Recent content by newTraderMike

Hi Trendie, You are very right on the transparency. £14K is good money, but the most I hate is those SB company seems able to judge their own cause. They can take you money if you loss with(out) prove, they can take money if you win with(out) prove. The fact, when they want to take it, took...

Hi, Thanks all for your input. I had gone through the T&Cs with some very law minded help and found the terms they rely on wasn't flawless. I filed a complaint with LCG atm and awaiting for result. I might forward the case to FOS or even go to the court. I am getting some very good help and...

Also I would wonder if what's happenning with the guys wipe out by this error? :)

Damn, I thought that was the best trade. :)

Hi, I have a small issue with capital spread today. I normally trade on US tech 100 index. Today I saw the price quote from 3690 suddenly to 6475.6. I thought it must be an error or something big is going. So I decided to take risk and placed a put bet and made £14000 when the price back to...

Thanks Darktone, a lot info here. Guess I am still qualified as a bad trader after 4 years. Surprisingly haven't lost a lot. :) In terms of underlying price on index, could you recommand some useful sources please? i.e. books, web links.

Thanks Darktone, very informative.

Got to say thanks for all the replies. I would guess I had to relook into my model and figure out whats wrong. I normally trade short term and with a stop lost less than 50 pips with 3% safty. The reason why I am asking is interesting. From my old records, the stop lost hit rate was much higher...

I am using capital spread.

Hi folks, I am new to this forum and like to ask some opinions from all experienced traders using spreadbetting. I am not excatly new to spreadbetting and been doing this for about 4 years. I didn't made much money out of it and did't loss big as well. I had found some interesting statistics...