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Basic Betting at BetonMarkets There are a few basic steps to get you started betting at BetonMarkets. The first is to choose the financial market you want to trade. There are five major markets you can choose from: the Indices including Dow Jones, CAC, FTSE, GDAX, NASDAQ, S&P500, and Swiss Market Index; forex currency pairs; gold; US stocks and UK stocks. All in all, there are 50 financial markets you can choose from and still more to come. Once the market is identified you must choose a strategy and finally a wager type to best work your strategy. No Touch means you are speculating that the market will not touch a certain level. Barrier Range is almost the same as No Touch. The difference is that you are predicting that the market won’t reach either of the two points of a certain range. One Touch is predicting that a market will touch a certain level. These are just a few of the bets you can take. One advantage at BetonMarkets is that you can win or lose whatever the movements of the markets are; be it rising, falling, or trading sideways. Your next consideration is the time limit you want the bet to endure. It may vary from 2 to 180 days depending on the different strategies you employ to speculate on the movements of the market. The final step you have to take is to determine the critical level of the market. This can be the price or the value when the market expires. Since financial betting does not require you to own stocks or currencies, you really don’t need to understand these critical levels. All you have to do is to predict the movements in the market in a certain timeframe. But of course, it is always best to have a little knowledge on the market you are betting on. At BetonMarkets you can place bets as low as 5 euros up to 50,000 euros. Since the system utilizes fixed odds betting, your stake is merely based on the initial amount of your bet. Unlike spread-betting, in fixed odds wagering you get to double or triple the amount of your wager - yet the most you can lose is just your initial premium. To illustrate, if you bet an Expiry to back your speculation that in four weeks, Dow Jones will be above 10,500 and consequently, it went up to 10,600 two weeks after betting on it, your bet will be worth more than your initial fixed bet. You may want to keep the wager until it expires or sell it right now at a profit Fixed-odds betting is often referred to as trading digital options since the value of your bet can rise more than your initial payment or fall to nothing at all. The beauty of this system is that you don’t need to invest large sums in stocks or futures contracts; you just have to pay a little commission to be deducted from your winning wagers. Aside from that, all winnings are tax-free based on UK laws. Disclaimer: The information on this website is for entertainment purposes only and is not to be taken as financial advice. Always consult your professional financial advisor before undertaking any investment or trading plan. In some jurisdictions financial betting at BetonMarkets.com might be considered online gambling and therefore be deemed illegal, so check with your local laws first. There is risk associated with trading or financial betting and you can lose money. Proceed at your own risk. Terms of Use • Privacy Policy • BetonMarkets Blog • © Copyright 2009 BetonMarkets-Strategy.com |
