Yes every so often it would calculate my %P/L by taking my GIA total as % of my ISA input I think and be a huge negative red number, give me a heart attack, then update. Won’t miss that .
I just read two reddit threads that are about a week apart where a couple of people have got into CFDs apparently unknowingly in one case and completely not understanding the risks or costs in another. Its horrifying to say the least, paying stupid amounts in daily fees, and massive losses it seems.
I’ll be honest, im not sure i understand how these types of products are so readily available to people with no education on it? Kind of glad they’re not offered here.
Yea when I was younger I was messing around with CFD’s and lost like £500 it’s a dangerous game. Verification checks weren’t even good enough back then I was like 16-18 messing around with them somehow. So easy to just lose money with leveraged products I was not educated enough to be using them which is pretty obvious cause I managed to create an account under 18. I initially went in thinking Etoro was just like a stock broker.
Adam’s Twitter thread on Freetrades funding history, going over the crowdfunding and Draper Espirit funding. I’m hoping it ends with some more info on crowdfunding for this year.
the most interestin and murky world is under “execution venues”… could be dark pools where theres loads of money, could be just wholesale. trading via normal exchanges is borin i say we should al trade via IEX