An introduction to trading for newbies and those wanting to start. Using his traders’ matrix Simon Brown distils the skills needed and how to develop each one.
Video: What I wish I knew as a new trader
Video: Managing risk as a trader
Video: Getting started in trading
Video: Trader’s game plan
IG CFD Conversations: CFD costs
Since contracts for difference (CFDs) require a fair bit of legwork from your CFD provider, the fees are slightly more complicated than ordinary brokerage. In this video, Simon Brown explains the transaction fees charged and how your CFD provider pays and charges interest.
IG CFD Conversations: Guaranteed stop losses
Stop losses are an important part of risk management when trading any instrument. They become especially important when you trade contracts for difference (CFDs). In this video, Simon Brown explains how a guaranteed stop loss can put an absolute cap on your potential loss.
IG CFD Conversations: Limited risk accounts
To protect you from losing more money than you have, some CFD providers offer limited risk accounts. In this video, Simon Brown explains how these accounts limit how many times you can gear your portfolio to protect you from losing more money than the deposit you paid to open the position.
IG CFD Conversations: CFDs and dividends
Different contract for difference (CFD) providers have different methods of dealing with dividends, which will have implications for your tax liability and profits. In this video, Simon Brown explains why the dividend receiving date might not always be clear when you trade CFDs and how dividend withholding tax could affect your planning when trading CFDs.
IG CFD Conversations: Choosing a CFD provider
In this video, Simon Brown explains why it matters that you opt for a registered CFD provider that has a proven track record and always trades the underlying asset when you place a trade. He explains why international and regional compliance regulations matter and how to ensure your CFD provider adheres to all of them.