Spread Bets can be used to
speculate on UK interest rates
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Last update : July 2010
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| I have traded them in the past and noticed the UK Short Sterling contract, when looking 9-12 months in the future, was often priced incorrectly. The market always tends to be either too optimistic or too pessimistic, ie forecasting that rates will either be a lot higher or lower than they actually turn out to be
Therefore money can often be made by going against the current market opinion. But as these markets generally move slowly you must be patient and be prepared to hold a position for many weeks or months.
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| The importance of getting the right spread bet broker |
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There are good spread bet brokers and 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. Read this page for more details.
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FREE Report - How to Learn Spread Betting and Prosper
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How to build the all-important trading experience
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Where to get trading help and advice
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Which broker to use and why
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Simple 2 month training plan to follow
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Download the FREE report |
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Read more in the Spread Betting section:
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