The Financial Spread Betting Handbook: The definitive guide to making money trading spread bets (updated 2nd edition) - Softcover

Malcolm Pryor

Softcover

ISBN 10: 0857190857 ISBN 13: 9780857190857

Publisher: Harriman House Publishing, 2011

Synopsis

Financial spread betting is a huge industry. But who wins and who loses at this game? What do the winners do that differs from the losers? That is what this book is about. Malcolm Pryor uses the model of climbing a mountain to explain a disciplined, winning approach to spread betting. First a base camp must be established. This includes getting set up with the right corporate data, charting and accounts software, deciding what to bet on and what your time frame should be, learning the nuances of operating an account, controlling risk, and learning from other people's mistakes. Many spread bettors don't even get this far. Next, we start climbing the mountain; this means having strategies that are right for us. The whole of this section is devoted to illustrating strategies which can be used for spread betting, for example trend following, counter-trend strategies and delta-neutral strategies such as pairs trading. Finally, we make our assault on the summit of the mountain. This is where the winners set themselves apart from the losers. Issues covered here include trade planning, record keeping, performance reviews, more on risk management, psychology and continual development. In this enhanced second edition, you also benefit from: - Refreshed and improved trading and risk management techniques, incorporating four additional years of spread betting experience and changes in the markets. - Brand new advice on managing exposure. - Updated analysis of spread betting firms' behaviour, order types and other practical issues. Spread betting is great fun; almost anyone can enjoy the odd bet now and again. But if you want to make money from spread betting then it must be taken seriously and a disciplined, tactical approach is required. This book is the essential guide to get to the top of the mountain.

About this title

Product Description:

Financial spread betting is a huge industry. But who wins and who loses at this game? What do the winners do that differs from the losers? This book uses the model of climbing a mountain to explain a disciplined, winning approach to spread betting. It covers such issues as: trade planning, record keeping, performance reviews, and more.

Review:

Praise for the first edition
"This book really is a must for anyone who wants to spreadbet and indeed for experience spread bettors too because there are some excellent advanced strategies in here."
- Robbie Burns, www.nakedtrader.co.uk

"It is an ambitious task to write a comprehensive handbook about a trading method, but The Financial Spread Betting Handbook does not let the reader down. Many will find it useful, from keen beginners to more experienced spread bettors."
- Shares magazine

"The clue to the book's usefulness is contained in the title: Handbook...This is because the mountain climbing analogy is apt: climbing a mountain means you don't go from base camp to the summit in one step (you'll probably forget to pack the thermal underwear and oxygen mask). You have to start at the bottom and work your way up. So too with this book. This is not just a book about spread betting, it's also a strategy of how to apply spread betting to your investments... [It's] something you'll frequently dip into to clarify a point or refresh your memory. Even if you're not an investor but someone who, say, has...a knack for predicting the outcome of sporting events - but are wary of fixed odds betting, then spread betting is a Godsend and you'll find this book extremely useful."
--- Martin Fagan, UK-Analyst.com

About this edition

• Publisher: Harriman House Publishing
• Publication date: 2011
• ISBN 10: 0857190857
• ISBN 13: 9780857190857
• Binding: Paperback
• Edition number: 2
• Number of pages: 312