Money management is absolutely essential for traders to become successful in financial spread betting. Whatever platform or method of trading you use the ability to preserve capital is far more important than being able to consistently make profits. This may sound absurd given that most traders search for profits rather than the relatively dull ambition to simply protect what they already have. It goes against the view that many have of trading as a high risk activity only undertaken by those who have large enough pockets to bothabsorb the losses and pocket the gains. Money management,...