In speculation and in financial spread trading it is best not to overtrade. Overtrading has been the bane of my trading career to date. I have mastered timing, I have mastered money management but I still find myself failing when it comes to overtrading. (more…)

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Financial online spreadbetting is the hottest growth sector in the UK financial industry. Not surprising considering the British infatuation with speculating (most recently in the housing market). Through online spreadbetting the retail investor has access to trade a wide range of financial instruments that were previously the domain of only institutions and large scale traders. One of the advantages of spreadbetting is its flexibility to trade multiple trading positions in many instruments from a number of countries;  trading positions in stocks, bonds, indices, currencies and commodities can all be managed from one central account.

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I am currently in trades for both Silver and Silvercorp (SVM). The former is proving quite promising while the latter is disappointing to say the least. Considering that the metals and the gold stock index (the HUI) are now firmly moving north it is frustrating than my SVM trade is showing only a miniscule spread betting profit. (more…)

An important part of  financial spread betting is managing the inevitable individual trading losses that will occur. Money management discipline has been pounded home in every trading book and seminar by every guru or market wizard. The mantra goes: manage your losses and the wins will take care of themselves. (more…)