I am looking to profit from the volatility. If I can buy something today and sell it tomorrow after it has gone up by 10% then I consider that a good day's work.
I don't like spread betting as the potential losses are greater IMO. At least when you buy shares, even if the price moves against you there is a chance of recovery plus dividends.
I bought £300 of Barclays shares at 189p a few days ago (wish I bought at 170 though!!). They are now at 201p. They may go up even more (or fall). At some point in the next month they may reach 225p at which point I will sell.
Last edited by a moderator: Oct 30, 2008