Normal
I'll quote the government you can quote Wiki. It's still the same story. By the way, liquidating your position is fine if the market has a price at that point but when your CFD position open in the morning and the stock is way below (if you're long) and the sell price means there's a shortfall. You better find some cash real fast or you're in BIG strife. That's why I don't like CFDs or Eminis or any other type of trading where you have to borrow massive amounts of money from someone. I prefer to trade with the cash I have at my disposal. Far safer and if you lose you only lose your own money. I did consider CFD when I first heard about them but after grilling the broker on how they actually work (it took me a while to get him to admit the massive risk I face in a 911 or GFC type event) and was horrified - no thanks.
I'll quote the government you can quote Wiki. It's still the same story. By the way, liquidating your position is fine if the market has a price at that point but when your CFD position open in the morning and the stock is way below (if you're long) and the sell price means there's a shortfall. You better find some cash real fast or you're in BIG strife. That's why I don't like CFDs or Eminis or any other type of trading where you have to borrow massive amounts of money from someone. I prefer to trade with the cash I have at my disposal. Far safer and if you lose you only lose your own money.
I did consider CFD when I first heard about them but after grilling the broker on how they actually work (it took me a while to get him to admit the massive risk I face in a 911 or GFC type event) and was horrified - no thanks.
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