Not much is happening today. No new trades and the few that I still have open aren’t up to much either. There’s a while to go before the end of the day and as we all know anything can happen, we’ll only know for sure how the day pans out when it’s over.


I have decided to add a new poll to the blog. I have been reading how many people actually make money spread betting and with figures from 75% to 90% lose money I am interested to know how accurate these figures are. Therefore the poll asks one simple question with the aim to get a better view on how accurate this figure is. The question is “Are you profitable via Spread Betting?”. I don’t mean have you ever made a profit from spread betting because if you’ve made a £10 profit with a £100 loss then you (like me) are not profitable. You can only answer yes to the question if you are profitable Long term. E.g. if your account balance is greater than the amount you started with.


I’m running the poll for a 3 months from now so you have plenty of time to answer the question and if you become profitable in that time feel free to change your answer. I think it will give an interesting insight to how many people actually make money spread betting.


Please tell your Spread Betting friends about the poll, I want to get as many people as I can to vote so it can be an accurate assessment as possible. And if you are profitable and you want to share your secrets with other people feel free to e-mail me or leave a comment.


Anyway that’s all from me today. I’ll post tomorrow with my weekly analysis and any new orders for the week. Although I am thinking of changing to working from daily charts for potential trades using Malcolm Pryors buying dips and selling rallies strategies from his Spread betting handbook.


Until next time
“May the markets be with you”
Spread Betting Beginner

July 2, 2010 by Harry
Category: blog