Hi,
Does anybody happen to have or know of any proven systems/strategies that can be used on a spredbetting platform?
Any thoughts on this would be much appreciated…
Cheers all…
Hi,
Does anybody happen to have or know of any proven systems/strategies that can be used on a spredbetting platform?
Any thoughts on this would be much appreciated…
Cheers all…
Yes, PRICE ACTION AND SUPPORT AND RESISTANCE.
Learn all you can about them.
I trade with acm and they have a limited risk system with stop-loss orders to prevent you from losing more money that you established. It is very efficient; it has worked for me every time.
not exactly a spread betting system but a signal service based on a trend following system - owner claims a 100% return…but doesn’t reveal the mathematics behind the signals…hasn’t been performing this great these last 6 months though but developer still maintains that it will work and followers should stick to his signals.
Hi luckystrike,
Forex trading can be classified in the UK as spread betting which makes it tax free for UK residents. So when you hear “spread betting”, it’s basically the same thing as regular spot forex trading. Unless you reside in the United Kingdom, there’s typically no advantage to opening a spread betting account rather than a regular spot forex account with a broker.
Don’t you get more money for your pips than on spot forex? The profit is not divided by the exchange rate after?
Most spread betters will standardize the pip value to be a pound per pip. But this isn’t anything new. To customize your pip value in a regular forex trading account you modify the amount traded. The larger the amount you trade, the more each pip is worth.
A lot of the information i found on spread betting i retrieved from thespreadbettingguide.co.uk, hope you find what you’re looking for.