Most high rollers of financial betting say that they have earned a huge sum of money from the FTSE markets only. This is the marketplace, where you get a chance to witness many high rollers spending lavishly on financial markets. Besides the FTSE markets, you have many other markets to bet on such as Dow Jones. Nonetheless, FTSE market is one such market that largely claims to attract most liquidity.Here, you bet against other punters in terms of time such as whether the FTSE market will rise or fall within a given period, for instance 8-9 and 10-11. Other major markets are midday, daily up or down markets. This means, you may bet on FTSE 100, whether it rises or falls at 12 and 4.30 respectively. However, these markets are best and easy for newbies to bet on, as the price moves slowly here allowing beginner punters to use more time to ponder and evaluate their positions.
Essential Things to Consider:
Below discussed are some vital things, which you need to consider before venturing into the financial markets to place your bets:
1.Practice a Lot
For a beginner, the world of financial betting is full of dangers. Therefore, it is wise to open a Demo account. You will find plenty of financial betting companies on the Internet that will help you in this regard. They may often offer up to £10,000 to trade with. Thus, play first with this money and then get into action with real money.
In fact, the FTSE 100 of UK is an ideal place to commence with financial betting. The blue chip stakes here are very beneficial, since they have higher liquidity. In addition, the USA stock market and Foreign Exchange are volatile for newbies.
3)Increase Your Profits
The ideal time to wager is when you think the market is moving either upward or downward. You can estimate this only by making thorough study on the market conditions and noticing latest trends occurring in the market. You may also take help of many sophisticated software program that help in estimating the market situation accurately.