Q. I wonder what percentage of spread betters are successful long term? A: Percentage of spreadbetters? Percentage of forex traders? Percentage of day traders? Percentage of retail traders? Seen figures quoted of between 80%...
Latest Posts
Spread Betting using an iPhone/Blackberry/MAC
Q. I use an Apple Macbook Pro and wondered which spreadbetting firms have the most ‘MAC friendly’ platforms? A: Other than providers which require you to download software there is no difference. I use IG Index...
Telephone Trading: Spread Betting
Q. How do you go about making a spread bet on the telephone? A: Below, I’ve outlined how a conversation should go with your spread betting firm; don’t expect a long-winded courtesy as dealers are typically very...
Addiction and Why so Many Index Traders End up Losers
Q. Why do so many FTSE spreadbetters lose money? I’m new to spread betting and know the basics, today was my first day trading and had a big loss. I would like advice on which way the FTSE will move tomorrow. Also any...
Why do so many Spread Bettors Lose Money?
Q. I have recently started spread betting having spent months studying the subject but I have already lost £300 within 1 week! I have recently started spread betting having spent months studying the subject. I started...
Making a Living from Spread Betting and Trading
Q. Is it possible to make a living from spread betting/trading? A: You can but it takes time to acquire the knowledge. First pitfall is being seduced by penny shares which promise huge percentage rises. Next one is being...
CMC Stop Spikes and Why Most Traders Lose Money
Q. ‘CMC DO spike their spread to take out stops. They do this because in many cases they are not laying off your bet but taking a position against you.’ Their rules allow them to do this. I would never again put...
What is Your Take on Advisory Brokers?
Q. What is your take on Advisory Brokers? A: In a word. Beware. Number one it’s a conflict of interests. Their business model is making money from commission, no doubt they charge some silly amount like 20-30bps (0.3%)...
Spread Betting Educators and Free Trading Seminars
Q. What are your thoughts on free trading seminars? There seems to be a lot of free trading seminars about these days and I even got one through the post this morning, free seminar on property investment, in my home town...
Wine as an Investment and Exposure to the Yen…
Q. Wine as an Investment? It has become popular to buy cases of wine and keep them as an investment. I once read that some wine aficionados’ would buy three cases of quality wine, drink one and sell the other two at a...