Author Topic: Todays Cfd calls  (Read 28053 times)

saint1

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Todays Cfd calls
« on: April 03, 2013, 11:08:31 am »
add to my AGL long at 22901

Moneypenny

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Re: Todays Cfd calls
« Reply #1 on: April 08, 2013, 08:31:38 am »
Alsi T40 keeps me fully occupied atm but I would like to nibble on cfd's in future, will join you shortly. :D

aspire

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Re: Todays Cfd calls
« Reply #2 on: April 08, 2013, 04:22:06 pm »
I was never a regular on the other forum so I don't know everyone. What type of trader would you describe yourself as Moneypenny?

Moneypenny

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Re: Todays Cfd calls
« Reply #3 on: April 09, 2013, 08:00:19 am »
What type of trader would you describe yourself as Moneypenny?

A ruthless, opportunistic one I presume, ;D high risk, high reward.

Ykhan

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Re: Todays Cfd calls
« Reply #4 on: May 09, 2013, 02:29:10 pm »
im long on CFR, results out next week this time, perfect rand hedge, since weaker rand=higher profit. :-) finger crossed.
Breaching into brilliance

Moneypenny

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Re: Todays Cfd calls
« Reply #5 on: September 10, 2013, 10:20:37 am »
Calling all CFD pro's and amateurs:

I need you to start posting on how and when you enter CFD's and help me to understand these:

Question One:
How long do you usually keep your CFD?  minutes, hours, weeks or months?

Question Two
Please explain the 'expiry' thingy, I know its 4 times a year, every whatever Thursday or something like that, the 19th Sep? What is the purpose of expiring, what if you wanted to keep going (roll over), is it just so that your redo your contract and repay brokers + a new bid/offer price? The way I see it SSF and CFD are basically the same thing, except for the expiry factor? Yes?

Question Three
Do dividends have an effect?

Question Four:
Any tricks you have picked up whilst trading CFD's? (I've picked up a lot of tricks on Alsi and T40 CFD's which are very costly if you're unaware, if somebody is interested, I can point it out)

Now, please respond and don't make me go and ask the 'other forum'.  ::)
« Last Edit: September 10, 2013, 10:26:17 am by Moneypenny »

Aragorn

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Re: Todays Cfd calls
« Reply #6 on: September 10, 2013, 11:09:24 am »
Calling all CFD pro's and amateurs:

I need you to start posting on how and when you enter CFD's and help me to understand these:

Question One:
How long do you usually keep your CFD?  minutes, hours, weeks or months?

Question Two
Please explain the 'expiry' thingy, I know its 4 times a year, every whatever Thursday or something like that, the 19th Sep? What is the purpose of expiring, what if you wanted to keep going (roll over), is it just so that your redo your contract and repay brokers + a new bid/offer price? The way I see it SSF and CFD are basically the same thing, except for the expiry factor? Yes?

Question Three
Do dividends have an effect?

Question Four:
Any tricks you have picked up whilst trading CFD's? (I've picked up a lot of tricks on Alsi and T40 CFD's which are very costly if you're unaware, if somebody is interested, I can point it out)

Now, please respond and don't make me go and ask the 'other forum'.  ::)

Miss Moneypenny, do you wish for us to answer the questions above, or just to post our trades, or both?
Not idly do the leaves of Lorien fall.

Moneypenny

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Re: Todays Cfd calls
« Reply #7 on: September 10, 2013, 11:35:30 am »
Both please. ;D

I need to learn from you guys until I can find my own rhythm, something like a parasite and a willing host. O:-)

Aragorn

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Re: Todays Cfd calls
« Reply #8 on: September 10, 2013, 12:50:55 pm »
I trade in the CFD space and call myself a rank amateur, and I trade on the daily closing prices.
To answer the questions -
1.) Time Period - That is purely dependant upon the exit strategy applied to each trade. As I generally trade against daily closing prices, my trades usually run for a number of days. Either the stop loss is triggered or the initial target is reached, and I then exit. Where a trade is moving sideways between SL and Target, I will monitor and decide to either let it run or close it out based on factors present at the time. I'm still Long on MMI for 47 days now-closed half this morning to lock in profits and allowing the balance to run for a few more days.
2.) Expiry 'thingy' - Not applicable to CFD's. Don't actually know anything about it aside from that it happens evey third Thursday each quarter.
3.) Dividends play a role on CFD's. If you are short over the divi LTD, you pay in the dividend, if long you receive the dividend.
4.) Tricks - Well not sure about "tricks", but I believe in a strong trading plan, good risk/money management and specific entry and exit criteria. I'm still developing mine, and I guess most traders, even those who have been around for many years, are also still refining their strategies.

For info - Current Open Trades -
Long MMI @ 21.80
Long CLS @ 55.15
I also had orders in this morning for Longs on MTN and TBS, but the market gapped above my price on open. My strategy also advised a Long for JDG today, but I just don't like that share....
TON is on my watchlist for a Long

Please be so kind as to share your 'tricks', as they will most likely apply to CFD's as well.

Hope the above has been a bit of assistance.
Not idly do the leaves of Lorien fall.

Moneypenny

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Re: Todays Cfd calls
« Reply #9 on: September 10, 2013, 02:02:05 pm »
Phew, thank you Aragon.

First mistake you saved me from, SSF’s and not CFD’s expires, always had the notion that share CFD’s expire and not index CFD’s.  But it is good news indeed as I was waiting for the 19th to start; now I can start sooner. :)  It also explains why time frames are longer and it seems, for now at least, that price fluctuations are not as lethal as on index CFD’s.

So dividends, same principle as indices although trading stops at 16:50 were as I usually trade until 22:00 (daylight savings time dependant) and can start 2am, whereas 9:00am seems opening time, or can I trade 8:50 in auction?  Don’t worry, I’ll find out soon enough.

With regards to tricks, I've learned on Alsi & T40 CFD’s to disable stop losses just before 8:30 (sometimes also 8:00) and also just before/after major economic news. It’s amazing and I guess also borderline criminal how enormous fluctuations are then, both up and down in a split second, to take out SL’s both ways I assume and then continuing right back in the direction it was going before those times.

Also, I never initiate a new contract out of normal business hours because spreads seem to magically inflate after hours, thus best time to start is just after 8:30am.  I suppose it is not really tricks, I just try to hunt the hunter.

Thank you for sharing current positions, I’ll try to follow what is happening here.

Now, I'm looking forward to look into a few potential shares, I will post when I enter so that everyone can share my pain and learn from my mistakes.

jaDEB

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Re: Todays Cfd calls
« Reply #10 on: September 10, 2013, 03:20:21 pm »
What is the minimum you can start with ?  ??? Dare I ask.
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

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Re: Todays Cfd calls
« Reply #11 on: September 10, 2013, 03:42:19 pm »
No it is dirt cheap, that's the point.

Mine, and I will have to double check later, just to give you an idea:

Edit: Oh no, these are for SSF again, CFD are between 15.00% & 17.50%.  Anybody got a list somewhere?

Margins:
ACL R712
AEG R375
BIL R3675
BTI R4125
CFR R1425
DSY R585
HAR R900
KIO R7575
MUR R360
NPN R7500
SAB R3450
WHL R660
VOD R1485
FTSE MINI R3165
FTSE/JSE 31 650
SILV R18750
COPP R9000
GOLD R9600
CRUDE R10500
PLAT R13050

and your chikkies R330.


Aragon, what's your margins?

Edit: So I've missed the 'r', sorry Aragorn
« Last Edit: September 10, 2013, 04:15:04 pm by Moneypenny »

jaDEB

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Re: Todays Cfd calls
« Reply #12 on: September 10, 2013, 03:59:20 pm »
Nice I like : -

SILV R18750
COPP R9000
GOLD R9600
CRUDE R10500
PLAT R13050

Mr Bond added a link to down load Kitco program that runs on your computer showing materials, i.e. Gold Silver and so on.
jaDEB

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Aragorn

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Re: Todays Cfd calls
« Reply #13 on: September 10, 2013, 06:13:38 pm »
Aragon, what's your margins?


I trade on STD OST Platform. Regret that you can't short a number of the shares listed, and the availability is not as big as we would like them to be but we manage within what we have. (Something about the ability to borrow and lend shares on the market - stuff above my pay grade)
The latest margins are advised below-

CFD's margins effective 10 September 2013:
ABLcfd - R 3.14
ACLcfd - R 7.11
ACPcfd - R 7.08
AEGcfd - R 3.44
AGLcfd - R 35.84
AIPcfd - R 4.94
AMScfd - R 78.47
ANGcfd - R 26.28
APNcfd - R 21.36
ARIcfd - R 28.79
ARLcfd - R 9.36
BGAcfd - R 16.80
AVIcfd - R 6.18
AWAcfd - R 1.10
AWBcfd - R 0.99
BATcfd - R 7.11
BAWcfd - R 10.14
BILcfd - R 38.67
BSRcfd - R 1.92
BVTcfd - R 25.73
CFRcfd - R 14.58
CLScfd - R 5.73
CPLcfd - R 0.89
DSYcfd - R 6.00
DTCcfd - R 6.08
EMIcfd - R 2.10
EXXcfd - R 26.40
FSRcfd - R 3.62
GFIcfd - R 10.59
GLDcfd - R 13.17
GNDcfd - R 2.88
GRFcfd - R 5.22
GRTcfd - R 2.00
HARcfd - R 9.36
IMPcfd - R 21.05
INLcfd - R 7.52
INPcfd - R 7.44
IPLcfd - R 24.32
ITUcfd - R 6.24
JDGcfd - R 3.92
JSEcfd - R 7.82
KIOcfd - R 81.80
LBHcfd - R 17.84
LEWcfd - R 6.86
LHCcfd - R 5.27
LONcfd - R 13.40
MDCcfd - R 5.96
MMIcfd - R 2.43
MNDcfd - R 17.87
MPCcfd - R 13.47
MPTcfd - R 3.35
MRFcfd - R 0.30
MSMcfd - R 14.96
MTNcfd - R 23.88
MURcfd - R 3.69
NEDcfd - R 20.55
NHMcfd - R 7.23
NPKcfd - R 2.81
NPNcfd - R 82.31
NTCcfd - R 2.28
OMLcfd - R 3.90
PAMcfd - R 22.49
PIKcfd - R 3.99
PLAcfd - R 26.94
PPCcfd - R 3.35
PWKcfd - R 1.67
RDFcfd - R 0.86
REIcfd - R 3.48
REMcfd - R 26.78
REScfd - R 8.00
RINcfd - R 1.23
RLOcfd - R 7.02
RMHcfd - R 5.49
RMIcfd - R 2.76
SABcfd - R 36.15
SACcfd - R 0.47
SAPcfd - R 4.28
SBKcfd - R 12.53
SGLcfd - R 2.61
SHFcfd - R 4.64
SHPcfd - R 17.93
SLMcfd - R 4.32
SOLcfd - R 54.78
SPPcfd - R 11.22
STDcfd - R 0.30
STFcfd - R 0.95
STRcfd - R 6.11
STXcfd - R 3.44
SUIcfd - R 9.77
SWXcfd - R 0.78
SXFcfd - R 1.05
SXIcfd - R 3.54
TBScfd - R 25.32
TFGcfd - R 10.85
TKGcfd - R 4.34
TMGcfd - R 3.57
TONcfd - R 11.19
TREcfd - R 10.29
TRUcfd - R 10.31
TSXcfd - R 2.28
VILcfd - R 0.21
VKEcfd - R 1.31
VODcfd - R 14.66
WBOcfd - R 13.28
WEZcfd - R 1.35
WHLcfd - R 6.72
Not idly do the leaves of Lorien fall.

Moneypenny

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Re: Todays Cfd calls
« Reply #14 on: September 10, 2013, 06:26:48 pm »
Thank you,.

And you have to buy in pockets of 100 shares for 1 contract? So basically what you've stated above x 100 = 1 contract.

Got it.

I've worked very hard all day, still busy but I have already lined up a few companies over the next three months (longs & shorts), this is going to be interesting. :D