How Can I Make More Money From Home - Spreadbetting Every year millions of people are actively searching for opportunities to earn a living from the comfort of their own home.
The term "make money from home" is searched on Google over 100,000+ times per month, and this is just one of many different phrases that are searched.
This gives you an idea of how many people are actively looking for the same opportunities as you.
The good news is, these opportunities still exist.
I'd like to introduce you to a concept that has been around for over 25 years that many of these 'work from home' articles don't cover and it's an area which is slowly getting more popular every year.
Today hundreds of thousands of people around the world are making money from the comfort of their home using this concept.
Spreadbetting involves betting on the price movements of the stock market.
Simply put, you bet a certain amount on whether the price of a stock (BP, Mulberry, Google inc.
) is going to move up or down.
For every point the price goes in your predicted direction you make that money.
You can also bet on indices (FTSE 100, NASDAQ, DOW JONES) and commodities (GOLD, SILVER, PLATINUM).
In fact, most bookmakers allow you to place these bets on almost any markets now.
For example, les say you place a £1 bet on the share price of Google to go down.
Google then goes down 50pts as predicted by the end of the day.
You've made yourself £50.
Of course, if the price goes up 50pts you've lost £50.
However, there is something we can do to control our losses and minimise them.
Now, I know what you're thinking.
Betting? That's gambling right? Well, technically it is.
However, Spreadbetting allows you to place something called a stop loss.
This is a marker that says "if the price drops below X then get me out of the bet".
Looking at the above example again.
You might place a stop loss 10 points higher than your bet.
This way if the price drops 50pts you make the £50, however if the price rises 50pts your stop gets activated as it passes the 10pt mark and you only lose £10.
What does this actually mean in reality? Well, it doesn't stop us losing money, but what it does do is allow us to lose small amounts when we get our predictions wrong, but make unlimited amounts when we get it right.
Typically even if you get 80% of your trade picks wrong, and only 20% right, providing you have used stop losses you should still make a hefty profit.
There are other factors to consider to make this successful of course.
Money Management is key.
For example, you should only really risk between 5-8% of your capital, and you ideally need about £500 capital to put into your account to start you off.
However, you can make thousands per year and many people have become millionaires through spreadbetting using these basic techniques.
I am an avid spreadbetter and have been spreadbetting for several years now and all this can be done from the comfort of your home.
All you need is a PC and internet connection to open a spreadbetting account.