LONDON, July 5, 2011 /PRNewswire/ --
When spread betting or CFD trading, it is very important to have a strategy in place so you are not just buying and selling on gut feelings. Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) offers free seminars on technical analysis, which could form the backbone of your strategy. The seminar, entitled 'Technical Analysis for Beginners' will teach traders how to identify trends in the market.
This seminar is led by the company's Chief Technical Analyst Sandy Jadeja. Over the course of the 90-minute workshop, spread betting expert Mr. Jadeja maps out the best ways to technically analyse a financial market, demonstrating how to chart performance, use historical patterns and focus on trends.
Identifying a trend, whether rising or falling, can be one of the most effective spread betting strategies for new traders. Sandy Jadeja agrees: "Especially for those just starting out, you want to be able to just scroll through the securities on your charting package and pick out nice, smooth charts of movements in one direction or the other."
To learn more about 'Technical Analysis for Beginners', and to see the other free seminars available from City Index, visit:
Keep up with market movements wherever you are with the City Index mobile trading platform. Find out more at:
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
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 in over 50 countries. We provide access to instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.
We constantly look to improve the performance of our platforms and expand our range of services. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support. Visit http://www.cityindex.co.uk/ for more information.
Contact: Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond[at]cityindex.co.uk
SOURCE City Index PR