Re: Stocks and Shares?
Originally Posted by
MKJ
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As for huge losses I can't see me using beyond a £1000 with this form of trading. I can afford to lose that without too much worry.
There is NO LIMIT to the amount of losses when you use spread betting. That is a fundamental principle.
You can deposit £1000 in your account but become liable to pay £100,000. If you don't understand that basic premise then you don't understand spread betting and should stay very clear of it.
Originally Posted by
MKJ
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Even you have to admit people DO make money from stock and shares.
The people who make money are the owners of the systems, the directors of companies, the funding agents (who get discounted shares), the media pundits who are paid to ramp stocks and so on.
The people who lose money on stocks and shares are the hapless mugpunters who are not cynical enough and who live in the Matrix.