Has anyone tried the SG warrants game at :
http://www.sgwarrantgame.com
http://www.sgwarrantgame.com
yep
I've had a go for a couple of weeks.
just about managing to stay in the black, but can't say I feel inclined give covered warrants the time it would need do well with them.
I am comfortable with cfds & spread betting, as they're easy to get into, but theres a whole load of other factors with CWs.
theres a steep learning curve for anyone new, and I'm struggling to see the attraction.
promoters say CWs did well when launched in europe a decade or so ago, but then I reckon they wouldn't have had cfds & spreads as we do now.
I reckon CWs will struggle a lot more to take off in UK, hence the constant promotions, £1 dealing offers, and indeed this trading game!
In my book if its simple and effective, the chances of something going wrong in a trade are reduced.
anyway, thats my view.
*--------
on second look, there are also "certificates" covering indices and commodities.
these are a lot less complicated, and might me useful for a straight call / put on the market to hedge or speculate. however, you would still be charged a dealing fee both ways, and possibly be liable for tax. unlike spreads.
I've had a go for a couple of weeks.
just about managing to stay in the black, but can't say I feel inclined give covered warrants the time it would need do well with them.
I am comfortable with cfds & spread betting, as they're easy to get into, but theres a whole load of other factors with CWs.
theres a steep learning curve for anyone new, and I'm struggling to see the attraction.
promoters say CWs did well when launched in europe a decade or so ago, but then I reckon they wouldn't have had cfds & spreads as we do now.
I reckon CWs will struggle a lot more to take off in UK, hence the constant promotions, £1 dealing offers, and indeed this trading game!
In my book if its simple and effective, the chances of something going wrong in a trade are reduced.
anyway, thats my view.
*--------
on second look, there are also "certificates" covering indices and commodities.
these are a lot less complicated, and might me useful for a straight call / put on the market to hedge or speculate. however, you would still be charged a dealing fee both ways, and possibly be liable for tax. unlike spreads.
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