Recent content by Pippppin

Glad to see the title of this thread was ammended. Use of words such as p***k demeans sites like T2W, and makes it indistinguishable from the mountains of s***e which litter the internet. Anonymous Mr Nobody to announces "Derren Brown is p***k", and is quickly joined by x other Mr.Nobodies...

Apologies - I should have specified that I was referring to G.Stops on US shares using IG, not FX.

It would be nice if the cost of a Guaranteed Stop was an "extra few ticks". It is not that simple. G.Stops with IG are very expensive, and there are considerable restrictions where you can place a G.Stop before trade entry, and futher restrictions about moving them once in a trade. IG really do...

I like the use of the word HONEST. Spreadbetting firms are fundamentally dishonest in my experience. They can make up the rules as they go along (rather like banks helping themselves to your money). Let's face it. Spreadbetting is not trading. There are enough shenanigans in the real market...

Financial markets regularly exhibit fractal properties - fractals can be both stochastic and deterministic. See the work of Benoit Mandelbrot for an insight into the weird and wonderful world of fractals.

I am a tad confused by your message Rahus. It appears you are resident in the US (Texas?) and are using a US broker - thus you have to file for US taxes with the IRS I am a UK resident using the US broker OptionsXpress (more expensive than Scottrade but in a different league re:platform and...

Paul, although I am not an IG fan, and only use them in limited situations, I also like the fact that they offer guaranteed stops (yes, you pay with ever wider spreads), but it removes any necessity for hedging

PipStar...you are correct. IG do not offer tight spreads, and "Puredeal" is an oxymoron. However, they do offer a wider range of markets to bet on than any other spreadbetting company.

incorrect....spreadbetting is an artificial "phoney" market, and traders do lose money spreadbetting because it is a "phoney". They also lose for many other reasons, whether spreadbetting or direct access.

gle101....firstly, OptionsXpress do not just offer options - they enable traders to trade options, stocks and futures - directly in the market. You are right - I am sure many traders lose trading options. But they are trading a regulated market - it is the trader vs. the market. Not the phoney...

Yakatan...OptionsXpress are a direct market access broker, allowing you to trade in the real market, not the phoney spreadbetting market. They do not hedge client positions because they are neutral, so they do not have to

correction...they KNOW (90%+) are going to lose it, and more besides. Especially with a bank of computers to help accelerate the process. Spreadbetting companies are bookies with lots of computers. See my earlier thread "where are all the spreadbetting millionaires?" And I do not mean Stuart...

I like the idea of an IG Index whistleblower. I would expect IG employees to have confidentiality clauses in their contracts just in case they fancied a spot of whistleblowing....either that, or an expensive court case to fund

"Stop hunting" happens in real trading, as some contributors have pointed out. Ultimately, the biggest problem with spreadbetting is that a third party is lurking, and they can stop you from opening a position when you choose, and they can stop you from closing a position when you choose. That...