Why Should You Start Spread Betting?

Posted by on Dec 5, 2016 in Agen Judi Online | Comments Off on Why Should You Start Spread Betting?

Spread BettingYou would be surprised at how many people ask us why they should start spread betting. And our answers are as simple as why have you not started already. You may think we are joking but in all seriousness, this new way to make money is virtually risk free with the potential to earn you huge profits. And even though there are people out there that would disagree, once you have learned more about it you too will understand the pure logic and common sense that it makes. With spread betting you are in control of how much loss you are willing to take that is the plain and simple truth of it.

But let’s look at the concept of risk. When you take your life savings and purchase stock to trade on the market, you have a big risk of loosing it all and more. The reason for this is that you do not have any control over the market, and you only have one way you can bet, and the only way is up. With spread betting you can control exactly how much money you are willing to +risk’. And the first way you can do this is with a stop-loss order.

A stop-loss order allows you to set the limit on how much you are willing to lose if your bet is wrong. And although this may cost you a bit more in the short term, it will save you peace of mind in the long run. But this is not the only way to limit your risk. The other way would be using small stakes. This will mean that you do not win as much but it will allow you to open a spread betting account with a small amount and trade that with smaller stakes, even as low as 1 GBP per point.

Spread BettingAnd now that you understand the concept of +risk’ where your spread bet is concerned, you really need to understand all that you have to gain. With this new concept the entire financial market is your oyster. You can choose between indices like the Down Jones or FTSE 100, and commodities like gold, or even make a bet on the ever fluctuating foreign exchange market. Furthermore, with spread betting you have no worries about the added broker fees and commissions like with traditional trading.

In fact, the biggest surprise out of all of this will be that in certain jurisdictions like the UK, all your profits are tax free. We are talking about no income tax, no capital gains, and no stamp duty. But like with any government taxation, this will not last for long so our advice would bet to get on board and make your profits fast. Just remember that simply put, spread betting is versatile, quick, and a very convenient way of making the most out of the market of agen judi online. And whether you spend 10 GBP per point or 100 GBP per point, you can quickly turn that around ten fold virtually over night.