Recent content by fabfabio

Although everyone has said that they lost at the begining or at some point in their life but only one or two people have given the exact amount they lost one being $35K. I know it is useless to ask how much someone win or lose as for someone one million lost is worth just few hours work and for...

Thanks Robster for explaning the difference. But I still believe trading, buy to let speculation (worst than CFDs) etc etc is to some extent kind of gambling. And please stop this US or WE term, I am not here trying to teach expereinced members, looking for sympathy or justifying my actions. I...

I agree with you its gambling but I think trading shares itself is kind of gambling. CFDs are like shares they go up and down (though as leverage product you can lose or win more than your initial investment) and either you trade share or CFDs you can lose or win money, though CFDs carry a high...

I understand CFDs are leveraged products and carry a high risk but so does FOREX trading which is also leveraged and carry a high risk. But I dont understand why very few people obeject to Forex trading than CFDs.

GladiatorX and Arabianights Please mind your language I am not looking for sympathy as I mentioned in my first post. I want other trader/starter to learn and not insane like me.

Well JayDee at the begining I was trading Barclays CFDs when it was around 286p but then moved to UK100 index and also UK food and drug sector (which proved most successful) and OIL (mostly lost as it moves more quicly than I blink). I was/am insane and was trading 100-200 contracts of UK100...

But I believe Every News is a Good News. I have learned few lessons now. Before starting CFDs trading I was thinking of leaving my day job and do day trading which I will not do now. I am also content that I suffered losses now as if I had made profit at the begining, I would have left my day...

Shanghai It was not a matter of day but matter of few hours as markets were moving more quicly before Christmas period.

Yes Black Swan it is the attraction of quick returns that attracts CFDs. Before starting CFDs I was investing in stocks and I also bough RBS stocks at 34P and am hopping them to increase in vlaue to cover losses I incurred through CFDs

you may feel I am stupid a**********hole but I was trading in CFDs without any knowledge of the markets or trade Let me break down my losses, I can give micro detail of each day if someone wants I started trading with Natwest index trader with £13,600 and though I made good money but lost more...

It is seventeen thousand and eighty six pound sterling. I will be thankful if other people also share their expereince of losses theu incurred.

Its my first post and obviously not a good one SInce 21st December 2009 11h35am till today 12th Janauary 2010 8h13am, I have lost exactly £17,086. I am not here to discuss my story but to warn potnetial traders that trading without knowledge is like Russian Roulette, please dont invest more...