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Ah, maybe dived into the wrong group then... Come in from an email and scanning the thread saw some discussion about equities and CFD's. This is rife with CFD's. CFD's are a licence to print money for brokers...
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
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Yes CFDs are unregulated extortion which is the main reason they are not legal in the US.
I would make some statement about how amazed I am that they are legal in the UK (grew up in Gloucester down the road from you) but obviously its the tie in to the legality of gambling. Unfortunatley I can't make said comment because here in the US we have gone the same way. Watch sports on TV and every other commercial is for "Fantasy Sports" (aka gambling). Even worse the "Fantasy Sites" are all partially owned by the sports leagues themselves.
And for anybody paying attention, yes I did just equate CFDs with Gambling. I also think that Gambling & Fantasy Sports Betting is a Scourge to Society but as long as corporations make money from it, who cares, even if they do use those profits to corrupt our politicians.
The CFDs trading industry has really given legitimate trading a bad name.
People think they can get rich quick by trading forex (the most commonly advertised CFD product) and then when they lose (and the large majority of them do) they say trading is a scam, or they blame something else.
One you are trading on a regulated exchange against other traders, but the other you are trading against your broker... That can make for a BIG difference.
There are ways to find out what smaller traders are doing. Like you can even look at the COT data. In the Forex world, in days past, brokers also acted as market makers. That made them be on the other side of all of their clients trades. In the futures market, brokers act only as brokers, and there are many market makers out there working on daily basis. The market maker provides liquidity in the form of limit orders so that the market can function and traders can make trades easily. I'm sure though, if anyone thought it would help them, they could figure out what smaller traders are doing, and try to form a strategy against them. Its most likely very simple. Smaller traders that fail are likely trading counter the trends, thinking they can be successful in doing that. They make a few small wins, and that confirms to them that they can be successful. However, trading against massive money coming into the markets driving it in a given direction, at least on an intra day basis, is something that at least over a period of time, no one will win at that game. Believe me, if you do nothing but make money, no one wants to trade against you. In the old time FX world, they would have banned you from their brokerage, because they were losing money on you as your broker and market maker.
The really dumb thing also is, that there are tons are terrible large traders trading in prop trading firms. I look at volume along each bar on a very short term chart. I watch these traders at work every day in the NQ futures as they make large contract long trades right exactly at the top of a move, or large contract short trades right exactly at the bottom of a move. These are just plain horrible large traders out to lose all their money. Believe me. Smaller traders should not feel too bad for losing.
Come in from an email and scanning the thread saw some discussion about equities and 
