nttg, i would suggest you go and have a look at a non market...

nttg, i would suggest you go and have a look at a non market maker CFD web site. And read the FAQs. You might also try http://www.trade2win.com/

A market maker may have a long and short positions held in say BHP. He might balance his book so they equal out, at the end of the day. So if BHP opens 10% higher next day, it makes no difference to him, providing he effectively has a balanced book.

Max

DYOR and the easiest way is to talk to a competing industry. They know most of the holes and probably understand the small print and the risks.