X - I agree with you totally about CMC....new traders watch yourself with them.
I'd had 5 years surviving fine in the market place with my own cash before deciding to throw $20k into an account with them for some extra leverage & to use for short selling.
The requotes whenever you try to buy or sell any share (even though my live platform showed they were available) were constantly frustrating & often had to pay 2-5c more to get in or out.....also the consistent triggering of my stops just before the share would take off up again appeared constantly orchestrated but the last straw was a margin call for $1.40 on OSH & they took my shares minutes before it went into a trading halt & opened up around 50c more.
It didn't take long for me to be fleeced of $20k with the tactics they use but CMC will utterly deny any of this at their seminars to encourage all the new players.
I'm actually looking for a new shorting provider if anyone has any ideas......was wondering about Marketech who say that they take a position with you (rather than hedge against you like CMC does) but don't know if they are any good. I like the Webiress trading platform I use & Man Financial has this but their fees are rather hefty . Any suggestions welcome thanks.
Katy
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Mkt cap ! $12.57B |
Open | High | Low | Value | Volume |
$65.47 | $65.80 | $64.42 | $14.02M | 216.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 164 | $64.82 |
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Price($) | Vol. | No. |
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$64.96 | 1692 | 1 |
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1 | 988 | 64.790 |
1 | 856 | 64.760 |
1 | 700 | 64.750 |
1 | 356 | 64.740 |
Price($) | Vol. | No. |
---|---|---|
64.960 | 1692 | 1 |
65.000 | 62 | 3 |
65.060 | 856 | 1 |
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