new thread so thought this one may be a good place to start, was really just wondering what is the next step after spreadbetting as I feel I have outgrown it, I am fed up of all the advantages being in their favour as trading is already hard enough! I only...