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. |
| BP Plc shares head lower: Target 421 |
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| Written by Will Peters |
| Tuesday, 26 October 2010 09:00 |
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Spread betting providers Delta Index call sell on BP. BP Plc (LON:BP) shares are a sell say the equity analyst team at spread betting firm Delta Index. Delta Index have called a sell on BP shares from a pivot point of 430 after witnessing a Triple Moving Average Crossover. Those looking to trade BP should see 435 as being a stop level should the market turn. (>> Download the GFT guide to understanding how charts could indicate a reverse in direction). 421 would be an initial take profit level. BP shares are up on the day but are facing downward pressure in line with a subdued FTSE 100 The FTSE 100 was called to open lower this morning as investors await domestic Q3 GDP data to determine their next moves followed by figures from the US later in the session. US stocks rose again driven by the weaker dollar on continuing expectations of a further round of US quantitative easing but Asian stocks were trading lower this morning. Looking at the corporate news we see that ARM Holdings has announced Q3 results that saw a 60% rise in PBT to £38.8m on normalised revenues ahead 34% at £100.4m. In dollar terms, revenue increased 29% to $158.1m, all of which appear ahead of expectations. It added that the period had been good and entered the final quarter with positive momentum and expects sequential group dollar revenue growth in Q4. Further out, despite the uncertain macro-economic environment, ARM remains well-positioned for growth with leading semiconductor companies increasingly adopting its technology in a broadening range of end-markets. |
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.