ASE Labs
Welcome Guest. Please register or log in now. There are 195 people online (0 Friends).
  • Home
  • Articles
  • News
  • Forum
  • Register/Login

Spread Betting Guide to Trading Forex for New Traders

Poster: SySAdmin
Posted on April 4, 2012 at 1:35:01 AM
Spread Betting Guide to Trading Forex for New Traders

LONDON, April 4, 2012/PRNewswire/ --

    Offering multiple benefits to traders both new and experienced, foreign exchange is
one of the most traded financial markets; allowing spread bettors fixed forex spreads,
greater leverage and the potential for substantial gains from small movements in the
markets.

    In the below spread betting guide, we offer an insight into the world of spread
betting the forex market for those new to trading, with the aim of helping you to achieve
more profitable trading.

    Spread Betting Forex

    Spread betting with City Index [http://www.cityindex.co.uk ] offers traders an
affordable gateway into the world of stocks, shares, equities and currencies.

    Forex, also commonly referred to as foreign exchange, retail forex and FX; provides
attractive opportunities to traders, even during volatile market conditions.

    Spread betting forex requires an initial deposit which is only a small percentage of
the total value you wish to trade, offering new trading exposure to a wide range of
currency pairs.

    Strategy

    Your trading strategy should act as a comprehensive guide for you to follow when
spread betting currency pairs
[http://www.cityindex.co.uk/range-of-markets/currencies-spread-betting.aspx ].

    Prior to placing a trade, outlining your personal profit goals, maximum risk allowance
(how much you are willing to lose), risk management strategy and how you are going to
analyse your chosen markets, i.e. through technical or fundamental analysis, or both; your
trading risk will be reduced, as will the potential for losses.

    It is common for emotions to get the best of you, especially during volatile market
conditions, which can lead to impulse trading. A trading strategy, covering the above
areas, can significantly reduce your trading risk.

    Analysis

    As we mentioned above, part of your trading strategy needs to outline what form - or
forms - of analysis you will use to familiarise yourself with your chosen markets. Keep in
mind that when trading the forex market, you are trading a currency pair, i.e. two
markets.

    Analysis is imperative to your trading success; by familiarising yourself with both
the technical and fundamental tools, you can analyse and gain knowledge of your chosen
pair prior to placing a trade.

    For example, through technical analysis, you can analyse the historical price
movements of your markets in order to predict their future direction.

    In a similar way, by keeping on top of economic news and events, you can analyse your
markets and the subsequent factors that can determine their future price movements.

    Such preparation, based on analysis of price trends and financial news, will help you
to plan your best approach when you place a trade.

    Summary

    Spread betting forex
[http://www.cityindex.co.uk/spread-betting/spread-bet-markets.aspx ] with City Index offers
multiple benefits to traders; both new and experienced traders are offered an easy entry
level into a range of markets, such as forex, through the small initial deposit
requirement.

    The key to success is to research, plan, manage your risk, stay disciplined and follow
the news; all of which should be covered through a comprehensive trading strategy.

    Learn more about spread betting on foreign exchange rates with City Index
[http://www.cityindex.co.uk/range-of-markets/Currencies-Spread-Betting.aspx ].

    Spread betting and CFD trading are leveraged products which can result in losses
greater than your initial deposit. Ensure you fully understand the risks.

    About City Index:

    Today more and more individual traders are discovering the benefits of derivatives,
and many of them are discovering them through a City Index trading platform.

    As a group, we transact in excess of 1.5 million trades every month in over 50
countries. We provide access to a wide range of instruments including margined foreign
exchange, CFDs and, in the UK, financial spread betting
[http://www.cityindex.co.uk/spread-betting ].

    We constantly look to improve the performance of our platforms and expand our range of
services. The result is our customers benefit from innovative trading tools with
transparent pricing, competitive spreads, and a high standard of customer support. Visit
http://www.cityindex.co.uk for details.

Source: City Index

Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond@cityindex.co.uk
 
Print This Entry
Tags PR Press Release
Related Articles
  • Huntkey Has Launched Its New Power Strips with USB Chargers on Amazon US
  • Inspur Releases TensorFlow-Supported FPGA Compute Acceleration Engine TF2
  • Hot Pepper Introduces Spicy New Smartphones in US Markets
  • Sharp Introduces New Desktop Printers For The Advanced Office
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
Login
Welcome Guest. Please register or log in now.
Forgot your password?
Navigation
  • Home
  • Articles
  • News
  • Register/Login
  • Shopping
  • ASE Forums
  • Anime Threads
  • HardwareLogic
  • ASE Adnet
Latest News
  • Kingston HyperX Cloud 2 Pro Gaming Headset Unboxing
  • Synology DS415+ Unboxing
  • D-Link DCS-5020L Wireless IP Pan/Tilt IP Camera
  • Actiontec WiFi Powerline Network Extender Kit Unboxing
  • Durovis Dive Unboxing
  • Bass Egg Verb Unboxing
  • Welcome to the new server
  • Gmail Gets Optional Preview Pane
  • HBO Go on Consoles
  • HP Touchpad Update
Latest Articles
  • D-Link Exo AC2600 Smart Mesh Wi-Fi Router DIR-2660-US
  • HyperX Double Shot PBT Keys
  • Avantree ANC032 Wireless Active Noise Cancelling Headphones
  • ScharkSpark Beginner Drones
  • HyperX Alloy FPS RGB Mechanical Gaming Keyboard
  • D-Link DCS-8300LH Full HD 2-Way Audio Camera
  • Contour Unimouse Wireless Ergonomic Mouse
  • HyperX Cloud Alpha Pro Gaming Headset
  • Linksys Wemo Smart Home Suite
  • Fully Jarvis Adjustable Standing Desk
Latest Topics
  • Hello
  • Welcome to the new server at ASE Labs
  • Evercool Royal NP-901 Notebook Cooler at ASE Labs
  • HyperX Double Shot PBT Keys at ASE Labs
  • Avantree ANC032 Wireless Active Noise Cancelling Headphones at ASE Labs
  • ScharkSpark Beginner Drones at ASE Labs
  • HyperX Alloy FPS RGB Mechanical Gaming Keyboard at ASE Labs
  • D-Link DCS-8300LH Full HD 2-Way Audio Camera at ASE Labs
  • Kingston SDX10V/128GB SDXC Memory at ASE Labs
  • What are you listening to now?
  • Antec Six Hundred v2 Gaming Case at HardwareLogic
  • Sans Digital TR5UTP 5-Bay RAID Tower at HardwareLogic
  • Crucial Ballistix Smart Tracer 6GB PC3-12800 BL3KIT25664ST1608OB at HardwareLogic
  • Cooler Master Storm Enforcer Mid-Tower Gaming Case at HardwareLogic
  • Arctic M571-L Gaming Laser Mouse at ASE Labs
  • Contour Unimouse Wireless Ergonomic Mouse at ASE Labs
Advertisement
Advertisement
Press Release
  • Huntkey Has Launched Its New Power Strips with USB Chargers on Amazon US
  • Inspur Releases TensorFlow-Supported FPGA Compute Acceleration Engine TF2
  • Hot Pepper Introduces Spicy New Smartphones in US Markets
  • Sharp Introduces New Desktop Printers For The Advanced Office
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
  • Fujifilm launches "instax SQUARE SQ6 Taylor Swift Edition", designed by instax global partner Taylor Swift
  • Huawei nova 3 With Best-in-class AI Capabilities Goes on Sale Today
  • Rand McNally Introduces Its Most Advanced Dashboard Camera
  • =?UTF-8?Q?My_Size_to_Showcase_Its_MySizeId=E2=84=A2_Mobil?= =?UTF-8?Q?e_Measurement_Technology_at_CurvyCon_NYC?=
Home - ASE Publishing - About Us
© 2010 Aron Schatz (ASE Publishing) [Queries: 16 (8 Cached)] [Rows: 292 Fetched: 35] [Page Generation time: 0.017637014389038]