This week’s “Trade of The Week” might be better described as “Trade of the Six Months” since it is a longer-term position trade that was in play from 28 December 2011 to 19 July 2012. In that time my nominal £1-per-point spread bet notched up a gross profit of £27.62 and a net profit (minus […]
Archive | July, 2012
Spread Betting Company Minimum Stakes
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 […]
Review "Better Spread Betting" (the book) and Get Your Money Back!
I’m keen that purchasers of my Better Spread Betting book not only read it but also review it on Amazon.co.uk. So here’s the deal for the first ten people to respond before 1 August 2012: If you haven’t already purchased a copy of the paperback or Kindle edition from Amazon.co.uk, let me know why you’d make […]
Hedging Our Family Bets
Continuing my read-through of The Naked Trader’s Guide to Spread Betting (as I first mentioned here), I not so long ago read the section containing Robbie’s description of how spread betting companies hedge (or not) your bets in order to control their own exposure and risk. he makes the points that: If you’re a good […]
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 […]
Adjusting Stop Orders on the London Capital Group Trading Platform(s)
By Tony on July 13, 2012 in capital spreads, etx capital, financial spreads, intertrader, stop orders
My daughter, who is a budding trader but who is still practising in a demo account, asked me a question the other day: “Dad, how do I adjust my stop orders on Capital Spreads?” It seems so obvious to me now, after years of spread betting, and I never really give it a second thought; […]
Beware… the 8am stop-out!
I’m currently reading The Naked Trader’s Guide to Spread Betting. Not because I need to learn financial spread betting, of course, but because I might spot something that I forgot to mention in my own Better Spread Betting book and which I might therefore want to include in a future second edition. Besides, I ought […]
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 […]
When a Slow Stop-Out is No Bad Thing
This morning I took it upon myself to establish a long position in a gapped-down stock, with a reasonably tight stop order placed not far below my entry price. The price fell further (of course) but didn’t gap, and my stop order with ETX Capital stopped me out exactly as expected. Well done them. When I […]
Guaranteed Stops on Short Trades
As I’m currently busy editing (not writing) a book on investing psychology, it’s a short and sweet update from me today. I’ve found myself entering more short trades recently than I used to. Not because I’m particularly bearish at the moment, but because I’m testing a new short trading “theory”. I won’t tell you just […]