Excerpt from: Understanding Spread Betting
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| July 19, 2007 | | Exiting a position while you are ahead | One way that those beginning spread betting can take build confidence and earn money is by taking profits. Taking profits is when you exit a position or spread betting contract when you have profit. A profit results when you overcome the spread set be the indexation company.
While you might have made even more money by running profits, many are just beginning with placing spread bets may find that taking profits is a good way to start, and that they can advance to more risky strategies as they gain confidence and money.
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