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Some people argue it's going down big time over the next decade because of the pollution (not talking about air quality). The western countries have been quiet clever in outsourcing all their shit to China because a) they get cheaper wages but far more importantly b) they export all the...

What Musk is doing will certainly have a major role to play in the future. But 4 ominous points relate to him - 1) He's been on 101 magazine covers, most of them praising his genius etc. When that happens a fall from grace is normally odds on 2) Pioneers often end up with arrows in their backs...

Many brokers will offer you 500:1 leverage and they'd a) love you to open an account, and b) will soon own all the cash in your account. Try 20:1 to start with and also trade 1-2 micro lots (0.1-0.2 big lot).

Yep, same with me, this is a monstrous tip everyone. YOUR CHARTS AND LEVELS DON'T MEAN SHIT yes, sometimes they'll work perfectly, other times they won't. So what's happening right NOW. Work that out and get your piece, in, out, profit (or take your small loss). The hardest part then remains...

I know more than a few pretty profitable traders that use SIM a lot. It's excellent for practice, reminds you what your edge is, how to spot it, how to trade it etc. One uses Sim every morning at 4 times the speed (trades DAX) to get him in sync with trading before he goes on to real trading...

And don't use Level 2 either, it will hinder as much as it helps which makes it worthless. Your profits will be generated via your proper analysis not because of what Level 2 shows. Do people use Level 2 to make money (or save them money). Sure, but they've probably got 10-15 years of...

And sell one of your houses as well. London property is starting to encounter the exponential which means further rises aren't that possible for much longer. If you think they are, extrapolate the last 25 years of average price growth for the next 25 years and see what the shittiest London...

Work out how to use the tightest stop possible then and only then you've got a chance. Most can't make money over time in this game because their profits never outweigh their losses and you're going to have lots of losses, even the best have lots of losses. As Ace Greenberg used to say 'show...

Can't people self insure, pay $100-$500 a month into a bank account and then say buy index ETFs or bonds. Be your own insurance company. My Uncle did this in the UK, when he died he had a fortune, he was so tight though he probably wouldn't have spent it on medical costs anyway.

1% will be annualised other wise they'd be in jail for running a shylock business. 1%/365 = 0.0027% daily

Yep, that's my point about running a clean casino, like Meyer Lansky said, there's a tonne of cash to be made just picking up on the inbuilt probabilities, the spread in the case of the spread betters.

It would make sense not to hedge client positions as End says, I didn't know it was allowed re regulation (in the UK). So they'll have an A and B book, A for numbskulls (the vast majority) and B for those that know what they're doing with a history of making money. In fact, why not duplicate...

A DFB has a financing charge levied at the end of every day. If trading a traditional month, say July, there is a wider bid-offer but no financing charges. DFB for short term trading, in/out, or for a few days. Use the Month bets for longer term bets (1 week+). The overall costs to spread bets...

But then an exchange needs business to make money. I the majority of human traders leave because the casino won't allow any winning bets it will then full of algos which probably means an end to the exchange. Speed anyway is not an issue for many day-traders. Speed always assumes you'll be too...

You don't want to do the DFB bets for anything longer than 1-2 weeks, the costs will be a killer. Far better to use the traditional months, May or July for example (if they offer those on grains). You need to sit down for an hour or so with a spreadsheet, use a sample of a profitable trade and...

Give me small bid-offer spreads + HFT over 1/8th or 1/4 bid-offers any day. HFTs are just fast market makers. Market makers have always been a problem for traders/investors but they're part of the business. Granted, I don't move a lot of stock but if it's such a problem for bigger traders...

If IG are a bucket shop they're probably the Rolls Royce of bucket shops, big market cap, decades of existence. Believe me, they have better things to do than legally steal from their clients via tripping stops etc. Plus there's a lot of regulation in the UK and it's pretty good. Are there some...

You're not missing anything but take plenty of time to really calculate the costs of spread bets versus the tax saved, it's not 28% (assuming profits). As others have noted the bid-offer spread is hard to overcome if short term trading but if you're looking to hold for several days (with a...

The problem with quantum computer algos is who will lose if they're so good? Would casinos exist if there was no way in ever making a winning bet? One man's profit is another man's loss in this game so everyone, however good they may be, cannot win. Personally I think the algos are no...

Gramp, you're mad (assuming you're real and not some marketing troll). You want to make a very large deposit to a bucket shop operating out of some small Caribbean island whereas you could make the same very large deposit to a big UK or US broker that's regulated by a a proper regulator...