Binaries in Spread Betting
Well I do trade in spread betting, binaries are short term position, as I say, I’m moving away from those to Tunnel bets. I think it’s nice, relaxed way of trading really. Mark any points?
Mark: It’s all down to market conditions as well because we’ll talk about this in a minute with trade set ups, but if you got a very volatile market you and I have a personal preference to use binaries because there less likely to get stopped out, but if you’re in a less volatile trending in spread betting where there are very clear stops, then I’ll use spread bets. Obviously this morning as well I got a lot of opportunities and a lot of systems that come out at 8:00 on the spread betting market open and the spread bets are better suited to that. The type of instrument you use, it’s not really what proportion.
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