[Is spread betting for fools?]

@TrendFollower

Totally sound advice, and nothing I don't already know; but always fail to follow.

However, I'm here now with a new challenge; to undo my already formed, bad habits.

However, I learned watching videos about Buying and Selling Shares, not Spread Betting.

I want to buy Low cost stock.  Wait for a Break and sell.  I want to buy 1000 shares, and see the price rise by 10p then sell.

I can't do this with SB.  

[Is spread betting for fools?]

@Caseynotes thank you so much for this info.  Where were you 4 weeks ago? pahahah.

Ironically, what you have suggested, is what i am now doing.  I told myself if i got down to £1000, then it was time for a rethink.  The rethink it to bet low and long after a decent chart study.

I did actually make £80 yesterday going short on that Bear, but bet wrong on the pullback thinking it was a reversal, and lost half going down.

I bought at the bottom for the smallest i could go and took an overnight position on it, hoping to see a gain in the morning.  Alas, it was as is seen; a consolidation.  The news suggested Low Dollar so i guessed it was going to go Up all day so put in for a long position.  I bought in the the 3rd up right at the top thinking it was going to break out.  It then took 6 hours to go down, up once to my Buy In then back down to support where it stopped me out with a £20 loss.  It's still sitting around 1290.

The only good thing i can take from it all is I know what I'm doing wrong.  I've been playing with a small account and risking only 3 moves at a loss of £50!!!  I've been a total fool.

My plan was never to Spread Bet but to Scalp/Buy and Sell shares based upon News that are below £10.  I only realised there is a Shares/DMA/L2 option yesterday, so I've got my next stage of learning to start asap with the £975 I have left.

Thanks again.  I need to make more use of the Forums.  

Any advice obviously appreciated.

[Is spread betting for fools?]

Yes Casey.  My learning has moved from charts to myself and what I am doing wrong correclty 100% of the time.  As I figure it out, I look forward to the 100% right state of mind.

I am correct in my mistakes 100%.  I like the odds.

[We Platform very Laggy or Unresponsive. Chrome.]

Thanks Casey, it was either Chrome and it's Cache Level or Firefox.  Broken image placements in Firefox too so switched to Chrome.  It's still not great after a system restart but it is better.  I failed to mention I have a 43" 4k Tv too as a monitor which may be creating a problem with refresh etc.

Thanks

[Is spread betting for fools?]

What a great read, though i didn't get thru it all.  Her'es my bit.

I was demoing for about 1 month back in Feb.  I tried several Demo platforms before settling with IG.  I made a lot of losses and some gains.  By the end i thought I was about 50-50 but was curious about the Real World, so opened the Live account.

Long story short, I'm down £400 in 3 weeks from a £1400 account.  Not great; in fact I'm at a loss.  I've mostly traded Spot Gold, so after a few £25 losses I went back to the Demo to make 8 straight wins and up £300 in a few hours using the same account balance.  I thought I'd cracked it.  Went back to the Live account with New Improved Strategy and lost £200!!!!!!!!!!!!!  I can't win.  Spot Gold is ruining me.  I watch.......It moves in a direction, i go in, the chart stops moving, it goes the other way  90% of the time! if not 100%.  My own Buy in Price becomes the Resistance Point going either Up or Down.  I was going to video this fact but figured it was all in my head.  It's not.  My Buy in Literally becomes the point where the chart will reverse, hit the support and come back down to my Buy in and go back again.  I sit in trades fighing gor £15 for hours....Then sell, then it breaks.

This can't be real.  I can't be this unfortunate?

[We Platform very Laggy or Unresponsive. Chrome.]

No, I literally have nothing running except this page and the platform now.  with 16gb Ram i only have 3gb spare.  So Operating system, the platform and this page is eating 13gb!  I'm going to close the platform now.....
This 1 page is using over 1GB!

 

 

[We Platform very Laggy or Unresponsive. Chrome.]

Hi, I don't know the difference between the platforms to spot them.  This is what I'm using.

 

[We Platform very Laggy or Unresponsive. Chrome.]

I can barely click thru my watchlist also!  Makes no difference if i close it down.  No other software, or browser page is affected.

 

[We Platform very Laggy or Unresponsive. Chrome.]

Hi, thanks for getting back.  I don't actually know I'm using

I've accidentally closed 2 deals today due to the lag.  How do i find out what i'm using?  and with that, what should I be using?

I've downloaded Pro RealTime today, but not worked thru the manual yet.

[We Platform very Laggy or Unresponsive. Chrome.]

Hi, i've been using your platform for about a month now.  I have a very powerful PC for editing 4k video.  I'm running windows 64bit on an SSd with 16gb DDR5 ram and a GTX750 graphics card.  Most of the time the cannot move the charts around inside the chart window.  I'm using Chrome browser.

Is there something I can do to fix this issue.?  thanks