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Spread Bets can be used

for longer term trading

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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
WARNING! - Spread Bet Broker Advice

There are good spread bet brokers and there are bad ones.

Having a good broker won't guarantee you profits but a bad broker will probably lead to losses as a combination of their gamesmanship and suspect software takes its financial toll.

So who do I recommend?

Simple, the 2 brokers I personally use for my own spread betting (and I've used them for years) -

FREE Report : How to Learn Spread Betting and Prosper
How to build the all-important trading experience
Where to get trading help and advice
Which broker to use and why
Simple 2 month training plan to follow
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