Recent content by yellowfloyd

Spread betting is completely tax free. So you won't need to pay an tax on your profits/winnings. Sorry to hear you lost your job, on a positive note well done on your profitable trading.

Let me get my crystal ball- Who knows is the honest answer- what's the competition like? Is it worth buying into them?

Save up more.

The thing with the index is you can get carried away with it and end up punting a lot if you solely concentrate on it. I often trade the index but only as a hedge. If I am fairly long and the market is starting to come off I may put a short contract as a hedge. But I wouldn't solely speculate on...

Try FCA Regulated broker if you want to do binary options!

Hi on Spread bet if you did £10 a point on the FTSE, you do on maxi contract which is exactly the same, a maxi is worth £10 a point,. On Equities £1 a point is the equivalent of 100 shares. So if you did £10 a point on BP you simply do 10 X 100= 1000 shares in BP. So you buy 1000 shares in BP.

I'm not sure of anywhere where you can get it for free. You can always open a trading account and pay the L2 fee. I think CFD trader only charge £7.20 a month for the L2 feed.

MT4 is a great platform, particularly for traders who use algorithms to trade, however I am a basic trader in the sense that I stick to a relative small number of stocks that I closely follow and one or two of the main indexes. For this reason I am very happy using the platform my broker...

I've not directly heard of Andrew but am not a fan of courses in general. They tend to costs thousands and teach you nothing you can't learn from books at a fraction of the cost.

I think the section on behavioural finance would be one of the most interesting for me. Technical indicators are an individual preference and many will make a case both for and against the various indicators and everyone will have their preferred ones. Whereas human emotions tend to be very...

Stick to FTSE 100 to begin with , or go small with some speculative FTSE 250.. Bitcoin etc is super speculative and you can make or lose a hell of a lot of money.

I’ve never heard of this company personally but similar companies I have heard of in the past usually have underlying costs etc. They give you a taste of what they want to teach you then they ask for a lot of money for the ‘full’ course. Or in this instance they may take a cut of your profits...

I don’t know how much help I can be finding you a broker but have you traded US penny shares before? The reason I ask is that generally they are ‘pink sheets’ which means that a trade of 1 share could in fact show the stock has moved in huge percentage increments when in fact you would have...

If you are trading everyday are you holding the positions for a short period of time? Have you considered CFDs if you're hold for a short period of time?

Hi, I have a CFD account with Accendo Markets. I trade small cap stocks such as Centamin, African Minerals, Range Resources with no problem however I’m not sure if you can trade ones as small as £1million. My broker there is fantastic (John Truong), speak to him and he’ll let you know what you...