I've been using it for about 6 months and quite like it. No charts however but otherwise a competent program. Hedging CFD shorts are quite useful so you don't have to sell your shares when you expect a drop (and so benefit from capital gains rules by holding for over a year) although I am hopeless with timing in putting my shorts on and off; you can partially hedge too. You can only hedge on larger companies. You get full depth of orders and trades are instantaneous, whether cfd or not. With a guaranteed stop loss you can actually have less collateral, as low as 1% or so but each time i've done this they extract a hefty fee and my stops get broken so I don't do that anymore. Of course the leverage can work against you or for you, just like any leveraged system. There is a pdf on their site that tells you how much you can leverage on each share; the big co's w divs and solid earnings you can leverage 95%, then there are many at 10% and 25% and then there are many of the small stocks where you cannot leverage at all.
I'm mainly a long term fundamentals investor and I like the ability to flexibly leverage, I don't know what it would be like for mainly a cfd trader or a day trader.
The ability to short saved me from a complete wipeout during the subprime drop and I didn't have to sell my core holdings. I shoulda shorted earlier, but probably most people would say that!
- Forums
- ASX - General
- ASX
- macquarie prime
macquarie prime, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASX (ASX) to my watchlist
|
|||||
Last
$65.17 |
Change
0.190(0.29%) |
Mkt cap ! $12.68B |
Open | High | Low | Value | Volume |
$64.98 | $65.50 | $64.90 | $5.521M | 84.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 78 | $65.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$65.17 | 79 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 292 | 65.130 |
4 | 100 | 65.120 |
4 | 132 | 65.110 |
3 | 88 | 65.100 |
4 | 129 | 65.090 |
Price($) | Vol. | No. |
---|---|---|
65.160 | 162 | 8 |
65.170 | 103 | 5 |
65.180 | 163 | 4 |
65.190 | 100 | 3 |
65.200 | 128 | 4 |
Last trade - 12.02pm 31/07/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
Previous Video
Next Video
SPONSORED BY The Market Online