Spread betting business plan

A business plan is more than a trading plan. Develop a strategy for re-entry if a trade exit is premature.

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Is the next day a Triple Expiration? Create a faux run of results and throw in losses and see how it will affect your bank, stake etc etc.

How much profit do you expect to make from trading?

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Routine keeps one focused in the present and on the process. Will you trade FX pairs? Have a predetermined rule that will ward off problems and seek out solutions before any major losses occur. Treat your betting like a business and you can start to turn betting losses into betting profits.

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Instead, be realistic and just accept the fact that it takes time and learning to become a really good spread bettor.

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Spread Betting Trading Plan