Has anyone done the Finspreads learn to trade course?

http://www.finspreads.com/education_trading.asp

This seems ideal for the new spreadbetter, just wondering if anyone had done this and had an opinion?

It's not so much a course, as a series of 4 page leaflets they post you once a week for 8 weeks that describe their various products. I don't know why they don't send them all at once and save on the postage. If you know nothing about spreadbetting thery're worth a read, but don't expect anything too useful.

If you know nothing about SBing then their seminar they do in conjunction with Click Events and John Bartlett would be a decent choice.

If you do know something, then it would be better for you to simply try and learn something about a trading style that takes your interest. Spread Betting is simply a form of trading.

If you are going to set up an account with Finspreads (their not a bad SB company) then you may as well get the Trading Academy sheets they send out anyway. They don't restrict you are will do no harm even if you don't get much from them.

As senyorqueso said, it just depends on your current knowledge of SBing and trading in general.

An advantage of the course, if taken, is that you can trade at 1 penny a point, instead of the normal 50p. minimum. Don't expect to get rich doing that, though, but you won't lose much while practising, either.

Split

Cheers for the advice i will give it a go as there is no harm and i think small risk is a lot better than paper trading... As soon as there website allows you to sign up online as I get an error when i try. Unless anyone knows of any similar offers???

Although I dont use SB companies I am pretty sure that Fins allow you to trade at 1p per point when you open a new account without having to attend any course. This certainly used to be the case unless it has recently changed.


Paul

Trader333 said:

Although I dont use SB companies I am pretty sure that Fins allow you to trade at 1p per point when you open a new account without having to attend any course. This certainly used to be the case unless it has recently changed.


Paul

Click to expand...

Paul, just been pondering the tax question recently. i.e if you dont use SB companies do you set yourself up for Uk tax's?