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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Pam Claasen

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