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What's stopping me from opening a short and long position at the same time with a CFD one minute before some important piece of news like today's inflation data, and then setting stop losses for both positions very close to the current price? If the news makes the stock go up, my short position closes quickly and I ride the long position up and vice versa if the news is bad.
This seems like free money, which means it probably won't work, but why?
