Objective of Spread Betting
I’m not sure if he actually means objective of Financial Spread betting and Spread Betting because subjective is slightly different, of course it is a subjective thing — subjective judgment on the chance of success of the various trades which you and Mark enter the moment you do this by advising normal trade on some trade, maybe different percentages for other trades.
Normally a 50% trade for example. Now this isn’t always a question of success. In fact, it’s often a question of risk. We have a bigger stop for example, then we might well suggest a 50% position, I mean for big Spread betting service we base our recommendation on 10 pounds a point and if we have a 50% that’s £5 a point. So if we got a stop say at 30 points, which is unusual we normally have bigger stops than that, that would be 30 points at £300, so at 10 pounds a point that’s £300, obviously if it was a 60 point stop it would be £600.
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