My Quest for Knowledge
I first cut my teeth in the Square Mile in the winter of 2002. I was young, fresh-faced and straight out of university; keen but maybe a little naïve about the way the investment world really worked… A few years ago I discover a whole new world of opportunity: spread betting on the financial markets.
Anyways, I hit the local store and started reading as much as I can. It’s surprising how little number of good books cover spreadbetting. So I started browsing on the internet and searching for spread betting material. Finally found a one that I had actually heard about before called: Financial Spread Betting – A Trader’s Guide. The slightly simple cover art disguised the true brilliance of the content within. After a quick skim through the first few sections I was sold.
So here it begins, my attempt to make a killing off spread betting.
Naive? Perhaps. But as Ralph W. Emerson said: ‘Every artist was at first an amateur’, and I sure am attracted to the world of spread trading!
No need to reinvent the wheel
Hey, if it’s good enough for trading professionals then its good enough for me. After all, this is I’ve started researching on the subject.
Why bother making foolish newbie mistakes when I can learn from the mistakes other people have made? If the authors have the knowledge, skill and ability to publish a site about it, then I’m sure they’re doing something right! I’ll try to follow the tips, concepts and strategies used by the best and see if this whole spread betting thing actually works.
So here goes my trading diary…
So what is this site about?
Spreadbettingportal.com is what it states. The site is my personal keep me straight diary. There is the temptation as a beginner spread bettor to stray from the rules. This site will hopefully help me document my trading and learn from my mistakes. As I learn new techniques, read new books and hopefully trade better I will add to the site and pass on what ever wisdom I acquire.
Left in drifting in the wake of the financial markets. Distraught, disengaged and deflated… and back at work 9 to 5… or with a dream now in pieces and the effects of cynicism creeping in. I have been there! But the hobby I am most passionate about is my trading. Can’t quite say why. I see it as a challenge. I love to learn and the markets always have something new to teach you.
This site provide reflections on lessons learned from my own personell trading, what seems to work, what doesn’t and what will definitely LOSE you money!
My aim is to show you in a clear and simple way, how you could be making money playing the stock markets.
If you’re new to the idea of shares…..Don’t panic…..Spare 10 minutes to see the benefits you could receive from stock trading at home.
One way to get into ‘Trading’ is by ‘Financial Spread Betting’
Why? Because ‘Spread betting’ allows you to make money by correctly judging the direction of movement in the markets. So you can profit when prices rise and when they fall.
This is a very important factor as it allows anyone to effectively run their own ‘Hedge Fund’ – Just like the high street banks.
Hi, I’m Vanilla
You know, people either love or hate spread betting. Some folk blame spread betting for sky-high oil prices, and the collapse of banking stocks. Others warn that it’s risky and addictive.
But financial spread betting has a growing number of supporters, who point to traders ability to profit from markets whether they’re going up or down. And all without stamp duty and capital gains tax! Yes, spread betting isn’t for everyone. That’s why I created this website. Learn the ropes. Kick the tyres. See if this exciting new industry appeals to the trader in you. – Enjoy, Vanilla
I am an avid adventurer, life-experimenter and stock market trader, in search of the extraordinary. I have mixed smarts, nerve, disciplined study, years of practice, a knack for figuring odds on the fly, and fleet brain-to-thumb reflexes. If you are looking to live life on your terms and gain financial independence, you are not alone. This is a place to start.
Resource sites are becoming quite popular. A site full of trading resources is one of the best ways to help a trader determine the best direction they should take when deciding exactly how it is they wish to trade. For example, do I trade forex or stocks? Do I trade short or longer term? What are the best indicators and the best ways to use them? Then there are tools, articles, forums, and much more. This is what SpreadBettingPortal.com has always been about, building a resource site for traders.
What would you like to see in a resource site? If you have any ideas, please let me know. All you need to do is to send me a message.
Disclaimer and Risk Warning
This spread betting website is for educational purposes only. I do not make any recommendations about particular stocks, bonds, options, securities and derivatives of any kind. I disclaim any liability for loss or risk incurred as a consequence of the use and misuse, either directly or indirectly, of any or all the information presented within this document.
I can give no guarantee of earnings or of profitability. Betting on financial markets is highly speculative and you are advised not to bet with money that you cannot afford to lose. I’m well aware of how easy it is to lose money on spreadbets, I’ve been there, got burnt, tried again and got burnt a little less but I’m a very determined bugger and while I’m not the sharpest tool in the shed i generally find a way.
Note also that profits derived from spread betting are free of all UK capital gains taxes, though applicability of tax benefits is subject to status and nation of residency. Tax laws can change and may differ according to your personal circumstances. It is therefore, advisable to seek independent tax advice.
The markets I mention in this guide are for illustrative and educational purposes only. How you use the information that is presented within is entirely up to you. I am in no way liable for your trading activities resulting from information obtained from this document.
Additionally, please note that spread betting, CFDs and forex are leveraged products that carry a high degree of risk to your capital and it is possible to lose more than your initial investment.
If you do chose to speculate, you should only do so after conducting your own research and analysis, and with money that you can afford to lose. These investments may not be suitable for all investors. Please ensure that you fully understand the risks involved and seek independent advice if necessary prior to entering into any such transactions.
Ultimately all investment decisions are made by you. Only use capital that you can afford to lose. YOU and only YOU are accountable for your actions, enough said.
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