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The Naked Trader's Guide to Spread Betting: How to make money from shares in up or down markets by Robbie Burns

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II. The Naked Trader Spread Betting Quiz

Huzzah! I’ve put the kettle on and fired up the toaster – as readers of my first book or website will know, two of the most important trading tools out there. It’s quiz time with me at NT HQ.

1. You get a call asking you for some margin. Do you reply:

A. Oh, I’m the cleaner, can I take a message?

B. I’ll send you the money right away.

C. I’ll close out some positions to make us clear.

D. I am leaving the country – you will never find me.

2. A bet price is close to your stop loss. Do you:

A. Close it out, it wasn’t right.

B. Buy some more to average down.

C. Lower the stop loss to ...

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