What does CL mean sorry mate?? And im not sure what the term 'margin' means, since i use a spead betting firm not broker, so its slightly different. Its 100:1 leverage though, and you need min stoploss 100ticks for oil futures (£170 cash required).
CL is the symbol on Nymex for Crude Oil. I take it you are spread betting with a bucket shop, so you would not know this.
Lol Yeah i use a spread betting site for trading instead of a broker. So for me crude oil is just curde oil. lol
ROFLMAO......your account is dropping faster than a pack of dogs on a 3 legged cat.. This should be interesting to see you blow your account out in real life continue please...
Dropping?? LOL You dont even understand what profit / loss means mate?? LOL Instead of trying to critise my trading profits why don't you instead post your own trading p/l on here ach day so we can all see exactly how well you do, and you can then focus on trying to learn how to trade yourself!! LOL
Spanish89, Instead of trading with a bucketshop with an insane spread , you have now enough money to trade the big CL contract with an average spread of about 2 cents only or the mini QM with a spread of about 3 cents. Do you know how much money you are leaving on the table ?!
Aloha, ive thought about using a broker instead, since it is alot paying 12ticks each trade.. But im not sure if id like the layout of their platforms as much as i like my current 1, tradindex, which i seriously just love the layout and speed that i can just enter and exit from trades. Il check out a few though. But im only doing £1 - £3 tick though, and happy to stay at that level till i get to about £10,000 atleast capital.