Spread betting is a leveraged product, your losses may FAR exceed any profits made.
You have been warned!
You have been warned!
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Bit bloody late now!!!!Originally posted by DimPrawn View PostSpread betting is a leveraged product, your losses may FAR exceed any profits made.
You have been warned!
(-£280 at the mo! ) - Please bounce!
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Does this mean that you're losing money on oil ?Originally posted by DimPrawn View PostSpread betting is a leveraged product, your losses may FAR exceed any profits made.
You have been warned!
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FTFY, but only if you don't know what you are doing, and don't pay attention to the upcoming news diary.Originally posted by DimPrawn View Post"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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I did know about the diary. Yesterday I was £100 up and ready to close when a series of long phone calls took my eye off the ball, loss has been growing steadily. I knew the news was coming today, but there wasn't much I could do. Hoped for a bit of a rally which never came.Originally posted by Moscow Mule View PostComment
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Lesson learned then.Originally posted by DimPrawn View Post
Hoping for a rally is a fools errand - everybody would be waiting for the news, demand drops, therefore prices drop."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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That was related to the news though, not the effect of the people waiting for the news....Originally posted by Money Money Money View Post"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by DimPrawn View PostNo icon for big mistake, so this will have to doOriginally posted by Money Money Money View PostBit bloody late now!!!! (-£280 at the mo! ) - Please bounce!
You are making the usual beginner mistakes:
Changing targets, changing stoplosses and increasing your risk, altering your tradeplan, not having a tradeplan, overleveraging, letting emotion get in the way, the list goes on...Last edited by SantaClaus; 9 December 2009, 17:55.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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Originally posted by SantaClaus View PostLooks like you are all doing really well at spreadbetting.
Most of you are making the usual beginner mistakes:
Changing targets - Yes, changing stoplosses Yes and increasing your risk Yes, altering your tradeplan Yes, not having a tradeplan Yes, overleveraging Yes, letting emotion get in the way Yes, the list goes on...
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