How big is your CFD trading account?

Sugar Dunkaton · 9 June 2010

Thank you for your input.

But just to clarify, I am looking to get an idea of who is trading equity CFDs (DMA, MM or ASX), vs those who trade Straight Equities or Equities Plus Margin loans with which I have received data from elsewhere.

All this other chat is irrelevant - and yes, I am learning as I go through. Maybe that ASX data was not the best point of reference and I have interpreted it wrong, HOWEVER, it has given me a topic to write my assignment on - and as such I would like to continue. I will not be using that table in my assignment.

Thank you to the person who pointed out CFD Contracts vs Equity trades - i did over look that.

akkopower · 9 June 2010

Sugar,

I heard an open lecture from Yale discussing research that was done on the no. of people that fail when they trade, they got data from a Hong Kongese broker. I am assuming this research led to a research paper. The info you are after may be reported somewhere in the financial literature....... If u are willing to search that hard.

barney · 9 June 2010

Sugar Dunkaton said:
Sir P,

Sir Osisofliver said:
It's Sir O P is next to O, it's just a typo. Please don't call me Sir P I sound like a Bodily function.

Lol .... Is it possible to actually have a typing Freudian slip

If Sir O has consumed enough alcohol to earn cirrhosis of the liver, he would have certainly done his fair share of "P"ing

As for the size of my CFD accounts, they generally decreased a lot quicker than they rose, but I remember one that became quite large very quickly which was very much appreciated

Sir Osisofliver · 10 June 2010

barney said:
Lol .... Is it possible to actually have a typing Freudian slip

If Sir O has consumed enough alcohol to earn cirrhosis of the liver, he would have certainly done his fair share of "P"ing

As for the size of my CFD accounts, they generally decreased a lot quicker than they rose, but I remember one that became quite large very quickly which was very much appreciated

Parapraxis is defined as an error in speech, memory or physical action that occurs due to the interference of a dynamically repressed wish, conflict or train of thought.

Once again it's justa typo; golden showers aren't my thing....you could ask Nun though

Cheers

Sir O

nunthewiser · 10 June 2010

Sir Osisofliver said:
Once again it's justa typo; golden showers aren't my thing....you could ask Nun though

Cheers

Sir O

Whatever floats ones boat i say

Judd · 23 June 2010

Well, some are a lot smaller or even now zero, given this little number:

http://www.theage.com.au/business/broker-collapse-hits-3000-clients-20100623-yxd3.html

Broker collapse hits 3000 clients

One of the country's biggest intermediary brokers, Melbourne-based Sonray Capital, collapsed at 11 pm last night, freezing 3000 client accounts.

Bits and pieces and so on.

Sonray is a big user of other broker platforms and specialised in equities as well as over-the-counter products including contracts for difference (CFDs), options, futures and exchange traded funds. It was one of the first companies in Australia to provide advice on CFDs, investment tools which are banned in the United States.

CFD people are now unsecured creditors of Sonray. Best of luck as you may need it.

lil smoochie · 24 June 2010

wow @ those who have 250k+ accounts!

How big is your CFD trading account?