Tradefair & Financials
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Im interested, volatile market apparently
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Replies: 8
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oh
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yes - my 1 word of advice would be dont.
not only will u, probably, have no inside knowledge, which is a huge problem, u will also have to rely on LIFFE policing the market for any wrongdoing. most markets, due to the hgih volumes are fairly straightforward to supervise, but with thinly traded and volatile markets (such as cocoa, coffee and others) it becomes a bit of a crapshoot, as the main players get away with murder - either because the exchange chooses to turn a blind eye, or are just too fecking incompetent to see whats going on. |
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I bought some sugar 1466 yesterday, watching it closely tho
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what do site/software, do you use to buy in the futures?
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use igindex, spreadbetting
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for toe-dipping, tradefair will give u the basics.
but i repeat, beware of manipulation by people with very deep pockets and no scruples. |
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kane I havent traded it but looked at it.Its quite a thin market apparently with a lot of manipulation.Suggest you will slaughtered if you have little futures experience.Its hard enough to trade highly liquid markets even though they too are heavily manipulated.Be careful and if you have a trading account of less than 50k I would forget about it.
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what i do's comment of it being a "crapshoot" is a good one.I think I will start using that term too.
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