Compare Spread Betting Companies
| Women better spread bettors than men? |
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| Written by The Virgin Spreader | |
| Friday, 08 October 2010 10:54 | |
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It all comes down to having a cool head. According to Jadeja the percentage of female spread bettors continues to grow year-on-year. What is more he says that women actually possess a better spread betting mentality than men. He believes that females are naturally more cautious traders and thus prepare their spread betting research more effectively than their male counterparts. Apparently this is a view shared by several financial spread betting companies who have revealed that their female clients clearly outperform their male ones. I have in the past written a post on how those in older age brackets make better spread bettors. A five year study that was released late last year showed that over 50s are by far the most successful spread bettors. A full 40% more profitable than their 20-something counterparts, ending the myth that risk and results are the stuff of youth. Vince Stanzione suggests the research confirms that it is the cool attitude that the over 50s possess when he says: “I’ve long believed that, in the markets, results come from wisdom, not the hot-headedness of youth. But, even so, I was surprised to see just how well the ‘silver surfer’ traders fared: the over 50s performed 25% better than the 30-50 group and a staggering 40% better than the 18-30s, who were the least successful of the groups.” Lesson - spread betting success comes with a cool, calculated approach. |
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| Last Updated on Thursday, 21 October 2010 13:25 |
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.



