Recent content by GeedoubleU

Thanks for your reply LurkerLurker, very insightful I'm not niave to think I could make millions with zero effort, I was hoping to beat a savings account with the change of something exciting. I have just learnt a lesson after 1 year, that others seem to have learnt in the early months. I'm...

Well, you are correct, I'm out the game now I lost all my profits in the August correction £1500 and wiped out everything else in this latest correction, £770. I put in £370 and now have £75 left. After nearly 2 years I'm going to close the account, spreadbetting is not for me. I have full...

Yep, I understand that. But I have to trade with what I understand. So indexes are what I trade. They are always the top companies, and long term always go up. Corrections are about 13%, I now know to risk 15-18% to ensure I don't get caught out and trade in the peaks and dips, and hold...

I think spreadbetting is a waste of money full stop. I've looked mainly at Indexes. I quickly made £1500 in the first 6 months this year, whilst indexes were going up. I was making stop losses of 13%, because history shows that was the largest "Correction". The stop losses triggered and...

Trading is Gambling, the question is more do you have a problem. A problem is when you random guess at which trades to do, trade based on emotions such as after a loss or make trades that are hgh risk of losing all your assets. Trading is not a problem, when you are a professional Gambler and...

I am new to spreadbetting, after watching my mate turn £500 into £2000 over a couple of months. He basically guessed based on naive trend spotting daily closes of the currencies. I am using FInspreads but don't understand why Finspreads prices are always about 40 points higher than other...