Some people like learning about spread betting from books like my Better Spread Betting, Stop Orders and Position Trading books. Some people prefer to learn face-to-face with a spread betting guru at a seminar, and are willing to pay for it. If you want to see spread betting in practice, but without the seminar price tag and without leaving the comfort of your own own, one of these spread betting
Tuesday, 31 July 2012
Use guaranteed stops to conjure additional trading funds out of thin air!
Posted on 04:01 by Unknown
Like me, you may occasionally find yourself in the embarrassing position of wanting to make a trade in your spread betting account at a time when you have little or no "available to trade" trading funds. Like me, you may prefer your spread betting account(s) to be self-sufficient and therefore you're reluctant to feed yet more new money into your account.
You may have noticed that very often you
You may have noticed that very often you
Monday, 30 July 2012
The Revolutionary New Gekko Markets "TradeHub" Trading Platform
Posted on 01:06 by Unknown
Any former clients of spread betting company Gekko Markets will have noticed that their account has now been migrated to the new TradeHub trading platform. Those former clients, and any new new ones who might care to sign up, will be interested to know why this revolutionary new trading platform is unlike most (if not all) other spread betting platforms I have used.
For one thing, it allows you
For one thing, it allows you
Sunday, 29 July 2012
Shop Around for Minimum Stop Distances on Guaranteed Stops
Posted on 08:56 by Unknown
I've had an on-off relationship with guaranteed stop orders, sometimes regarding the guarantees as invaluable and sometimes regarding them as too restrictive or simply unnecessary in a sufficiently diversified portfolio of spread bets. In these continuing uncertain and volatile times, those guarantees may be worth their weight in gold (if that's what your trading).
Guaranteed stop orders come
Guaranteed stop orders come
Saturday, 28 July 2012
Selftrade (spread betting) moving to the London Capital Group (LCG) trading platform.
Posted on 08:58 by Unknown
A couple of days ago I received an email from Selftrade -- with whom I'd forgotten I held a spread betting account, to be honest -- informing me that their CFD and Spread Betting offering would be moving from the current City Index trading platform to the London Capital Group (LCG) platform. It means that in future their spread betting web interface will look more like those of Capital Spreads,
Posted in capital spreads, financial spreads, ig index, intertrader, lcg, selftrade, spread co, spreadco, spreadex
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Thursday, 26 July 2012
Better Spread Betting with TRADERS' Magazine
Posted on 23:36 by Unknown
Have you read the Better Spread Betting article in the August 2012 edition of TRADERS' Magazine? It's subtitled Spread Betting for the More Investment-Minded, which sums up much (but not all) of my spread betting philosophy.
Don't forget that TRADERS' Magazine also contributed one of the tips to the final "One More Thing..." chapter of my Better Spread Betting book.
Subscribe to Better Spread
Don't forget that TRADERS' Magazine also contributed one of the tips to the final "One More Thing..." chapter of my Better Spread Betting book.
Subscribe to Better Spread
Trade of The Week: Lucky Escape from Lamprell
Posted on 01:49 by Unknown
In yesterday's sensationalist article I told you how I had closed several positions in an IG Index account in order to bank some profits. It was mighty unusual for me to close any position trades manually, instead preferring to let my trailed stop orders take me out when the tide turns. In one case it was lucky I close the trade manually, just in the nick of time.
This morning, Lamprell shares
This morning, Lamprell shares
Wednesday, 25 July 2012
Spread bettor makes almost £40,000 per year, tax free! (or does he?)
Posted on 04:03 by Unknown
How many of you new and even not-so-new spread bettors would give up your day job if you could earn £40,000 per year, tax free? Most of you, I reckon, and here I prove that it can be done! But don't trust me just yet ;-)
Anyway, here is my proof. In the following bona fide P&L Breakdown report provided by IG Index you can see that on 25 July 2012 I banked almost £160 worth of profits in a single
Anyway, here is my proof. In the following bona fide P&L Breakdown report provided by IG Index you can see that on 25 July 2012 I banked almost £160 worth of profits in a single
Tuesday, 24 July 2012
Yet another thing...(advice for spread bettors and other traders)
Posted on 00:56 by Unknown
Just like the contribution from Spread Co, the following answer to my "one more thing" question didn't meet the deadline for the first edition of my Better Spread Betting book but is sure to be included in any subsequent edition. In the meantime, here is the one piece of advice (if he could give only one) that David Jones, Chief Market Strategist at IG Index and author of the book "Spread Betting
Monday, 23 July 2012
Oh, I do like to see my stops!
Posted on 09:19 by Unknown
As someone who wrote an entire book on the subject of stop orders, it may come as no surprise that I do like to see those stops right alongside my open positions. Like this:
This example (but real) SpreadEx Financial Open Positions list shows not only the accrued profit or loss on each open position, but also the amount of profit (ideally) or maximum loss that is "locked-in" by the stop order
This example (but real) SpreadEx Financial Open Positions list shows not only the accrued profit or loss on each open position, but also the amount of profit (ideally) or maximum loss that is "locked-in" by the stop order
Sunday, 22 July 2012
A Short Example of Shorting Shares with Spread Bets
Posted on 04:55 by Unknown
If you come from a traditional "investment" background, you will find one of the novel features of financial spread betting to be the fact that you can go short by selling shares (or indices, or commodities, or currencies) that you don't own just as easily as you can go long by buying them. If you thought that a particular share price would fall, and if were operating in a regular stockbroker
Thursday, 19 July 2012
Trade of The Week: Enterprise Inns
Posted on 01:37 by Unknown
This week's "Trade of The Week" might be better described as "Trade of the Six Months" since it is a longer-term position trade that was in play from 28 December 2011 to 19 July 2012. In that time my nominal £1-per-point spread bet notched up a gross profit of £27.62 and a net profit (minus financing charges) of £25.85. The final performance of the trade is shown nicely in the ETX Capital OPEN
Wednesday, 18 July 2012
Spread Betting Company Minimum Stakes
Posted on 00:44 by Unknown
Over on the "Talk with Tony" page, Mrmenstig asked a question (edited for clarity) as follows:
Recently I've noticed a lot of the instruments I'd like to bet on have a mininmum size of £5-per-point with the provider I use. I was looking at ETX Capital over the weekend and found they have a minimum of 50p size; do they also impose this £xx per point size or is it 50 p accross the board?
This
Recently I've noticed a lot of the instruments I'd like to bet on have a mininmum size of £5-per-point with the provider I use. I was looking at ETX Capital over the weekend and found they have a minimum of 50p size; do they also impose this £xx per point size or is it 50 p accross the board?
This
Tuesday, 17 July 2012
Review "Better Spread Betting" (the book) and Get Your Money Back!
Posted on 03:38 by Unknown
I'm keen that purchasers of my Better Spread Betting book not only read it but also review it on Amazon.co.uk. So here's the deal for the first ten people to respond before 1 August 2012:
If you haven't already purchased a copy of the paperback or Kindle edition from Amazon.co.uk, let me know why you'd make a good reviewer. If I agree, I'll send you a link to purchase the book, and as soon as
If you haven't already purchased a copy of the paperback or Kindle edition from Amazon.co.uk, let me know why you'd make a good reviewer. If I agree, I'll send you a link to purchase the book, and as soon as
Monday, 16 July 2012
Hedging Our Family Bets
Posted on 09:24 by Unknown
Continuing my read-through of The Naked Trader's Guide to Spread Betting (as I first mentioned here), I not so long ago read the section containing Robbie's description of how spread betting companies hedge (or not) your bets in order to control their own exposure and risk. he makes the points that:
If you're a good trader and you go long, the spread betting company might go long with you by
If you're a good trader and you go long, the spread betting company might go long with you by
Friday, 13 July 2012
Trade of The Week: Immobiliare Grande Distribuzione (IGD)
Posted on 08:45 by Unknown
For this week's trade of the week I thought we'd go abroad, to Italy.
On or around 19 June, with Italy getting a lot of economic bad press, I decided to take some punts on several Italian stocks that might recover from what looked liked historic low prices. One of these stocks was Immobiliare Grande Distribuzione (IDG). I established a long position at a price of 53.23 as shown by the solid
On or around 19 June, with Italy getting a lot of economic bad press, I decided to take some punts on several Italian stocks that might recover from what looked liked historic low prices. One of these stocks was Immobiliare Grande Distribuzione (IDG). I established a long position at a price of 53.23 as shown by the solid
Adjusting Stop Orders on the London Capital Group Trading Platform(s)
Posted on 04:56 by Unknown
My daughter, who is a budding trader but who is still practising in a demo account, asked me a question the other day: "Dad, how do I adjust my stop orders on Capital Spreads?"
It seems so obvious to me now, after years of spread betting, and I never really give it a second thought; but maybe it's not so obvious to new spread bettors. You see, each of your open positions listed in the Open
It seems so obvious to me now, after years of spread betting, and I never really give it a second thought; but maybe it's not so obvious to new spread bettors. You see, each of your open positions listed in the Open
Thursday, 12 July 2012
Beware... the 8am stop-out!
Posted on 08:22 by Unknown
I'm currently reading The Naked Trader's Guide to Spread Betting. Not because I need to learn financial spread betting, of course, but because I might spot something that I forgot to mention in my own Better Spread Betting book and which I might therefore want to include in a future second edition. Besides, I ought to have bought at least one copy of Robbie's book (I previously read it
Wednesday, 11 July 2012
Total Cost of Ownership (TCO) and the IG Index P&L Breakdown
Posted on 00:01 by Unknown
When your longer-term rolling position trades close out, it can sometimes be a little difficult to figure out how much money you actually made. Sure, the closing price might be higher than the opening price -- lucky you, on a long position -- but how much did the position cost you in overnight financing / rolling / funding charges while it was in play? And did you receive any dividend credits
Tuesday, 10 July 2012
When a Slow Stop-Out is No Bad Thing
Posted on 08:03 by Unknown
This morning I took it upon myself to establish a long position in a gapped-down stock, with a reasonably tight stop order placed not far below my entry price. The price fell further (of course) but didn't gap, and my stop order with ETX Capital stopped me out exactly as expected. Well done them.
When I checked on my identical position with SpreadEx I discovered I hadn't been stopped out, that
When I checked on my identical position with SpreadEx I discovered I hadn't been stopped out, that
Monday, 9 July 2012
Guaranteed Stops on Short Trades
Posted on 08:06 by Unknown
As I'm currently busy editing (not writing) a book on investing psychology, it's a short and sweet update from me today.
I've found myself entering more short trades recently than I used to. Not because I'm particularly bearish at the moment, but because I'm testing a new short trading "theory". I won't tell you just yet what my theory is, but I will tell you that I have found myself more likely
I've found myself entering more short trades recently than I used to. Not because I'm particularly bearish at the moment, but because I'm testing a new short trading "theory". I won't tell you just yet what my theory is, but I will tell you that I have found myself more likely
Saturday, 7 July 2012
What use are retrospective share tips?
Posted on 22:00 by Unknown
Few serious trading authors like me would ever presume to give out "share tips". For one thing, we're not regulated and authorised to do so.
Some of us -- but not nearly enough of us, in my opinion -- document our key trades retrospectively so that you (and we) can hopefully learn something about why those trades went well... or not.
When trying to promote my Trade of The Week feature on a
Some of us -- but not nearly enough of us, in my opinion -- document our key trades retrospectively so that you (and we) can hopefully learn something about why those trades went well... or not.
When trying to promote my Trade of The Week feature on a
Better Spread Betting is Not Only About Spread Betting
Posted on 01:39 by Unknown
Subscribe to Better Spread Betting by Email (I won't give your email address to anyone else)
You might have found your way to the Better Spread Betting web site because you read my Stop Orders or Position Trading book and one of the hyper-linked web addresses brought you here. Or you might have been redirected here from one of my previous financial trading web sites or blogs such as the 2009
You might have found your way to the Better Spread Betting web site because you read my Stop Orders or Position Trading book and one of the hyper-linked web addresses brought you here. Or you might have been redirected here from one of my previous financial trading web sites or blogs such as the 2009
Posted in betonmarkets, binary betting, cfd, fixed odds, plus500, position trading, stop orders, svsfx
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Friday, 6 July 2012
How to Meet a Margin Call with a Stop Order
Posted on 01:44 by Unknown
Jump straight to the book, or...
This morning I received a "Margin Call" email from SpreadCo asking me to deposit additional funds in order to keep my open trades alive. Don't be alarmed -- this is a small account (so it's not a big deal) in which I had pretty much invested 100% of my available trading funds; so the margin call wan't at all unexpected.
It does give me an opportunity to discuss
This morning I received a "Margin Call" email from SpreadCo asking me to deposit additional funds in order to keep my open trades alive. Don't be alarmed -- this is a small account (so it's not a big deal) in which I had pretty much invested 100% of my available trading funds; so the margin call wan't at all unexpected.
It does give me an opportunity to discuss
Thursday, 5 July 2012
Get "Better Spread Betting" by Email
Posted on 05:49 by Unknown
Jump straight to the book, or...
I know what a pain it can be remembering to visit the various web sites, blogs, and newsletters about trading in general and spread betting specifically. So I've made it easy for you to keep up-to-date with my "Trade of The Week" features and my other blog postings here at Better Spread Betting.
Just enter your email address in the box at the top of the right
I know what a pain it can be remembering to visit the various web sites, blogs, and newsletters about trading in general and spread betting specifically. So I've made it easy for you to keep up-to-date with my "Trade of The Week" features and my other blog postings here at Better Spread Betting.
Just enter your email address in the box at the top of the right
Wednesday, 4 July 2012
Trade of The Week: Reaching for the Skye! (again)
Posted on 04:29 by Unknown
Jump straight to the book, or...
The last time I wrote about Skyepharma was over at Financial-Spread-Betting.com in my article titled Reaching for the Skye! I described how I had secured a £45 (but it could have been £450 or £4500) profit thanks to the meteoric rise of Skyepharma shares in April 2012.
Oops, I did it again!
I've not yet done it again, but I'm doing it again.
Having sold out
The last time I wrote about Skyepharma was over at Financial-Spread-Betting.com in my article titled Reaching for the Skye! I described how I had secured a £45 (but it could have been £450 or £4500) profit thanks to the meteoric rise of Skyepharma shares in April 2012.
Oops, I did it again!
I've not yet done it again, but I'm doing it again.
Having sold out
Tuesday, 3 July 2012
Horses for Courses: Which Spread Betting Company?
Posted on 04:14 by Unknown
Jump straight to the book, or...
Over on my "Talk with Tony" page, Martin asked me an interesting question about which spread betting company I would choose as a preference. He asked...
"If it's not too personal a question, what spread betting company to you place the majority of your smaller (i.e. £1 Point Spread Bets wit) in practice?
I've noted (from your kind reply to my guaranteed
Over on my "Talk with Tony" page, Martin asked me an interesting question about which spread betting company I would choose as a preference. He asked...
"If it's not too personal a question, what spread betting company to you place the majority of your smaller (i.e. £1 Point Spread Bets wit) in practice?
I've noted (from your kind reply to my guaranteed
Posted in capital spreads, etx capital, financial spreads, intertrader, spread co, spreadco, spreadex, stop orders
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Guaranteed Stop Orders on the New Spread Co Platform
Posted on 01:34 by Unknown
Jump straight to the book, or...
Historically I was never a big fan of the Spread Co spread betting platform. As far as I can recall, this was because of difficulties in attaching stop orders -- and in particular, guaranteed stop orders -- to specific trades, which is an essential aspect of my position trading strategy.
With Spread Co having launched a brand new online trading platform, I've
Historically I was never a big fan of the Spread Co spread betting platform. As far as I can recall, this was because of difficulties in attaching stop orders -- and in particular, guaranteed stop orders -- to specific trades, which is an essential aspect of my position trading strategy.
With Spread Co having launched a brand new online trading platform, I've
Monday, 2 July 2012
Another Look at SpreadEx
Posted on 22:00 by Unknown
Jump straight to the book, or...
I don't use the SpreadEx spread betting platform as much as I use some of the others, and this may be because I have somewhat outgrown it. This may be a compliment rather than an insult, however, because I remember how much I liked the simplicity of SpreadEx when I was starting out with spread betting. In this context I can report that their new platform is very
I don't use the SpreadEx spread betting platform as much as I use some of the others, and this may be because I have somewhat outgrown it. This may be a compliment rather than an insult, however, because I remember how much I liked the simplicity of SpreadEx when I was starting out with spread betting. In this context I can report that their new platform is very
World Spreads and the Financial Services Compensation Scheme (FSCS)
Posted on 06:39 by Unknown
Jump straight to the book, or...
Today I was pleased to receive an email from the Financial Services Compensation Scheme (FSCS) with a claim form attached. If you've not received yours by 6 July, and if you are owed less than £50,000 by the spread betting company formerly known as World Spreads (or one of its former "white label" brands like Ladbrokes), then I understand you should call the FSCS
Today I was pleased to receive an email from the Financial Services Compensation Scheme (FSCS) with a claim form attached. If you've not received yours by 6 July, and if you are owed less than £50,000 by the spread betting company formerly known as World Spreads (or one of its former "white label" brands like Ladbrokes), then I understand you should call the FSCS
Capital Spreads: The Best Mobile / Online Trading Platform?
Posted on 04:35 by Unknown
Jump straight to the book, or...
If you've read my Better Spread Betting book, you will already know that Capital Spreads is one of my favourite spread betting companies. And now Money AM readers have declared it to be the Best Mobile / Online Trading Platform.
You can read my blog posts about Capital Spreads, and don't forget that I also like some other spread betting companies.
Disclaimer:
If you've read my Better Spread Betting book, you will already know that Capital Spreads is one of my favourite spread betting companies. And now Money AM readers have declared it to be the Best Mobile / Online Trading Platform.
You can read my blog posts about Capital Spreads, and don't forget that I also like some other spread betting companies.
Disclaimer:
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