hi people! i'm a newbie considering spreadbetting on the FTSE 100 because of the huge leverage as you can put on any amount for a one point movement that is divisible by Â£1 with a minimum bet of Â£1 and that all profits are tax free. i'm a uk resident and have had some experience with technical analysis. i'm considering using metastock professional version 8 along with e-signal as the data provider. firstly, how real-time would the data be that i get from e-signal? the spreadbetting company provides software which is very limited but is fed a more uptodate price, so a follow on question is how important is it to have real-time data if i want to be an intra-day trader? finally, my friend has managed to lose Â£500 from Â£1000 in just two days of trading, so should i be taking on such a risky instrument to begin with, and if i should, can i rely on my moving averages for entry and exit points? The pros rely on volume to help them out but its not available if you just trade the cash index, so would it be more wise to trade FTSE 100 futures? thanks for your time people!