Manage episode 301996275 series 2362208
The topic of CFD trading has always been relatively popular, and rightfully so. The financial vehicle of CFD's (contract for difference) are very attractive and offer a whole lot of interesting benefits. The point of my video is not to bad mouth CFD's or those people who trade them, but rather, inform some of you about how they can be very misleading. If you live outside of the USA, then this video does not necessarily pertain to you; however, if you are a citizen of the USA, then please take some time to watch this video so that you are not mislead. In the world of social media, there are lots of traders out there posting lots of impressive results. Whether or not those results are actually real is a whole other conversation, but for the sake of this discussion, let's assume their trading results are genuine. Even if they are real, for us living in the USA, their results are extremely misleading due to a few characteristics that CFD's have to offer compared to trading stocks or options. I want to share these dynamics with you so that when you are forming opinions and structuring trade plans, you can do so with a full understanding and awareness of how CFD's work. This way, you can avoid building up bad trading strategies that are not based in reality! Let's get to it!