Spread Betting Strategy for Limiting Losses with Free Trading Tools
LONDON, April 20, 2012 /PRNewswire/ --
Spread betting is the act of trading on the future price movements of over 12,000 financial markets around the world; includes shares, commodities, currencies and indices.
Due to spread betting's low margin feature, with spread betting provider City Index, you'll be able to take a position on your chosen market for an initial deposit typically between just 1% and 10% of the underlying market's price.
Whilst this allows new traders to benefit from easy access to the financial markets, when compared to more traditional forms of trading; it also presents increased risk.
As the total trade value is much higher than your initial deposit; you run the risk of losing more than your initial deposit if the market moves against your position and you do not enforce risk management tools to curb losses.
With this in mind, we aim to help you to limit your losses and maximize profits by building your spread betting confidence and knowledge through the below guide.
Learn to trade using free trading education tools and resources from City Index, such as a demo trading account where you can practice trading on live price movements at zero risk.
Learn to Trade with Free Trading Tools
Innovative and accessible online trading tools and real-time financial news and trends have opened up opportunities to speculate on market movements.
Spread betting provider City Index offers traders a suite of trading education tools and resources to help them make better-informed spread betting decisions with the aim of limiting losses and maximising profits.
The City Index online trading platform enables spread bettors to:
- Utilise Stop loss Orders to curb losses automatically at predetermined levels
- Utilise Limit Orders to lock in gains automatically
- Place and monitor existing trades from their computer 24-hours a day
- Instantly access real-time financial news and analysis feeds from Dow Jones Newswires
- Access the interactive live pricing charting package, including a range of technical analysis tools
In addition, City Index offer free trading webinars that you can access at any time, from any browser; held by a team of spread betting experts, investors can learn at their own pace and at a time to suit them.
Summary
Start spread betting with City Index by opening an account online. Alternatively, you can practice first with the demo spread betting account, also available through their site.
It is important to remember that as a leveraged product, spread betting can result in losses greater than your initial deposit. Ensure you fully understand the risks.
About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.
We constantly look to improve the performance of our platforms and expand our range of services. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support.
SOURCE City Index
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