Monday, April 17, 2017

Top Trades of April - Cotton CFD

Dear Nasril Nizam

April's Top Commodity CFD Trade

Have you been following global commodity market developments recently? Here is how much you could earn by trading cotton futures CFDs.

Cotton prices fell during first two weeks of April on higher expected yields in India and Mali.

  • Based on our cotton technical analysis released on March 30, 2017 you could sell 1000 contracts #C-COTTON (100,000 pounds of cotton) with 1:100 leverage at the price $76.6 on April 4, 2017 by investing about $766.0 (margin for the position).
  • Close the position on April 7, 2017 at the price $74.88.
  • Therefore, by investing just $766.0, you could earn $1692.74 (net of $27.26 swap charge), that is increase of the investment by about 220%.

Try your own successful strategy by trading Commodity CFDs without expiration dates (IFC Markets Exclusive feature).

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