If you spend most of your time working on the web (like me) and much of your time spread betting (like me) you may be beginning to wonder if you need a proper PC at all, and whether one of the stripped back web-browser-only Chromebook computers might be more appropriate for your needs. Chromebooks will […]
Archive | spreadco
My 2012 Christmas Wish: Trailing Guaranteed Stop Orders
You know how sometimes the spread betting companies ask for feedback on what features you would like to see introduced? Well, here is the suggestion that would be top of my Christmas 2012 wish list: Guaranteed Trailing Stop Orders After something of a love-hate relationship with them, I have once again become a fan of […]
You Can Never Have Too Many Spread Betting Accounts!
The sensationalist headline “You Can Never Have Too Many Spread Betting Accounts!” is not exactly true, of course, because too many accounts can become unmanageable and time-consuming. But I believe that you do need more than one account, and ideally more than one account provider (because some brands are run by the same provider). Here’s […]
The Upside / Downside of Diversification
Over on The Motley Fool (for whom I used to write), Malcolm Wheatley asks How much diversification is enough? First of all, I think there are two reasons to diversify: On the downside we need to diversify to spread our risk, because any stock can suffer a sudden collapse and take much of our portfolio […]
Can’t Move Guaranteed Stop Orders When Markets Are Closed
I’ve been out walking and enjoying the sunshine today rather than trading or writing, and when I got home I was keen to review and adjust my stop orders so as to lock in more of the profits on of today’s rising positions. Except that I couldn’t, because for the most part my stop orders […]
Selftrade (spread betting) moving to the London Capital Group (LCG) trading platform.
A couple of days ago I received an email from Selftrade — with whom I’d forgotten I held a spread betting account, to be honest — informing me that their CFD and Spread Betting offering would be moving from the current City Index trading platform to the London Capital Group (LCG) platform. It means that in […]
Trade of The Week: Lucky Escape from Lamprell
In yesterday’s sensationalist article I told you how I had closed several positions in an IG Index account in order to bank some profits. It was mighty unusual for me to close any position trades manually, instead preferring to let my trailed stop orders take me out when the tide turns. In one case it […]
Yet another thing…(advice for spread bettors and other traders)
Just like the contribution from Spread Co, the following answer to my “one more thing” question didn’t meet the deadline for the first edition of my Better Spread Betting book but is sure to be included in any subsequent edition. In the meantime, here is the one piece of advice (if he could give only […]
How to Meet a Margin Call with a Stop Order
Jump straight to the book, or… This morning I received a “Margin Call” email from SpreadCo asking me to deposit additional funds in order to keep my open trades alive. Don’t be alarmed — this is a small account (so it’s not a big deal) in which I had pretty much invested 100% of my […]
Horses for Courses: Which Spread Betting Company?
Jump straight to the book, or… Over on my “Talk with Tony” page, Martin asked me an interesting question about which spread betting company I would choose as a preference. He asked… “If it’s not too personal a question, what spread betting company to you place the majority of your smaller (i.e. £1 Point Spread Bets […]