Q. How do you get ideas to develop your system/strategy? I am not asking for ideas, but merely for ‘ideas how to get an idea’. How did you came up with your system. For example: did you read a lot of books...
Latest Posts
KISS Trading Strategies
Q. I have recently been reading about KISS Trading strategies. Do they really work e.g. MTF with EMA 200? A: Just Google ‘Trading Systems’ and after 10 minutes you’ll realise just how overly complicated a...
Having a Trading Plan is Fundamental in this Business
Q. What constitutes a good trading plan? It seems that the general view on trading is that there is a lot of stress about money management and being able to remain calm under pressure/stick to a plan? But is this sufficient...
Long Term Investing
Q. How important is timing when I’m investing passively for the long run? Should I just get into the market now and not wonder when might be the best time? A: If investing long term (10+ years) timing is not very...
Bad Shopping Habits – to Spend or to Invest?
Q. I have REALLY bad shopping habits. I buy everything I want and don’t save a penny… I just pay my bills and buy whatever I think I want with the rest. I have great things that I love but I know in the long run...
How Much Time Do I Need to Dedicate to Trading?
Q. How much do you need to research everyday to day trade? A: The traders I know who day trade put in several hours a day, some of this time is spent studying the markets, some consists of individual research. You should...
Getting Rich Fast from Trading?
Q. I started with £300 and now make an average of £100 pounds a week I have a target of £20 a day with £1 a point… A: Not sure how I can comment here – what’s your background –...
Money Management and Risk of Ruin
Q. Money Management. Is it that important? A: Yes, it is critical and it is a fact that good trading is mostly all down to your psychology (besides that of course you need to have an edge in the form of a trading plan!). If...
Financial Spread Betting Success
Q. I wonder what percentage of spread betters are successful long term? A: Percentage of spreadbetters? Percentage of forex traders? Percentage of day traders? Percentage of retail traders? Seen figures quoted of between 80%...
Spread Betting using an iPhone/Blackberry/MAC
Q. I use an Apple Macbook Pro and wondered which spreadbetting firms have the most ‘MAC friendly’ platforms? A: Other than providers which require you to download software there is no difference. I use IG Index...