Just checking

[pjonline]

In spreadbetting as I understand it: If I decide the market is going down I start trading on the lowest figure offered then if all goes well and the market goes as I predicted and I decide to sell, I sell at the higher figure of the two currently offered. If I predict the market to go up, I buy at the highest and sell at the lowest. Sorry about this, I am new to spreadbetting. I do realise it is high risk but I just want it clear in my mind.

PJ

 

[FTSE Beater]

Hi Pjonline

That's pretty much it.

The way I think of it is You have the buy price (the higher one) and the sell price (the lower one). If you think it will go down you sell it, to be brought back at some time in the future, or vica-versa.

HTH