A question to successful spread betters

Basically, what you are saying is I cannot place bets all day long If they are always lagging behind, the only bet I can place is the one that don't lag behind and I should be watching for those rather than the trend or breakouts. Sorry, but that sounds insane. If that's the case, you guys are right, one can only bet few a day. I thought I was able to place bets anytime during the trading hours.

I am not sure if you understand what I mean.

Look at it from this viewpoint. If you were a SB company, would you let a trader do what you are proposing or would you tell them to sling their hook?

I concur, Hoggums.

No probs....






.

If I were a SB firm, I'd make sure that there won't be laggin quotes to cut losses in the first place. If for some reasons (e.g. technically) that's not possible, I'd include it in the spread so that the firm don't lose out.

After all, your local supermarket don't say, you can only purchase a tin of baked beans between 2pm - 2.15pm, do they? If shop is open, shop is trading.

It means "the Myth" is true. You can't make money with spreadbetting.
Because no matter how good you are with your research, chart reading etc, they won't allow you to win.

Precisely.

And so we have to work out how we can make money despite this. As far as I know, people are making money via SB firms. These firms hedge your positions, though. They cannot make money if you're using ADVFN to predict the movement of their prices.

OK, according to other threads, sb firms' interpretation of "overtrading" is something like 20 - 30 bets per day. It means that 50 bets per day is not possible. So the only way to do is to spread it by using two or three sb accounts simultaneouly. However, it means that you'd have to spread your seed capital, many windows opened at the same time and possibly have two or three laptops/pc and mouse (I mean mice). I can already see myself frantically flicking between different windows Pitty, I've only got two arms. But really, it kills the spontaneity side of trading as I would have to rely on planning ahead, placing orders to be triggered. Boring.

SN,

What did you mean by this as it has me curious ?


Paul