A few months back, I wrote about trading and how hard 2019 has been for many traders. Since then, a number of readers contacted me about their own experiences, of which pretty much all resulted in losing money so far this year.
I was fortunate that when I started trading in the mid-90s, all there was to trade was equities. Then, in late 1997, options (via listed warrants) were introduced. While options provided gearing, your downside was still capped at 100% because an option is the right to buy or sell, not the obligation. So, if things went horribly wrong, you could walk away from the option with no further obligation.
Now sure, a 100% loss in a trade is bad.
But the readers I refer to above are all traders who lost way more than 100%. This is because futures or contracts for difference (CFDs) are an obligation. This means you can lose a lot more than you started with.
この記事は Finweek English の 7 November 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Finweek English の 7 November 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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