📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Financial Spread Betting: a beginners guide

Options
2»

Comments

  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    Spread betting can be near identical to trading the underlying instrument - other than the expiry & roll over dates may differ. It IS TRADING AND IT IS GAMBLING - AS TRADING IS ALSO GAMBLING ... I.e. you guess what the market will do then place your bets ! Whether your a bank or an individual.

    After all the FX market is the worlds biggest casino :p
  • deemy2004 wrote:
    Spread betting can be near identical to trading the underlying instrument - other than the expiry & roll over dates may differ. It IS TRADING AND IT IS GAMBLING - AS TRADING IS ALSO GAMBLING ... I.e. you guess what the market will do then place your bets ! Whether your a bank or an individual.

    After all the FX market is the worlds biggest casino :p


    thank you - anyone want £25 for getting a CS account msg me.
  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    monkeydust wrote:
    thank you - anyone want £25 for getting a CS account msg me.

    Yeh people get hung up on nothing, i,e, its gambling, its not gambling, no I'm not gambling but you are cos your spread betting...

    Well its ALL gambling !

    Okay in actual fact my definition of whether your gambling or not is whether your consistently making profits or not. no matter whether its futures or spread betting !
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.