Pam Claasen | Financial Writer | IG International

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CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Pam Claasen

Financial Writer

Johannesburg

Pam has been upskilled internally, by experts, on topics such a spread betting, contract for difference (CFD) trading, futures, options, forex and commodities pricing and margin policies.

Before joining IG, she worked as a Copywriter and Communications Consultant, Freelancer, and Instructional Designer.

With IG since: 2021

Trading since: 2020

Preferred trading style: Day trading

Most memorable trade: Trying to wait out Tesla’s share price, expecting it to move favourably. It was a risky move, with an outcome to match! Lesson learned: use a stop loss to automatically avoid losing positions running rampant.

Favourite financial book/podcast: From Theory to Practice, Daily Dose shows on the tastylive network, and the IG Trading the Markets podcast.

Pam has written and contributed to a wide range of content on financial topics like trading and investment strategies, initial public offerings (IPOs), and risk management for IG and our sister brand, tastytrade.

In her spare time, she trades on shares, indices, exchange traded funds (ETFs), forex, and commodities.

BA in English Language Studies and Psychology from the Nelson Mandela University

Articles

The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 70% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.

CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.

IG provides an execution-only service. The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.