Over on the “Talk with Tony” page, Mrmenstig asked a question (edited for clarity) as follows: Recently I’ve noticed a lot of the instruments I’d like to bet on have a mininmum size of £5-per-point with the provider I use. I was looking at ETX Capital over the weekend and found they have a minimum of […]
Archive | ig index
Trade of The Week: Immobiliare Grande Distribuzione (IGD)
For this week’s trade of the week I thought we’d go abroad, to Italy. On or around 19 June, with Italy getting a lot of economic bad press, I decided to take some punts on several Italian stocks that might recover from what looked liked historic low prices. One of these stocks was Immobiliare Grande Distribuzione […]
Total Cost of Ownership (TCO) and the IG Index P&L Breakdown
When your longer-term rolling position trades close out, it can sometimes be a little difficult to figure out how much money you actually made. Sure, the closing price might be higher than the opening price — lucky you, on a long position — but how much did the position cost you in overnight financing / rolling […]
Trade of The Week: Reaching for the Skye! (again)
Jump straight to the book, or… The last time I wrote about Skyepharma was over at Financial-Spread-Betting.com in my article titled Reaching for the Skye! I described how I had secured a £45 (but it could have been £450 or £4500) profit thanks to the meteoric rise of Skyepharma shares in April 2012. Oops, I did […]
Trade of The Week: Ocado
By Tony on June 29, 2012 in capital spreads, ig index, intertrader, ocado, price gap, stop orders, trade of the week
Unusually for me, this week’s trade of the week is a short trade. I took inspiration to engage in a little more short trading from “Evil Knievel’s Guide to successfully shorting stocks” in Issue 03 of Spreadbet Magazine. Not that he recommended this particular trade, but the article did remind me how my preferred position […]
Talk with Tony (about Guaranteed Stops)
By Tony on June 28, 2012 in better spread betting, capital spreads, ig index, intertrader, position trading, stop orders
Over on my “Talk with Tony” page, Martin asked a question that I think deserves a fuller answer here in the form of a blog post. Unless I’m mistaken, this is the same Martin who just reviewed my Better Spread Betting and Position Trading books over on Amazon.co.uk. Thanks, Martin, but unfortunately your cheque is […]
Balance-Affecting Transactions in Spread Betting
There are various events that affect the cash balance in your spread betting account, including: the profit or loss from closing a position an adjustment for a dividend the debiting of overnight financing (rolling) charges To show what these balance-affecting transactions look like, I took a 24-hour snapshot from an IG Index account (although it […]