Thanks so it is still possible to get filled when using £100 point near to execution price and the broker wont mess you about.Have you or anyone you know had experience.Thanks in advance.Your fills will be dependant on you being a B book client i.e a loser in which case will get good fills if your an A book client winner you will be filled according to market conditions in the underlying
Yes it is a valid question.Ive been studying markets on and off for about 10 years but for the last 3 been perfecting and tweeking my system and for last 14 months have consistantly achieved over 200pts trading dax and dow with very selective trades ,about 10-15 trades a month with drawdown obviously about 50 points max most months but some months less.My stop loss per trade is 25 .I have increased my £ per point as account grows and was looking to future to see what my potential could be and if placing larger sums per point would become an issue.So that is the point of question to see if people have any experiences with what I consider larger sums per point.Thanks.Is this a serious question? If it is, then you have my respect but can I ask how you got to this level - and how you stay there?
Of course, on a less serious note there are plenty of people on the internet who trade at £100 a point. They're usually guys, usually about 21, usually sitting on the bonnet of a supercar which is usually parked on or overlooking a beach. Sometimes they have wads of cash in their hands. Like trading is a cash business....
Sorry I can't find a link to that, but from the platform at the moment I can see that During US market hours:Thanks is it possible to get that table of increased spread.?
Thanks £500 per point and a spread of 8.Crikey that is big boys stuff.Who trades at these levels?Sorry I can't find a link to that, but from the platform at the moment I can see that During US market hours:
£500 per point , spread is 8
300 ........... 5
200 .... 4
150 .... 2.5
100 and under ...1.6
So there is no dealer intervention required as the spread becomes unmanageable at higher levels, so trades can take place in 100ms or so.
£3,300 per point is the max position size in total.
No one, why would you pay £400 to place a trade ? Anyone who is looking to trade at that level will use DMA because, even accounting for tax liability, it would be more profitable to pay the tax than to have such a huge cost to place an individual trade. In the event that you lost money, you can offset the losses using DMA which you cannot do using spreadbetting.Thanks £500 per point and a spread of 8.Crikey that is big boys stuff.Who trades at these levels?
Assuming the trader is profitable, an 8 pip spread is cheaper than a 32%-52% tax.
If your dad had no problem at £100 that sounds good to me. If I did achieve this level and possibly even more per point maybe having more than one sb account and spread the amount ie £200/£300 around the accounts. How did your dad do with his trading over the years.?Why not trade futures?
I know people who daytrade 70 (SEVENTY!) ES contracts. Madness.
Not sure what the equivilent even is in terms of £ per point with a spreadbet broker- like £500 per point ish?
ps - to answer your question my dad used to trade about £100 per point with CMC. Don't think he had too many issues, although this was about 15 years back