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hurricane_run

The margin call is the petit mort of our financial system

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atz in reply to @hurricane_run

I worked at a "Financial spread/CFD" company for a while and two things were made very clear when I joined:

1, 95% of people lose money or break even
2, Try to avoid using the word betting in relation to financial spreads as it sends the wrong (but actually right) impression

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NickCJ in reply to @atz

Yeah, there's a reason that IG and their Cypriot ilk can offer tax-free spread betting... their products are regulated as gambling contracts not investment contracts.

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