The sensationalist headline “You Can Never Have Too Many Spread Betting Accounts!” is not exactly true, of course, because too many accounts can become unmanageable and time-consuming. But I believe that you do need more than one account, and ideally more than one account provider (because some brands are run by the same provider). Here’s […]
Archive | ig index
Spread Betting with IG
Regular readers will know that I have spread betting accounts with most providers. This is not only for journalistic reasons (so I can write about them) but also because their slightly different offerings means that they can be useful in different scenarios. I don’t have to choose just one spread betting provider, and I prefer […]
In and Out of Love with SpreadEx
I have to admit that I had fallen out of love with SpreadEx compared with some of the other spread betting brands like Capital Spreads, IG, InterTrader, and ETX Capital. Now I’m growing to like SpreadEx again, because they offer two of the things I most like: guaranteed stop orders, and easy visibility of stop orders in the Financial […]
Trade of The Week: Two Golden Opportunities Taken
I was lucky enough to have taken a stake in gold miner Centamin Egypt at just under 65p-per-share when its share price was in the doldrums in late July, since when my SIPP holding — not a spread bet in this case — has risen by more than 40%. Here’s how the Centamin chart (courtesy […]
Bonus "Trade of The Week" on Petropavlovsk
Since nobody likes to see a losing trade (whatever you argue to the contrary) I have supplemented this week’s original “trade of the week” with this one featuring gold miner Petropavlovsk. Here’s what the result of the opened-and-closed trade looked like with IG Index… and I must remember to start calling them simply “IG”: It […]
Trading "Other People’s Money"
A short note today, to say that I took my “Alternative Equity Curve” account positive… simply to show that I could: The significance of this is that I have now taken all of my deposited cash (plus £25 for my trouble) from the account while leaving about £300 worth of equity (i.e. accumulated positions + […]
Hot Off The Press: The New Look IG
Anyone who logs onto their IG Index spread betting account from today (Saturday 15 September) will notice a crisp new look, which I rather like. And if you don’t have an IG Index (now simply called “IG”) account, why not create one now? All of the functionality that I like so much appears still to […]
Energising my spread bet portfolio(s) with Essar Energy
I was prompted to write this blog posting by an article on The Motley Fool titled 3 Oil & Gas Shares Rising Fast. I recognised one of the stocks — Essar Energy — as one that I took a punt on recently. Here’s what the trade looks like in a Capital Spreads account: What you […]
Trade of The Week: Cape Closed
I’ve featured Cape as my “Trade of The Week” before, and now I feature it again because I’ve closed the trade with the result as shown in this IG Index P & L Breakdown Report: This report, which is one of the things I like about IG Index, shows how the position trade ran for about six […]
Deals, Dividends and Deductions
In this update I’d like to remind you of how your spread betting ledger cash balance — which is not the same thing as you overall portfolio valuation, or your available trading funds — is affected by three kinds of transactions: deals, dividends, and deductions. Deals In one of my spread betting accounts I closed […]