Spread betting on FOREX

[maneki_neko]

Hi,

I have been burnt a couple of times when trying my hand at FOREX, and wondered if anybody else has had any long term success with it in the arena of spread betting?

I'd be grateful for any websites and/or books you might recommend on the subject. It seems like a very volatile area, with the potential for massive losses as well as substantial gains.

Thanks,
MN

 

[TAjammy]

The Financial Spread Betting Handbook: A Guide to Making Money Trading Spread Bets: Amazon.co.uk: Malcolm Pryor: Books

 

[maneki_neko]

Hi,

Thanks for the reply. I have read that book already, and it was indeed very good. However, it did not focus specifically on FOREX trading, which is what I was interested in learning more about.

Thanks,
MN

 

[brendansvest]

What sort of size/volume are you looking to trade?

 

[maneki_neko]

Hi,

Pretty small volumes - my account isn't very big at the moment, but I want to grow it. I figured that since FOREX provides quite a lot of volatility, that might be the place to go for good leverage. I also appreciate that it could lead to large losses, which is why I am looking for strategies that are appropriate for FOREX trading.

Thanks,
MN