Recent content by kinglatfan

You can play Wall St for one euro with a spread of 2.2 points. If IG receive 10X 1 euro bets they can turn this into one full contract for which the spread becomes 1.8 bet leaving them an additional 0.4 to the better.

How about putting some money in cash savings for instant (or near instant) access and putting some money in high yielding Ftse30 Companies for income and capital growth. This strategy was fashionable 3/4 years ago and is worth revisiting. kinglatfan

Professionals buy from us amateurs at the bid price usually when we are desperate. Professionals sell to us amateurs at the offer price also usually when we are desperate but for different reasons. e.g VOD 120/120.25. Means the professionals will buy off us amateurs at 1.20 and seek to sell...

I am presently trialing E*trade`s CFD simulator. I am trying to compare CFD Quotations against US current prices. I think that shares that have a normal 1 cent spread have a cfd spread of 10 cents. This largely destroys any benefit to the trader and profits the broker. Margin requirements...

I have been browsing through www.amazon.com as our Us cousins appear quite happy to let you view sample pages. This guy appears to have been around a long time and to talk sense. In many ways he seems to be a contemporary of Elder with a slightly more lucid writing style yet he does not appear...

It is pretty late at night I know but I have just tossed a coin 15 times. The only slight variation to the initial posting is that I have consistently played £500 per time (i.e. 10% of the original stake). After 15 plays £5000 has become £7,000. I have decided to forget about the plane on the...

That good old maxim "plan your trade and trade your plan" gets a good few mentions on this thread and rightly so. There has also been a lesser reference to business planning for trading: not the plan in your head but rather the plan you have carefully put down on paper and pinned on the wall...

Trading has taught me a) to keep it simple. b) to enjoy my week ends. c) to realise that it is best to work for myself and not others: others will only exploit you but you can hardly exploit yourself d) to enjoy the sun when it shines e) to observe at my leisure f) to only trade what I...

when I have enough spare sterling to transfer into $ I will open an IB account to day trade Nasdaq. Hopefully I will be able to do this in the near future to take advantage of the exchange rate. People keep talking about the Euro but forget the £/$ rate and of course oil is still bought in $...

I too am an Elder fan and am presently on my third reading of Trading for a Living and still learning from it! It can be hard going in parts and is not particularly good night time reading after a hard day in the office. If you trade it is important to understand the fundamentals of all the...

In todays Times there is an interesting article about CFDs ,Selfridges, the father of one of the take over candidates, and Cantor Fitzgerald. Apparently the father has been dealing heavily in CFDs in Selfridges and Cantor Fitzgerald have (after the event) had to publish an apologetic press...

Financial Times gives this info every year in early January or February in a Saturday edition . A useful page to cut out and stick on your wall. kinglatfan

The great Scottish one will never ever get any stamp duty out of me! Following MSFT INTC and DELL and trending is as good as it gets. Spreads of one cent and commissions of one cent per share mean that 3 cents plus and you are in profit. Similarly if you stop loss at 3 cents on the downside...

I spent half of my Christmas reading Van Tharp`s Financial Freedom Through Electronic Day Trading ( co written with Brian June ). I found it an excellent read. I wonder how many out there have actually taken the advice to prepare a written business plan. I am presently on my third draft and I...

It would be interesting to see these charts with say MACD Histograms underneath or some other marker to help guage things.