Thanks everyone for the emails and private tweets asking how I’m doing and where I am. I really appreciate your emails and I’ll get back to you all as soon as I can. I’m still here, still trading and I’ll have a few really chunky posts coming soon. Today though, I want to share with you a little story that made me smile. It is the perfect snapshot of everything that’s wrong – and everything that’s right – with your life.
Continue reading “Everything That’s Wrong (and Everything That’s Right) with Your Life”
How do you know if a spread betting company is any good? There are so many websites out there trying to refer you to certain companies based on the commission they receive that trying to find an honest review is a lot more difficult than it should be. Well, here’s an end to all that.
Continue reading “City Index Review”
Two sparrows, wearing HSBC bandanas were drinking water from my bird table this evening as they hunkered over a competitive game of Spuggy Chess. Fundamentally, I think something’s afoot because they dont normally wear bandanas and can’t usually play chess. These events, combined with the unbearable levels of industrialisation and smog in Singapore, along with the rising volume of counterfeit £20 notes to further fuel British consumption habits unfolding in the North East of England, lead me to believe that this likely means it’s almost time to short HSBC.
If any analyst can shed light on this, I’d be grateful.
I’d be looking to open a short around 685 in HSBC with 10pt stop and a 80pt target.
How do you know if you’re really cut out to be a professional trader? That is, a trader who makes a living by trading the markets. What makes you think you’re any different from the other 95% of traders that lose money and quit?
Continue reading “Are You Cut Out To Make A Living Trading The Markets?”
If you’re tired of being told that you can’t start trading properly until you have £10,000 ($16,500), then this one’s definitely for you. I started with just £50 and am now a profitable small account trader – with an unconventional view on trading. Over the last 2 years, I’ve developed five steps that are not like anything else you’ll read that, with correct application, will help you become a successful small account trader.
Continue reading “5 Steps You Can Take To Become a Successful Small Account Trader”
The most frustrating thing I encountered when I first started trading was that I was frequently told that I could not start trading properly until I had at least £10,000 saved up, and that even then I was pushing it. Well, I didn’t have £10,000 spare and in fact, only had £500. What was I to do? Abandon all hope of escaping the rat race to become a simple trader because I was told to?
Continue reading “Can You Start Trading With Just £500?”
Do you believe that intuition only comes with many years of experience? It’s a commonly held belief for sure, but the truth is, intuitive decisions are made every day in the real world, sometimes using only minutes or even hours worth of ‘past experiences’ and memories to draw upon. But could this same power be accessed by a trader (me) who has only been trading for 18 months to make snapshot decisions about whether to open a trade or not?
Continue reading “Tap Into Your Trading Intuition – Even If You’re a Novice”
Have you got any trades lined up for this week yet? I’ve got a few lined up where I’m taking a very simple, stress free approach and I was thinking that you might be able to benefit from having a look at them too.
Continue reading “A Few Easy Trade Picks For The Week Ahead”
Do you admit your trading losses? Do they depress you?
Believe it or not, losing is not only essential for your health and wellbeing, but it is actually vital to your longterm success as a trader. You see, ‘losing’ trades are no more inseperable from ‘winning’ trades as the moon is from its reflection in the lake. Neither can exist without the other…
Continue reading “Trading Depression; Does It Affect You?”
I started trading in March 2012 and within five months had managed to lose £2500 (£500 a month).
If this wasn’t a big enough kick in the teeth on its own, it was far worse when my wife got hold of our bank statements. Not only did I feel like a dick for wasting money trading instead of putting it away for our newborn son, I also felt like a total failure.
Continue reading “My Love Affair With High Risk Trading”