immi ShowCase Magazine chair version | Page 23

F inance You also need to decide your stake, which is the amount you’re betting per point. For every point the market moves up or down, you’ll win or lose this amount. So if you BUY £5 per point and the market rises 5 points, you’ll make £25. To open your position you put down a deposit to cover any potential losses, known as ‘margin’. Be careful. While your profit can increase dramatically if the market moves substantially in your favour, so can your loss if the market moves against you, and you Be may lose more than your initial margin.z difference between our SELL price and our BUY price. If you think the price is going to rise you BUY, or ‘go long’, and if you think the price is going to fall you SELL, or ‘go short’. The ‘spread’ in spread betting is the difference between our SELL price and our BUY price. If you think the price is going to rise you BUY, or ‘go long’, and if you think the price is going to fall you SELL, or ‘go short’. “ PROTECTING AGAINST LOSSES For instance your stop-loss may be placed 10 points below your BUY price, ready to close your position if the price drops more than 10 points. Stop-loss orders are completely op- tional, but they can be useful for risk protection. Please note that stop-loss orders are not guaranteed and may be subject to slippage (positive and negative) and market gaps in volatile market conditions. careful. While your profit can increase dramatically if the market moves in your favour, so can your loss if the market moves against you. When you place your spread bet with Inter- Trader, you can create a ‘stop-loss’ order to exit the trade automatically if the price moves a certain amount against you. As the name suggests, this order acts as a safety net, stopping you from making a greater loss. 23