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How to Win at Spread Betting: An analysis of why some people win at spread betting and some lose by Alpesh B. Patel, Paresh H. Kiri

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Chapter 2: Winners Use Less Financial Information

“In the acquire-or-be-acquired corporate mayhem of the 1980s, the mantle of management has passed to investment bankers and number-crunchers whose vision extends no further than the next quarterly earnings statement.”

– Charles Fontaine

Introduction

  • Were winning spread bettors more financially astute and educated than losers?
  • Did winners have more time and relevant qualifications to understand financial data?
  • Did winners use certain kinds of financial data?

You can ignore the analysts and be a good forecaster and make money

It seems winning spread betting traders know that analysts recommendations are of limited value. The way some did use them seemed markedly different to losing ...

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