Product Description

Reach the heights of spread betting success! Financial spread betting is growing in popularity. 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: which 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 betters don't even get this far. Next, we start the 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: which 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. Spread betting is great fun, and 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 and tactical approach is required. This book is the essential guide to get to the top of the mountain.

Product Details

• Amazon Sales Rank: #589 in Books
• Published on: 2007-06-29
• Number of items: 1
• Binding: Paperback
• 295 pages

Robbie Burns, The Naked Trader
so many excellent tips in the book...a must for anyone who wants
to spreadbet...some excellent advanced stategies too.

Martin Fagan - UK-Analyst.com, September 2007
[It's] something you'll frequently dip into to clarify a point or refresh your memory...you'll find this book extremely useful.

Synopsis
Reach the heights of spread betting success! Financial spread betting is growing in popularity. 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: which 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 betters don't even get this far. Next, we start the 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: which 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. Spread betting is great fun, and 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 and tactical approach is required. This book is the essential guide to get to the top of the mountain.

Customer Reviews

A useful guide for making money
This book is a thoughtful guide to making money through spread betting. This is particularly useful at present when many people are burning through having geared long positions in a difficult market. Malcolm suggests ways of controlling risk while not being tied to a particular market direction. If the advice is followed, more people will be able to sleep easy!

Essential reading if you spreadbet
After reading this book my spreadbetting improved drastically. Anyone who follows the principles in this book will have the edge over others who do not.

The book is an honest attemmpt to teach people how to become profitable at spreadbetting from someone who already is. It is laid out in a logical format and is very readable.

If you spreadbet you really need to read this book!

Too short for the money!
I agree with some of what has been written in the other reviews but the important bits are all too short for the money.

There seems to be as many chapters as there are pages and there are many white pages. And, a few of the chapters are just a page or two long.

If you didn't know... a computer is useful for spread betting these days. Wow! Thanks Malcolm.