Perhaps you’re planning to set aside some money for a new car, or want to provide a care-free future for your children. Or maybe you simply wish to retire on some tropical island (and let’s be honest, who doesn’t?).
However, after studying all your available options on the market, you probably came to the conclusion that you’re not likely to achieve anything worthwhile. At least not without a substantial initial investment on your part.
Taking your first steps as a trader may be overwhelming as learning the basics of trading may take some time, effort, and education. But just like developing any new skill, trial, error, and persistence will eventually lead you to the desired outcome.
Spread betting is a tax-free alternative to financial trading, which gives you the opportunity to trade on the price movements of the financial markets irrespective of whether they’re rising or falling. You’re not actually possessing the asset you bet on, but just betting on its price.
Today, we’d like to point your attention to the Logical and Net Modes of Operation.
For those of you who aren’t quite sure what exactly is Net mode – it’s when you open positions in the same trading instrument, they are combined in one single position, with an average price and a net volume. Instead of showing the result from each separate trade, the position displays the aggregate result from all of them.