Things to Avoid: Overtrading and Oversized Positions In speculation and in financial spread trading it is best not to overtrade. Overtrading has been the bane of my trading career to date.  I have mastered timing, I have mastered...

Greed and Understanding Risk Spread betting is like every other form of gambling, there are do’s and don’ts. Here are some pitfalls to avoid… Risk, when it comes to shares, is something very subjective...

Don’t Procrastinate & Don’t try to Rationalise the Market -: Spread betting is like every other form of gambling, there are do’s and don’ts. Here are some pitfalls to avoid… Procrastination...

Don’t over-stretch – leave plenty of headroom on the account for adverse price movements in the underlying share. I would say that one should never really gear up more than say double the value of your equity. Whereas...

Managing Trades and Profits One basic tip would be to never, ever, risk more money than you have the potential to make on a trade. It’s totally pointless. It should be more like risking x to make 2x, 3x, 4x, etc. This might...

Make use of Stop Loss Orders With trading we all will have disappointments and losses. That is just a fact you have to be able to accept and manage according to your rules and stick to it as we say. Anyone can manage a winner it...

Be careful and try a few small bets first when trading for real money – do look at the graphs, the highs and lows are crucial!! When starting out it is sensible to keep the stakes low to understand how the market you are...

Practical Spread Betting Tips and Tricks Start on a very small scale and also strictly limit your gearing at this stage! Remember: if you are a beginning trader or new to spreads, leverage always works against you! Always start...

A dream written down with a date becomes a goal.A goal broken down becomes a plan.A plan backed by action makes your dream come true. “…if you haven’t got a map of where you’re going you lose faith in your journey”...