Archive for the money Category
As per my previous post, I mentioned that I've been playing around with Bet On Markets and have now made my tenth trade and it was another winner.. that's 10 out of 10 winning trades.
The great thing about Bet On Markets and generally this type of betting is that you can choose the risk that you take. All my trades are low risk trades, risking little but with a high probability. This means that my returns on each stake aren't great but at least they are consistent. This generally is good for
June 25, 2011
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I recently discovered Bet On Markets, it's a betting platform where you can bet on the markets (obviously!). There are loads of different bets available and I only bet one type (as I've not discovered the others or developed a strategy for them yet).
Just quickly looking at the site, there are Up and Down bets - these are bets where you bet whether the market will be above or below a particular area within a timeframe, In/Out bets - whether a price remains in or out of a range or Touch/No Tou
June 17, 2011
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I saw this in the papers today how a self employed trader named Barnett Michael Alexander was able to exploit a 'loophole' in the spreadbetting firm City Index making over £600k! However, his method was deemed illegal and he was fined £1 million by the FSA
It's a really interesting read and there's a fascinating strategy that made him a lot of money which he says is still not closed. However, I wouldn't recommended doing it unless you want to be fined!
http://www.telegraph.co.uk/fi
June 15, 2011
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