:VODAFONE: Traders Thread, Long or Short!

I am sorry you don't buy the reality, I am not here to argue about the truth.

Here are the facts

1/If a spreadbetting company/cfd company believe your trade is wrong,not only will it not hedge the position it could actively go long/short opposite to your trade.

2/.Direct access cfd companies do not hedge all trades, however, I am prepared to accept that they may do within a timescale..i.e a few days/week etc...but that gives enough time for manipulation of the order book.It can also mean that depending on the shareprice movement these transaction would never have to be hedged and simply don't exist anymore.For instance, say an unhedged order book cfd sell at 123 was closed by the client at 127 at a loss the trade is simply a profit for the cfd company plus fees.There was a buy and a sell and the transaction ends

What you are sayin is a bit like saying insider trading doesn't exist.