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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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12. Finding A Strategy That Works For You

What do you like?

1. Length of bets

What timescale are you mostly likely to feel comfortable operating in? Are you attracted or appalled by the idea of getting in and out of a bet in the same day? Or does a month seem a long time to hold a bet? Are you likely to be with the many spread bettors who hold bets more than a day but less than a month?

2. Available time

How much time do you have during the day to monitor prices and take action on your spread bets? Intraday bets and bets lasting just a few days tend to require attention at various points during the trading day and might therefore not suit someone with a busy day job.

3. Resources

How good are your hardware, software and data ...

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