swing trading via margin lending, page-3

  1. cha
    5,957 Posts.
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    kak

    margin lending and cfd trading will burn you eventually

    you can have 10 good solid trades and then one bad one or 1 gap down can burn your account

    not worth it.

    I have used cfd account from time to time as a kind of painful challenge to stay ahead on it and cant do it. need tight stops and always triggered.
    one year I will beat them - yeh sure

    I trade with a friend who is a multi from share trading. this person has the same experience. has traded cfd accounts and lost every time.

    in the words of a professional - you row out deeper and deeper until you row too far and the leverage hits you and you sink

    I trade with my cash. could do better with leverage but no stress

    cfds should be banned and will be one day. they know your stops and surprising how often they are hit.



 
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