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May 14, 2020 • 5 tweets • 3 min read
Financial spread betting is still a popular trading option as it is tax-exempt and a leverage product.
But what makes some spread bettors successful? What makes them to stand out from the masses?
#spreadbetting #trading #success #Trader
(it is a thread) Image
1. Don't over-leverage. Leverage is one of the pillars of financial spread betting and should be treated with caution; it can amplify your profits but it can do the opposite as well if not treated with respect.
Keep your leverage in check.
independentinvestor.com/spread-betting…
2. Don't over-trade. Just because spread betting is available 24/5, it doesn't mean you should trade all the time and make as many trades as possible.
Do your own research and only trade when you think it's the right time.
Control your trading risks.
independentinvestor.com/spread-betting…
3. Don't gamble. Gambling is probably the most common reason why most of the traders and spread bettors lose money. If you are serious about spread betting then you should do your homework and apply your own strategies.
Spread betting is NOT for gamblers.
independentinvestor.com/spread-betting…
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Do people still use forex and other trading forums?
Forums still play an important role as it is an easy way to share your trading ideas and talk to fellow traders.
Here are a few ideas why cfd and forex forums are still good:
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There are many trading instruments to choose from... let's take CFDs, forex, and financial spread betting to start with. On forums, traders share about their experiences and help you to choose the right instrument for you.
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Jan 9
Looking for the best forex account?
What do you check and how do you find the best forex broker for you needs? What does it take to find a good forex account to be safe and concentrate on trading?
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1. Reputation.
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Independent Investor Profile picture
Jan 8
What is the deference between Contracts For Difference and financial spread betting?
Let's get the main points right and see what they have in common and where they actually differ.
spread betting vs CFDs
independentinvestor.com/cfd/cfds-vs-sp… Image
1. Both, spread betting and CFDs, offer a wide range of markets to trade; you literally can trade practically anything with both instruments - indices, shares, commodities, cryptos, forex, etc. It's incredible, you can trade almost anything.
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Jan 7
What is the best spread betting broker?
This is the questions many might be asking and there is no right or wrong answer.
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independentinvestor.com/spread-betting… Image
1. Regulation. Make sure your financial spread betting broker is regulated by the FCA. The FCA do their best to protect spread betting traders and anybody involved in trading financial markets to make sure people only trading with reliable brokers.
2. Spreads and overnight charges. Those will play a huge role in your trading career as every single penny you pay in charges is a penny saved and thus profit. Make sure you compare and read reviews about spread betting brokers.
Read 6 tweets

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