my dream is to have 50 k so I can give up day trading and do SWING

Discussion in 'Index Futures' started by 16042999000, Sep 25, 2009.

  1. when you got small money

    the only thing you can do is day trade

    with 50 k you can relax and be a southern Gentleman with a cigar and a maid.

    its good to know how to swing and day trade because they are completely different
  2. as much as i do not like cfd's with 5k one
    could easy swingtrade at for example
    saxotrader and have your funds secured by
    danish goverment. for small trades i would never
    consider them but for bigger moves, lets say for ES more then
    5 to 7 point i do not see a problem to use cfd's
  3. oh im sorry, i guess your a us citizen
    different story then:(
  4. Maid gets paid about 50 G per year? cigars 10.00 ea I think you need more than 50. big ones
  5. I doubt anyone knows what CFDs are

    I can find the definition but real understanding what they are, no one knows

  6. what ????

    maid gets paid salary of an engineer

    holy moly, why do people become accountants and engineers or nurses

    I want to be a maid
  7. sakhter


    CFDs = you aren't buying/selling the stock. You just have a "certificate of difference."

    Pure speculation.
  8. if you can explain in simple english

    Where does the profit come from

    I'll buy you a drink

    when I win with CFDs, where does money come from

    thin air, like the FED ?
  9. sakhter


    Someone is obviously taking the other side to your trade.. someone who ACTUALLY owns the stock and knows where the price is really heading.

    you are only "playing" the difference, you ARE NOT purchasing the underlying asset.

    It's not zero-sum, you do not know what my exposures are, or if it's profitable for me to take the other side of your trade.

    I may have gotten into prices of stock so cheap, that it does not matter if you buy or sell the CFD. I will churn you for the commission.

    You're trade also does not close when I close my trade. You're trade is still open, you're trade will be matched with someone else. Simple as that.
  10. no wonder failure rate is so high when you actually think you understand

    you don't

    listen here

    when I buy CFD lot WHO SELLS IT TO ME

    does my broker find a person willing to sell it to me

    or does my broker take the other side hoping I would lose

    #10     Sep 25, 2009