Like me, you might have received an email telling you that from 12 December 2013 your TradeFair account will no longer be accepting new trades. It’s a shame, because this was one of my favourite spread betting accounts that showed stop order levels right alongside the trades (see below) and which — along with other […]
Archive | lcg
Has London Capital Group (LCG) turned the corner?
By Tony on May 13, 2013 in barratt, capital spreads, intertrader, lcg, position trading, pyramiding, stop orders
I ask the question “Has London Capital Group (LCG) turned the corner?” because I have a couple of modest spread bet exploratory positions riding on the hope that it has: Both positions (blue lines) are now in profit, with my common guaranteed stop order (red dashed line) somewhere between the two entry prices… which means that I […]
Update on my London Capital Group Trade of The Week
Following yesterday’s Trade of The Week feature, in my warts ‘n’ all style I thought I should update you on what happened next. Unfortunately, the price of London Capital Group shares fell back thereby triggering the stop order on my original position for a loss of £25.33 including financing costs. The good news is that […]
Trade of The Week on London Capital Group
By Tony on February 13, 2013 in capital spreads, ig, intertrader, lcg, position trading, stop orders, trade of the week
Have you seen what happened to the London Capital Group share price in the past few days? The sudden ramp-up in share price allowed me to bank this quick profit: I cashed in those few chips so as to demonstrate the handy IG P&L Breakdown Report that shows you exactly how you did — including […]
Is the London Capital Group a Flatliner?
I noticed that one of the casualties of today’s heavy sell-off was the London Capital Group. A quick look at its longer-term price chart (see below) caused me to notice also that it might now be categorised as one of the Flatliners. According to the Peter Lynch principle, I should now be taking up a […]
Use guaranteed stops to conjure additional trading funds out of thin air!
Like me, you may occasionally find yourself in the embarrassing position of wanting to make a trade in your spread betting account at a time when you have little or no “available to trade” trading funds. Like me, you may prefer your spread betting account(s) to be self-sufficient and therefore you’re reluctant to feed yet […]
Selftrade (spread betting) moving to the London Capital Group (LCG) trading platform.
By Tony on July 28, 2012 in capital spreads, financial spreads, ig index, intertrader, lcg, selftrade, spread co, spreadco, spreadex
A couple of days ago I received an email from Selftrade — with whom I’d forgotten I held a spread betting account, to be honest — informing me that their CFD and Spread Betting offering would be moving from the current City Index trading platform to the London Capital Group (LCG) platform. It means that in […]