British jobs rescued as Vauxhall plant is saved from closure18 May
Thousands of Vauxhall employees have been saved from an uncertain future after US bosses gave the Ellesmere Port plant the nod ahead of a German operation. The possibility of closure has hung over the site for years, but a new agreement with workers means the Cheshire plant has been handed a new contract. Vauxhall’s parent company, US-based General Motors, after listening to a business plan from executives from the UK operation, as well as union representatives and politicians, made the decision to select the Cheshire pla [Read more...] |
Spread Betting Companies
| Company | Margin | Spreads* | Min Trade | Min Acc Size | 24 Hour Trading |
|---|---|---|---|---|---|
 | 1-10% | 0.8 | £1 | £100 | Yes |
 | 3-15% | 1 | £1 | £0 | Yes |
 | 1-20% | 1 | £1 | £0 | Yes |
Germany helps Eurozone avoid recession but Greek crisis continues to threaten16 May
But the on going crisis in Greece and the increasing possibility of a euro exit, is continuing to threaten the stability of the single currency. The Eurozone was widely expected to teeter over the brink into a recession after it shrunk by 0.3% in the final quarter of 2011. However, it has managed to squeak through after the economy of the bloc was held up by the performance of stalwart Germany. Performance for the Eurozone has been officially recorded as 0% for the first three months of 2012, despite some of the major economies facing major difficulties. France’s results were flat, Spain’s economy contracted by 0.3% whilst Italy’s woes continued with the third quarterly contraction in a row, this time coming in at 0.8%. Of the 17 single currency members, seven have slumped into a recession; Italy, Ireland, Greece, the Netherlands, Slovenia, Cyprus and Portugal. However, the saving grace for the region was powerhouse Germany who, despite battling ag [Read more...] |
FTSE 100 Analysis W/e 11-5-1213 May
Another week has flown past so here’s my FTSE 100 Analysis for the weekending 11th May. Another turbulent week what has seen the 20 day EMA just about to cross the 200 day EMA. While this really proves nothing it suggests that the downward move may continue. The new downward move has seen a new recent low setting the scene perfectly for a down trend. I would think the downward move will continue but I have no idea how far or deep it will go. I suspect it will heavily depend on the news events that emerge over the coming weeks. The main thing to watch out for is set to be the whole situation in Greece. If they fail to form a coalition or is the coalition abandons the austerity measures offered by the EU then they will be getting no more bailout money. Personally I don’t blame the EU for taking a hard stance in this as it’s the only way to send a message that the behaviour that caused the mess in Greece will not be tolerated. If Greece then leave the Euro the danger is it sparks a cascading affect and others may also default and exit t the single currency.
Anyway back to the FTSE 100 Analysis. With the EMAs in no clear trendin [Read more...] |
Spread Betting. What is it?
If you are new to the world of financial spread betting then you have come to the right place. SBB is your resource to all things spread betting and best of all it's free. My name is Harry and I run this site. I regard myself as a spread betting beginner and refer to myself likewise in all blog entries, talk posts and other correspondence throughout this site.
I've made no assumptions in writing the content of the site and it is aimed at complete beginners right through to spread betting experts. If you are a newbie then I suggest you first learn the basics. My Beginners guide to spread betting is a great place to start.
A Brief Overview
If you're completely new to spread betting you're probably wondering what it actually is. Well spread betting offers a unique way for you to access and trade the worlds financial markets. You can speculate on anything from FOREX to Gold, Form Orange Juice to Indices. You can trade your favourite companies from all over the world such as Apple, Microsoft, BP and Vodafone. You can spread bet as much or as little as you would like, but be warned it's not as easy as some might make it seem. You can make or lose money very quickly and it's of the upmost importance that you only spread bet money you can afford to lose.
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Still Interested?
If I haven't put you off, believe me I don't want to put you off but it's highly important you understand the risks involved. So If I haven't put you off you will need a few key things to get you started. Choosing the right Company
Firstly you will need a spread betting company. Now most spread betters that I know have more than one spread betting firm they use on a regular basis. Why more than one. Well some companies offer better spreads on some products than others and vice versa. Therefore you can check you are getting the best spread available to you, which in the long run will save you a lot of money. You can use my spread betting companies compared chart to help you choose the right spread betting firm for you. If you're still struggling to decide then why not check out my spread betting company reviews to help you make up your mind. Only Risk what you can afford to lose!
Under no circumstances should you spread bet with money you need to pay the mortgage, bills, kids collage funds or anything else you need the money for. Only ever spread bet with money you can afford to lose. I know no one likes to lose money, I know I don't. If you are lucky enough to have some spare money you can use for spread betting I would right it off in your mind. Pretend that you no longer have the money this way if you lose the lot, although you won't be happy, you will be mentally prepared to handle the loss. Believe me it happens. People enter the world of spread betting thinking how hard can it be only to realise it's a tough old game and loose all their money and wonder "What happened there!".
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Making Money
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Experience Counts For a Lot!
You may not realise it right now but the journey you are about to embark on is not going to be an easy ride. You will go on a roller coaster of emotions, possibly over trade, make the same mistakes as everyone else, you may even end up quitting to go and lick your wounds from your losses. The thing you need to realise is, it will take time for you to build your experience. Imagine you want to become a doctor. You will need to study hard for several years, pass numerous tests and exams before you become qualified. Then you need to gain practical experience before you can be come a fully fledged doctor. The same is true for trading the financial markets.
You will need to read books, study hard, practise what you have learnt and then maybe you will start to succeed. You should use this site to your full advantage. Read my blog entries. In there I detail my experiences and any new trades that I make. Register for Trading talk. You will find many knowledgeable members there who are more than willing to help you and share their own experiences with you.
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