General Car Related Discussion. To discuss anything that is related to cars and automotive technology that doesnt naturally fit into another forum catagory.

Financial Spread Betting

Thread Tools
 
Search this Thread
 
Old 23-02-2007, 12:17 PM
  #1  
Ex-Finesse
PassionFord Regular
Thread Starter
 
Ex-Finesse's Avatar
 
Join Date: Feb 2005
Location: Medway / Maidstone, Kent
Posts: 456
Likes: 0
Received 0 Likes on 0 Posts
Default Financial Spread Betting

Anyone on here?

Which platform do you use?

What's your favourite markets?

Your money, or your firms, or fake "player" money?
Old 23-02-2007, 12:19 PM
  #2  
Porkie
20K+ Super Poster.
iTrader: (1)
 
Porkie's Avatar
 
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes on 0 Posts
Default

IG have best trading platform. Cityindex also very good.
Old 23-02-2007, 12:23 PM
  #3  
Ex-Finesse
PassionFord Regular
Thread Starter
 
Ex-Finesse's Avatar
 
Join Date: Feb 2005
Location: Medway / Maidstone, Kent
Posts: 456
Likes: 0
Received 0 Likes on 0 Posts
Default

Havent checked out IG, but would figure given they're the market leaders

I'm currently using TradIndex, only one I could remember one evening.
Old 23-02-2007, 12:59 PM
  #4  
sabres74
Too many posts.. I need a life!!
 
sabres74's Avatar
 
Join Date: Jul 2005
Location: Forest of Dean Gloucester
Posts: 762
Likes: 0
Received 0 Likes on 0 Posts
Default

Get an account with all the players in the market. That way you will be able to take advantage of any arbitrage opportunities that become available. Best year I made £2.5k just through arbitrage trading.
Old 23-02-2007, 02:07 PM
  #5  
Porkie
20K+ Super Poster.
iTrader: (1)
 
Porkie's Avatar
 
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by sabres74
Get an account with all the players in the market. That way you will be able to take advantage of any arbitrage opportunities that become available. Best year I made £2.5k just through arbitrage trading.
Really!?!?!?
Old 23-02-2007, 02:48 PM
  #6  
RichardPON
20K+ Super Poster.
 
RichardPON's Avatar
 
Join Date: May 2003
Posts: 23,377
Likes: 0
Received 0 Likes on 0 Posts
Default

I was thinking the same thing!

I know you can arbitrage on Sports spreads now with the advent of Betfair, but I thought the financial markets moved too quickly to make it viable.
Old 23-02-2007, 03:52 PM
  #7  
Rolls
PassionFord Post Troll
iTrader: (2)
 
Rolls's Avatar
 
Join Date: May 2003
Posts: 3,429
Likes: 0
Received 0 Likes on 0 Posts
Default

Yeah - the theory says that could exist, but neigh on impossible to do so in the real world due to the transparency of the market...
Old 23-02-2007, 03:53 PM
  #8  
Porkie
20K+ Super Poster.
iTrader: (1)
 
Porkie's Avatar
 
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Rolls
Yeah - the theory says that could exist, but neigh on impossible to do so in the real world due to the transparency of the market...
Yep. Exactly my thoughts too.
Old 23-02-2007, 04:42 PM
  #9  
sabres74
Too many posts.. I need a life!!
 
sabres74's Avatar
 
Join Date: Jul 2005
Location: Forest of Dean Gloucester
Posts: 762
Likes: 0
Received 0 Likes on 0 Posts
Default

I should make it clear that this was before the firms offered online trading and there were more firms in the market. It was almost too easy to make a small profit most days but it did require a lot of time trawling through all the markets. Now that it is all online trading it is far harder to do and the opportunities are very limited.

Sports have always been a lot easier. I have consistently made a profit from football by arbitrage trading the bookings market during the game, as this is one of the best markets for arbitrage.

It does help that I used to be a bookmaker so can calculate odds and %s in seconds and also have the time available to do this, plus I know how to calculate and run a market. The beauty of arbitrage betting is that there is no financial risk whatsoever providing you are fully conversant in what you are doing.

On occasions, to balance their books, firms will actively encourage you to buy or sell at a certain time. Differnet odds makers will read market movements in different ways, although 75% of the spreads are made using statistics the other 25% is the province of the odds makers, so there will always be the opportunity to make money. It is usually only small amounts at at time, because they are not benefactors and know exactly what you are doing so will limit the amount of £s per point they will lay you.
Old 23-02-2007, 05:10 PM
  #10  
big_wig_074
PassionFord Post Whore!!
 
big_wig_074's Avatar
 
Join Date: May 2003
Posts: 6,594
Likes: 0
Received 3 Likes on 2 Posts
Default

sorry,but what the fuck are you lot talking about? im interested to learn,but i dont understand a single word anyone just said!
Old 24-02-2007, 02:35 PM
  #11  
Ex-Finesse
PassionFord Regular
Thread Starter
 
Ex-Finesse's Avatar
 
Join Date: Feb 2005
Location: Medway / Maidstone, Kent
Posts: 456
Likes: 0
Received 0 Likes on 0 Posts
Default

big_wig_074

Look up the concept of spread betting just by searching.

Then look into how it is applied to the world markets, and it'll become clear.

I do recommend having a look at Tradindex.com, as their guide is very simple, almost too simple!

I'm an Accountant, not a trader, so bet with my own money. £ / $ / Euro rates are my preferences.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Caddyshack
Ford Sierra/Sapphire/RS500 Cosworth
12
14-09-2015 06:06 PM
Bailes1992
General Car Related Discussion.
4
16-08-2015 07:14 PM
Michael Wisbey
General Car Related Discussion.
3
14-08-2015 11:57 PM



Quick Reply: Financial Spread Betting



All times are GMT. The time now is 09:21 PM.