The purpose of this site is simple. To share information and opinion to help each other profit from share dealing and spread betting.

There are three main things you need to know if you are thinking about sharedealing, spreadbetting or other market based investments:

On this site you will find information relating to all 3 topics.  If you are serious about making money then please take a few moments to read what is here.  Although most of the content is related to Spread Betting a great deal applies to all market based investments.

Spread betting is very simple in theory. Buy low – sell high, or short high– cover low. A glance at most share prices shows times when a lot of money could be made quickly just by trading at the right time. What can go wrong?

The simple fact is that most people who try spread betting lose money. Some people lose a LOT of money. Here’s why.

• The odds are stacked against you. Like any other form of gambling the house always wins. In this case it is the spread that provides their margin. You have to get the direction right and beat the spread before you make a profit.
  
• You don’t know the rules. When the price moves against you how much should you let it go before closing at a loss? If you do not understand a shares natural movement you will be prone to over or under reacting to movements. You can lose a lot of money very quickly by closing bets for a loss when they would have came good if you had waited. You can lose even more hanging on for a turnaround that may not happen until after you lose your stake.
  
• You don’t have a system. The purpose of any system is to swing the odds in your favour.  You will not win every deal no matter how hard you try, but with a system you should be able to pick more winners, and to know how much to stake on each trade.  It really is that simple.
• How will you react 'under fire'.  Most people are quite capable of making plans and decisions about what to trade and when.  Where the difficulty often arrises is in sticking to the plan.  Trading is a balance of fear and greed - both are necessary, but too much of either can make you poor.