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The Financial Spread Betting Handbook: The definitive guide to making money trading spread bets by Malcolm Pryor

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10. Spread Betting Order Types

This chapter discusses the important area of spread betting order types. If you think there is only one way of entering or exiting a bet think again!

If you are fairly new to spread betting you may find this chapter a little confusing – and just when you thought you had got it all taped. Hopefully by the end of this chapter you will be comfortable with all the different order types.

I will be illustrating the various order types with the following example:

  • We have one bet already open which we intend to close: an up bet on gold which is trading currently at 1201.0.
  • Plus we want to open an up bet on the Dow Jones Industrial Average (DJIA) currently at 11451.

Market order

The simplest and most obvious ...

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