The disadvantage of CFDs is tat you cannot

queue to bid/ask.

in recent times i wouldnt trade cfds and other instruments. on august i think the market conditions will be better, more volatility

Blog: Online-Broker-Vergleich

Keep up the good work and happy trading.

CFDs is a money making tools during this volatile market movement.

CFDs are enjoying growing popularity amony retail and instituitional investors nowaday.

It started as hedging option but nowaday it is common for every retail investor.

If you are young , pls go ahead and get some burning sensation.

After completing a medium rare , pls come back to reality.

Otherwise, when you are old and still doing this kind of cooking, you will die a poor old man.

Leverage never wins, otherwise stock broking house would not be doing this business.The house always wins.

If you can win using leverage , you should be able to win without leverage. Real kungfu no need weapon. Its the wisdom gain over the years to prevent doing stupid things like CFD.

Real kungfu needs patience and real ammunition to kill its opponents during its weakest moment.

Pls go to my seven sins for some advice.

Hahaha, no wonder broker house never go broke just like well managed casino.

purelotus      ( Date: 04-Jun-2010 00:10) Posted: Thank for all the advise and information. I have only 6 months of trading/investment experience. The important thing is, I discovered my character, style & what I want to get from stock market. So far, i found that, holding a stock for long term is not suitable for me. The reason is because i do not have large fund . Beside this, i found that a lot of US blue chip like citigroup beat down all the way to penny stock. So i think to have a strategy like entry point & exit point is more logical for me. The main reason I am looking at CFD is because during last month selldown. I only can sell off my holding and wait sideline for the time to go long again. I believe as trader you must be able to short and long depend on the trend & timing, if I not wrong, i believe iPunter mentioned about this before. During the past 6 months, i learnt a lot from forumer here. But I found that forumer here seldom discuss about money management. To trade CFD, money management must be strong as mention by  Susan66. I also learnt something from alexchia01, his post did advise to allocated % of capital in different stage. At the same time, I still struggling with TA which I learnt from book and Bintang. I still learning, hopefully one day, I know which work best for me.

Yes, yes...you are right...

I forgot to mention that CFD is only for very experienced traders, not newbies...

Thank you, WLBO_BB for highlighting this :)

I want to repeat the warning:- 

all newbies can easily become "pok!" with CFD!

Do not play CFD if you are a newbie...

Yes, I agree with Alex, you are going to do well. But sometimes depends on your character, whether you are really doing what you think, must be decisive in every trade, not many can do it. Theory is easier than practical, must try not to be affected by emotions. Don't be afraid of losing some money, decide on the outcome before you even started out on a trade. So you won't get panic when it goes against you.

The first step is to brush up your TA first before starting on any trade. As my teacher always say, money is our "life", lose capital means losing your life. So must learn to cut loss if the reverse happens, you will only get hurt but it can be cured, rather than lose everything. To me, first priority is always to protect your capital well. Timing is very crucial to every trade, learn to catch the right timing more important than choosing the right stock. Best of luck!

alexchia01      ( Date: 04-Jun-2010 00:14) Posted: Based on your post, I know you are going to do very well in the stock market. Good luck my friend. purelotus      ( Date: 04-Jun-2010 00:10) Posted: Thank for all the advise and information. I have only 6 months of trading/investment experience. The important thing is, I discovered my character, style & what I want to get from stock market. So far, i found that, holding a stock for long term is not suitable for me. The reason is because i do not have large fund . Beside this, i found that a lot of US blue chip like citigroup beat down all the way to penny stock. So i think to have a strategy like entry point & exit point is more logical for me. The main reason I am looking at CFD is because during last month selldown. I only can sell off my holding and wait sideline for the time to go long again. I believe as trader you must be able to short and long depend on the trend & timing, if I not wrong, i believe iPunter mentioned about this before. During the past 6 months, i learnt a lot from forumer here. But I found that forumer here seldom discuss about money management. To trade CFD, money management must be strong as mention by  Susan66. I also learnt something from alexchia01, his post did advise to allocated % of capital in different stage. At the same time, I still struggling with TA which I learnt from book and Bintang. I still learning, hopefully one day, I know which work best for me.

Based on your post, I know you are going to do very well in the stock market.

Good luck my friend.

purelotus      ( Date: 04-Jun-2010 00:10) Posted: Thank for all the advise and information. I have only 6 months of trading/investment experience. The important thing is, I discovered my character, style & what I want to get from stock market. So far, i found that, holding a stock for long term is not suitable for me. The reason is because i do not have large fund . Beside this, i found that a lot of US blue chip like citigroup beat down all the way to penny stock. So i think to have a strategy like entry point & exit point is more logical for me. The main reason I am looking at CFD is because during last month selldown. I only can sell off my holding and wait sideline for the time to go long again. I believe as trader you must be able to short and long depend on the trend & timing, if I not wrong, i believe iPunter mentioned about this before. During the past 6 months, i learnt a lot from forumer here. But I found that forumer here seldom discuss about money management. To trade CFD, money management must be strong as mention by  Susan66. I also learnt something from alexchia01, his post did advise to allocated % of capital in different stage. At the same time, I still struggling with TA which I learnt from book and Bintang. I still learning, hopefully one day, I know which work best for me.