Anyone here trading CFDs? - Options on Futures | futures io social day trading
futures io futures trading


Anyone here trading CFDs?
Updated: Views / Replies:2,938 / 14
Created: by Lord Sidious Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Anyone here trading CFDs?

  #1 (permalink)
Trading for Fun
Portugal
 
Futures Experience: Beginner
Platform: IGMarkets
Broker/Data: IGMarkets
Favorite Futures: Dow Jones Index, Light Crude
 
Lord Sidious's Avatar
 
Posts: 91 since Apr 2012
Thanks: 8 given, 15 received

Anyone here trading CFDs?

So, guys, anyone here trading CFDs?

I do. Have you guys been sucessful?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 345 since Sep 2010
Thanks: 378 given, 558 received



Lord Sidious View Post
So, guys, anyone here trading CFDs?

I do. Have you guys been sucessful?

At times, I trade gold and oil on a MT4 platform. Other than a larger spread, (4 cents on oil, 60 on gold) and thus slightly different prices, the only real advantage is the ability to take fractional positions. I heavily use volume, and it is a completely different beast in the world of CFDs. 99% of the time, I am using my NT7 futures charts to determine entries and reasoning. But ultimately, what you see in the underlying futures instrument, will reflect on the CFD chart (as far as MAs, support/resistance, etc. are concerned). Personally, I sometimes find it helpful and refreshing to see a different chart in a different platform, with different views and different indicators on it (if any), to give me a "aha" moment.

Reply With Quote
 
  #4 (permalink)
Trading for Fun
Portugal
 
Futures Experience: Beginner
Platform: IGMarkets
Broker/Data: IGMarkets
Favorite Futures: Dow Jones Index, Light Crude
 
Lord Sidious's Avatar
 
Posts: 91 since Apr 2012
Thanks: 8 given, 15 received


Beljevina View Post
At times, I trade gold and oil on a MT4 platform. Other than a larger spread, (4 cents on oil, 60 on gold) and thus slightly different prices, the only real advantage is the ability to take fractional positions. I heavily use volume, and it is a completely different beast in the world of CFDs. 99% of the time, I am using my NT7 futures charts to determine entries and reasoning. But ultimately, what you see in the underlying futures instrument, will reflect on the CFD chart (as far as MAs, support/resistance, etc. are concerned). Personally, I sometimes find it helpful and refreshing to see a different chart in a different platform, with different views and different indicators on it (if any), to give me a "aha" moment.

Well, unfortunately, my broker doesnīt provide volume trading futures, only stocks...! The spread of oil of mine is 6 cents and for Gold 50.

Reply With Quote
 
  #5 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 345 since Sep 2010
Thanks: 378 given, 558 received


Lord Sidious View Post
Well, unfortunately, my broker doesnīt provide volume trading futures, only stocks...! The spread of oil of mine is 6 cents and for Gold 50.

It's hard to believe brokers are allowed to get away with that. I believe it is a purposeful attempt to further decrease the odds against it's clients, and borders on criminal withholding of information. Interestingly, CMC Markets - a market maker in many CFDs - has (had?) a fancy (java) platform that provided no volume levels for ANY instrument - they simply deemed it unnecessary to let their clients see any volume, while making the platform look impressive in other ways. I let them quickly know what I thought about that; I left them speechless, but then again, that's what they pay their frontline sales folks for, which I'm sure is about as far as my feedback went.

Reply With Quote
 
  #6 (permalink)
Trading for Fun
Portugal
 
Futures Experience: Beginner
Platform: IGMarkets
Broker/Data: IGMarkets
Favorite Futures: Dow Jones Index, Light Crude
 
Lord Sidious's Avatar
 
Posts: 91 since Apr 2012
Thanks: 8 given, 15 received


Beljevina View Post
It's hard to believe brokers are allowed to get away with that. I believe it is a purposeful attempt to further decrease the odds against it's clients, and borders on criminal withholding of information. Interestingly, CMC Markets - a market maker in many CFDs - has (had?) a fancy (java) platform that provided no volume levels for ANY instrument - they simply deemed it unnecessary to let their clients see any volume, while making the platform look impressive in other ways. I let them quickly know what I thought about that; I left them speechless, but then again, that's what they pay their frontline sales folks for, which I'm sure is about as far as my feedback went.

Yes, itīs a shame. But believe me, I donīt know many brokers, here, but mine is the one that has the most competetive prices/spreads/comissions.

Reply With Quote
 
  #7 (permalink)
Elite Member
London
 
Futures Experience: None
Platform: .
Favorite Futures: .
 
Posts: 162 since Apr 2011
Thanks: 46 given, 107 received

I start out by trading stocks on CFDs with IG Index and I encourage everybody who are just starting out in this business to trade stocks on CFDs instead of trading forex, futures, options or even buy the real stock, you may get your dividend but you will need to have a lot of margin... On shares CFDs you trade with much less margin, so you can control your risk much better and you can buy more stocks. Just do not buy too many stocks or try day trade it; And trade on the montly, weekly and daily time frame.


Last edited by mrphr; May 2nd, 2012 at 06:58 PM.
Reply With Quote
 
  #8 (permalink)
Elite Member
Germany
 
Futures Experience: Intermediate
Platform: FlatTrader
Broker/Data: GFT and Interactive Brokers
Favorite Futures: ES, DAX
 
Posts: 531 since Aug 2010
Thanks: 2,120 given, 719 received


Lord Sidious View Post
So, guys, anyone here trading CFDs?

I do. Have you guys been sucessful?

I trade only CFDs and just the DAX. For me itīs more lucrative than trading the future. But I use IB data with NT for charting. I get a leverage of 200 and 1 point (2Ticks) spread. The CFDs rate is identical with the future rate which is rare. Just mention this because there is a lot of crap out there

Reply With Quote
 
  #9 (permalink)
Trading for Fun
Portugal
 
Futures Experience: Beginner
Platform: IGMarkets
Broker/Data: IGMarkets
Favorite Futures: Dow Jones Index, Light Crude
 
Lord Sidious's Avatar
 
Posts: 91 since Apr 2012
Thanks: 8 given, 15 received


Abde View Post
I trade only CFDs and just the DAX. For me itīs more lucrative than trading the future. But I use IB data with NT for charting. I get a leverage of 200 and 1 point (2Ticks) spread. The CFDs rate is identical with the future rate which is rare. Just mention this because there is a lot of crap out there

Guess if you trade few contracts, spreads arenīt that expensive.

I trade Wall Stree Index. My brokers has a 2 point spread. I usually trade 3 contracts, hence, €6 (Wall Stree 1€ per point) of spread. Itīs good because if have a move of 50 points, for example, I have a good profit and a small comission. TradeStation broker does $1.20 per contract (<300 contracts). Thatīs cheaper than my broker spread for Wall Street Index.

Reply With Quote
 
  #10 (permalink)
Trading Apprentice
Munich Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, FDAX
 
Posts: 7 since Oct 2009
Thanks: 145 given, 1 received



Abde View Post
I trade only CFDs and just the DAX. For me itīs more lucrative than trading the future. But I use IB data with NT for charting. I get a leverage of 200 and 1 point (2Ticks) spread. The CFDs rate is identical with the future rate which is rare. Just mention this because there is a lot of crap out there

you're trading CFDs (Dax) with IB?!

Reply With Quote

Reply



futures io > > > > Anyone here trading CFDs?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Opening Breakouts and Reversals w/Al Brooks

Elite only
 

Introducing daytradr by Jigsaw, new stand-alone platform

Oct 19
 

RandBots: AutoTrading Bots to diversify your trading

Oct 24
 

TopstepTrader: Profiting Without Risking Your Own Money

Oct 26

Building Open Source Indicators for NT8 w/Fat Tails @ Lizard Indicators

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading flipper26 Trading Reviews and Vendors 5 August 6th, 2012 01:19 AM
CFDs on sports,politics,weather,... relgot Options on Futures 1 January 11th, 2012 11:24 PM
CFDs with LMAX mainstream Reviews of Brokers and Data Feeds 20 November 16th, 2011 07:35 AM
CFDs - not worth trading? Twiddle The Elite Circle 22 August 25th, 2011 09:21 AM
Options and CFDs Trading Subforum Big Mike Options on Futures 0 October 28th, 2010 12:07 AM


All times are GMT -4. The time now is 03:43 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-10-17 in 0.13 seconds with 20 queries on phoenix via your IP 54.80.211.135