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By (user no longer on site) OP
over a year ago
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The spread betting ....you're forcasting the price.Say for example Gold is $12 you place a buy or sell if you think its the right time to do so.Gold is probably a bad example for me to use its price can be very volatile. |
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By (user no longer on site)
over a year ago
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"I've used x-o for share dealing. But google is usually your friend."
I've done the googling but always find a 1 on 1 answer is usually more helpful
Ideally I'd want something I could buy and sell instantly preferably from my phone  |
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By (user no longer on site)
over a year ago
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"The spread betting ....you're forcasting the price.Say for example Gold is $12 you place a buy or sell if you think its the right time to do so.Gold is probably a bad example for me to use its price can be very volatile. "
I did loads of googling before buying into precious metals and the general jist is buy in the form of bullion. You physically own it then |
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I own a business in the alternative investment market. PM me if you want the name of a company in the spread market. They average a return of around 4% per month for their clients I believe.
I'm not recommending them you understand, but you could contact them directly. |
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By (user no longer on site)
over a year ago
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If you are interested in spread betting, CFDs or in direct stock buying, I would suggest doing a dummy account for a while first so that you can understand how things work before exposing yourself to losses. Remember to set stop losses and look at some training courses. Markets are unpredictable and you can end up losing a lot of money quickly if you aren't careful. |
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By (user no longer on site)
over a year ago
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"If you are interested in spread betting, CFDs or in direct stock buying, I would suggest doing a dummy account for a while first so that you can understand how things work before exposing yourself to losses. Remember to set stop losses and look at some training courses. Markets are unpredictable and you can end up losing a lot of money quickly if you aren't careful."
Good post ,  |
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By (user no longer on site) OP
over a year ago
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"If you are interested in spread betting, CFDs or in direct stock buying, I would suggest doing a dummy account for a while first so that you can understand how things work before exposing yourself to losses. Remember to set stop losses and look at some training courses. Markets are unpredictable and you can end up losing a lot of money quickly if you aren't careful.
Good post , "
Yes Ive passed that stage and understanding what makes the markets move stop losses etc .Looking to do some webinars also. |
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"The spread betting ....you're forcasting the price.Say for example Gold is $12 you place a buy or sell if you think its the right time to do so.Gold is probably a bad example for me to use its price can be very volatile.
I did loads of googling before buying into precious metals and the general jist is buy in the form of bullion. You physically own it then "
Whereabouts is it you live again?  |
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By (user no longer on site) OP
over a year ago
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"The spread betting ....you're forcasting the price.Say for example Gold is $12 you place a buy or sell if you think its the right time to do so.Gold is probably a bad example for me to use its price can be very volatile.
I did loads of googling before buying into precious metals and the general jist is buy in the form of bullion. You physically own it then
Whereabouts is it you live again? "
Timbucktwo .....officer! |
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By (user no longer on site)
over a year ago
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"If you are interested in spread betting, CFDs or in direct stock buying, I would suggest doing a dummy account for a while first so that you can understand how things work before exposing yourself to losses. Remember to set stop losses and look at some training courses. Markets are unpredictable and you can end up losing a lot of money quickly if you aren't careful.
Good post ,
Yes Ive passed that stage and understanding what makes the markets move stop losses etc .Looking to do some webinars also."
Start small and make sure you have a clear strategy. Where most amateurs lose is where they have made a losing trade and then start to panic and flip flop between buying and selling at the wrong times compunding the initial bad trade. You will make bad trades, everyone does. Take it on the chin, walk away and come back calm. Only trade when you have the time to commit to it, news flows can mean large and instantaneous market moves which can see you lose heavily if you don't react.
For what it is worth, with individual stocks I buy with a 10 year hold horizon, a bit boring maybe but over the long term good quality companies that pay a dividend will out perform most other asset classes (Buffett has done ok with this strategy!).
With CFDs and spread betting I only trade when I have time and tend to do little and often trades on a couple of key indicators.
Good luck! |
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By (user no longer on site) OP
over a year ago
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"If you are interested in spread betting, CFDs or in direct stock buying, I would suggest doing a dummy account for a while first so that you can understand how things work before exposing yourself to losses. Remember to set stop losses and look at some training courses. Markets are unpredictable and you can end up losing a lot of money quickly if you aren't careful.
Good post ,
Yes Ive passed that stage and understanding what makes the markets move stop losses etc .Looking to do some webinars also.
Start small and make sure you have a clear strategy. Where most amateurs lose is where they have made a losing trade and then start to panic and flip flop between buying and selling at the wrong times compunding the initial bad trade. You will make bad trades, everyone does. Take it on the chin, walk away and come back calm. Only trade when you have the time to commit to it, news flows can mean large and instantaneous market moves which can see you lose heavily if you don't react.
For what it is worth, with individual stocks I buy with a 10 year hold horizon, a bit boring maybe but over the long term good quality companies that pay a dividend will out perform most other asset classes (Buffett has done ok with this strategy!).
With CFDs and spread betting I only trade when I have time and tend to do little and often trades on a couple of key indicators.
Good luck!"
Thanks |
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