Recent content by scottuk99

You can officially hedge with City Index. In theory it sounds great but the times i have tried it I got spanked when trying to offset a trade going in the wrong direction, and like the other guys have said with the spread on top

200 does look to be the new daily resistance. A technique i use is I look for a new 3+ month low or high in a stock, the price usually pulls back from there, usually a 3-7 day pullback, Tesco looks like it has pulled back from the low, so I'd wait for confirmation of a downtrend starting to get...

I have just started buying stocks, starting small as dont have any major capital to trade with at the moment, and also testing the water in these choppy China times!! I would say look to have around 5 stocks in your portfolio. Research each week each company, news director dealings, CEOs...

Demo trade with one of the metatrader platforms, get used to the numbers, setting stop losses etc. Whe you feel ready , I notice your uk based, open a live account with city index, where you can live trade at 8p per point on EUR/USD. live trading with no risk to big losses. When I made some bad...

Hi , what do you mainy trade in?

City Index financing, at 50p per point it was 20p a day for my last trade AAL, that's DFT, if your doing a future price there is no charge as the spread is bigger

I started out with GFT for uk stocks after a great period demoing with them. Different story live trading with them. Had some very weird experiences with them. stop losses jumping on charts closing trades, closing positions in profit, but debiting my account. Rang dealing desk one morning to...

Why don't you look at spreadbetting equities, will be a lot simpler than CFDs and you can short them just as easily as going long.You can dip your toes in the water spreadbetting and can day trade or medium term trade. Can get in and out of a trade without the fees of CFD while starting out...

Ive just gone live with a small financial spreadbetting account. I started in FX but moved to learning about UK100 and some large cap US shares. I'm just getting my FTSE100 shortlist together from the demos I have done so far. I'm a trend trader and SBing allows me to get in and out of trades...

Are you physically buying shares?Why don't you open a financial spread betting account. If the market retreats you can short speculate and take advantage . You can get in and out long using spreadbetting if you don't want to commit right now.Another option is to go back in long like you have and...

No problem. I'm looking to SB shares, moving from FX. Trouble is the financial SB companies don't let you demo for long or repeatedly like in forex, stops trying out longer duration trades like you do. Ive just been approved for live GFT account, then read on on here that capital gain who own...

In the UK our taxes go towards paying off the national debt (a never ending black hole) The money our government uses to run the Country and pay for schools and hospitals etc is the capital lent from the private central banks (Bank Of England) at a debt, so our taxes never get used directly on...

I'm demoing a few companies, I'm doing a 30 day trial with GFT. You can print and view all statements in the demo which would give you an idea of their rates. City Index do a 2 week SB demo as well. I have only kept bets open for a day or 2 so can't give any longer term rates, but most charges...

Hi, With City Index you are only speculating using CFD , so you don't purchase them physically. You'll be paying broker commission like you say but also CGT on any profits made (well here in UK we do) Are you only wanting a small number of CFD because of a high individual share price? ..eg...

Also been looking for a good forum/chatroom, this thread is great but not fast moving.I'm a beginner and looking to get into stocks. Had some experience with forex and quickly learned what was good/bad information in that area, but with stocks I'm finding it difficult to do the same. There is a...