Why do so many Spread Bettors Lose Money?

Here is the link.

The Trade

1. Trade with the trend - no trend, no trade
2. Plan the trade, trade the plan

The Entry

1. Wait for the signal
2. When the signal comes, don't wait
3. A weak signal is still a signal
4. Trade what you see, not what you think

The Exit

1. Never let the profit go back into the market

The Stop-Loss

1. Set a stop-loss on the entry
2. Always obey the stop-loss
3. Don't wait for the stop to be hit, close or cut losers early

The Sins of Trading

1. Money Management - most of the newcomers fail in this regard, you should risk only a small percentage amount of your overall pot at any one time
2. Trading against the trend
3. Trading without a stop-loss

The Rules of Trading will keep you alive, the Sins of Trading can kill you. Don't give up.

Why do some many Traders Lose Money Spread Betting?

1. Not understanding of the very basics of investment or how to read a balance sheet
2. A gambling mentality
3. Gearing up to ridiculous levels
4. Very short term view
5. Many buying on tips etc trying to make a quick killing rather than doing any substantial research.