How Much Risk is Involved in Spread Betting?

There is no kind of spread bet, or any kind of financial trade for that matter, without an element of risk. However, this risk can be minimised by putting everything you can into every trade that you enter. The approach that smart traders take is to adopt a somewhat fearless approach to the market. However, this lack of fear is based on the fact that they have calculated the risk being taken with each transaction, giving them cause to be confident.

On the other side of the coin, there are a number of investors who fear taking even the slightest risk. You can’t enjoy playing the game, however, if you are only playing at an inch-by-inch level and will greatly limit your profit potential.

So there are a few aspects of trading which need to be grasped in order to make intelligent decisions, ensuring that you only take risks when the odds are truly in your favour. Some of these aspects are based around diversification of your portfolio.

Diversifying your investment portfolio is among the most essential and basic things that you can do if you wish to protect your gain, profits and the investment itself. It may look or sound easy at first glance but implementing this strategy can be tedious. This is due to the fact that there are some qualifications needed if you want to make the most of the diversification of your portfolio. With spread betting, for example, it could mean that you put a position on instruments or assets that are entirely unrelated. This requires that you spend some time investigating if your underlying assets are unrelated in any way to the asset being traded on.

Also essential are the appropriate and proper risk management strategies when it comes to financial spread trading. One of the more popular types of tools that can be implemented are limit orders or stop loss orders. Stop losses work in that they are implemented at a certain price and should the market reach that price; the order is then regarded as being a limit order. Therefore, they regulate or limit the amount that can be lost on a trade. For example, should an investor enter a trade at £400, he may wish to place a stop loss order on £3,950. He is essentially speculating the commodity in fifty points or less and if the price falls below that amount, he exits the trade and limits the loss.

Cantor Index provides an opportunity, via its trading platform, for you to make your first foray into financial spreads. Belonging to the Cantor Fitzgerald Group and regulated and authorised by the Financial Services Authority, they are among the more established and experienced trading firms. They are genuinely passionate about trading which is revealed through their knowledge and experience, and are willing to help their customers to make the most of the tools available and succeed in spread betting. These tools include live streaming charting, market news and market analysis, each playing their part in placing the odds in your favour.

DIY or Pay For Help?

If you’re considering renovating your home this summer, you may have thought “oh, that project is simple, I can do it myself”.  However, in reality, you end of taking 6 months and never fully finishing it…  We’ve all been there, and that is why it is important to decide if you’re going to do it yourself, or if you should pay for help.

What is Your Skill Level?

The first thing to ask yourself is do you have the skills to do it.  If you’re willing to learn, and okay with making mistakes at first, you can learn how to do any renovation project.  However, if your project involves re-wiring your house, you still may want to consider hiring a paid, licensed professional to make sure that you don’t end up burning down your house in the end.

Before you start any project, make sure that you have the right skills needed for the job, or consider hiring out.

How Motivated Are You?

Next, you need to ask yourself how motivated you are.  And don’t just consider your motivation right now, but how motivated will you be after 8 hours of work on a Saturday and realizing that you’ve done it all wrong?  At the moment of frustration, you may find that it would have been better to just hire out the work, instead of trying to do it yourself.

However, you also need to keep in mind the difficulty of managing workers as well.  Either way, you need to be motivated to see the project through to completion.

Do You Have the Time and Money?

Finally, you need to consider if you have the time and money.  No matter the project, you should estimate the costs using something like Cordell Estimating Software, to estimate the amount of materials and labor involved.  Then, consider how much time it will take you, and maybe even look at your hourly wage.  You could find out that it is effectively cheaper to hire someone to do the work, because they can get it done faster than you.

How to Add Curb Appeal to Your Home

If you’re thinking about selling or renting your home, or if you’re just having a house party next week, you don’t want your first impressions to be bad.  That is why adding some curb appeal to your house is a great do-it-yourself project for any budget.  If you only have a few dollars, or want to revamp the entire front of your house, there is a project for you.

The Entry Way

The first thing to look at is your front door.  If you have an older painted door, you may consider stripping and repainting it with a bold color to make it stand out.  If you have a wood door, you may want to re-stain it to make it shine once again.

You also don’t want to forget the trim around the doorway, and any ornamental objects that may frame it in.  Replacing trim or repainting it with an offsetting color can add character immediately.  And replacing old porch lights around the door with new fixtures can add spice.

Walkways

Next, you may want to consider updating the walkway from the street or driveway to the house.  If you already have a concrete or other pathway, you may want to consider washing it and refinishing it.  This can make it look better, and help it last.

If you’re looking for something different, you could always use Hitachi Mini Excavators to dig out the old concrete slabs, and then put down pavers or other stones.  This can add a much classier look, and most paver systems can be laid by you in a weekend.

Plants and More!

Nothing shouts a great first impression like great plants and flowers. Great gardens can really make a house stand out. Make sure that your plants are all alive and looking good.  Also, make sure that they have been pruned or trimmed recently to give a consistent look.  When in doubt, trays of flowers always make a good first impression if done correctly.  They can add color and quickly fill planters and pots.

A Few Ways to Save Money Around the House…

Now is a great time to think about saving money around the house.  And believe me, there are a ton of different ways to do it – from small projects, to quick phone calls, to huge undertakings that will take a lot of time.   No matter how big or small your ambitions are, here are some great ways to save money around the house.

Small Projects

The first thing you should think about when looking to save money around the house are small projects you can do to save some money.  For example, you could turn down the temperature setting on your hot water heater, and save on your energy bill.  Or, you can switch your old light bulbs for CFL bulbs to save money on your electricity bill each month.

Another thing to consider is weather-proofing your home, especially before the cold weather comes in the fall.  By keeping the warm air in, you can further reduce your energy costs.

Quick Calls

Another way to save money is to make some quick phone calls and see if you can lower your bills.  For example, if you haven’t looked at your insurance policy in a while, it may be a good idea to see if switching can save you money.  For example, you could call a competing company like Castle Cover home insurance and see if they can give you a better rate than what you’re currently paying.  A short phone call could save you hundreds.

Also, you can apply the same tactic to your utility companies as well, and see if they have any better rates or promotions they can give you.

Big Ideas

Finally, there are always big ideas that can help you save money.  For example, you could consider getting solar panels for your home.  Not only could you possibly eliminate your entire electric bill, in some cases you could sell back your excess electricity to the grid and get paid for it.  That could make it worth the big expense of investing in solar panels.