Hi, my name is Nigel and this is my new website about my spread betting journey and spread betting strategies I will be using. I have never spread bet before so I am going to document here how I get on. I have read a number of books on spread betting strategies and they all say that a successful trader keeps a journal so here is my journal… in the public domain and there is a reason for that which I will come to.
I’ll start with a bit of background about the all this. I recently received news that I was going to be made redundant. The redundancy won’t happen until next year so I have a bit of time to plan. I decided that one thing I would do was learn how to build website, hence one of the reasons I am doing this. The second was to learn how to spread bet. If I have never spread bet before you may be wondering why I chose this option. I have a portfolio of shares that I use a buy and hold strategy. I know this is completely different to Spread Betting Strategies but it was an area I always wanted to learn and the redundancy pushed me here quicker.
OK.. that was a couple of months ago so what have I done since. Well I have bought and read few books which I highly recommend…
The Way of the Turtle
How I made $2,000,000 in the stock market
Technical Analysis of the Financial Markets
The Financial Spread Betting Handbook
Winning Spread Betting Strategies
The Market Maker’s Edge
I really enjoyed reading these so that convinced me that this was definitely an area I wanted to pursue.
The spread betting strategies I will be using will be a combination of the strategies discussed in these books. I should put in a disclaimer here. I have never done spread betting before so please please don’t copy me. This site is not to make recommendations, it is my journal.. oh that reminds me, why public? Well first, it helps me learn how to build websites and second, if I have to justify my decisions publicly then I am more likely not to deviate from my system and decisions will be scrutinized.
More soon…