Few tips from me - Re: CFD's etc 1. - Until your confident...

Few tips from me - Re: CFD's etc

1. - Until your confident trading shares with your own money DONT get involved with CFD's

2. - If you do start trading/investing in CFD's make sure you have plenty of funds.....otherwise you'll be forced into margin calls and if you don't have further funds you'll be forced into a big stop loss. Therefore your OWN STOPS are very important when trading CFD's. Just remember CFD's multiply your gains but also your losses.

3. - IMO - as a trader/day trader you don't need huge funds to made a living......therefore for me personally i'll never borrow money to invest ever again! - Whether it's T+3 or CFD's I have got burnt......

Using you own money means you have no time barriers or pressures and can trade freely as per your plan.

Hope that helps