Spread Betting Safely to Boost Your Earnings –

Prudence and intelligence can go a long way towards building a reliable wealth management system. Although experience is an asset gained over time, it still pays to approach concepts such as spread betting with a bit of preparation. How can safe spread betting strategies help to boost your earnings while simultaneously avoiding the inherent risks within this market sector? This question is just as pivotal for advanced investors as it is for the novice trader. There are a few different concepts to address in order to accommodate for all of the potential variables which exist.

The Importance of Narrow Spreads

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Why are narrow spreads so critical? The main reason is that tights relationships between the buy and sell price of a certain asset illustrate that trades will be completed in a quicker time frame. This helps to offset market volatility while investors can execute more positions. Another benefit here is that frequent trades enable individuals to better analyse their current strategies and if necessary, to enact on-the-fly adjustments. With spreads as low as 0.3 points, CMC Markets is keen on addressing the needs of the prudent investor.

Longevity Versus Short-Term Profitability

Each trader will have a different goal when entering into a spread betting position. Some are primarily looking for short-term liquidity. Others could instead adopt a risk-averse strategy and opt for sectors such as indices or commodities. The fact of the matter is that there are viable arguments for each standpoint and the ultimate decision is up to the investor in question. This is why CMC Markets provides over 9,500 unique products to choose from. Even the most discriminating of needs can be met with ease.

Emotionless Trading

Spread betting can be an extremely exciting approach to investing. Due to its relatively fast-paced nature, traders may be overcome with emotions such as joy, fear and even greed. We should still remember that these sentiments can often serve to cloud your judgement. In turn, you might not be able to make objective decisions when they are required the most. Keep emotions out of the picture as much as possible. Avoid trading when you are stressed, tired, anxious or simply not in the “mood”. Successful investors are those who have been able to adopt a more pragmatic point of view.

Use Margins with Caution

There is no doubt that margins can vastly increase your ROI within any given position. This very same scenario tends to gloss over the fact that losses can mount just as quickly. Margin trades should represent only a small portion of your overall strategy and if you are not familiar with their mechanics, it is best to avoid them altogether until a more circumspect education has taken place.

Spread betting is an excellent vehicle if you are looking to maximise profits while still enjoying the flexibility of quick trading cycles. These are some suggestions which can help to point you in the right direction if you are new to this sector.

 

Gi2C investigates: How to recognize fake China internship reviews and scams

Gi2C investigates- How to recognize fake China internship reviews and scams

When interning abroad, it’s important for any China intern to do their research and read about several internship providers before making any decisions.  In addition to reading the providers’ websites, you can email or call each provider and see how helpful they are. On top of that, one of the best ways to research an internship provider is by reading past intern reviews.

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Most of these reviews will tell the true story of the intern’s own experience. However, as there is always competition in business, especially in China, there are a lot of fake reviews and fictional stories floating around on the web. It is a scam to write intern reviews yet not be an intern. Some of the fake reviews may be positive as they are designed to make the internship provider look better while some of the reviews are negative or even slanderous and left on competitors’ websites in order to unfairly steal away business. If you are doing your internship research, how are you going to know which internship review is real and which is fake? Here are a few tips:

  1. Go to trustworthy third-party review platforms such as Go Overseas, Help Go Abroad and Go Abroad. They have no tolerance for fake reviews.
  1. Avoid chat forums or self-created blogs that were created in the last year or two to specifically defame some service or provider. These websites will have URL’s that contain the words “scam”, “ripoff”, “fraud”, “warning” and often have lots of ads all over the page or have a no-budget, amateur design that was common of websites in 1999. There are plenty of well-known professional travel, work and internship websites to leave legitimate reviews; however, those with intent to scam or lie online are unable to pass these websites’ stringent posting rules and must instead resort to self-created blogs.
  1. Pay attention to details. If the person on one of those “scam alert” websites is talking about his friend, kid sister, or cousin, then there is no firsthand experience. Have you ever played the Telephone Game? By the end of the game, the original facts have been passed on from person to person and have been completely misconstrued. Only trust first person reviews.
  1. Check out social media. Legit internship providers are on various social media platforms and should be posting frequently. Check to see if they are using real photos, read intern testimonials and contact people there. If an internship provider hasn’t posted in a long time, this is a warning flag.
  1. Ask for a reference. While internship providers don’t necessarily want to bother all of their past interns with frequent calls and emails after they’ve left China, some interns don’t mind helping others. If you’re doubting your internship provider, ask them for a past intern reference and they should be able to connect you with few of their former interns in your area.
  1. Trust video reviews over anything written without pictures. If you are brave enough to make a video review, you are most likely telling the truth. No one wants to put their face with a lie. Videos and photo testimonials have 100% more credibility than any anonymous comment.

Use these tips to help you avoid internship scams and fake reviews while researching your China internship possibilities.  Here at Gi2C, our aim is to be completely transparent and honest and help our interns have the best possible experience in China. If you see any Gi2C scam warnings, have questions about Gi2C reviews, or would like to talk to a past Gi2C intern, please email us at info@gi2c.org.

Gi2C has been an internship provider in China since 2008 and has become a leader in the internship industry. Gi2C’s goal is to help students and young professionals not only safely get into China without falling prey to any scams but also to help them understand China and Chinese business culture. Gi2C provides tailor-made opportunities for interns to work for a variety companies in multiple industries based in China. For more information, visit their website: www.gi2c.org