B
Black Swan
On a scale of one to ten this gets a minus one; hope he's pleased/proud with the 'job' the Telegraph have done on him..hardly an explanation of how to win, more a definiton on how not to trade (any markets with any of his 'methods') IMHO...
Day traders: Simon Cawkwell, aka 'Evil Knievil', explains how to win at spread betting
The self-confessed compulsive gambler admits that its lure is making money from the financial markets free of tax, although these days he claims the intellectual stimulation is more important the riches.
Most of Mr Cawkwell's research is done on the internet and by speaking to people on the phone all day. Reading the newspapers, studying each company, arming yourself with a good instinct and nurturing an appetite for risk will also increase the chances of doing well.
But becoming a full-time professional takes complete dedication. In a rare burst of modesty, Mr Cawkwell pointed out that he might be the most famous proponent of spread betting, but there were hundreds of worthy gamblers who can give him a run for his money.
"People keep on publishing the fact that I'm successful," he said. "But there are plenty of other people around that make plenty of money." Most of the stocks he looks at closely are apparently not members of the FTSE Index, but smaller company shares that are more volatile and less well researched.
Day traders: 'Evil Knievil' Simon Cawkwell explains how to win at spread betting - Telegraph
Day traders: Simon Cawkwell, aka 'Evil Knievil', explains how to win at spread betting
The self-confessed compulsive gambler admits that its lure is making money from the financial markets free of tax, although these days he claims the intellectual stimulation is more important the riches.
Most of Mr Cawkwell's research is done on the internet and by speaking to people on the phone all day. Reading the newspapers, studying each company, arming yourself with a good instinct and nurturing an appetite for risk will also increase the chances of doing well.
But becoming a full-time professional takes complete dedication. In a rare burst of modesty, Mr Cawkwell pointed out that he might be the most famous proponent of spread betting, but there were hundreds of worthy gamblers who can give him a run for his money.
"People keep on publishing the fact that I'm successful," he said. "But there are plenty of other people around that make plenty of money." Most of the stocks he looks at closely are apparently not members of the FTSE Index, but smaller company shares that are more volatile and less well researched.
Day traders: 'Evil Knievil' Simon Cawkwell explains how to win at spread betting - Telegraph
