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Funymoney

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About Funymoney

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  1. Although I have had an IG spread bet account for 15 years or so, I have only just opened a share account so have not used it yet. If I place a trade of 10000 shares at 1000p will I be able to set several orders to close when the price hits my stops e.g. 4000@ 970p, 4000@950p 2000@900p? Thanks in advance
  2. I've mainly traded UK shares for the last 15 years. I'm doing more indexes at the moment. If I have £1 point guaranteed stop 300 points on Wallstreet the margin requirements is £1060.71. What does this mean if I hit the stop? Usually, I would assume loss of £300 plus stop premium. I haven't noticed anything extra where stops have been hit, but in extremis i.e. index lock up for 15 minutes leading to a gap down, would I lose the £1060.71? if not, should I be taking any notice of the higher figure on guaranteed stops? Thanks in advance
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