Posts Tagged ‘Resident’
What Is Better/safer To Trade Out Of Spread Betting Or Options Trading And Is Recommended For A Uk Resident?
I am 18 years old and I want to choose one investment instrument out of spread betting or options trading to trade stocks with. I know about both spread betting and options trading and some of their ossociated strategies. I have had practice spread betting and I am up 116% since I first started 4-5 weeks ago. I read a book called “how to make money trading” by the guy who did the million dollar traders TV programme; Lex Van-Dam or something, and in the book he suggested that you should leave options to someone else as their is only a few people who actually make money with options trading. What I would like to know is what out of options trading or spread betting would be best suited to a UK resident, and which out of the two is safer to trade and best recommended for a UK resident? Please give me a resonable answer as it would be very much appreciated. Thanks.
P.S. sorry its so long.