How to make a living out of day trading CFD and Spreadbetting

How to make a living out of day trading CFD and Spreadbetting

In the current situation now a days, with the huge changes that daily happen either in the currency pairs, equities(such as the BP Oil spill crisis), and even commodities with a predictability of the Gold Value dropping again following the next cycle.

In such a context, there is nowadays an increasing trend towards the Day trading possibility. In a past filled with gambler-like clients in the day trading market, nowadays the present contrasts with the current amount of serious investors that actually make consistent profit.

According with Drew Niv, CEO from FXCM in an interview to IBTimes UK:

IBTimes: How is the forex market different from two or three years ago?

Drew Niv: "The Forex Market today is very different. It's started to mature. Customers are getting much more sophisticated. They want more automated trading solutions. They are having less of a gambling mentality. They are much more careful traders. They are getting smarter."

"A lot of people are coming to FXCM because they are starting to make money and don't want to have a broker who is working against them. Because we are an agency broker we get paid by volume. So we want as many profitable customers as possible, because they do more trading."

In such a context, anyone aspiring to become a CFD/Spread betting Trader needs education, and this initial investment is really important and shouldn't be forgotten. Actually nowadays the majority of CFD/Spread betting brokers already offer education and the possibility of creating demo accounts, and in this sense, it may even become difficult to select the best to provide your education.

To answer this demand, the CFD Centre came with CFD relevant and updated News, Education, Exclusive Comments and Analysis from very experienced CFD Traders and analysts from all over the world and specially the United Kingdom. With all the content updated from various places in the world 24h/day, it comes as the best ally to any individual pursuing to become a successful day trader.

To finish and as a recommendation, for selecting the best broker it's recommended to search and try to find one that is not counterpart with the client and try its demo accounts and its strategies to be well prepared for trading with a live account.

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