XJO 0.88% 7,959.3 s&p/asx 200

I am another one who learned the hard way that IG and presumably...

  1. 3,589 Posts.
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    I am another one who learned the hard way that IG and presumably other CFD providers will use your stops to their advantage ie. where there is thin depth they can easily trigger stops. I have been caught out with the market bouncing off my stop and really cost me. I stopped using CFD's because of this contrived market practice.

    If one is going to use CFDs I suggest they be used only for genuine bellwether stocks like BHP or the banks where depth is the best. In the case of the index trade that is the subject of this thread, I would be surprised if a market maker like IG could influence it to any significant degree. But on the other hand I do not trade indices so i have no real knowledge.

    regards
    DF
 
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