Why I don't bet on individual stocks

If you think your spread-betting platform is 'cheating' you by stopping you out for losses, it may be that you're trading in the wrong markets.

Several readers have complained that their spread-betting platform is 'cheating' them and keeps stopping them out for losses.

For them, the annoying thing is that, after being stopped out, the price goes back to where it was and carries on moving upwards.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.