Recent content by Incerto

After some experience in day trading, and some mistakes, in preparing myself to begin again I am convinced that the psychological side of the matter is absolutely the crucial one to master. During my previous experience, early 2009, I begun with £1000, after a month I hade £1400 and I was very...

The UK is one of the few countries which has a FTT since a long time, OK they call it "stamp duty" or whatever, but it's exactly a FTT. The other country that I know has it since long time is Switzerland, recently joined by France (and now Italy). The Brits had to invent the CFDs and Financial...

The Financial Transaction Tax was implemented in Italy very recently and is, frankly, nothing to worry about. The other taxes were much worse: a new 0.1 % - 1 per thousand tax on your entire portfolio value and raising the withholding tax to from 12.5% to 20% on dividends and on capital gain...

For what I understand, any market maker makes money from the simple fact that he always buys at the bid price and sells at the ask price. Bid price is naturally always inferior to ask price. You, the market participant, always buy at the ask price and always sell at the bid price. You have the...

Yes, the problem happens only when dragging the line fast and of a considerable amount. If I drag it only slightly the problem never arises. Also, a possible cure is to drag the bar quite slowly. I tend not to use this function generally, I change the order with the "Edit order" function (typing...

First impression on GFTUK - SB I am using GFTUK (Spread Betting only) since more or less one month and overall I think it is a decent service. The application (I only use the Windows program) is fairly versatile. Execution is normally very fast. I did not notice any "not normal" movement in...

Just as a clarification, in the post above when i say "orders" I mean "orders" as they are generally meant in investing parlance. In GFTUK parlance an "order" is only what is generally known as "limited price order", if memory serves. Fabrizio

They also have the possibility, which I think is unique among spread-betting firms, to place, move and cancel orders straight from the chart, where you see orders as horizontal lines. Overall I think their platform, if you use the Windows version, is the best around. I played a bit with the web...

Closing at market price Yes there is not on the chart but anyway - I don't know if you already noticed it - you can close at market price an open position by right-clicking, in the orders window, on an open order. The first item on the contestual menu says something like "transform this into a...

I do some intraday option activity. With normal methods a stop-loss on options is not comfortably feasible for various reasons: - the value of the option is linked to the value of the underlying by a law which is not linear. You might use the value of the "delta" and more or less try to infer...

Thanks Timaru69 and Sdev4321 for your answers. Could you please specify which kind of orders and which amount were they? As far as I understand, GFTUK have 2 kinds of orders: the first kind is a sort of "fill or kill", or if you prefer an "instant limit" order. You click on an order at a given...

GFTUK is the demo really demonstrative? Hallo, I have the demo of DealBook 360 (GFTUK) installed since a few days. The demo seems to work fine for spread betting. Today, during the last 15 minutes of the US markets (heavy activity I suppose) I did several operations on the S&P500 index with a...

Hallo, I am new to this forum, which I expect to follow regularly. My name is Fabrizio and I am from Rome, Italy. My personal relation with stocks dates back to 2000 and is mainly a buy-and-hold story. The bulk of my stocks are kept according to a buy-and-hold or to a "fundamental" logic. I...