Financial Spread Betting For Dummies

by Vanya Dragomanovich, David Land

Overview

Keen to try your hand at financial spread betting?  Perhaps you’re already investing in shares and looking for other strategies to maximise your profits.  Or maybe you’ve just heard the buzz and want to find out what all the fuss is about.

Financial spread betting is an exciting tool for investors - a way to make money in up or down markets, without ever having to own a share. Best of all? It is tax and commission free. Perfect for smart, savvy investors like yourself! Financial Spread Betting For Dummies is your one-stop introduction to the world of spread betting.

Packed with advice and examples, this guide tells you:

• How to get started
• Where you can spread bet
• Strategies for successful betting
• How to evaluate risks (of which there are many!)
• What mistakes to avoid

Product Details

ISBN-13:	9781118638545
Publisher:	Wiley
Publication date:	06/07/2013
Series:	For Dummies Books
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	312
File size:	4 MB

About the Author

Vanya Dragomanovich is Commodities Editor at FTSE Global Markets, and Commodities and Shares Editor at thearmchairtrader.com. A veteran financial journalist, she spent more than 10 years at Dow Jones Newswires, where she contributed often to the Wall Street Journal. David Land has been involved in the financial markets for well over a decade, working in stockbroking, analysis and education. He is a regular commentator on market conditions and trading and investing strategy, and holds a Master of Applied Finance from the Macquarie Applied Finance Centre.

Table of Contents

Introduction  1

Part I: Getting Started with Financial Spread Betting  7

Chapter 1: Deciding Whether Financial Spread Betting Is For You 9

Chapter 2: Setting Yourself Up for Success 25

Chapter 3: Making the Most of Financial Spread Betting 35

Part II: Touring the Spread Betting Marketplace  47

Chapter 4: Spread Betting on Share Markets 49

Chapter 5: Taking on the World of Foreign Exchange 63

Chapter 6: Following the Big Guns: Spread Betting on Indexes 77

Chapter 7: Venturing into Commodities and Interest Rate Products 91

Part III: Keeping Risk Under Control  107

Chapter 8: Managing Risk: Your Key to Trading Survival 109

Chapter 9: Mastering Position Sizing 123

Part IV: Trading Strategies  131

Chapter 10: Making Informed Decisions Based on the Economy 133

Chapter 11: Understanding Trading Methods 151

Chapter 12: Taking Lessons from Hedge Funds 169

Chapter 13: Ah! Technical Analysis 179

Chapter 14: Charting Spread Bets with Software 195

Part V: Knowing Where You’re Going  207

Chapter 15: Analysing Your Trading Behaviour 209

Chapter 16: Developing a Trading Plan 217

Chapter 17: Tracking Your Progress 231

Part VI: The Part of Tens  239

Chapter 18: Ten Common Mistakes Beginners Make When Spread Betting 241

Chapter 19: Ten Lessons for Dealing with Leverage 247

Chapter 20: Ten Ways to Plan Your Trades 253

Appendix A: Glossary 259

Index  279