10 Sep 2010
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60MT - FUTURES VERSUS SPREAD BETTING
60MT - FUTURES VERSUS SPREAD BETTING
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Our trading results are based on trading futures, we take off 1 point spread and 1point commission and then only count 50% of the move, this helps with spreadbetting profits.
We do recommend trading futures because you will make more money trading futures and it is easier than spreadbetting. Chris traded via spreadbetting for 4 years before moving to futures and would not go back.
SB charts are not that good and if you make just one $5 trade per day and save 3 points because of the lower spread on futures this will give you over 220 trading day $3,300 extra profit compared to the saving of just $180 on the charts and data feed.
Chris really recommends futures, you can practice via a SB demo account and save up for a futures account.
We will soon be publishing another book which is more suitable for spreadbetting or binary bets and people with lower funding.
The working of futures and sb'ing are the same, it is just the cost of the commission free dealing that is the killer of SB'ing.
http://www.60minutetrader.com
Article Details
Article ID:
30
Created On:
08 Nov 2005 08:00 AM
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