Hi, i am seriously losing money instead of gaining and its been a week, do i wait or delete of i cancel the orders i placed the money i loose will be £4000 app, please need assistance.
You’re not going to get any help with this I’m afraid.
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My advice would be to cut your losses as much as poss, chalk it up as a lesson learned and never touch these types of instruments again.
Buy VWRP and chill.
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I think of CFDs as basically gambling. Open an Invest or ISA account (depending which country you’re in) and invest with a low-cost ETF, with maybe a few stocks in good companies (after due diligence), is the best bet. Good luck.
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Not our place to offer individual financial advice here. It’s one thing warning people of an individual instrument/stock or giving opinions on stocks and such, but tell you how to execute your orders/accept a loss not for me thanks.
I’d stay away from CFD’s unless you have some money to gamble you dont care to lose, which I a guessing isn’t the case here, otherwise you wouldn’t be asking.
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What are you afraid of?
Don’t be scared