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 […]
Archive | financial spreads
Trade of The Week: Bottom Fishing for Borders and Southern
By Tony on August 24, 2012 in capital spreads, etx capital, financial spreads, ig index, intertrader, stop orders, trade of the week
On 16 July, oil company Borders and Southern Petroleum gapped-down massively from about 60p-per-share to less than 20p-per-share. Pity the fools who were holding a large position through this gap-down, which all goes to show why it is important to diversify or to employ guaranteed stop orders. So, what did I do immediately after the […]
Seasoned Spread Bettors, Start Here!
By Tony on August 20, 2012 in capital spreads, financial spreads, ig index, intertrader, malcolm pryor, position trading, stop orders
As seasoned spread bettors, we may be tempted to think that we know it all. But the markets have a nasty habit of humbling even the best of us from time to time, and we discover that we all have something to learn after all. That’s what this web site is all about: how to […]
New Spread Bettors, Start Here!
By Tony on August 18, 2012 in capitals spreads, etx capital, financial spreads, ig, intertrader, spread co
When you’ve been spread betting and writing about spread betting for some time, like I have, it is all too easy to get caught up in the technicalities of (for example) reviewing sample trades. And easy to forget that some readers will be just starting out with spread betting for the first time. If you […]
The Upside / Downside of Diversification
By Tony on August 17, 2012 in capital spreads, diversification, financial spreads, ig index, intertrader, spread co, spreadco, spreadex
Over on The Motley Fool (for whom I used to write), Malcolm Wheatley asks How much diversification is enough? First of all, I think there are two reasons to diversify: On the downside we need to diversify to spread our risk, because any stock can suffer a sudden collapse and take much of our portfolio […]
First a Position Trade, then a Day Trade on FirstGroup
By Tony on August 15, 2012 in capital spreads, financial spreads, firstgroup, ig index, intertrader, resistance, support
The first thing I did this morning (apart from having a shave) was to take a punt on FirstGroup when it was announced that the company had been awarded the West Coast rail franchise ahead of the incumbent Virgin / Stagecoach combo. Sir Richard Branson was single-mindedly in the opinion that the government had made […]
Betting on the Betting Firms
Some people think that there is more money to be made by buying the betting firms than by placing bets with them. Suppose you thought that your favourite spread betting firm itself was onto a winner (or a loser) and you wanted to back your judgement. If you thought that the underlying operator of your Capital […]
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 […]
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; […]