Posts Tagged ‘CFD’
Live vs demo trading account
If you are new to trading then you may be wondering whether to start with a live trading account or a demo (practice) trading account. A live trading account is one which will require real money to be deposited and then risked in each trade. Of course you will also be able to make real money. A demo - or practice account will allow you to [...]
CFD trading demo accounts
Before you start risking your money with a live CFD trading account you will probably want to try some demo accounts from different brokers. Practice accounts will help you to familiarise yourself with the mechanics of buying and selling, and help to evaluate the various trading platforms that CFD brokers provide. If you are thinking of opening [...]
How much money could I lose trading CFDs?
Before placing any contracts for difference (CFD) trades you should ask yourself the question of "How much money could I lose?". If you are to trade responsibly you should always be focusing on what you could lose, not what you could win. If you are focusing on how much you could win then you are either at high risk of losing a lot of money, or [...]
Top Trader 2009 Competition
RBS marketindex is launching a competition to find the best CFD trader. You trade using a demo account and each week there will be prizes for whoever increases their account by the most. Registration is open from the 29th June and the competition starts on July 6th. Prizes are £5000 cash, a Dell laptop and an iPhone 3GS 16GB. As this is a [...]
Review of CMC’s CFD and Forex trading platform and service
CMC are a well known CFD, Forex and spread betting company. I signed up to try the service. Signup procedure You have to choose whether you want a CFD, Forex or spread betting account. The spread betting account is web based and the CFD and Forex accounts are run from within a Java application called MarketMaker. There is no need to sign up [...]
My first trading mistakes
I first opened a CFD trading account about three months ago. In that time I've already made quite a few mistakes but hopefully I've learnt from them. Here are some of them. Not checking the spread before entering a trade If for example the index is moving in a range of say 10-20 points and you want to do a short term bet then opening a trade [...]
Review: Diary of a CFD Trader by Catherine Davey
Catherine Davey is a regular writer of trading articles. Perhaps to prove that she could put her money where her mouth is she decided to spend three months (14 weeks) trading CFDs and write a diary of her progress to show that it is possible to make money this way. As she soon discovers it isn't as easy as she initially though. Her [...]
FTSE 100 CFD Trading: 2nd June 2009
The day started well with me spotting several trends and managing my risk well. By 2pm I was up 22 points. Things went wrong after this when the market got more choppy. My biggest loss was in the afternoon around the time that the US housing data was released. The index started moving fast and I tried to profit from the surge upwards. I was too [...]
