Recent content by OutnumberedOutgunned

  1. O

    direct access and spreadbetting

    Thank you Arb and Wasp, i have to be honest i posed the same question on the general forum as i was getting no replies here so thank you. Wasp does DA mean that SB doesnt, i mean i know about the tax free thing but really whats the difference?
  2. O

    what do you use to trade?

    lol at richi rich and thank you claudia. i just want to trade really, buy shares, short shares and when i say buy i mean buy not go long. Spreadbetting isnt trading is it? am i gambling against others?
  3. O

    what do you use to trade?

    hi im new to this and was wondering what platform you guys would suggest and which one you use.
  4. O

    direct access and spreadbetting

    I am a newbie...well i have been for a long time as i keep losing the urge to trade. However i am now able to do so and i want to know what broker/platform to use. Spreadbetting means im hedging againt people who have also bet on the same share right? so whats direct acess?
  5. O

    Thank You all..

    for answering my many noob questions but i got a really silly ones, why are all the trading firms in london and not in places like leeds etc and why do traders have 8 or 9 screens and two phones, what can you possibly be looking at, are they really that much more technical than a trader from...
  6. O

    long or short

    can you go long or short over a longer time, rather than a day, and if so what does that mean? you are more exposed?
  7. O

    How else do you go "short"?

    I was reading an article on Hedge funds which incidentally is why i came to these boards; to learn more. Now i thought people like George Soros went short by going to SB companies and placing bets. Now if im mistaken can someone please enlighten me. Thank You in advance.
  8. O

    So basically spread betting is a con?

    christopher9, the way you are posting i imagine you are a successful trader?
  9. O

    So basically spread betting is a con?

    i want to trade shares, i want to trade them over a 3 month period, i want to go long for as long as 12 weeks. Is that possible? or will they cancel my contract if they think im trading shares rather than gambling?
  10. O

    So basically spread betting is a con?

    update: i have received 2 calls today from IG welcoming me to spread betting, is this unusual?
  11. O

    So basically spread betting is a con?

    That is an interesting point, the SB companies hedge your bet if you bet big, as i was getting confused to as why Mike Ashley the NUFC owner would place bets with IG if he or the general knowledge is that SB companies make it difficult for you to profit. Anyway thank you all im ever so...
  12. O

    So basically spread betting is a con?

    Thank you all for posting and i have indeed appreciated your insights. My title was to provoke a discussion becuase as i have read through this forum all i have read is how 90% fail and the 10% who succeed are told to take their business elsewhere. Personally i dont believe its a con, its...
  13. O

    So basically spread betting is a con?

    Thank you for replying. I was going to open some positions today but if i lose to learn then learn to win then get stopped and have all this hassle of changing company to company with the pain of opening positions with knowledge of success being a future handicap; i dont think i want to even...
  14. O

    So basically spread betting is a con?

    wow, i have bought shares a few years ago and made a tidy profit before getting a daily grind. Recently i decided to get back into trading and i remembered being told that in a bear market you should "short shares" so i opened up an account with IG Index. But before trading with them i decided...
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