If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Thinking of investing in a CFD's (contract for difference)

Jayminator · 2009-11-04 15:09:57

Hi Folks, I am just about to start a day trading course over the next few weeks with the intention of focusing on CFD's trading. Has anyone any experience of this and any success or failure stories. I undestand the risks associated with it but am open for discussion. Cheers Jay

04-11-2009 3:09pm

#1

Jayminator

Closed Accounts Posts: 1,071 ✭✭✭

Join Date: January 2007

Posts: 1037

Hi Folks,
I am just about to start a day trading course over the next few weeks with the intention of focusing on CFD's trading. Has anyone any experience of this and any success or failure stories. I undestand the risks associated with it but am open for discussion.

Cheers

Jay

0

Comments

#2 04-11-2009 4:06pm

smcgiff

Closed Accounts Posts: 5,943 ✭✭✭

Join Date: January 2007

Posts: 5788

Not for the faint hearted. IF I were to get involved in CFD's I would definitely have a Stop Loss Position.

To my mind there is some argument that owning shares is not gambling, but CFD's to my mind is worse than gambling. At least in gambling you can only lose your stake. Whereas with CFD's you could lose a whole lot more. I'm not telling you anything you don't know already, but CFD's would not be for me.

0