PRN: 5 Tools to Simplify Your Financial Trading
5 Tools to Simplify Your Financial Trading
LONDON, July 15, 2011 /PRNewswire/ --
When it comes to financial trading, spread betting expert Sandy Jadeja is a strong believer in keeping things straightforward. "I don't believe that the markets are random," states the Chief Technical Analyst of City Index (http://www.cityindex.co.uk/). "I believe that you can use simple tools to extract regular profits from the markets. Whenever I use complex strategies I lose money and when I use simple strategies I make money."
With this in mind, here are five tools to simplify your financial trading.
Stop losses limit your downside potential by automatically closing a spread bet as soon as the market passes your chosen trigger value. Guaranteed stop loss orders are more efficient risk management tools than standard stop loss orders, as they guarantee to close your trade at the exact trigger value you have set, regardless of market gapping.
With many markets available to trade 24 hours a day, mobile trading is an effective way to keep in touch with - and react to - the spread betting and CFD trading markets. Last year City Index's City Trading™ mobile app was voted FT and Investor's Chroncile Innovation of the Year and Best Mobile Trading Platform by Shares Magazine.
From Bloomberg and the FT to MarketWatch and the Investor's Chronicle, keeping abreast of the latest financial news can help you react more effectively to trading opportunities that present themselves.
With so many markets to choose from, it is crucial that you know all you can about those that you decide to trade. The daily market commentary from the financial trading experts at City Index will help you to analyse the spread betting markets and take a clearer view on the direction of future price movements. You can also keep up with the latest daily market updates on the City Index YouTube Channel at http://www.youtube.com/user/CityIndexLtd.
City Index offers free seminars, webinars and a demo account designed to help you hone your analysis skills and trading strategy without risking your capital until you are ready. Find out more at http://www.cityindex.co.uk/learn-to-trade/
Learn more about spread betting and CFD trading at http://www.cityindex.co.uk/
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:
Company Codes: Bloomberg:1568010Z@LN