NotoriousREV
Newbie
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I have a methodology which has been profitable for me over the last year but I wondered if there's a way to trade more efficiently.
I've been using IG Markets and either trading the daily FTSE binary or the FTSE 100 Cash spread bet, taking a position (either long or short) based on their pre-open price and then holding the position until close (or near enough).
Obviously, the binary gives an uneven risk profile (i.e. often the potential loss is greater than the potential gain) and there's a spread, and I lose out a couple of points on the spread bet (although it is only 2 points at the moment).
I just wondered if there's a way of doing this that means me giving up less profit to the broker?
I've been using IG Markets and either trading the daily FTSE binary or the FTSE 100 Cash spread bet, taking a position (either long or short) based on their pre-open price and then holding the position until close (or near enough).
Obviously, the binary gives an uneven risk profile (i.e. often the potential loss is greater than the potential gain) and there's a spread, and I lose out a couple of points on the spread bet (although it is only 2 points at the moment).
I just wondered if there's a way of doing this that means me giving up less profit to the broker?
