CFD's - good or bad ?

Discussion in 'Trading' started by syswizard, Feb 6, 2018.

  1. Oh,man..what CFD`s have to do with the stupid kid?
  2. One of the ET sponsor - IC Markets - amazing broker, supports many CFD`s currencies,metals, etc...But it`s not for the US folks, afaik.
  3. Uh, Dude....he decided to leverage himself and trade CFD's instead of stocks outright.
    He knew what he was getting into.
  4. He would`ve lost it all with the furures or stocks even faster.
  5. btw, to trade 1 DAX cfd with IC Markets you need 85 bucks.Damn kid is just plain asshole.
  6. cole_


    yeah they're ok but iirc all cfd brokers are bucket shops

    nadex spreads are very similar but it's only up to weekly expiration

    $1/tick and fully unleveraged so no margin calls
  7. all the fuss about cfds i think i know what.if it was allowed in the US no one would trade futures anymore.with the 10K account you can trade from 1 to 100 sp-500 cfd back and forth forever.1 spoo cfd is just a couple of did he managed to blow up 10K!!!he couldve caught the bottom even if he added 1 contract per 10 minutes.he`s probably loaded full margin within 2 seconds.
    Money Trust and Pekelo like this.
  8. Of course...he didn't know what he was doing....that's now obvious.
    You can't mess around with these levels of volatility.
    fordewind likes this.
  9. indeed.with 2 bucks per contract even martingale would work!
    #10     Feb 6, 2018