Reading through my previous articles should leave you in no doubt that IG Index is one of my favourite (if not my absolute favourite) spread betting account providers. But I’ve discovered something I don’t like, which is the way that working orders eat my cash. Let me explain.

To many people a stop order looks like a very simple thing, represented as it often is by a single input box labelled stop on a spread bet trading ticket. The purpose of a stop order is also regarded by many as very simple: to stop a loss. Yet stop orders are not as simple as they first appear, and they come in many flavours as follows.

One of the features of my preferred Position Trading approach is the running of many equity positions simultaneously.

Having demonstrated nine Financial Trading Patterns stylistically, in this article I’ll put a couple of those patterns into the context of real market charts. My idea is to show not only how the trading patterns can work in practice.

This article completes my compendium of Financial Trading Patterns that utilise the various stockbroker (and spread betting provider) order types in various combinations to achieve specific trading objectives.