I have a confession to make. I have an agenda when writing this article. My agenda is to try and put you off wanting to start financial spread betting. Yes you read that right, I want to put you off.

Why am I wasting my time writing trying to persuade you not to take up financial spread betting? Well all I read is how good it is. I want you to get a really balanced picture, not just ‘investments can go down as well as up’ line you read at the end of other articles. If you still want to do it at the end of this then great.

Where will get best impact? Money. You are very likely to lose money in the first year that you start. There are a few that do make some but many don’t. That means unless you are willing to stick it out for more than a year, you are likely to lose money with this venture. Can you take that? Will you be able to manage your money properly and still be in the game after a year?

Not many traders survive the first year so if you have then a very well done. It is an achievement that you should be proud about. Now the real work begins, now you want to make some money. This is where it gets really hard. The big profits in financial spread betting usually only come to a small number of traders.

Do you have a personal life? If you want to keep it then you should stay away from financial spread betting. The markets are open 24 hours a day and the successful traders are their watching. They do it for the love of it. Do you have the passion to put the hours in?

If you are still reading this then you are obviously serious about it. That is good because you need to be committed to your next task. There are so many financial spread betting companies out there, now you have to select one!

If after reading this you still feel that financial spread betting is for you then please visit Nigel blog. His blog will help you get started and provide you with the information that you need to advance. It will support you in searching the financial spread betting companies.