Metro Bank Share Discussion Threads

[idoflykathy] 10/4/2020 11:16

I think he was, but was struck off

[smartie6] 10/4/2020 11:14

Serious ramifications. Is Pione3r a registered FA?

[idoflykathy] 10/4/2020 11:06

Smartie - one of the guys on NMC board said that ASUSASUS believed that Pion was a financial advisor and was giving advice to invest in NMC!

[sentimentrules] 10/4/2020 11:02

How does cfd make a difference? it doesnt

[sentimentrules] 10/4/2020 10:52

Turvart

Share deal account, Spread, CFD , Investor , Trader -

all speculation. All bets

[sentimentrules] 10/4/2020 10:51

You make £100,000 in a deal. A 6 month hold

Risk same. Assume it is positioned to equate to holdings value movement. CFD or spread

When you take costs and tax into consideration (depending on your tax rate from "official work lol", you will be at least 14% better off spread.

Ok so you can offset losses in some cases via CFD to tax. But if you are a net gainer overall, thats no advantage

[turvart] 10/4/2020 10:50

Spread betting is for mugs, it's shooting fish in a barrel for the institutions.

With CFD your trade makes a difference like shares, but spread betting is just a bet unless they hedge it in the market.

[idoflykathy] 10/4/2020 10:50

hxxps://bylinetimes.com/2020/04/09/leaked-home-office-call-reveals-uk-government-wants-economy-to-continue-running-as-we-will-all-get-covid-19-anyway/

[turvart] 10/4/2020 10:48

CFD trading is not that expensive with interest it is base rate + 2% divided by 365 it works out not much for Long positions, If your short you get paid the interest at above rate also.

If your long on FX it works not on interest but what is called "Tomnext" of which stands for Tomorrow next day and depend which way your going you either gain pips or lose pips.

[sentimentrules] 10/4/2020 10:47

ANd its not like you can get margin-ed out. Obviously the holding values are in spread account. Or should be anyway. Same thing. But tax free

Short trades i keep in a different platform/company. Never more than the balance of 100% outage haha

[smartie6] 10/4/2020 10:47

Cambridgeshire Police patrolling Supermarket aisles to ensure people aren’t buying non essentials. FFS are you joking me.

[sentimentrules] 10/4/2020 10:46

It actually does my head in. Reading about spreads being more risk. How? If 5% stock movement equals the same profit/loss as a typical holding value?

Pretty simple

[sentimentrules] 10/4/2020 10:43

Just dont see why people dont just get the calc out, and work out value per point to equate to exact same movement as a holding value. To equate to same risk as a share price percentage move.

whether day trading or medium term. I get other methods for longer holds alright

but wont bother with those until full blown market depression

[sentimentrules] 10/4/2020 10:41

And CFD funding by my calcs, dearer to finance over a period

[sentimentrules] 10/4/2020 10:40

Its the tax though. Its a crucifier compared to spread

[turvart] 10/4/2020 10:39

I can only access ETF's in my trading account but don't bother with them, I only trade shares in my trading account.

If your really serious about trading I would say do it from a CFD platform.

I take trading serious with Funds and their is ZERO spread on funds with SLA accounts.

[sentimentrules] 10/4/2020 10:31

lol

Good point on NMC and co as a major issue for pensions.

Do you do ETFs too?

[sentimentrules] 10/4/2020 10:23

Had some good day trades smartie. Only the aggressive ones. Conservative didn't do well . Pivot orders and 25% stop to next adj

[sentimentrules] 10/4/2020 10:21

Average daily range is monstrous

Stops within it are just punts

Would like to see dow daily range reduce to 10 points

Then collapse 10000 in an hour

😂😂😉😉

[smartie6] 10/4/2020 10:18

I wonder how much fraud is going off at this moment in time and to what monetary value.

[sentimentrules] 10/4/2020 10:18

Agree. Just have to survive the feds first

I don't like this volatility

Have to put stops a mile away. Actually make less than normal market

[smartie6] 10/4/2020 10:16

Good things come to those who wait turvart.
We’re waiting for the deepest economic recession since the world was created.

[sentimentrules] 10/4/2020 10:15

smartie610 Apr '20 - 10:15 - 48468 of 48469
0 0 0
Best thing Trump can do is send everyone back to work and then let’s see number of cases rise significantly and wreck the country.

...

😂😂😂

[sentimentrules] 10/4/2020 10:15

Many seem to trade very heavy

I haven't changed my fixed risk in 8 years. And I don't care how much I make. I still won't