CFD trading, or Contract for Difference trading, is a type of financial derivative that allows traders to speculate on the price movements of an underlying asset without actually owning the asset. CFDs are typically used to trade stocks, commodities, currencies, and other financial instruments. They are a popular tool among traders because they allow for leverage, which means that traders can gain exposure to a larger position with a smaller amount of capital. However, leverage also increases the risk of losses, so it is important for traders to carefully manage their risk when trading CFDs. CFD trading is typically done through a CFD broker, and is available on a variety of different assets.
“Truth be known, forecasts aren’t worth very much, and most people who make them don’t make money in the markets.. This is because nothing is certain and when one overlays the probabilities of all of the various things that affect the future in order to make a forecast, one gets a wide array of possibilities with varying probabilities, not one highly probable outcome.” – Ray Dalio