As with all forms of speculation, financial spread betting is far from immune from pseudo-mathematical mystique. The idea that there are immutable, common-sense defying mathematical laws underpinning the whole deal is something that leads many speculators towards the bankruptcy courts every year. Of course, this is natural. Every trader likes to think that they are aware of something that gives them an edge over other traders, and there is a lot of money out there for those who pretend to offer these advantages.
The fact is that the vast majority of ‘betting systems’ are nothing but profitable hoaxes, perpetrated by independent book publishers and small-time web scammers. Put it this way, if you had an infallible system for beating the odds in complicated, volatile financial arenas, you wouldn’t be wasting your time assembling amateur-looking websites and publishing short-run books. But yet, every year, thousands of would-be millionaires put their trust in betting systems invented purely for the purpose of selling books or attracting pay-per-click revenue streams.
If you were to type “spread betting system” into a search engine, you would be greeted with over 350,000 results. Are there really 350,000 people in the world who, having discovered a secret elixir of wealth, are only too happy to share the methods with others? To put it another way, if you possessed the secret miracle of effort-free wealth, would you pass it on? The fact is that the only way to make money from spread betting is to know as much as you can about the financial instruments that you are trading on. Our website features a great advice section that is well worth a read if you want to know how to have the best chance of profiting from financial spread betting. A little time spent reading these articles, together with some intensive research into the financial markets, is far more likely to yield profitable results than any so-called spread betting system.