There is not a single successful trader today in the industry that started out as the big man on the block. Most traders started off with a small base of capital and build up their operations from there. Whether you choose to start with 100 pounds or 1,000 pounds, the principle is the same: start trading with small stakes and build up from there. Compound your profits and trades off of your starting capital and always keep your capital safe and out of the actual markets. Almost all of the spread betting sites will offer warnings regarding how fast you can win and lose money on financial spread betting, and one of the ways to help protect yourself is to keep your actual working capital to the side and start small enough that you do not risk ruining your chances of continuing should you happen to suffer a loss, which you will over the course of time.
It is easy enough to make a profit on spread betting even if you are investing only small amounts. For the sake of argument, consider that Wall Street may rise in value, and the current spread is 9781-9790 points; you purchase 9790 at one pound per point. The market moves to 9870-9810 and you sell at 9870; you have a profit of 80 points (the price sold minus the price you paid), which means you just made 80 pounds. A reasonably small bet of one pound per point, but the payout was significantly higher. The market could move the other way as well, but this is the reason you start small until you are familiar with the spread betting system.
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