DJIA spreadbetting company

peterohare said:

I have accounts with IGIndex and Capital Spreads but neither of them offer the ability to spreadbet on DJIA. Does anyone know of a company that will let me do this. CityIndex says they do but in fact I don't believe they do on closer inspection. I am relatively new to spreadbetting and have read strategies on trading the DJIA daily but cannot find a place to do it. Any advice would be extremely helpful.
Regards

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TraderAli said:

Dude, do you have a strategy or are you just jumping right into it ?

Beware of the spread costs - I think its 4pips each side which means that you will not make a profit until your position goes positive 8+ points. This in other words mean that with a 10 point plus move on your side you will only gain 2 points profit spread betting the dow, which also means tough !

I am interested to hear if there are any successful day traders consistantly making a profit spread betting the Dow ?

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