Product Description
If you were to make a list of financial topics that have grabbed the interest of the wider public over recent years - apart from of course bankers bringing the global financial system to its knees with ever more imaginative ways to wrap up high risk loans - then spread betting and foreign exchange trading would surely be near the top. These have both been around for decades, but developments in both technology and financial markets in the past five to ten years are the reasons they have become such hot topics. This book starts by covering the basics of spread betting and explains why it has become such a viable alternative to trade a whole host of markets in recent years. Then the forex markets are explained - cutting through the jargon to help you understand how this works, what makes currency prices move second by second, 24 hours a day and how you can trade forex using spread betting. Finally, some simple trading strategies are examined - approaches that you can put into practise straightaway using spread betting, at a level of risk that suits your own particular circumstances. If you have considered trading forex then this book will help you avoid the most common pitfalls of this highly volatile but fascinating market.
