Hello everyone, this is my first post on T2W and I just wanted to introduce myself to everyone here.
My name is Simon, I'm 23, I have been investing in Stocks & Shares for about a year now (through UTs and OEICs) making some very good returns on my investments and I would like to have a go at trading!
The research I have carried out thus far would sway me toward trading through Financial Spread Betting, due to the tax relief and absence of trading fees mostly, they seem to be the most profitable way to trade.
I am mostly interested in spread betting on UK Equities to begin with, as this is the market that I have the most knowledge over, however I may eventually look to expand into global equity markets and forex trading.
Really the first question I have is what do I need to get started as a trader.
I'm assuming I need a broker offering financial spread betting, a good data feed, and a decent pot of money to get me going. Anything else?
Which broker and data feed do you guys recommend? What are the pros and cons of each? And what would you advise for someone starting out?
Thanks for reading, I look forward to catching some of you around the forums.
Simon
My name is Simon, I'm 23, I have been investing in Stocks & Shares for about a year now (through UTs and OEICs) making some very good returns on my investments and I would like to have a go at trading!
The research I have carried out thus far would sway me toward trading through Financial Spread Betting, due to the tax relief and absence of trading fees mostly, they seem to be the most profitable way to trade.
I am mostly interested in spread betting on UK Equities to begin with, as this is the market that I have the most knowledge over, however I may eventually look to expand into global equity markets and forex trading.
Really the first question I have is what do I need to get started as a trader.
I'm assuming I need a broker offering financial spread betting, a good data feed, and a decent pot of money to get me going. Anything else?
Which broker and data feed do you guys recommend? What are the pros and cons of each? And what would you advise for someone starting out?
Thanks for reading, I look forward to catching some of you around the forums.
Simon