/biz/ - Business & Finance

SMG why don't we have drama like these dumb reddit discord fags

>>27579549
Holy shit I didn't realise you were using CFDs
KEK

A contract for differences is an agreement that two people (or groups) enter into. In this contract, there is an asset. It could be a stock, a commodity (like oil or gold), or anything really. The contract lists a specific date. At the end of that date, you take the price of the asset, and compare it to the price of the asset when the contract was signed/created. If that asset has appreciated (increased in value), in that time, the person who sold the CFD pays the buyer the amount the asset increased by. If the asset depreciated (decreased in value), the buyer pays the seller that difference.

Lets say to place the bet I needed to put down £10k, when I trade on margin, I might put up £1k and the broker puts down the rest of the bet.
If I'm right I pocket all the net profit. If I'm wrong I pay the broker back the full amount, not just the amount I put down initially.

There's a reason it's banned in the USA, it's the easiest way to blow up your account.

He actually deleted his account and dumped his bags while you retards still hold.

Godd job schizos

GOOD MORNING, I LOVE MONDAYS
I LOVE LINE GO UP DOWN
GOD BLESS AMERICA