Good to hear I'm not the only onw who doesn't use stops. Maybe worth trying IG or GFT they don't require us to use stops.Hello There . Only Joined here today . Started trading this year . Switched to spread betting about 6 weeks ago to avoid commission , stamp duty and capital gains tax on the regular share dealing . After reading about half of the posts in this thread . Some providors are better than others . I'm relitively happy with my providor so far , they are a dedicated spread bet providor , don't do sports betting or regular share dealing . I've heard some scare stories about some providers . One of the things I don't like about one provider is the automatic stop losses they provide which can close you out at an unnecessary loss very quickly . I have to manually set stop losses , which I normally don't do .
I have one rolling bet running for nearly 6 weeks now and i'm going to leave it running until i'm well back into profit .
I look at the spread betting as a tool .