Vrothdar
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I've recently become interested in trading and have been considering spread betting as a way to get involved with a small initial investment.
The main instrument I've been looking into is the FTSE 100 cash on an intraday basis. It is my understanding that when spreadbetting dailies you are usually betting against the futures market however I've noticed a couple of SB companies offering two types of dailies.
The attachment is from IGindex's dealing handbook. Would I be correct in saying that the "Daily FTSE 100" would be a bet against the cash price and the "Daily FTSE 100 Futures" would be a bet against the futures price?
I've also got a question about scalping. I'm aware that scalping and spreadbetting don't mix and would like to get some clarification of whether or not a total of 1 - 2 trades lasting 10 - 30mins each day exiting at a 10 point gain (each trade) would be considered scalping. Previously I thought scalping would involve a much larger number of shorter trades however some of the posts I've read recently have led me to believe that the method I'm currently working on could be considered scalping.
Thanks.
The main instrument I've been looking into is the FTSE 100 cash on an intraday basis. It is my understanding that when spreadbetting dailies you are usually betting against the futures market however I've noticed a couple of SB companies offering two types of dailies.
The attachment is from IGindex's dealing handbook. Would I be correct in saying that the "Daily FTSE 100" would be a bet against the cash price and the "Daily FTSE 100 Futures" would be a bet against the futures price?
I've also got a question about scalping. I'm aware that scalping and spreadbetting don't mix and would like to get some clarification of whether or not a total of 1 - 2 trades lasting 10 - 30mins each day exiting at a 10 point gain (each trade) would be considered scalping. Previously I thought scalping would involve a much larger number of shorter trades however some of the posts I've read recently have led me to believe that the method I'm currently working on could be considered scalping.
Thanks.