codeguru

Hi, I am still learning with a CFD demo account (but I have a life account too) and making first experiences. What I find more than little bit confusing: I have set the balance to 6000 Euro in my demo account because that's the amount I am going to use later with my real money. The factor for share trading is 5x so I wanted to order a stock which is 17 Euro, placed a trade with a stop of 20 points and limit 50 points. The stock is quite volatile, it makes around 15% within a week between 16 and 18 Euro. I placed a trade of 1500 pieces, margin was arond 5000 Euro, the value around 25.000 As far as I understand the system the margin does not exceed my cash, cash was around 1000 Euro left, total fees for that position would have been 25 Euro for opening, 10 Euro for overnight financing and 25 Euro for closing. The cash is enoguh to cover a loss of around 300 Euro and the fees for closing or keeping the position open overnight. So can please somebody explain why I do get exactly 234 pieces and not 1500? Directly afterwards I placed another trade of 1000 but got the same amount - 234 Why is that? In real world scenario this would be a lost profit due to a) technical reasons? b) I did something wrong? I saw a spike downwards with that stock from 17.2 to 16.5 and wanted to get some. But did not get all I want and the web site does not tell me the reasons. The share is not a penny stock, it is has capitalization of some billion Euro, is active in energy market and definitively a class 5 share not 7 like some south american oil stocks...