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I started doing some share trading
about 15 years ago. Did some research, but not a huge amount. Signed up to
online share dealing, and started with about 2k to play with, and added another
4k over the first couple of years - gambling money I could afford to lose if it
all went tits up.
Stuck mainly to larger companied (FTSE 250 type). Continued researching, but
didn't believe everything I read or heard too much. Pretty much used common
sense, and took the view it something sounded too good to be true, it probably
was!
As I got experienced, I moved to a more diverse spread of equities, and did
quite nicely and got up to about 40k by this time last year.
I had made some astoundingly astute buys, and some exceedingly bad buys, luck
helped that a couple of really good ones made a lot of money.
I took the view that markets were going to fall over the next 12 months, so
sold 80%, and bought government stocks (gilts), and pretty much put my feet up
waiting for the downturn which duly turned up.
You can make money spread betting.
But understand the risks...
I decided to create my
www.financial-spread-betting.com site in order to share my experiences
both exciting and frustrating, as I tried to make money trading the financial
markets.
Financial-Spread-Betting.com
is a leading source of spread betting news and insights, including research and
interviews with industry figures. It is designed to fill the gap between
traders and spread betting companies and we aim to answer all spread betting
trader questions with our daily, expertly written articles, and extensive
interviews with industry participants.
Our main advantage is our dedication and commitment to the industry.
As traders
and journalists we are able to have a close connection with both spread betting
companies and traders alike while our marketing people are able to make sure
that the site is readily found by people who have an interest in spread betting