Trader Academy
Welcome to the Trader Academy - where learning is earning.
Find out more about Spread Betting, learn the basics of the financial markets and discover some of the best sources of information available on - and off - the internet.
Video Tutorials 1
Video Tutorial 1
An Introduction to Spread Betting
- What is a Spread Bet
- The Cost of a Spread Bet
- Advantages of a Spread Betting
- View Tutorial (Duration: 3min)
Video Tutorial 2
How To Trade
- Gearing
- How Long Does A Bets Last
- Stop Loss Orders: Managing Potential Losses
- View Tutorial (Duration: 8min)
Video Tutorial 3
Shorting
- Why Bet On A Falling Price
- Long And Short
- An Example Of A Short Bet
- View Tutorial (Duration: 5min)
Video Tutorial 4
Orders
- Market Orders
- Stop Loss Orders
- Limit Orders: Placing Bets If A Price Is Reached
- View Tutorial (Duration: 7min)
About The Markets
Every week the Paddy Power traders work their fingers to the bone producing edifying articles on the financial markets, and here are some of the best.
Whether you are new to trading or an old hand, we heartily recommend spending a few minutes on our 10 Golden Rules Of Spread Betting . After that you might also check out our posts on Risk Management and Stop Losses.
Don't those charts the 'professionals' use look great? If you want yours to look just as impressive (and hopefully improve your trading) we suggest starting with Support and Resistance. Then feast on Moving Averages and, if you're still hungry after that there's Fibonacci Retracements for dessert.
And there's more! For articles about Stocks, Stock Indices, Currencies, Oil, Gold, Bonds, Economics, in fact for the full monty click here.
Finding Information
Some traders like to keep life simple and only use a few graphs for their trading. Others want as much information as they can get their hand on. If you fall into the latter category here are some of the tools we Paddy Power traders use and abuse.
CNBC Europe and Bloomberg are the two TV channels we always have on in the office. No cable or satellite TV? Both are also available over the internet, though Bloomberg TV is delayed by a minute or so and CNBC requires a subscription.
There are a LOT of news websites out there. However many simply republish stories from the news wires (the wires being the guys that provide news to the newspapers and TV). So, if you prefer to go straight to source, our pick of the wires are Reuters and Bloomberg.
Yahoo! Finance provides news from a few carefully selected sources. It also lets you set up a portfolio of stocks, then monitor news for just those stocks. Google News takes a different approach; it provides news headlines from a massive number of websites and lets you set up a personalised page with the news you want.
And there's more! For other useful news websites, educational websites and a list of our fave blogs click here.