Secrets To Success In CFD Trading
There are a few important trade secrets to success to CFD trading. Some of these are obvious, but others not so obvious.
Nevertheless, see if you can relate to these and take from them some points you may not have considered before!
As we start out with anything new, it does take practice and an increase in skill. Here are some points to consider:
. 22 Jul 08 | CFD trading | Comments (0)
Slippage in CFD trading online
Yes, it happens in CFD trading, slippage.
But for some people only?
How do you avoid it - if this is even possible? Is it because the CFD broker is annoyed with you and just doing it too you?
. 25 Jan 07 | CFD trading | Comments (0)
A New CFD Broker In Australia: Tricom
It looks as if another CFD provider has just come into Australia.
And that is Tricom.
They do international CFDs and their website also lists their margins and ticket fees.
Have a look here.
When to place your CFD trades
OK,
It depends on whether you’re doing DMA CFD’s or not.
If you’re actually participating in the market open, and you want to get in on the opening market price, then many platforms will let you place them at anytime when the market is closed.
Some don’t however, and you’ll have to be there in the 20-30,minutes before the open to place your order in then to get the opening price via the opening auction.
So for CFD trading on DMA, it does depend on your platform an broker.
For limit orders, eg a buy limit at a price BELOW the current pmarket price, your provider may do so in ORDER of PLACEMENT.
First in, best dressed, so to speak.
So in this case, it pays to get in early. Eg if you put your order in when the market is closed at 5pm, compared to someoen who does it at 10pm, then you will get in first. The 10pm guy may also get into the CFD trade, but he may not if there’s not enought liquidity.
. 24 Nov 06 | CFD trading | Comments (0)
The Costs Of CFD Trading Brokers Don’t Want To Admit
CFD traders take note. CFD Brokers may not be happy to hear about this topic at all.
Slippage in CFD trading online is a topic your CFD provider may not want to talk to you about, or be too keen to go into detail (or even mention at all in many cases).
First Prudential CFD Broker Comes To Australia
There’s a new online CFD broker that’s appeared in Australia called First Prudential Markets or fpmarkets:
Their commissions are pretty competitive, and they offer DMA CFDs as well.
So check out their features.
With stock CFD trading, look at the CFD broker’s commissions, range of stocks tradable and any monthly fees.
This CFD broker use WebIress Trading Platform, so this is good as you can see market depth.
Again, more competition may be a good thing when it comes to CFD trading.
Ig Markets CFD Brokers Changes Their Transaction Costs
IG Markets for CFD trading has just changed its transaction costs for the benefit of CFD traders on August 1st 2006.
This is what it means to traders now.
Putting CFD orders on
Does anyone else do this? When placing a CFD order on your platform in the mornings, do you sit there waiting for the price to go up or down to get a better price? Sometimes for minutes, or even hours…?
Is this a good idea?
CFD providers in Australia
Find out what it means to you as a CFD trader, with the various CFD providers and CFD brokers becoming available in Australia.
They all have different features. But how do they affect how you trade your system, as well as the profitability and performance of your system?
A word about CFD providers
There’s a common misconception about CFD providers…
And that is the relationship between whether the provider quotes the underlying share prices or not, and your actual costs in CFD trading.
So the commission may be low, but is there a cost because of the spread, that you may not have been aware of before?
Here’s what I mean.