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Author Spread Betting
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
5th Aug 09 at 20:45   View User's Profile U2U Member Reply With Quote

Anyone do it?

Is there actually any skill involved?
AndyKent
Member

Registered: 3rd Sep 05
User status: Offline
5th Aug 09 at 20:47   View User's Profile U2U Member Reply With Quote

Speak to PaulJ, you want to see the length of the U2U he sent me about it a couple of days ago

I think he's been getting on alright recently, finding his feet with limits etc.
CorsAsh
Member

Registered: 19th Apr 02
Location: Munich
User status: Offline
5th Aug 09 at 20:48   View User's Profile U2U Member Reply With Quote

Is this like betting on how often CS females spread for babytime?
James
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Registered: 1st Jun 02
Location: Surrey
User status: Offline
5th Aug 09 at 20:48   View User's Profile U2U Member Reply With Quote

Yeh I spoke to Paul "Gordon Gekko" J briefly about it - I await his response.
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
5th Aug 09 at 20:50   View User's Profile U2U Member Reply With Quote

I also need to find out if there is a conflict of interest with my job.
AndyKent
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Registered: 3rd Sep 05
User status: Offline
5th Aug 09 at 20:51   View User's Profile U2U Member Reply With Quote

Are you directly involved with the financial markets? Thought you did IT?

Wouldn't have thought so really, unless you can hook a computer to go down right after you've placed your spread
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
5th Aug 09 at 20:52   View User's Profile U2U Member Reply With Quote

I'm a trading platform developer for an investment bank.

I've been told before that i'm not allowed to trade outside of a work account but not sure if that includes spread betting.
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
5th Aug 09 at 22:09   View User's Profile U2U Member Reply With Quote

You have to say whether you work in that sector when you sign up to ig index.

But, doubt it will stop you.

I trade on my iphone at work

Made £420 in 1 week last week, starting with a initial £100. Kinda fucked me up a tad with the whole pound reaching a all time high though.

I'll be having another crack soon.

Basically, you buy (bet it'll go up) or sell (bet it'll go down).

Main strategy is really range trading or trend trading. You may have a edge being a insider.

I just do it on Foreign exchange markets as they move quick enough that I can make money with a small initial deposit.

I've not traded, but watched the last couple of days, and you could've made a mint using trend trading (really tight limits, riding a trend all the way up or down).

I suggest, playing paddy power trader (demo account) to get to grips with it, then watch the markets for a few weeks (maybe paper trade) to learn patterns / general trends and then put money into your account and give it a crack.

I'm tempted to give it a go tommorrow as I'll be at home off work due to my blindness.
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
6th Aug 09 at 08:27   View User's Profile U2U Member Reply With Quote

What do you use to trade? I was looking at IG Index.

Where do you learn about all the strategies etc? I've probably got more knowledge about it than the average person but I still don't know a huge amount.

Paul_J
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Registered: 6th Jun 02
Location: London
User status: Offline
6th Aug 09 at 08:55   View User's Profile U2U Member Reply With Quote

Ig index.

Good community is trade to win...

www.trade2win.com
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
6th Aug 09 at 10:30   View User's Profile U2U Member Reply With Quote

Already a member of T2W.

I've emailed the compliance team to see if I'm allowed to do it.
willay
Moderator
Organiser: South East, National Events
Premium Member


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Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
6th Aug 09 at 10:32   View Garage View User's Profile U2U Member Reply With Quote

failing that James put the capital up and you can do it under my name, I'll only take a small commission of any successful trades.
a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
User status: Offline
6th Aug 09 at 10:35   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by willay
failing that James put the capital up and you can do it under my name, I'll only take a small commission of any successful trades.


% of the losses aswell willay??
willay
Moderator
Organiser: South East, National Events
Premium Member


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Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
6th Aug 09 at 10:41   View Garage View User's Profile U2U Member Reply With Quote

hes putting the capital up, plus we'd put in some stop gaps from James making me completely bankrupted
a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
User status: Offline
6th Aug 09 at 10:44   View User's Profile U2U Member Reply With Quote

ah you just the middle man then getting the inside info

must admit it all seems like a great idea being able to make £400 a week with little initial cost

id probably make a complete fuck up of it and loose lots

how do you decide on what to invest in
ed
Member

Registered: 10th Sep 03
User status: Offline
6th Aug 09 at 10:49   View User's Profile U2U Member Reply With Quote

What's spread betting
willay
Moderator
Organiser: South East, National Events
Premium Member


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Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
6th Aug 09 at 10:54   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by a_j_mair
ah you just the middle man then getting the inside info

how do you decide on what to invest in


No inside info, just helping out james and helping myself out...

you decide by doing research, its called technical analysis trading I think.

 
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