Dangers of financial spread betting
According to an article in The Times dated 10 April 2013 approximately 30,000 spread bet accounts were opened last year, and that the largest study of gambling in the UK on behalf of the Gambling Commission found that serious problems developed in almost 15% of spread betters compared to 1% of other gambling.
In addition a report from Cass Business School found that only 1 in 5 gamblers ends up a winner.
As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading.
May vary between markets and brokers substantially. London Turn: A point in time that the markets tend to observe a change in direction with incredible subtlety between 12:15 and 13:15 GMT with regularity that is more than coincidental. HoD: High of day conversely LoD (low of day).
the highest price market traded at for the day Intraday trader: A trader operating from within each day's trade times. Market session: The time of day that is governed mostly by the regional stock markets.
An example would be Asian session (22:30 to 08:45 GMT), European session (06:45 to 16:45 GMT), US session (13:00 to 21:30 GMT). Times are subjective in the most part from broker to broker, but these have been tested as most reliable data times by experienced traders.
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