yep without leverage it gets difficult, I agree completely with everything Tim has to say regarding CFD's - asx is better although most will mirror (or attempt to) the physical during normal hours then track the spi after hours. Ultimately it's their beast so they can do what they want.
My honest opinion is get set up for futures, it can be high risk however it can also be the safest of all. My only concern is that if you're not familiar with the SPI that the current market might not be the best time to dip your toe in.
Barrier warrants are also an option, high risk but you can't lose more than you choose to; some straddle strategies can help protect also.
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |