H
Have you tried for existing threads?
a friend of mine, who recommended I get involved in them, said the gains to be made are enormous if you make the right call.
Steer clear or pile in?
I'd steer clear for a bit though, with the recent falls in the market there's been a lot of burnt fingers with CFDs. Really burnt.
Of course, if the markets were about to soar skyward it would be a good time to buy in.
If any of us knew for certain that was about to happen...............
The 3:45 at Haydock is also a great way to play the markets. If you make the right call.
Bet these blokes wish they never heard of cfd's.... see article on y;days [broken link removed] where a group of irish investors lost an estimated €50mil as a resukt
I don't know anything about these guys but the general standard of reporting on cfds is farcical and is almost exclusively based on the idea that anyone who uses cfds uses them to go long. Given that it is as easy to go long as short with cfds, it is reasonable to assume that some investors out there would have been bearish about the ISEQ over the past few months, particularly given the phenomenal run it had between June 06 and June 07 - these folks don't get a mention though even though there are likely to be some out there who have been coining it of late with trades to the short side. Good old biased, negative, fear inducing financial journalism - contributes to the volatility in the market imo and that's great news for the investor/ trader who can think for himself - long may it last.
the leverage in the contracts makes them unsuitable for alot of people in my opinion and judging by recent events these are the type of people that this product has been sold to.
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