Keen to try your hand at financial spread betting? Perhaps you re already investing in shares and looking for other strategies to maximise your profits. Or maybe you ve just heard the buzz and want to find out what all the fuss is about. Financial spread betting is an exciting tool for investors - a way to make money in up or down markets, without ever having to own a share. Best of all? It is tax and commission free. Perfect for smart, savvy investors like yourself! Financial Spread Betting For Dummies is your one-stop introduction to the world of spread betting. Packed with advice and examples, this guide tells you: * How to get started * Where you can spread bet * Strategies for successful betting * How to evaluate risks (of which there are many!) * What mistakes to avoid
Vanya Dragomanovich is Commodities Editor at FTSE Global Markets, and Commodities and Shares Editor at thearmchairtrader.com. A veteran financial journalist, she spent more than 10 years at Dow Jones Newswires, where she contributed often to the Wall Street Journal. David Land has been involved in the financial markets for well over a decade, working in stockbroking, analysis and education. He is a regular commentator on market conditions and trading and investing strategy, and holds a Master of Applied Finance from the Macquarie Applied Finance Centre.
Introduction 1 Part I: Getting Started with Financial Spread Betting 7 Chapter 1: Deciding Whether Financial Spread Betting Is For You 9 Chapter 2: Setting Yourself Up for Success 25 Chapter 3: Making the Most of Financial Spread Betting 35 Part II: Touring the Spread Betting Marketplace 47 Chapter 4: Spread Betting on Share Markets 49 Chapter 5: Taking on the World of Foreign Exchange 63 Chapter 6: Following the Big Guns: Spread Betting on Indexes 77 Chapter 7: Venturing into Commodities and Interest Rate Products 91 Part III: Keeping Risk Under Control 107 Chapter 8: Managing Risk: Your Key to Trading Survival 109 Chapter 9: Mastering Position Sizing 123 Part IV: Trading Strategies 131 Chapter 10: Making Informed Decisions Based on the Economy 133 Chapter 11: Understanding Trading Methods 151 Chapter 12: Taking Lessons from Hedge Funds 169 Chapter 13: Ah! Technical Analysis 179 Chapter 14: Charting Spread Bets with Software 195 Part V: Knowing Where You re Going 207 Chapter 15: Analysing Your Trading Behaviour 209 Chapter 16: Developing a Trading Plan 217 Chapter 17: Tracking Your Progress 231 Part VI: The Part of Tens 239 Chapter 18: Ten Common Mistakes Beginners Make When Spread Betting 241 Chapter 19: Ten Lessons for Dealing with Leverage 247 Chapter 20: Ten Ways to Plan Your Trades 253 Appendix A: Glossary 259 Index 279