Trading strategies? Complicated? Pah. The Insider hears that the strategies of many traders are no more complex than a coin flip.
According to financial betting group BetOnMarkets , its client base of traders and retail punters are increasingly turning to martingale or heads or tail bets to play the markets.
For example, if markets go up, the punter wins, whereas if they go down, they lose. Martingale bets were famously featured in Tom Stoppard’s classic play Rosencrantz And Guildenstern Are dead, right.
NO RACING CERT: More are betting on markets
COMPETITION is heating up in the world of financial betting. Fixed odds financial betting group BetOnMarkets now claims to offer the cheapest trades for punters and says its prices are as competitive as the dealing desks of the big banks.
Maximum Profits in Minimum Time Live on the 25th/26th May 2012 in London
Multi-millionaire trader Vince Stanzione is teaming up with Betonmarkets and invites you to his upcoming Financial Trading Day seminar in London.
To find out more, visit: goo.gl/8OVGM
This is a truly amazing opportunity to work with Vince Live and meet Paul McKenna, Professor Richard Wiseman and Simon Woodroffe OBE.
BetOnMarkets now servicing BetsForTraders customers
Will the bear market continue to reign? (BetOnMarkets)
Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com
The FTSE is currently indicating a lower opening, as traders are waiting for the release of the UK Industrial Production numbers. Analysts are hoping that the numbers will show an improvement in the economy. Should the analyst be right, look for the FTSE to get a nice boost.
Will the stock markets break the four-week losing streak? (BetOnMarkets)
Last week, major stock markets marked their fourth losing week in a row. The Dow fell 6.2% on the week while the S&P 500 fell 7%. Both major indices have now fallen 24% in 2009 alone, with the S&P 500 hitting its lowest level since September 1996. Gold closed the week unchanged after a volatile week that saw it dip below $900 briefly. Oil managed to gain slightly, holding above the $45 marker.