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FAQ Page 1 - Question 03

Q: I'm just starting off in the Spread Betting world, what would you advise I trade?

A: Simple, trade what you know about. Most people don't know much about currencies or Bonds but understand stocks, so that in my opinion is where they should start out with Spread Betting.

But say you're an accountant working in a shipping firm, then chances are you're dealing with inputs/outputs in Sterling, US Dollars, Euros and Yen on a daily basis. In this situation you may well have a feel for those currencies or understand the market. If so consider currencies as suitable spread bets to trade.

Perhaps you're a chartered surveyor, which means you must know something about the property market. Why not look at property stocks as well as the overall stockmarket?

The average spread betting client in my opinion is a sophisticated businessman or women, and therefore should have some specialist knowledge in an industry or sector - Play to your knowledge and strengths

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