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Financial: Masterclass

 

Financial Spread Betting
Explained: Advanced share betting

Going against the crowd can be a profitable, if dangerous, path to take when spread betting on shares. Scott Longley explains how to chart a safe course

So why are we talking about shares again?

Well, punting on the FTSE and other indices aside, betting on shares happens to be the main activity of most financial spread bettors.

But what about currencies and betting on the price of oil?

You’re right, of course. However, unless you’re something of a market whiz in either of these areas, such markets are best avoided.

Is this another case of those in the know attempting to keep everyone else out of a profitable market?

No, not at all. It’s about trying to avoid seeing novice spread bettors get involved in markets where they’ll prove their lack of in-depth knowledge via severe losses in the wallet department.

 

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Advanced share betting
Going against the herd can be a route to profit when spread betting on shares, but remember you can lose more than your stake so only risk what you can afford
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