Anyone clued up about CFD trading?

[FnG]magnolia · 30 Aug 2013 at 08:44

Johnnytoxic said:
This Syria thing is unsettling now. I know it would affect FTSE and Wall Street but how much does it affect individual companies.

This is amazing for every reason you're unaware of

Addicted · 7 Sep 2013 at 11:56

This thread is 100% lolworthy

joeyjojo · 7 Sep 2013 at 12:02

http://www.finviz.com/quote.ashx?t=ttwo

So it's at 18.18 which means you're down, what, 5.3% or so?

:/

dowie · 7 Sep 2013 at 12:10

joeyjojo said:
http://www.finviz.com/quote.ashx?t=ttwo

So it's at 18.18 which means you're down, what, 5.3% or so?

:/

he's down over 50% - its a leveraged position

Destination · 7 Sep 2013 at 12:13

Indeed, he is down 5%, which costs him 50% of his gamble, plus the fees of around 10% of his gamble, as its £1.50 a day.

So his £300 investment is currently looking at around £120 return. All in a share movement from 19 odds to 18 odds. Precarious, but the gains if things had and might shift the other way are potentially large.

An interesting punt if you can throw the money away.

Russinating · 7 Sep 2013 at 12:21

Just lol at this thread.

mattyfez · 7 Sep 2013 at 12:57

dowie said:
I'm aware of what it is - its the assertion he made that I took issue with.

Statistical analysis surely? but that's only one set of tools, you also should really look at what the company and its competitors are doing in terms of structure, strategy, future projects etc.

There's a lot of research and analysis involved, if you want to make money, that is.

dowie · 7 Sep 2013 at 13:00

mattyfez said:
Statistical analysis surely?

drawing trend lines subjectively on a chart is more in the realms of TA

then again TA is rather broad and pre-dates modern statistics - you could say that statistical analysis of time series data forms a subset of TA.... most 'TA' you'll read about in popular literature is more of a mickey mouse - stats made easy approach... or just subjective nonsense with cherry picked examples

mattyfez · 7 Sep 2013 at 13:20

dowie said:
drawing trend lines subjectively on a chart is more in the realms of TA

then again TA is rather broad and pre-dates modern statistics - you could say that statistical analysis of time series data forms a subset of TA.... most 'TA' you'll read about in popular literature is more of a mickey mouse - stats made easy approach... or just subjective nonsense with cherry picked examples

Agreed, I'm no expert, especially on the technical terms -there seems to be a number of trending tools on that chart, some differing type of trend line, some candle stick analysis etc.

Strangely a 9 month time period represented, I'm guessing a pro wold be looking at a bunch of different charts, min by min, hour by hour, day by day , month by month, year by year and more long term depending on the investment style, and what market you're investing in.

Eliot · 7 Sep 2013 at 15:30

If anything, GTA is at more risk of not selling as well as people factor in to the price than selling above that.

The Xbox One and PS4 are out only a month after

joeyjojo · 16 Sep 2013 at 15:33

OP bought at the highest price since late 2008.

Down to 17.63 now. Oh dear.

http://www.finviz.com/quote.ashx?t=ttwo

Destination · 16 Sep 2013 at 17:33

I think that takes his £300 stake down to £0 maybe a loss, and then the subsequent fees to follow.
Going to need quite a recovery to help the OP out.

Spit · 16 Sep 2013 at 18:24

Ouch. Margin call incoming!

Spit · 17 Sep 2013 at 17:26

$16.84 now, did you close the position?

Destination · 17 Sep 2013 at 18:47

I think his close was 14 something.
Never know first week profit report might cheer things up.