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. |
| Brent crude spread betting: Will April highs be tested? |
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| Written by Sam Coventry |
| Monday, 25 April 2011 14:54 |
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A look at the latest action from the commodities market. Those spread betting brent crude prices will note that prices are on pace to test the April 11 high at $113.44, a barrier reinforced by support-turned-resistance at a rising trend line set from the lows in mid-February, with a breakout to the upside exposing the $115.00 figure. Initial support lines up at $109.37, the 23.6% Fibonacci retracement of the 3/16-4/11 advance. Risk sentiment trends remain in focus for spread betting traders, with short-term correlation studies pointing to the strongest link between the WTI contract and the MSCI World Stock Index in four months (0.71). With that in mind, S&P 500 stock index futures are pointing higher ahead of the opening bell on Wall Street, hinting the path of least resistance favors the upside over the near term. With that in mind, a sharp rise in Treasury yields ahead of this week’s 2-, 5-, and 7-year bond sales amid fears that the recent S&P downgrade of the US’ credit outlook will boost borrowing costs may prove to weigh on sentiment. Therefore, spread betting traders will keep an eye on Monday’s sale of $56 billion in 3- and 6-month paper to set the tone for longer-term maturity auctions later in the week. |
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.