By Douglas Gallagher
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Extra resources for Financial Betting For Dummies
Figure 4-1 shows a No-Touch Bet on the Wall Street Index. Figure 4-1: A No-Touch bet on the Wall Street Index. qxp 9/25/08 3:34 PM Page 31 31 Closing the Bet Early All open bets are priced continuously to reflect what’s happening in the active markets and show how much time is left until the bet expires. With a No-Touch Bet you can take advantage of this by closing the bet early to enable you to take a profit or to limit your loss to less than your stake. To close a No-Touch Bet early, simply go to the My Positions page, which shows the live prices of all the open bets.
Com can help you to identify trends. Use this information to help you decide how a market is likely to move and what sort of bet might succeed. ߜ Refine your bets. Adjust the parameters of your bets to reflect what you think is going to happen. qxp 9/25/08 3:33 PM Page 38 38 Remember, the better the odds offered, the more you’ll have to pay, so make sure you’re happy with the stake you choose. ߜ Try low-risk, low return bets. Lower-return bets offer a good chance of success, so you’ll come out on top most of the time.
Do your homework. Look at what’s happening on the markets to get a feel for which bets are most likely to succeed. com. ߜ Look ahead. Check the forward-looking financial calendars to see which major scheduled news announcements could affect your bets. biz. html. ߜ Use the charts. com can help you to identify trends. Use this information to help you decide how a market is likely to move and what sort of bet might succeed. ߜ Refine your bets. Adjust the parameters of your bets to reflect what you think is going to happen.