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Follow these 10 secrets to Spread Betting and you won’t go too far wrong. Ultimately they’re based on nothing but common sense. You’d be surprised how much needless money is lost by people new to spread betting because they don’t properly understand what they’re doing. Do that and you’ll be ahead of most new traders who are busy diving in at the deep end without first checking the depth of the water. So learn to vary your bet size in relation to what the market is doing and how you read it. For example. Successful trading like any business is as much about controlling costs as profit and loss. Trading costs be split up as follows. Commissions are the lesser problem Spread bets don’t charge theseit’s the bid-offer spread that normally does the real, but hidden damage. So keep a close eye on your total costs and realise the more trading you do, especially day trading, the harder it’s going to be to turn an overall profit. But it’...