hover about this sp until tol?, page-32

hi furniture, na no expert believe me get more wrong than correct but I think a big saviour is to protect or be active during downturns with a productive plan

everyone is different some invest, some trade on smaller timeframes, but I find it helps to stand back a fraction and get a feel of what a group of bars are telling you with ref to whats occurred in the recent backgroud and that goes for any timeframe, also yes I do watch CCC

cheers

of late seen a bit of discussion re the dangers of CFDs, which I totally agree with, but if used correctly and if they are fully understood are imo magic

Would never ever use the services of the MM broker, I have done before but never again, the way they make the market and take your stop even though in the true market the price didn't even touch there

I use First Prudential which is a DMA provider and they dont do that, have 3 accounts one which is non leveraged ie just like most here can simply place their shares in, and then have got 2other accounts both leveraged one for long play and the other obviously for use whilst hedging the share longs

FP provide a detailed PDF 'Avoid Common CFD Mistakes', quite detailed and extremely helpful, bet all those other CFD MM providers dont provide, why would they, they just want your money

The biggest mistake with the use of CFD's in not understanding them, the biggest is using toooo much of your margin, bet all the ones that hit trouble the other day were using margins like 40%, 50%, 60%+, well with a sharp move down thats asking for extreme trouble, I never ever have my overnight margin more than abt 15%. Sorry for distracting from the original theme of this thread but thought it would be useful



cheers

P.S. toot, your most welcome