Cole
Member
Registered: 11th Nov 02
Location: eastbourne Drives:zafira sold now a qashqai
User status: Offline
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I'm losing 700 on rio on bunch of shares so I bought some more at the lower rate to try and offset loss if they do go up not sure whether that's a good move or not
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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quote: Originally posted by Cole
I'm losing 700 on rio on bunch of shares so I bought some more at the lower rate to try and offset loss if they do go up not sure whether that's a good move or not
Probably not great, so if you are long both the shares and the CFDs, if the price continues to drop you will lose on both.
If you had shorted the CFDs, you would have partially hedged your shares, because if the price drops, you would lose out on the shares but you would profit on the CFDs to make up for it.
That's far from a perfect hedge, but it's a start.
http://www.investopedia.com/terms/h/hedge.asp
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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Bit more info on hedging with CFDs here:
http://www.contracts-for-difference.com/course/hedging-with-cfds.html
It's not an amazing hedging strategy, but it's better than nothing.
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Cole
Member
Registered: 11th Nov 02
Location: eastbourne Drives:zafira sold now a qashqai
User status: Offline
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It's all good made my money back the shares dropped big time this morning so matched what I had already bought just sold the 1st set of shares for 200 profit and the matches shares for 600 profit so equalled it's self out Barclays made me 400 as well but then I am only playing With the demo money at the moment lol
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VrsTurbo
Premium Member
Registered: 8th Jun 10
User status: Offline
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i like barclays -
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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i HATE ANR!!!!
Openend and shot down to minus £70 lol
Ouch
Adult GiftsClick here to vist us
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M4tt_Envoy
Member
Registered: 26th Feb 06
Location: Swindon
User status: Offline
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BOC up 16.67% today!! started to claw back up now only £6 down from about £15 at start of day
May cut losses when they reopen
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Dear Alex,
Your Plus500 account has been upgraded to a 'Plus500 Gold Account':
You have been entitled to a 5% premium discount. This change is already reflected in your account.
New positions atomic amount will be larger.
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Balling
Premium Member
Registered: 7th Apr 04
Location: Denmark
User status: Offline
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What on earth does that last line mean?
 
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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I'm as confused as you are and English isn't even your first bloody language.
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BluKoo
Member
Registered: 8th Apr 02
Location: Stonehaven (Scotland)
User status: Offline
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The atomic amount of the new positions will have a larger than 5% discount 
I don't know what the "atomic amount" is though...
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A2H GO
Member
Registered: 14th Sep 04
Location: Stoke
User status: Offline
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
Haven't logged in for a week. On a £7k investment I'm up £9.5k. If only it was real money.
[Edited on 18-09-2012 by A2H GO]
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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Thats me buggered! My £160 is don to 72 
FUCK YOU ANR. Decided to bail, and did so at the right time, it kept going down 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Absolutely smashing Forex at the moment, sold EUR/USD and EUR/GBP, £10k security and currently £2900 up.
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Came out £4k up on the Euro sales, bought at 1.314, sold at 1.30.
Going to watch it back up as soon as Spain goes for their rescue deal, ordered some at 1.297 when for it opens on Sunday night, to close at 1.34 next week.
If that comes off I'm going to real money right there 
[Edited on 22-09-2012 by Ian]
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Back to £250, after withdrawing £150 last week.
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VrsTurbo
Premium Member
Registered: 8th Jun 10
User status: Offline
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Do you actually do any work!? i only go on now and again!
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Only done 4 transactions in the last 7 days
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Wish Spain would stop faffing and ask for their bailout already. Euro is still faffing around 1.28 and I've got grands worth of them.
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Haimsey
Premium Member
Registered: 8th May 05
Location: Nottingham Drives: Corsa B
User status: Offline
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Lost 14 quid on first solar, it closed and I'm sure I didn't put a close at loss amount ffs.
Marcy Marc 
White Sport Progress Thread
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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Did u hit your margin call?
I lost 50 quid on this. Due to ANR, so withdrew the other 50 and left it.
Cant really trade between 7-6 now due to new job so wasnt really worth it for me.
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Haimsey
Premium Member
Registered: 8th May 05
Location: Nottingham Drives: Corsa B
User status: Offline
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Dunno, There must have been a reason, just annoying. left me with a few quid which I'm building up again slowly.
Just want to chuck £100 quid in but don't dare lol
[Edited on 29-09-2012 by Haimsey]
Marcy Marc 
White Sport Progress Thread
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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I put in £100, withdrawn £300 and balance is £76.
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Haimsey
Premium Member
Registered: 8th May 05
Location: Nottingham Drives: Corsa B
User status: Offline
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Pretty good going that is Alex. Faced no issues withdrawing? Withdrew to paypal?
Marcy Marc 
White Sport Progress Thread
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Started with the demo £20k
Mostly just been buying and selling EUR/USD, sell when there are bad news reports and buy when there are good ones. Nothing spectacular.
Current equity is £44k.
Wondering whether to switch to real money yet. 
[Edited on 17-10-2012 by Ian]
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