ive been in and out of the market for a few years now just trading bits here and there and have done quite well but recently ive been reading more and more about spread betting. I quite fancy a go at it but im just a little unsure for some reason. does anyone do any spread betting here they can give me some advice i.e. do you target specific markets? or whats your strategy? do you use a stop loss, if so how much?. also any examples of spread bets you have made and done well out of? or done really badly out of and thought im getting out?
I think whats putting me off as I used to trade quite a lot and made a lot of money but got carried away with lots of open positions and when the market nose dived I lost a lot of money too - it was so bad most days I was sick because of the amount of open positions I had but although I lost a lot I was still up by a huge amount from my initial outlay. once bitten twice shy comes to mind...
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does anyone do any spread betting?
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peggyundercrackers · 18/10/2013 20:13
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