BeginnerJoe
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Simon from Capital Spreads said that more people lose on Forex than they do on indices.
Can someone explain why more winners on indices, more predictable ?
Simon from Capital Spreads said that more people lose on Forex than they do on indices.
I have no experience of indices. Can someone explain why ig can't make money from indices but can from forex ? This seems to suggest more people are winning in indices . What am I missing ?
If the casino refuses to play a game, it's a sure sign that's a game worth getting into.
I have no experience of indices. Can someone explain why ig can't make money from indices but can from forex ? This seems to suggest more people are winning in indices . What am I missing ?
If the casino refuses to play a game, it's a sure sign that's a game worth getting into.
well ...it is not exactly a copy right material....I am not even sure where I copied it from...it came to my search result and I copied the text there...
nothing new...was just lazy to type it out myself
some people really need to get life....completely focusing on immaterial things....
Americans do, but they always have trouble speaking English.
Americans do, but they always have trouble speaking English.
Can someone explain why more winners on indices, more predictable ?
Americans do, but they always have trouble speaking English.
It is always difficult to tell what minimum bet size is sometimes as the various Spread Bet companies operate on different basis point per stake size. IG use the full point for the S&P whereas Capital Spreads uses the decimal point. So a £20 bet with IG is the same as a £2 bet with CS. Same with Nasdaq and Gold.
You can play Wall St for one euro with a spread of 2.2 points.
If IG receive 10X 1 euro bets they can turn this into one full contract for which the spread becomes 1.8 bet leaving them an additional 0.4 to the better.
Here is the link to their PDF of new minimum Deal Sizes if anyone is interested.
http://www.igindex.co.uk/content/dam/publicsites/igi/files/other/130100_IGI_UK_NEW_Deal_Sizes.pdf
They are definitely on a mission, as well as this, they have recently upped the minimum trades per month to 4, otherwise you have to pay £30 a month to use the charts. They have also changed the minimum top up account amount to £25 (or somewhere around there.)
Some people reading this may think this will only affect the wish full thinkers with accounts in the £100's.
But look at this. - The last trade I had with IG the other day was a stop of 64 pips, which at 1% risk would now mean I require an account size of £6,400 instead of £3,200.
If I were to take the same set up in Brent C. (now at £2 a pip) I would need an account size of £71,400 instead of £35,700. And this is just to keep a stop each side of a 1 day trading range.
@Jason101 - well, for those of us who don't like their minimum bet size changes, at least it's not quite the end of the world, insofar as there are a few other respectable s/b firms with no plans on changing their comparatively smaller minimum bet sizes, who should be delighted with the new custom heading their way.![]()
Here is the link to their PDF of new minimum Deal Sizes if anyone is interested.
http://www.igindex.co.uk/content/dam/publicsites/igi/files/other/130100_IGI_UK_NEW_Deal_Sizes.pdf
They are definitely on a mission, as well as this, they have recently upped the minimum trades per month to 4, otherwise you have to pay £30 a month to use the charts. They have also changed the minimum top up account amount to £25 (or somewhere around there.)
Some people reading this may think this will only affect the wish full thinkers with accounts in the £100's.
But look at this. - The last trade I had with IG the other day was a stop of 64 pips, which at 1% risk would now mean I require an account size of £6,400 instead of £3,200.
If I were to take the same set up in Brent C. (now at £2 a pip) I would need an account size of £71,400 instead of £35,700. And this is just to keep a stop each side of a 1 day trading range.
IOW, IG does not want the very small fry. Finspreads uses a full point size and a minimum bet of 50p.
With inflation the way it is, I wonder how long that size will last.