Looking at some of the graphs on here and on other sites there is a graph at the bottom of some called the CCI - what is this, what does it signify and should I be taking heed of it or ignoring it (or both!)
Thanks jpwone, that's what I thought - thought I must be missing something - sounds a bit like the old doubling up game at the horses, works ok until you get a reasonably bad run then you run out of cash.
Hi - what is the difference between 'End Of Day' and 'Intraday'. I think I understand End of Day (take a position which closes out/makes up at the market closing level) but not so sure about how Intraday works.
Yep Rossored - got those - all very useful. Thanks both for a really helpful response. As a little fish about to swim with the sharks I feel a little bit better protected now... unless you are a couple of sharks luring me in that is!!!
Sorry to disrupt your Xmas shopping!
So.... dealing direct with the broker the cost of the trade is the commission, dealing with spreads the 'cost' is inherent in the spread itself. From the sound of it the broker option sounds best.
I now need to do a couple of weeks paper testing to find out...
Great Rossored - just the sort of stuff I need!
Some more basics -
CFD's ?? What does CFD mean. And Direct Access?
Spread firms - recommendations, if you have any. What are the pluses/minuses of spreads over share dealing and where do the mysterious CFDs fit in?
Thanks for this help btw -...
Ok - so I get myself some charting software + feed, develop a trading strategy, open an account with someone like IB.
Next basic question -
Say I am trading shares in a ftse company. Presumably if I think it is going to rise I simply buy then sell when/if the price goes up.
Say I take a view...
Complete beginner with background in sports spread betting and fixed odds trading (via betfair etc). Looking to get into stock/share price trading and would like some very basic feedback on the following (please include explanations for any technical jargon!) :-
1. How/where do I trade? (I...
Your trading pattern would show that all your trades were arbs and they would soon put a stop to it. Yes they can do something about it - they can either refuse your bets, offer you non-arb spreads, limit your trade size or simply close your account. The fact that you are not taking all your...
I'd be interested to hear from other sports traders - spreads, exchanges, binary, etc.
I'm particularly interested in building up a profile of all the companies offering trading opportunities and identifying who does what.