FAQ

39-woman-girl-png-image -freepngimgHOW CAN I REGISTER TO THIS SITE?

Please click HERE and register

CAN YOU TRADE PART-TIME?

Yes – Trading provides a lot of flexibility. I do not sit in front of the screen all day – I plan my trades in advance and when a setup occurs, I have orders in place to execute the trade.

WHAT IS SPREAD BETTING?

Spread Betting is a Tax Efficient Way in the UK to trade on the price movement of thousands of global financial products. There are no taxes on spread betting profits in the UK. There is also no commission to pay for spread betting since the broker makes their money from the spread ie. The difference between the sell and buy price of a product.

A spread bet is also a leveraged product, which means you only need to deposit a small percentage of the full value of your position – known as margin. Spread Bets are a form of derivative product, meaning that trades can be made without a trader owning the underlying asset.

When you spread bet you take a position based on whether you expect the price of a product to rise or fall after placing a trade. You will make a profit or loss based on whether or not the market moves in your direction.

WHAT IS CFD TRADING?

CFD is an acronym for ‘Contract for Difference’.  CFD Trading is similar to Spread Betting in that both allow you bet on prices going down (SHORT) as well as up (LONG), you never own the underlying asset, so there is No Stamp Duty and both are leveraged. However, there are some differences including the fact that CFD Trading is available to customers globally.

HOW MUCH TIME PER DAY WOULD BE NEEDED TO START TRADING?

My methods involve placing orders and then I only need as little as 5 minutes a day to manage the trade and check progress.

HOW CAN I CANCEL MY HITS SERVICE?

You have Complete Control of your Subscription and can end your HITS membership, or cancel your free trial to ensure it doesn’t convert to a full HITS membership in the Account section of the Members’ Area.

To end your HITS membership or cancel your free trial:

  1. Go to the “Account” section in the Members’ Area
  2. Go to the “Subscription” tab
  3. Under your HITS membership, click cancel

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