Editorial List Editor Richard Jennings Sub editor Simon Carter Design www.coyotecreative.co.uk Copywriter Sebastian Greenfield Editorial contributors Tony Loton Phil Seaton Thierry Laduguie Filipe R Costa Chris Chiilngworth
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Foreword As I write, playing the markets feels like being in a washing machine on full spin. These last few weeks of November have been, without a doubt, the hardest trading environment that I have endured since the terrible summer months of 2011. The “fiscal cliff” and social unrest are being wheeled out by the media pundits as the reason behind the sharp shakeout. Whatever, it seems that there are some top-heavy positions that are being unwound in the equity markets at present and for those caught in the mix it ain’t been fun! Of course, the beauty of spread betting and CFD trading is that you can simply press the short button and take advantage of a downdraft. Snag is, it is of course not easy to tell what the short-term trend is, and when you do feel confident of pressing the button, you can bet your last coppers that the proverbial “sod” and “law” will assert themselves! A must read this month is the update from our novice spread better — Chris Chillingworth who is learning the ropes in the markets and bravely baring his experiences for all our readers. At the other end of the experience spectrum is a cracking interview with Mark Austin — widely recognised as THE FTSE trading guru. Be sure to take a look at the piece which was covered as an interview by Zak Mir. In keeping with the festive theme, we take a look at the so-called “Santa Rally” to find out if it is a myth or actually grounded in fact and we come up with some rather surprising results. For those readers looking for some “hand holding “in their spread betting, then the Managed Spread Betting Services piece is also likely to prove of interest. Hell, after being in the markets for over 15 years, even I could do with my hand holding now and again (in both senses!) — all recite The Beatles — “I wanna hold your hand..!” We’ll be producing the New Year edition of the magazine towards the very end of December and which will be packed with some great trading ideas for 2013. So, as we draw the curtain down on 2012, I would like to thank all our readers for your continued patronage of this magazine throughout this year. It’s been hard work, but worth it, and we are going to kick-off our shoes and enjoy the festive period now! Season’s Greetings to you all.
Richard
The views and recommendations in this publication are based on information from a variety of sources. Although these are believed to be reliable, we cannot guarantee the accuracy or completeness of the information herein. As a matter of policy, Spreadbet Magazine openly discloses that our contributors may have interests in investments and/or providers of services referred to in this publication.
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