Spread betting the Indices?

[theroguetrader]

Every trade is a gamble... it's just the odds that change!

As with gambling, I only trade with money that I can afford to loose. That's why I don't trade big at the moment. Once I've built up my trading capital I'll experiment with larger trades...

go and buy stocks - buy and hope is NEVER a good strategy !!

 

[RichieE]

If you trade the RIGHT TREND the RIGHT WAY you wont feel like your " gambling " so much

Yep - but trading with money you can't afford to loose is never a good idea! There is always a probability of the trade going bad... it's all about the risk/reward ratio.

 

[keano]

lol....id forgotten how funny 'theroguetrader' was! Just posted endless 'hindsight trades' telling us how many tens of thousands he'd made that day without an ounce of proof!

 

[pat.rice20]

I've never tried spread betting indices so far, but I know the platform I use - www.finspreads.com - offers the service. Is it worth trying?

 

[tomorton]

Go for it Pat. Their platform and service are so much better than they used to be. I think some other SB firms offer slightly beter spreads but unless you're scalping, which is a recipe for disaster anyway, this is not significant. Indices often much easier to TA than equities and not prone to bounce around or gap on company-specific bad news (or good).