As you try to master the basics of how to spread bet, a key question for most beginners is "where can I find advice on trading?" Here are three sources you may not have thought of (at least not in the context of making money) that are nonetheless well worth a try.
MoneyWeek's video tutorials
Reading about financial markets can get a bit dull. So why not try a video instead? On our video tutorials page, for example, you'll find my introductory videos covering how spread betting works and why it can be a great way to make money.
Then, how about trying out veteran trader John C Burford's trading tutorials? You'll find tips on topics ranging from tramline trading to using Fibonacci sequences.
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Now it's fair to say that without a bit of screening Twitter can be a daunting place to find anything. However, it is home to more and more insights from spread betting gurus. For starters you could try out feeds such as @josh_CityIndex and @Sandy_CityIndex to keep up with news and analysis from brokers at CityIndex. As Timm Sprenger, a PhD student at the Technical University of Munich who has analysed 250,000 tweets, says of Twitter: "I don't think it is the Holy Grail to make millions but it is a very credible and legitimate source".And that's especially true when tips are retweeted.
Fellow spread betters
Spread betting can seem a lonely business. So why not meet up with fellow spread betters and find out more over a drink? At sites such as meetup.com you can find other folk in your area with an interest in, say, 'technical analysis and trading'. And if they don't float your boat you could always try searching on 'drinking' instead.
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