Recent content by Zweihander7

Have been considering day trading and back in 2019 I did some swing trading for 4 months and made about £50k profit, but got really greedy and lost £150k in 1 day when covid hit. Decided I would stop trading and just take my money and buy & hold QLD (2x levered Nasdaq 100 ETF) to recoup the...

What you described is DFBs/CFDs. You cant use DFBs for long term investing, the overnight financing costs eventually destroy your returns. Index futures works differently to DFBs. There are no overnight financing costs for spread bet index futures, the costs are all in the spread you pay right...

OP this is exactly what I do. I feel like it's the biggest secret in the stock market that nobody knows about. I hold a net 2x leveraged position on my capital in the Nasdaq 100 long term using index futures spread betting. I only use index futures bc the financing costs are dirt cheap. The...

I make about £100k a year from my trading, so £200k is hardly farfetched. The reason 80% of traders lose money is they jump into trading looking to get rich quick without spending any time learning risk management. Key to making money trading is actually just focussing on not losing money. Once...