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This thread is to cover one of the most important topics for those involved in financial spread betting or any other form of trading.
Let's be honest and see 3 most common reasons why many lose and what part spread betting plays there.
#spreadbetting
https://www.independentinvestor.com/spread-betting/why-spread-bettors-lose/
Let's be honest and see 3 most common reasons why many lose and what part spread betting plays there.
#spreadbetting
https://www.independentinvestor.com/spread-betting/why-spread-bettors-lose/
1. Over-leveraging.
Probably the most common mistake out-there - don't over leverage; yes, potential returns might be tempting but you want to use spread betting as a trading platform rather than a gambling one so keep your leverage in check.
#Leverage
https://www.independentinvestor.com/spread-betting/leverage/
Probably the most common mistake out-there - don't over leverage; yes, potential returns might be tempting but you want to use spread betting as a trading platform rather than a gambling one so keep your leverage in check.
#Leverage
https://www.independentinvestor.com/spread-betting/leverage/
2. Over-trading.
Over-trading is another common mistake novice spread bettors make. Don't trade just for the sake of trading but spend more time learning and analysing your potential positions. More learning = more profit.
Over-trading is another common mistake novice spread bettors make. Don't trade just for the sake of trading but spend more time learning and analysing your potential positions. More learning = more profit.
3. Emotions.
It's one thing to trade on a demo account where you don't really care if you win or lose but try to test a platform and maybe your strategies but it's totally different when you trade for real and your money is on the line. Try to control your emotions.
It's one thing to trade on a demo account where you don't really care if you win or lose but try to test a platform and maybe your strategies but it's totally different when you trade for real and your money is on the line. Try to control your emotions.
