an introduction to Plus500 and CFD: http://rogerthatyang.blogspot.it/2015/04/fastest-way-to-make-money-and-also-lose.html
What happened? poor earning report? lack of confidence? Euro crisis influence?
doesn't matter, a good chance to make a fortune by shorting!
by the end of the trading day it may bounce back a little bit.
just made 7.7k shorting NASDAQ index in demo
it's fluctuating, speculators, do something!
bought in (short) at 4377.21 as you can see in the image, it kept fluctuating slightly, up and down, hard to tell where it is going, but I presume that it's on a downward trend, you can see the curve there from the very left to the right, it's a convex curve, following the trend, it will go down from the point I bought in, but I wasn't sure how deep it will go, sometimes it just bounce right back and kill you, so I harvest a quick profit at 4374.66, luckily that happened to be the turning point, after I sold it it went up again.
now my demo net is $76k.
let's have a look at this part, just had a thrilling down and up, first I bought short at 4378.21, thought it would go all the way down, but turned out I was wrong, then it entered a torturing micro fluctuation period, up and down a tiny bit and no big changes overall, however during the up and down my loss once reached as high as -$6000, so I decided to get out, sold short at 4379.79 which made me a $2900 loss, then I immediately bought in to bet on the other direction at 4380, and it really went up to 4384.21 and made me $7300.
In my impression, I can make a net profit over a certain period, every time I fail it's because there's one single bet, one bet that I couldn't give up when I was losing money, and it would just drag me deeper and deeper, down to game over. So better stop loss in time, the loss will be compensated by consistent cautious moves sooner or later. Stop loss keeps you in the game!
demo net worth: $80k
Trading with money is a whole different experience than trading in demo tho
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