RE: Friday close winner23 Apr 2022 13:51
Hello CSDI. I didn't know you traded in & out of shares, (day trading) but although spread betting is very risky & I wouldn't advise it, you would stand a better chance of making money compared to day trading due the costs involved, mainly stamp duty. But my advice would be don't do either, unless you are an expert, not a CSDI. You have to remember the average day trader will break even before costs/spread, due to the law of averages, so after costs, in the long run, you are almost certain to lose, unless of course you are an expert at predicting short term share price movements. Good luck though.