Compare Spread Betting Companies
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The Spread Betting Comparison Chart gives insight into the various providers according to the value added services they bring their clients.
Be it market updates, iPhone App's, customers support, technical tools - they judge the providers according to the effort they have put into their offerings. |
| Aviva: From sell to buy on a technical basis |
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| Written by Sam Coventry | |
| Wednesday, 18 August 2010 08:33 | |
Spread betting Aviva was a focus of our morning report yesterday with a Sell on a technical basis being called for in the short term, but a Buy being a wiser option in the long run.
This morning Delta have noted that Aviva is now in fact a Buy, again, citing a favourable MACD crossover. We can look at this in two ways: These calls on Aviva give spread betting participants some indications as to where some good spread betting opportunities lie, or, this shows up an inherent weakness in spread betting according to technical analysis alone. Indeed yesterday's recommended Stop at 382 would have been smashed as shares shot up to the 400p mark. We did warn that those looking to spread bet Aviva should rather be taking guidance from the news surrounding the RSA / Aviva acquisition story. The fundamentals are just too strong at present. Nevertheless Delta Index have suggested this morning that Aviva is a Buy on a technical basis. A MACD crossover has seen Delta call for a Buy at 395 with a stop being set at 367 and profit being booked at 452. At present Aviva shares are 0.64% lower with the recommended Stop loss being perilously close to being breached. But, if the shares are able to consolidate this could be worth a shot as there is a great deal of bullish momentum behind the insurer. |
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| Last Updated on Monday, 06 September 2010 14:21 |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
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Spread betting at a glance
- Spread betting is a financial product that allows retail and professional investors access to the widest possible number and types of exchange traded instruments.
- The spread betting company that you trade through is the market maker, the trader does not actually take ownership of any underlying product. Hence, most jurisdictions do not charge stamp duty on any gains.
- The notion that you don't actually own the product ensures spread betting platforms are able to almost instantaneously execute orders on behalf of their client.
- Spread betting is a leverage product, your money is able to realise you impressive gains as your earnings come in multiples of the actual change in the underlying product that you are trading.
- This is of course where spread betting can also go spectacularly wrong. Losses can be huge, therefore we advise those that are spread betting, or are looking to go into spread betting, to enter each trade with a well thought out strategy. This also means setting a pre-determined stop loss so that losses are cut at a manageable level.
- This website is here to offer more insight into this fascinating trading instrument.