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Great site Kenny.

Technical Analysis written in a straightforward way so that everyone understands.

There's only a small few who get it consistantly correct and you are certainly in that group. Chris

Thanks for putting this all together and sharing! BHW

Awesome Stuff! Kenny has shown time and time again the ability to show us direction in these markets. Khalsa

Kenny, I appreciate your insight and analysis. You make sense of what I can rarely see.

Thanks for sharing.

Took a gold short at 1240 just closed at 1203 :-)))))))))))))))))) ........ top call!!  Gekko

CFD Trading

Trading CFDs Guide

Contracts for Difference - CFDs

Welcome to the Traders Day Trading - CFD Trading and investment homepage. This is where you can learn about contracts for difference trading.

CFD trading is the big brother to Financial Spread Betting. There are a lot of similarities between them but CFDs are by far the more widely used, this is mainly due to the fact that CFDs trading is more widely available as Financial Spread Betting is not permitted in a number of countries where Contracts for Difference trading is permitted.

CFDs are a very flexible way to trade or invest in the long term or for short term day trading strategies and can be used for Forex trading, Commodities or equity futures, trading stock indexes and pretty much anything else that is traded in the Stock Markets.  

They provide an accessible opportunity for traders and investors to profit when markets are falling as well as rising by means of selling it in exactly the same way that they would buy it in a rising market.

Put simply, a market can be sold with the intention to buy it back again at a later date at a lower price making a profit, just as you would buy a rising market with the intention to sell it again at a higher price and make a profit.

CFD Trading Guide to Managing Risk for New Traders

CFD trading with City Index makes trading the markets more accessible for new traders, enabling them to maximize their market involvement with exposure to a range of financial instruments. Through its low margin feature, new traders can have access to these features and more whilst paying only a small fraction of the total trade value as a deposit.

However, low margin is a double edged sword; it presents significant risk in that you could incur losses greater than your initial deposit.

Here, our CFD trading guide aims to help both new and experienced traders manage their risk whilst trading with City Index.

Solid Trading Strategy

Before placing a trade, it is imperative that traders develop a comprehensive trading strategy.

This trading strategy should aim to outline where you want to take profits and most significantly, where you are willing to take a loss.

These points should be realistic and must be adhered to whether trading through a downloadable or browser-based platform or mobile App.

Once you have decided at which point you are willing to take both a profit and a loss, you might want to apply orders.

Apply an Order

As mentioned above, now that your strategy is in place and you know at which points you are realistically willing to take both a profit and a loss - you can put in place a stop loss and limit order.

By fixing your stop loss to your loss target and assigning a limit order to your profit target, your risk is notably reduced and you can also reduce the level of stress that can come with trading.

As a City Index CFD trader, you can benefit from a Standard and Guaranteed stop loss order.

A guaranteed stop loss is an order to close out a position at a level prearranged by you. It offers the greatest protection; in particular when/if market gapping occurs.

You do incur a small charge for this protection, which can vary across different markets.

Knowledge is Power

As the saying goes, knowledge is power - and it could not be truer in regards to CFD trading.

Understanding your market is fundamental to your trading success and limiting your risk.

By watching and analyzing your market's price movement, you can start to learn what affects it, where underlying volatility may or does occur and forthcoming announcements that may impact its price.

With this knowledge, you have the power to react quickly and correctly when news emerges and the market moves.

This is another way of deciding where to place your stop loss and limit orders during your strategy.


Investors choosing to trade CFDs with City Index can access a range of features that will help them stay safe whilst trading a wide range of financial markets. It is advisable to utilize a demo trading account with City Index before you start trading.

About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to improve the performance of our platforms and expand our range of services. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support.

Distributed by PR Newswire on behalf of City Index

CFD Brokers: Find and Compare CFD Trading Accounts

Trading CFD Risk Warning

Contracts For Difference (CFDs) are a leveraged product and carry a high level of risk to your capital. You may lose more than your initial investment. Share price can go down as well as up and returns on investments are not guaranteed.


If you have a complaint or feel that you have been unfairly treated by a financial services company, the first thing you should do is to contact the company you have a dispute with and officially report your complaint.

You should keep a complete record of events as they occur, including phone calls, dates, times and names of the people you spoke to. 
If your dispute is not resolved quickly then you should consider writing a formal letter of complaint to the company detailing events as you see them.

If you have done these initial attempts to resolve any issues but feel that it has not been resolved to your satisfaction, you can complain to the Financial Ombudsman for an independent view, but this must be done within 6 months of the last response from the financial services company involved.

Free Stock Market
Trading Course

A Free 10 part stock market beginners trading course. This trading course offers an introduction to understanding how the financial markets work and how to trade successfully.

"Risk comes from not knowing  what you are doing"

--Warren Buffett--

Financial Spread Betting

Tax Free Trading in the UK*

What is spread betting (spread trading) and how does it work? Learn about the many advantages of financial spread betting and find out where you can spread bet.

Elliott Wave Theory

Learn how Elliott Wave analysis can improve your trading. Find out how to access a Free 10 part tutorial for learning about the basics of Elliott Wave analysis.

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