Thursday, September 4, 2008

Phillip CFDTrader is Launched!

Phillip Securities had launched the new Phillip CFDTrader for trading contracts for difference. It has stop limit orders which I've been waiting for. I'm going to attend the free training to learn more, then I can prepare to start short selling this bear market when the time is right.

To use the new system, I need to deposit 10k into the CFD account. Hmm.. I need to think about it, because interest earned on the CFD balance is lower than what I'm getting now for my trading account. The difference is 50% you know!

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