
039: Tom Dante – Speaks to the Competitiveness of Trading and Essential Skill Sets for Profitability
Chat With Traders
00:00
Spread Betting
I kept up this losing process of buying these stocks and not making any money for four years, if you can believe that. And I couldn't beat the market without being able to short - which was going to be something that would massively help me. Then in 2004, I came across spread betting; it has major advantages for UK citizens because we don't pay tax on winnings. It opened up doors in terms of new markets that I could trade, like now I could trade forex,. commodities, bonds, stock indexes, as opposed to just stocks.
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