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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money
78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Michele ‘Mish’ Schneider is a former floor trader on several New York Commodity Exchanges, including Coffee, Sugar and Cocoa NYMEX and FINEX in NYC. While on the trading floor, Mish also served as a market analyst for two of the largest commodity trading firms at the time — Continental Grain, and Conti-Commodities.
As a cofounder of MarketGauge.com, she provides daily market analysis on the site and draws on her 30+ years of trading and teaching experience in her work as a service developer and mentor.
Mish is also the author of the best-selling finance book, Plant Your Money Tree; A Guide to Growing Your Wealth.