Winning ways to spread betting
- Created:
- 2 July 2008
- Written by:
- Dominic Picarda
Have you discovered the delights of spread betting yet? As a good way for investors to trade the markets, it's hard to beat. It offers access to a huge range of financial assets around the world, all from a single account. With spread betting, you could trade Google shares, the Hang Seng, German bond futures and the euro/yen rate on the same screen. And you could do so without having to risk more than a few hundred pounds.
Whether you're totally new to spread betting or if you've already dipped your toe in the water, this edition of Masterclass should help to improve your money-making prospects. For a simple introduction to the subject, check out our guide 'Spreading the risk
'. We explain the advantages as well as how the bets actually work.
Effective trading almost always involves using charts to identify opportunities, as well as entry and exit levels. In 'The Gann plan for spread-betting success
', we introduce the theories of WD Gann, one of the greatest traders of all time, and show how his ideas still work today. Just as important as coming up with ideas is controlling your risks.
With spread betting you can make money as easily in falling markets as in rising markets. However, short-selling isn't just buying in reverse. It carries its own risks and requires different skills, as we demonstrate in 'Get your shorts on
!'. Next, Market wizard Rakesh Shah suggests four good habits you can adopt in order to become a more profitable spread bettor – 'Winning strategies for spread betting
'. Next, he outlines how to minimise losses in 'Watching the pennies
.' and shows how to use a popular momentum indicator to improve your strategy – 'Four tips for improving your spread betting
'
Picking the right spread betting firm to deal through is a key decision. In 'Platforms and providers', Rakesh talks through some of the main points for your checklist.