Always trade with what you can afford to lose

Although obvious, when spread betting you should never trade with money you cannot afford to lose. Sometimes you may feel that the odds are in your favor and get tempted to bet more than you can afford. You should understand that spread betting is based on chance and you can still lose.
Leave Your Emotions Home

When you make good profits, you may get an air of invincibility. Spread betting can be dangerous. It is important to think with your head other than your emotions when trading as losses can be devastating.

Look out for trends

Always bet on the trend unless you know something nobody else knows. If at all you feel you do know something, let me give you a hunch; you might be dead wrong. Trading against the trend is foolhardy.

Cut Your Losses

If you had bet on something and it is not going your way, it is best to cut your losses and run. Do not brood over it thinking it is going to rebound. You may be right but you would rather be wrong and still have some money than wrong and broke.

Bet Small

Always put in small bets. You would rather have many small bet than one huge one. The logic behind financial spread betting is rather obvious. If you lose the one huge bet, you are done

>>> General Tips for Spread betting