LONDON, February 21, 2011 /PRNewswire/ -- Spread betting is not something that can be entered into without the knowledge and education to back it up. Even once the basics are mastered, a good spread bettor will always be looking to improve his abilities. Spread betting provider City Index (http://www.cityindex.co.uk/) offers three ways for traders to build on their current skills:
1) Spread Betting Seminars and Webinars
Free weekly spread betting seminars ( http://www.cityindex.co.uk/learn-to-trade/seminars.aspx) and webinars from providers such as City Index are designed to help you improve your spread betting and CFD trading skills, no matter what your level of financial skills or trading knowledge. Topics range from the basics of spread betting and CFD trading to technical analysis, candlestick patterns and other more advanced areas.
2) Strategy and Planning
Before they place a spread bet, an experienced trader knows exactly why they are opening the position. They have already planned where they want to take a profit and, more importantly, where they are willing to take a loss, setting out stop losses and limit orders accordingly. Maintaining a spread betting strategy in this manner requires constantly testing and refining it to make sure that it works for you and the markets in which you trade. Regardless of your spread betting expertise, a good way of testing your financial spread betting strategy is with a free demo account ( http://www.cityindex.co.uk/learn-to-trade/demo-account.aspx).
3) Mobile Spread Betting
As the technology around us continues to develop, so does spread betting. With the fast-moving financial markets of today, it is crucial that you have access to your trading platform whenever you want, wherever you are. This has paved the way for iPhone spread betting and mobile trading from the likes of City Index (voted 'Best Mobile Trading Platform 2010' at the MoneyAM Online Finance Awards), allowing spread bettors 24-hour access to live prices on thousands of global markets.
To learn more about the City Index mobile application, now also available for Android, Blackberry, Windows and Java, visit
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
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About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for differences (CFDs) and, in the UK, spread betting.
We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.
SOURCE City Index