By: Vince Stanzione
Winning Fixed Odds Strategies – Making Money With Bet on markets- Profit From Up, Down Or Sideways Markets
Vince Stanzione: Fixed Odds financial betting offers a range of ways to back different markets, which I see as a financial toolbox, you just need to select the right tool for what the particular market you wish to back is doing.
Fixed Odds betting has some big advantages over financial Spread Betting especially for those starting with smaller accounts. With Spread Betting you’re paid by the number of points you are correct by, with Fixed Odds you can make a large return with the market moving just a few points in your favour. Another massive advantage of Fixed Odds over Spread Bets is that you don’t need to worry about using Stops.
Apart from One Touch bets, with Fixed Odds you are buying time, similar to an option, so your bet could be wrong for days or weeks yet by the time expiration comes you can still end up in the money and win. Many traders have the right view on the market but their timing tends to be out and they are stopped out when using a spread bet, only to see their trade move in their predicted direction. By using a Fixed Odd bet this takes away the worries of day to day price spikes.
Here are 8 Top Tips for Fixed Odds Trading
1. You can make money from Up, Down or Sideways movements
With fixed odds you can make money from markets moving up, moving down or staying in a sideways range, a concept that even professional traders find hard to grasp. Even after big falls in the markets in 2008 most traders are still conditioned to want to buy low and sell high.
Remember that markets fall faster than they rise so down bets can make quick profits. With fixed odds you can back currencies, shares and indices to fall all with limited risk and the most you can lose is your stake which can be as low as £10.
Sideways markets can be backed using Barrier Range bets. Until Betonmarkets.com introduced these it was very complicated to make money from range bound markets and you would have had to use options strategies such as selling options. Now you can do it with a simple bet and with strictly limited risk.
You would be surprised how often a currency, share or index actually stays in a range – until recently you could not profit from ranges.
2. Learn to love volatility
With fixed odds, bookmakers such as betonmarkets.com you can place an UP/Down bet which basically means “I don’t know what the market is going to do but I think it’s going to move.”
As long as the market moves Up or Down and breaks above or below your predicted barrier you will be paid out. This bet is ideal after a market has been going sideways in a narrow range for awhile as the odds of a breakout becomes more probable. Those that follow charts can look for contracting triangle formations. As the price squeezes you know at some stage it will breakout normally with a big move. With Up/Down bets you don’t have to predict the direction of the breakout as long as it does breakout within your predetermined time.
Tip: Buy a bit of extra time. We all want our bets to payout as quickly as possible for the highest payout but I suggest taking a slightly lower payout and buying a few extra days of time. So let’s say your offer is 40% for the NASDAQ touching 1550 in 14 days, try going for 18 days, the extra few days have saved me on many of my trades. Part 2 to follow.
Are you missing out?
Many using Financial Spread Bets or CFD’s have a tendency to look at fixed odds as a poor mans options market or haven’t treated it as a serious trading platform.
Fixed Odds financials are now over 10 years old and have come along way and offer both small and not so small clients a way to back markets in unique ways. I have personally used Betonmarkets.com since 1999 and have traded a good few million pounds worth of bets during the last few years. I can assure you that it’s a serious trading vehicle that can compliment both spread betting and other forms of investing and its popularity will continue to grow. You can open a fixed odds account within minutes and start trading with as little as £25.
Vince Stanzione has been trading markets for over 23 years. He now trades his own accounts as well as teaching others and is the author of “Making Money from Financial Trading.” Tags – Vince Stanzione, Vince Stanzione Forex, Finbets. For more information go to www.fintrader.net
Vince Stanzione is a self made multi-millionaire based in Europe. Started at a junior at the age of 16 for Nat West Foreign Exchange in London he worked his way up in before leaving to start up his company. He has been involved in various companies including mobile communications, premium rate telephony, Interactive gaming, publishing and television and financial trading. He now lives most of the year between Spain and Monaco and trades his own funds mainly in currencies and commodities. As well as trading he also teaches a small number of students and produced the best selling course on Financial Spread Betting. He is also the author of “How to Stop Existing & Start Living” to learn more go to www.fintrader.net
Vince Stanzione is a self made multi-millionaire based in Europe. Started at a junior at the age of 16 for Nat West Foreign Exchange in London he worked his way up in before leaving to start up his company. He has been involved in various companies including mobile communications, premium rate telephony, Interactive gaming, publishing and television and financial trading. He now lives most of the year between Spain and Monaco and trades his own funds mainly in currencies and commodities… www.fintrader.net
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