Posts Tagged spreadbet
I was reading an article the other day which said that the markets these days are harder than they use to be to make a profit.. 10 - 20 years ago, you could just buy/sell and hang on.. the markets would generally trickle one direction. In this day and age, the market volatility is extremely high and it's not easy to enter the markets and make money.
I don't know how true this is but certainly, the markets know exactly where to hit you and take you out. I have always thought that a stop shou
September 20, 2012
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A few months ago we heard about the 32 year old rogue trader, Kweku Adoboli who lost over £1.4 billion of his employers money trading the markets. The trial has just recently got underway in the UK and more details of his finances have come into the public domain.
So, not only did he lose the vast amount of money trading the bank's money, he also lost a fair bit on his personal accounts, spreadbetting the markets. He had an account with the spreadbet broker Igindex and lost £123,000 wit
September 17, 2012
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The markets have taken a bashing of late and extremely oversold. Silver has had 10 straight down day and you would expect a bounce. Two nights ago there was a pinbar showing support and then the following day, a green bull bar. I bought at the close of this bar at 28.05 and it rode up nice today. I closed out today at 28.76 for 71 points.
I closed for two reasons... the market is still in a downtrend and after a weekend, anything can happen with the markets.
It was nice to grab 71 po
May 18, 2012
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