sarahsparkeye

[sarahsparkeye]

Hello everybody,
Can you make money having 2 spread betting accounts maybe buying the dow on one and at the same time selling the dow on the other account. Is there any system that you could get a points difference to your advantage doing such trades?
Looking forward to response.

 

[wasp]

ask gammajammer, his favourite technique on FX

 

[elitejets]

I would think you could if one was a long term book and one was a short term book ...
Nicola

 

[Hoggums]

If you want to be long and short and don't mind being in long term trades you should look at option straddles. Don't bother with daily options - the vol premiums are too heavy - trading monthlies works best. With todays volatility they can be very profitable.

If you buy an option it has a limited downside and can never get stopped out no matter where the market is and unlimited upside.

However if you time things badly and get stuck in a ranging market the time expiry can eat away at your profits. That's not something to worry about at the moment! However it is a game of patience because you won't make a lot of profit in a day.

 

[tenrocket77]

i like the idea of the monthlies, especially coming out of a short trading month, even picking up monthly options on a stock like BAC when it dips down below $4 ( even though it closed the day at 4.90) you can get it at almost a 3rd of the cost with all the risk. holding this through march might show oppurunity, even with all the banking woe's thesed days

 

[everyonerich]

gbp/jpy & usd/jpy pair. 1h chart, +94.8 correlation

Reference