Recent content by devtrader

IG don't seem to do options for IBM looking into the costs of CFDs at the moment. Looked this morning and for some reason the spread jumped to 500 points ! No this isn't the only approach but it's part of a medium term to long term investing strategy i have where i want to go long and short...

So i sold IBM Sept contract because i plan on holding the position for a few weeks or months but the spread is 168 points ! Seems harsh having to make 168 pts just to break even. I looked at daily contracts but my understanding is after a month the costs of rollovers will start being more than...

Yes i know what u mean about betting small not helping u with the psychology of betting big. Still personally speaking i've blown a few accounts in my time and i'm glad they were either small accounts or demos. If u have enough cash floating around to blow better accounts it's up to u, your...

Yes got some of that action alright and made another few quid to add to the xmas coffers :) Well going against the trend is certainly one way to get some pain, i'm hoping that's a demo account your running ? When i wrote the post i was actually long Gpy/Jpy @ 132.48 and i got out yesterday @...

Anyone else thinking of packing up the charts for Xmas ? Things seem to be a bit slow the last few days so i'm thinking maybe everyone is on holiday mode and maybe i should join them. Been a good year, most profitable one so far and if the markets ain't moving much in the one direction i'm not...

Cav609 if your interested in Omnitrader i could sell you my version of it, still boxed with all the manuals etc etc.

Hi I was wondering could someone tell me exactly how forex works with say a broker like Fxcm. How does the profit and loss work on currencies ? And does anyone know how the tax works on forex trades in Ireland, providing i'm making a profit that is.

I've been using Cmc for nearly a year now and the only time i got slippage was with shares, personally I wouldn't use them to deal in shares but for forex and major indicies I think they're grand. And remember you get free real time charts !!

Well i'm using Cmc for spread betting at the moment and the only reason i'm not making money is because of my mistakes no one elses. Sure they're in it to make money which company isn't ? I started with Igindex whom i wasn't very impressed with then moved onto Finspreads but their software had...