GOLD 0.51% $1,391.7 gold futures

short it hard, page-44

  1. 9,081 Posts.
    re: 4 weakness Geeze .... that is pretty nasty.

    I don't want to pontificate, but capital management is an essential part of CFD trading. I never risk more that 2% of my capital on any one trade.

    Well placed stops are a must ... I lock in stops to break even and then trail them to lock in profits as the trade moves in the right direction.

    Losing trades are exited quickly.

    I guess it's not everyone's cup of tea, I have done okay with CFDs.

    When the market stabilises and trends up once again I will be looking for buy & hold "value" shares to accumulate.

    Until then, I am content to remain 70% cashed up with the balance used to make quick 'hit and run' profits via CFDs.

 
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