10 Spread Betting Tips to Help Avoid Tragedy
GFT are publishing ever more data to help you improve your trading. It was not a big surprise to see them win the 2008 Shares Magazine Award for Best Active Trading Tools.
For anyone one who doesn’t want to wade through our tips, GFT have provided a quick “10 Spread Betting Tips to Help Avoid Tragedy”. Every day this week we will be publishing two new GFT tips.
Tip 1) Know the markets before you trade
We simply can’t overstate the importance of education. Learn as much as you can about the markets so you can make informed decisions about your trades.
“You would never buy an automobile without test driving it, so you shouldn’t place your first real trade without learning the ins and outs of the market”, Kathy Lien, Director of Currency Research, GFT.
Tip 2) Develop a strategy and stick to it
Create a plan to guide your trading. It should include your profit goals, risk-tolerance level, methodology and evaluation criteria.
Also see GFT Trading Account and Product Review.
The above comments do not constitute investment advice and neither GFT nor Clean Financial accept any responsibility for any use that may be made of them.