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/
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/
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.
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.
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