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Fixed Odds Financial Trading Guide and Tips
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Fixed-odds trading means that you constantly understand the precise gain and loss you can make per trade. It really is out of the question to lose more than your stake, as opposed to other forms of financial trading such as spread betting.
All trading/betting can incur losses together with gains, but with fixed-odds you will understand the potential loss and gain prior to placing the bet that allows you to evaluate the risk and come up with the best choice. Under no circumstances bet more money than you really can afford to lose, self-control is an important element of trading and having it will assist you to to make trades for the best reasons. Here is a short list of the types of bets available for fixed odds trading. Double bets are split into four types, flash, intraday, super double and double. A flash bet (up or down) enables you to take advantage of nearly instant market movements. You get payout in the event the market rises or falls according to bet placed during the bet duration which may be from 30 seconds to five minutes. An intraday bet (up or down) allows you to bet on a market between two times for that day. You can receive the payout if the market rises or falls, depending on the bet placed, in between those two times. The market must rise or fall by a minimum % quantity in between the stated times for the bet to payout. The Super Double is usually a bet on the movement of a market either higher or lower in between four provided times from the trading day. For example, you might bet that the market rises in between 9h00 and 10h00, and then rises again between 10h00 and 11h00. If correct the bet will payout approximately four times the stake placed. The double bet (up or down) allows you to bet on the market which will settle at the close of trading on the given expiry date. The expiry date may be at the close for that day or up to seven days time. If accurate the bet will payout double the stake placed. Expiry bets are split into bull/bear, expiry range and expiry miss. The Bull/Bear enables you to bet using a market that you believe will go above or below your preferred level and chosen date. The chosen date can be from seven days to six months ahead and you will be paid out in the event the market is above or below the exact level that you have preferred. The expiry range bet enables you to bet by you predicting the particular level of the market on a chosen date. Should the market is above the lower target level, and below the upper target level, that you’ve selected the bet will payout. The expiry miss enables you to bet on a market between two target levels on a given date. The preferred date can be from 5 days to 360 days depending on the market. If the market is below the lower target level or above the higher target level at expiry the bet will payout. Boundary bets are split into one touch, no touch, barrier range, double touch, up or down. One touch bets enable you to bet that the market will touch a given barrier price at least once prior to the chosen expiry date. The preferred date may be from 5 days to 360 days depending on the market. No touch bets allow you to bet that the market is not going to touch the barrier level which you have chosen before the expiry date. The chosen expiry date can be from Seven days to 180 days depending on the market. Barrier range bets enable you to bet that the market will not touch or trade through the chosen low and high barriers before the selected expiry date. The preferred date can be from 7 days to 180 days depending on the market. The bet will payout if the market does not touch both the barrier levels that you’ve preferred. Double touch bets enable you to bet that the market will touch or trade through both the low and high barriers prior to the selected expiry date. The preferred date can be from Seven days to 180 days depending on the market. The bet will payout if the market touches the 2 barrier levels that you’ve preferred. Up or down bets allow you to bet that the market will touch or trade through either the low or the high barriers prior to the selected expiry date. The chosen date can be from 7 days to 180 days with respect to the market. The bet will payout if the market touches either of the two barrier levels that you’ve selected. Runbets are a series of very quick trades on currency. You may predict that the market will go up or down or predict what the last decimal digit will be after 5 ticks. Tips of the trade To achieve success listed below are several tips from the top. Do your research. Inform yourself on current affairs and be familiar with events that may have an impact on market movement for example interest rates, political issues and financial investments. Don’t expect to start making lots of money, it will take time and commitment to understand and study the markets and test out new strategies. A good trader will analyse the markets and wait for the right conditions to trade. Don’t be put off by losing, should you have worked out an effective strategy stick to it and don’t be afraid to trade again. Don’t invest in excess of 5-10% of your capital in one trade. If you lose the trade you will still have capital to bet with. Do look at and analyse any mistakes, they’re essential learning curves and will help you to make better trades in the future. Don’t allow your emotions to cloud your trading, always trade with a clear head, fear and greed could cause you to make bad judgements.
Trading on the forex markets can be high risk if you really don’t know what you’re doing. If you want to get your feet wet with fixed odds trading then why not try a membership service that will provide the trades for you. All the research is done – you just have to place the trades. http://fixedoddstradingstrategy.com
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Fixed Odds Financial Trading Guide and Tips