How to make money from financial spread betting

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Day traders: 'Evil Knievil' Simon Cawkwell explains how to win at spread betting - Telegraph

Aug 29, , I have recently started spread betting having spent months studying the subject. The rest just ran at losses even though I studied the charts for ages.

I am concerened about putting more money into this without knowing if it really is as good as the companies say. Is there anybody out there actually making money spread betting?

Originally Posted by bluedental.

Stuart Wheeler – the secret to making money from spread betting | The Spectator

I think there are porbably far more losers than winners, but what's most important to me is how I'm doing. I have more of a discilpined approach now and my trading is getting better, I tend to use more CFDs than spread betting, but use spread betting for positions i am holding for a few weeks, overall i am up but a fair bit on my account.

Originally Posted by gamma. Studying charts mean nothing if you don't know what you are doing, no amount of studying charts will help.

It would be worth your while to let us know what exactly you study in these study in these charts, look at captain currency's thread or newtrons system it might help you. The following members like this post: Bluedental, Lets start off with the fact you say 'you've studied the markets for months'. You know extremely little or next to nothing about trading. Also, if your reluctant to put more in because of rumours about people not making any money You mention also, 'the rest just ran losses' At this moment in time you are in the majority that lose money by believing they've 'cracked it' or 'it aint that hard, the market only goes up and down' ect, hence why you gambled your dosh.

If you wish to change this and not be on the opposite side to a winner then you need to join them and have the experience they do. Trading takes many, many months to understand, let alone know enough to be successful, this takes years. Good luck with your studies and research if this is the career you wish to succeed in. This is how I lost my money.

I would look at FTSE shares that had crossed their 40 day moving averages. Then I would look at the MACD to confirm the movement in that direction.

I would then look at the candlestick chart for confirmation and also a guide to where to put the stop loss. Then the trade was placed and hey presto, it goes the other way and I lose!! A friend of mine has been trading for years but will not spread bet, he says it is safer to actually buy the stock and then sell at a higher price and reckons the best way to lose money is to spread bet.

Any thoughts on this and my useless chart analysis method? Thread Tools Show Printable Version. Search this Thread Advanced Search. LinkBack LinkBack URL About LinkBacks.

Notices Join T2W today and enjoy a great package of benefits Page 1 of Originally Posted by bluedental I have recently started spread betting having spent months studying the subject.

Originally Posted by gamma Studying charts mean nothing if you don't know what you are doing, no amount of studying charts will help. Spread Betting Money Management. Mar 23, 5: Spread betting companies angles and pitfalls they use to relieve you of your money. Apr 9, Making Money With Spread Betting??

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