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Independent Newspaper Page 32 - 26th July 2011 Business - Franchise Feature
Making a Fortune by playing the System.
MILLIONAIRE Vince Stanzione made his fortune from spread betting on the stock-market, turning his talents for predicting trends into an effective trading system.
Millionaire Trader Secrets
If you want to try your hand at making money from the financial markets there are no guarantees, but you can improve your chances of success by learning from a leading expert.
Meet a self-made millionaire Josephine ODonoghue chats with Vince Stanzione about his self-made wealth trading on the stock market and the economy today
Vince Stanzione has made £2m from internet gambling on market price movements. Almost anyone could do the same, he tells Jill Insley
Sunday November 16, 2003
The Observer (click to read full article)
Millionaire Vince Stanzione made his fortune by spread betting on the stock market, turning an ability to predict trends into a highly successful trading system.
Advisers warned 'pile clients out of the pound .
Trading veteran Vince Stanzione points out that a good trader does not necessarily need to make money every single time. 'You could get 80 per cent of your trades wrong and still make money. Let's say you lose £100 on eight trades and then make £500 on two trades, you are still in profit. However sure you are that the market will crash or XYZ is going to soar, make your first trade a small one, and then, if you are correct, add more to that trade.'
Backing your judgement Experienced trader Vince Stanzione says there are two main factors that limit the degree of spreads, including the fact that customers can arbitrage between spread betting firms. ‘Customers can go long one provider and short another provider if they have different prices.’ He adds that ‘Firms are also competing with each other and, therefore, they will not let their spreads widen too far.’
Vince Stanzione Jim Rogers Believes Greece Should Go Bankrupt.
COMMODITY trader Vince Stanzione, 34, got fed up making money for his bosses. So now he makes cash for himself gambling on the markets.
Penman met him for a brace of Becks to delve into the secrets of financial spread betting. So far, Vince has had a great year. "I've made a lot of money buying the euro and done very well buying gold," he said.
A CITY punter was celebrating a £600,000 profit after betting just three weeks ago on a steep rise in the price of gold. The unnamed man, in his thirties, who works in the Finsbury Circus area of the Square Mile, placed a “buy” order with City Index, the spread betting firm, in mid-January, when the price stood at $350.
SPREAD BETTING BIG ON BRAZIL by Vince Stanzione
Show me the earnings by Vince Stanzione
NEW BULL MARKET IN SHARES OR JUST A LOAD OF OLD BULL? By Vince Stanzione
Ordinary Punters take a gamble on Financial Spread Betting
Betting Made Us 1 million
Return of the Day Trader – Introduction to Spread Betting
Cash and Curry fortune of spread bet punter
£200,000 win for Brit punter
Investments from the Edge
Vince Stanzione Fixed Odds Financial Betting
Vince Stanzione believes that twenty years from now the US and European economies will no longer be the world leaders. When I started as a trading junior back in 1985, one of the first sayings I learnt from my boss was, ‘when America sneezes, the world catches a cold’ and that has remained true to date. We have all witnessed how quickly a financial cold that started in the US has spread around the world.
Vince Stanzione, an active trader in these instruments who runs the www.fintrader.net website, explains, ‘Covered warrants are issued and backed by the issuer, which is normally a major financial institution, the main ones being SG Warrants and RBS Markets.