cdfs gambling, page-12

  1. 36,517 Posts.
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    jorgina,

    I have been trading CFDs for at least 5 years now (probably closer to 6), so I am familiar with CFDs. Suffice to say I am using a much larger capital to trade.

    You are a beginner, so it is good to see you are starting with small capital.

    You said:

    ".... in reality though i feel sick when i go up to the keyboard to open my account up so probably i dont have the stomach for investing"

    Make sure you are trading with money you can afford to lose. By the sound of it, even though, from my point of view, you are using a small sum of capital but you still feel "sick", so may be it is not for you.

    Whether you trade CFDs or normal shares, management of your emotions is quite fundamental in becoming successful, besides money management, trading strategy.

    You had not replied to my critic of one part of your earlier post regarding your view that the CFD market is being "manipulated" by the market maker. I will say it again, if you don't trust the environment of the instruments you are trading, in this case, the CFD Market Maker provider's market, then it is not a market for you to trade in. Again, I come back to emotions (fear and greed) and it can certainly influence, and for some in a big way, your view of the chart in front of you.

    Just my views.











 
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