LONDON, September 27, 2011 /PRNewswire/ --
Does what you learn about spread betting outweigh the trading traits you inherit? Or is an individual's trading style a result of nature triumphing over nurture? Award-winning financial spread betting provider City Index (http://www.cityindex.co.uk/) looks at what makes a trader a trader.
Nature
Several financial trading experts believe genetics have a significant part to play in an individual's approach to spread betting. For example, female spread bettors tend to outperform men on the trading platform. Sandy Jadeja, Chief Technical Analyst at City Index, suggests that this is due to an innately careful, considered approach which leads female traders to undertake thorough risk management and market analysis.
There is also a belief that female traders ask for help more than men, who might be too proud to take advantage of the wide range of spread betting seminars and guides available. This instinct for self-improvement could help to explain why women tend to outperform men in financial spread betting.
Nurture
City Index offers a wide range of seminars and training programmes designed to hone your trading skills whatever your level of experience. Topics covered in these workshops include everything from the basics of spread betting to charting and technical analysis.
This training is designed to separate your emotions and instincts from your trading platform. By knowing your entry point, exit point and objective for every spread bet before you place it, there will never be any need to make a spread betting decision in the heat of the moment.
Strong market analysis is an important feature in spread betting. For example, when spread betting on British Airways shares, if you know that a spike in crude oil prices may result in downward pressure on BA shares, you can react quickly and correctly to the relevant news activity. Understanding how markets move is invaluable, and this is obviously something that has to be learnt over time.
Conclusion
So, is financial spread betting more about nature or nurture? As is often the case, the reality lies somewhere in the middle. Who you are and what you know both have a significant part to play in your spread betting development. The most important thing is to find a balance that works for you and maximises your trading potential.
Learn more about spread betting with a free City Index seminar at http://www.cityindex.co.uk/learn-to-trade/seminars.aspx
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, spread betting.
We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. To open a spread betting account with City Index, visit http://www.cityindex.co.uk/spread-betting/start-spread-betting.aspx
SOURCE City Index
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