Bankroll management is one of the less interesting topics surrounding financial spread betting but to be a profitable trader it’s a vital skill. Spread betting the financial markets can be highly volatile and at some point every trader will lose or have a series of losing trades. It’s the nature of the game. Having all or most of your money exposed in open positions is a sure fire way of ending up broke. To be a successful trader your bankroll needs to be able to handle significant swings that can arise as part of trading the markets.
Having just 2 or 3 trades worth of funds left in your account is going to affect the decisions you make as a trader as it becomes more important that you win those trades. Effective bankroll management allows traders to withstand a series of losing trades without it having an impact on their bankroll.
For most casual players a bankroll might not seem too important but trading the markets with an under funded bankroll can be a costly business. If you want to improve and be a profitable trader its important to be able to monitor how well you are doing while giving yourself the best possible chance of improving without having to break the bank time and time again.
The Trading Spreads website offers a number of articles on bankroll management for the spread bettor. Defiantly worth a look if your serious about trading.
Monday, 4 January 2010
Thursday, 1 October 2009
Financial Spread Betting - The History
Financial spread betting was once the financial tool of a select group of city traders. This financial phenomenon introduced to the city just 40 years ago by a man called Stuart Wheeler has made many on the right side of the spread huge sums over the years.
Mr Wheeler introduced this form of financial trading to a group of friends allowing them to speculate on the forthcoming weeks gold price. The gold boom of the late seventies caused sparks to fly as city traders got wind of potentially huge returns available through this new form of financial speculating.
The demand by city traders prompted Wheeler to open the first ever spread betting company known today as the IG Index but formally as the Investors Gold Index. Spread betting was born and for several years IG Index held a monopoly over spread betting been the sole supply of this service.
Commodities, currencies and indices were added to the range of instruments available by spread betting firms which lead to continual growth throughout the 80’s.
The 1990’s saw spread betting take off with the introduction of the internet. Spread prices could now be relayed to punters in real time, trades could be opened and closed much faster and more and more products became available through one platform. Private investors began to get wind of this lucrative form of investing seeing an increase in the number of people trading spreads this was also fuelled by the introduction of shares and just about every other financial instrument available. Find out more about the history of finacial spread betting here... The history of financial spread betting
Trading Spreads - The most exciting form of investment on earth, find out more about financial spread betting at Trading Spreads.
Mr Wheeler introduced this form of financial trading to a group of friends allowing them to speculate on the forthcoming weeks gold price. The gold boom of the late seventies caused sparks to fly as city traders got wind of potentially huge returns available through this new form of financial speculating.
The demand by city traders prompted Wheeler to open the first ever spread betting company known today as the IG Index but formally as the Investors Gold Index. Spread betting was born and for several years IG Index held a monopoly over spread betting been the sole supply of this service.
Commodities, currencies and indices were added to the range of instruments available by spread betting firms which lead to continual growth throughout the 80’s.
The 1990’s saw spread betting take off with the introduction of the internet. Spread prices could now be relayed to punters in real time, trades could be opened and closed much faster and more and more products became available through one platform. Private investors began to get wind of this lucrative form of investing seeing an increase in the number of people trading spreads this was also fuelled by the introduction of shares and just about every other financial instrument available. Find out more about the history of finacial spread betting here... The history of financial spread betting
Trading Spreads - The most exciting form of investment on earth, find out more about financial spread betting at Trading Spreads.
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