Newbie on the Nasdaq

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Old Dec 10, 2012, 5:56pm   #1
Joined Apr 2005
Newbie on the Nasdaq

Hi

I currently have a spread betting account which is fine, but dealing small amounts to get started, i am finding the Nasdaq too big to trade, for a newbie like me. I think it is trading at 0.1, are there any other spread betting companies who deal in smaller amounts as 0.1 too heavy for a newbie like me. Also interested in Apple but this is way too big is there anybody else out there who deals in smaller sums. Any info would be great.
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Old Dec 10, 2012, 7:37pm   #2
 
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Joined Nov 2009
Re: Newbie on the Nasdaq

Quote:
Originally Posted by pander View Post
Hi

I currently have a spread betting account which is fine, but dealing small amounts to get started, i am finding the Nasdaq too big to trade, for a newbie like me. I think it is trading at 0.1, are there any other spread betting companies who deal in smaller amounts as 0.1 too heavy for a newbie like me. Also interested in Apple but this is way too big is there anybody else out there who deals in smaller sums. Any info would be great.
If the nasdaq and Apple are too large to trade, why would you not try out your strategy on something that is smaller but still capitalised/liquid enough. Then should your strategy prove successful then your account will rise sufficiently for you to trade these markets. Just a suggestion
You are UK based so why not try lloyds. very small price, but very liquid
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