Turn on thread page Beta
    • Thread Starter
    Offline

    0
    ReputationRep:
    Is there any student who actually spread bet with real money and have made some good extra cash??

    Edit: how much!
    Offline

    13
    ReputationRep:
    I've never tried it, too risky for me
    i wouldn't reccomend it because its so easy to get sucked in and lose everything
    good thing about it is that its not taxed though
    Offline

    13
    ReputationRep:
    €texas
    Offline

    20
    ReputationRep:
    (Original post by Fynch101)
    I've never tried it, too risky for me
    i wouldn't reccomend it because its so easy to get sucked in and lose everything
    good thing about it is that its not taxed though
    This.
    Offline

    15
    ReputationRep:
    Tried it once. Was up 600 quid around lunch time and then lost it all. Pretty poor showing tbh. Don't waste your cash.
    Offline

    15
    ReputationRep:
    Nice bit of fun if you have an opinion, but beware that only about 1 in 5 spread betters ever make a profit
    Offline

    20
    ReputationRep:
    (Original post by loggins)
    Nice bit of fun if you have an opinion, but beware that only about 1 in 5 spread betters ever make a profit
    Depends how long you do it for, the figure I had in my head was 1 in 9. But yes, low
    Offline

    15
    ReputationRep:
    (Original post by Quady)
    Depends how long you do it for, the figure I had in my head was 1 in 9. But yes, low
    My figure was from the ever reliable wikipedia :p:
    Offline

    13
    ReputationRep:
    (Original post by loggins)
    Nice bit of fun if you have an opinion, but beware that only about 1 in 5 spread betters ever make a profit
    and 75% of options expire worthless or something like that...

    so not a good argument even though I agree with you :P
    Offline

    12
    ReputationRep:
    (Original post by Mrxela)
    Is there any student who actually spread bet with real money and have made some good extra cash??

    Edit: how much!
    I spread bet with small amounts of money (originally started with £200). It's no problem to make consistent gains if you're prudent.
    Offline

    14
    ReputationRep:
    (Original post by Mrxela)
    Is there any student who actually spread bet with real money and have made some good extra cash??

    Edit: how much!
    Yeah, us IBD interns do it all the time. Quite good at it as well.:rolleyes:
    Offline

    12
    ReputationRep:
    (Original post by uthinkilltellu)
    Yeah, us IBD interns do it all the time. Quite good at it as well.:rolleyes:
    What company do you use?
    Offline

    14
    ReputationRep:
    (Original post by Joel4fun4u)
    What company do you use?
    mergerarb pro:rolleyes:
 
 
 

3,263

students online now

800,000+

Exam discussions

Find your exam discussion here

Poll
Should predicted grades be removed from the uni application process
Useful resources

Articles:

Guide to investment bankingGuide to consultancy

Featured recruiter profiles:

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

Quick link:

Unanswered investment banking and consultancy threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.