A Financial Spread Betting System That Made 1504% Profit In 2008
Perhaps the most essential discovery we have made is that unless you strictly adhere to the trading rules of your chosen system chances are you will only reinforce the statistic that over 90% of traders lose all their money trading and never trade again.
You might say, “Well that does not quite describe me. I make money but then give it back again. I keep swinging back and forth between gains and losses, sometimes I am up and sometimes down and by the end of the year I just about break even.” Well, then obviously you do not have a successful spread betting uk system that consistently delivers positive results. Few traders who continue to make and lose money trading can continue to do this and tend to give up after a couple of years. This is tough when you enjoy trading, but nobody enjoys losing money time after time after time no matter what system is used. What is more, nobody likes to fail and so you keep thinking, “I will try one more system and the more I learn the more successful I will be.” Well, if you are like me then you could lose your shirt in the process. But also, if you are like me you might finally perserver to the point in your research and experience where you find a system that truly works. I would like to help you side step the “losing your shirt” process and go directly to “the system that works”.
I know this does not seem possible after all that you have experienced, but could you consider the possibility of a system with a proven track record that allows you to trade for say 15 minutes a week and not only makes money but generates enough money to allow you to do whatever other job you wish to pursue or to simply give up work all together?
Imagine how relieved you would feel after years of constantly losing money to eventually find a spread betting system that had been verified and tested to show an average 160% profit a year for the past 26 years – 1504% in the last year alone. You are forgiven for being skeptical. Why wouldn’t you be? However, if you will permit me to present the facts of how this is done you might see just how this system makes perfect sense.
Our research over the past ten years has shown us that there are seven rules of a profitable financial spread betting system and the system that we are presenting to you today has all of them:
1) Trade with the Trend, Never Predict Tops or Bottoms
A person’s natural tendency is to look for a bargain. In spread betting, there is no such thing as a bargain. Always buy strength and sell weakness. This goes against everything we have grown to believe, but this works. When was the last time you bought HIGH and sold LOW, but I can assure you successful traders will always buy HIGH and sell LOW.
“This is the most important lesson you will ever learn.”
2) Let Your Winners Run, Never Exit a Trade Early.
Never ever exit a trade if you think that the price has reached the maximum or if you think the price is at the minimum. Trying to predict Tops or Bottoms will significantly reduce your profits, which in the end will cost you significantly and could result in failure.
“Profitable traders always depend on big winners.”
3) Never Trade “Fundamentals” or “News Related” Trades Again.
Fundamental analysis is generally useless and very few traders can make money spread betting using this approach long term. Perhaps the most damaging aspect of fundamental analysis is that it does not allow you to control risk.
Typically as the price moves further away from your belief, i.e. you thought the market was a “buy” at the current price, but instead it drops still further, so then you think it must be an even better “buy”. The market then drops again and it looks like a better buy still and so it goes. If you were trading correctly, you would have cut your losses before they got out of hand because you would know that you were wrong.
4) Stick to a Spread Betting System, Consistency Is The Key To Success.
If you have a spread betting system that generates trades and you decide not to place a particular trade because you think it is not a good trade (over analyze or try to “second guess” the sytem), do not be surprised to find you just missed the most profitable trade of the year.
If you use a system never try to predict a trade, it is always better to take a small loss than it is to miss out on the biggest profit taking opportunity for the year as this could be the difference between a profitable or a loss making year. Why choose and pay for a system if you think that you know more or better?
“This is the second most popular reason why traders fail to succeed.”
5) Cut Your Losses.
The majority of trading systems fail by neglecting to cut losses. The key to consistent profit making in the markets is that your winning trades must be larger than your losing trades. An interesting and perhaps, alarming, aside is that this trading system actually has losses on 60% of all trades, but because risk is carefully controlled throughout the system by a carefully calculated limit on the amount you can trade based on your portfolio and precisely placed stops, winning trades have been consistently larger than the losing trades. Our spread betting system actually made 1504% profit in 2008!
“Remember successful traders keep losses small and let winners run!”
6) Never Add To a Losing Trade.
This is the most common mistake made by traders, generally once you start to add to a losing trade you find yourself “throwing good money after bad” believing that the market has had to have reached the TOP or BOTTOM. Unfortunately you can never predict the top or the bottom and, in many cases, end up losing a lot of money to the point where you may not be able to recover.
7) Most Important Is Money Management.
The key to success is regulating how much to place on each trade. Unless the market is “TRENDING” never risk more than 2% on any one trade. Therefore on a £10,000 account, 2% means each trade can only risk £200.
Always recalculate the 2% amount for each trade every week before placing any new trades this is because the new account balance will have moved up or down. For example after one week the account may be up by £2000 to a new account balance of £12,000 so the new 2% amount to be risked on each trade would now be £220 and not the £200 per trade for last week.
“Money Management is vital to your SUCCESS.”
For further information about the spread betting system that banked 1504% or the full list of 258 trades the spread betting system generated in 2008 please feel free to contact us today through our website. We look forward to helping you.
About the Author:Trade 15 minutes a week with a online spread betting system that can bank 100% profit using our financial spread betting tips
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