Spread Betting Brokers Want You To Lose | Learn to Trade | Trading College UK

Do spread betting brokers want you to lose money? Some do and some don't necessarily mind if you win or lose. It's all about managing risk for the broker just like it is for us traders. Not many brokers lose money so what happens if you're in a trade and making money. Do they lose money or what do they do? If they are going to hedge a position at what amount per point will they go out and do so. On this video, Lee lightly discusses the goal of spreadbetting broker.
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Trading College was founded by Lee Sandford. Following an 18 year career in professional football, Lee committed himself to mastering the markets. Like many beginners, the early years saw him attending a few courses - but this generated little more than frustration. So Lee read avidly and looked further afield. After an enlightening stint in the grains trading pits at the Chicago Board of Trade, he returned to the UK with new vigour. Lee has traded since 2003 and earns his living as a trader. His message to his students: “Become the master of your tools and you then have a chance of being a highly successful trader. If I can do it, you can do it”.
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[@tradingcollege]

Thanks for watching. What do you like and dislike about this video? Please let us know in the comments so we can improve future videos. Best wishes from the Trading College team. Subscribe to our channel and opt-in for notifications to receive trading videos every week! www.tradingcollege.co.uk

[@JAYSCLASS]

Thank you for this. Was exactly what I was looking for. Great explanation!