|
Spread Bets can be used for longer term trading
|
|
|
Last update : March 2010
|
| Spread Bets are excellent tools for trading the markets with a longer term perspective and personally I'm surprised more people don't take advantage of them for this use.
Many short term and day traders struggle to make money over time, not because they continually lose money on their trading positions, rather that the cost of doing business eats into their profits with a vengeance.
|
|
|
| Yes, Spread Bets don't levy commissions but the bid-offer spreads are normally far from cheap.
Some advantages to longer term trading include -
|
- Less pressure
- Far cheaper dealing costs because less trading is done
- Not chained to the screen watching every point up and down
- Generally easier to trade as you're focusing on the bigger picture and not the everyday market noise and hype
|
|
|
Read more in the Spread Betting section:
|
|
|
|
|
|
| Looking for something? Then search this site: |
|
|
|
|
|
|
|
Got any feedback? We'd love to hear your views - Contact
|
