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 […]
Archive | spreadex
Happy Birthday to Me!
It was my birthday the other day, and I was pleased to receive an email from Capital Spreads inviting me to claim a £50 top-up to me account. How kind of them! On the same day, SpreadEx offered to cover my trading losses of up to £50 over a 48-hour period. How kind of them, […]
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 […]
Can’t Move Guaranteed Stop Orders When Markets Are Closed
By Tony on August 14, 2012 in capital spreads, ig index, intertrader, spread co, spreadco, spreadex, stop orders
I’ve been out walking and enjoying the sunshine today rather than trading or writing, and when I got home I was keen to review and adjust my stop orders so as to lock in more of the profits on of today’s rising positions. Except that I couldn’t, because for the most part my stop orders […]
Dicing with Death on a Standard Chartered Day Trade
I don’t usually day trade, but this morning I was simply too tempted to try and get a quick profit out of Standard Chartered, the bank that was accused of money laundering for Iran. I heard on the morning news that the shares had fallen overnight in Hong Kong, so I knew they would fall […]
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 […]
Trade of The Week: Lucky Escape from Lamprell
By Tony on July 26, 2012 in capital spreads, etx capital, ig index, intertrader, position trading, spread co, spreadco, spreadex, stop orders, trade of the week
In yesterday’s sensationalist article I told you how I had closed several positions in an IG Index account in order to bank some profits. It was mighty unusual for me to close any position trades manually, instead preferring to let my trailed stop orders take me out when the tide turns. In one case it […]
Oh, I do like to see my stops!
As someone who wrote an entire book on the subject of stop orders, it may come as no surprise that I do like to see those stops right alongside my open positions. Like this: This example (but real) SpreadEx Financial Open Positions list shows not only the accrued profit or loss on each open position, but […]
A Short Example of Shorting Shares with Spread Bets
If you come from a traditional “investment” background, you will find one of the novel features of financial spread betting to be the fact that you can go short by selling shares (or indices, or commodities, or currencies) that you don’t own just as easily as you can go long by buying them. If you […]
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 […]