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Friday, 08 August 2008 |
Hi all, I would appreciate any help here, I know this kind of question is quite obvious but I looked in the FAQ and there was nothing really giving an answer. Doing searches didnt really help as the words Id be searching for are probably the most common words used on this site.
Anyway I set up a demo account with Tradefair Portal - Trade Binaries and Spread betting contracts on financial markets and started to do some spread betting, I understand the concept of it and am starting to understand different systems using various indicators. My point is I am understanding the whole chart side of it.
Having read threads on this forum and other forums Ive noticed comments about spreadbetting being alot different to trading. I.e. your betting against market makers etc.
Anyway I went and set up a demo account with fxcm, thinking this time i was going to be TRADING not spread betting, while I fully understand the concept of what im doing on these sites I cant seem to figure out what the difference is between spreadbetting and trading.
They both seem to be about buying/selling at a certain price, setting your stops and limits and hoping the price goes in your direction.
Can anyone recommend me software or a website where i can trade but am not spreadbetting.
Sorry if Im missing something really obvious here but any help will be appreciated.
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Friday, 08 August 2008 |
(cont. from earlier thread!*)
I am technically, a thick bugger, on paper that is. Failed most of my exams, got a BTEC in business at college then travelled and worked as cocktail bartender in Asia for a few years before my first trading related job.
15 years on. I'm ****ing brilliant! (even if I do say so myself!) and something Arb just mentioned on another thread got me thinking.
If I was looking to go to a prop shop, would I get a second look considering I can't add for toffee, plus all the time I would be thinking how they should be begging me to come to them. I keep reading about how difficult it is to get in to these places, yet I can prove my skills, I just don't have a degree....
Oh, and would it really be financially worthwhile? 2 random jobs I found...
Trader - FX Prop Trader job in Singapore - Financial Appointments
Experienced Proprietary Trader with good track record to join Prop Grp - Totaljobs.com
35k a year! USD! Not worth clicking on the link ffs!
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Monday, 04 August 2008 |
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Posted by Cutten in the Trading forum:
Financials are acting pretty resilient compared to the rest of the market here. I think there's a good opportunity to play this either with: i) calls in selected financials e.g. LEH, WM, or just the sector ETF (XLF) ii) a spread, short S&P long financials iii) more aggressively - short commodity stocks/ETFs, long financials. This gives upside without too much outright market risk.
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Thursday, 31 July 2008 |
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Thursday, 31 July 2008 |
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the site was closed, so i need a link for the moneymaker.zip file, if someone can help me, thanx
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