Spread Betting Trading Techniques
Fixed odd is a trading that allows you to trade or bet on price movement of currency such as dollars,euro,yen e.t.c. Most trader prefer to invest their money on Fixed Odds than Foreign Exchange Market because they see forex to be more technical and risky than fixed odd because,the risk involved in forex has no remedy but in fixed odd the risk is minimal.
What is Fixed Odd Spread Betting/Forex?
Spread betting/Forex trading can be simply referred to as the study of foreign exchange market by using the rise and fall currency pairs techniques. The spread betting is a trade that allow you to pair two or more currencies at a time, where you can earn a possible endless profit or loss and it can only be controlled or locked in with order of stop loss or stop gain command. The chances of earning big income in this trade is very high and as well the loss is also vice-versa i.e the amount you trade per point or pips determines what you earn/loss for each point up or down, depending if you traded for long or short term. Financial spread betting or forex is a very lucrative online trading but is more technical than that of Fixed odds as many trader even prefer Fixed odds than the spread betting trade.
How do you make cash with Fixed Odd and the Risks Involved?
It is very easy and straight forward ,once u can study the market very well and follow how the market moves,it is assured that you will be making clean and cool dollars everyday. The most important thing in trading fixed odd is being contented with the little gain you have with your capital. Supposing you traded with the sum of $100 capital, gaining 5% to 10% of that is ok which is $5 - $10 profit. Don't be too greedy and don't aim at doubling your capital in just on trade. This has cause the downfall of many traders in the market, so beware and mind you Rome was not built in a day.
Look forward to more Lessons on each trade as we will be releasing them very soon.
