Hi all, Another patch of opening trading worthy of comment today, this time to show the value of stops, plus an additional bonus of how adapting to the conditions a little does help: Market opens at 8am around 14,750 and immediately drops to test ...

Hi all, Wasn't planning on posting but a trade this morning that echoed my previous trade posts #478, #481 and #482 so much I feel duty bound to comment: Market opens at 8am around 14,600 and after a few opening gyrations sharply runs up to test 670 ...

Hi diamond1011, My short answer is that, if anything, I feel it might increase the pattern repetition and herd mentality seen as the algorithms have to follow their programming which, by definition, is going to be repetitive. They will act in ...

Hi JauntyLoon, I'm not too sure I agree with your first statement, there are plenty of methods that work OK in ranging markets, if correctly executed. The second part I do mostly agree with, a high tide floats all boats and a strong trend bails out ...

Hi New, I'm afraid I don't as it is not something I've ever had to face, being a UK resident. I did find this on the web, though, so it may be a matter of just trying to find a provider who will accept you: url .

Hi, I agree, 75% failure rate feels low end and doesn't really indicate the much higher long term failure rate. It is worth thinking about it as trading being a business. In the UK some 60% of new businesses fail within 3 years and you imagine these ...

Hi diamond1011, The short answer would be that at the time I didn't see it as a clear mistake (though it clearly was). Because I was not thinking normally I was happy to play the bottom pick at 300 - it may not surprise you to learn that in my early ...

Hi, You can argue the finer details of the mathematics of the Kelly Criterion forever but in practical terms it's perhaps better to stick to some common sense understanding. Remember the Kelly Criterion gives you the optimal bet size, i.e. the ...

Hi all, Did not trade yesterday due to a family commitment but back today and end the week with proof that we are all human and prone to stray from the path of trading righteousness every now and again: Market opens at 8am around the 13,360 mark and ...

Hi all, Quick one-and-done today but a trade that provides an interesting insight to the question of the randomness of markets: Market opens at 8am at the 14,280 level and immediately drops to test pre-market lows just above 200. A consolidation box ...

Hi all, A simple trade this morning, highlighting that trading can be reasonably straightforward if you are clear on your method and apply it diligently to what you see in the market: Market opens at 8am around the 13,800 big figure, falls back to ...

Hi diamond1011, Several good questions there, I'll try to deal with them succintly one at a time. Suitable Adjustments: Being sloppy and inconsistent is quite separate from making adjustments to your method to suit the market conditions of the ...

Hi all, A new week, the market remains Ukraine volatile, and an example today of how I adapt my trading method sometimes to get it to work in a fast trending market. As regular readers will know by now, my core method in essence is to wait for a ...

Hi arrowloopboy, There is a major structural difference in that you conventionally trade in the market itself through a broker with another market participant taking the other side of your trade; in spread betting you are not dealing directly in the ...

Hi all, Having expounded at length yesterday about the importance of waiting for good setups, we finish the week with a dual lesson that not all good setups work but perserverence and consistency do tend to win out in the end: The market opens at ...

Hi all, Emboldened by yesterday's nice trade, some more trading in the current wild conditions, this time useful to show you that patience and discipline to wait for your setup to indeed properly setup is important; and that it is rarely too late to ...

Hi Alex, Thank you for your kind words. Despite an entire working life spent dealing in financial markets for commercial and personal gain, I have reached an age and life experience that allows me to truly understand there are more important things ...

Hi all, The seriously wild market this morning I think is worth showing as a good illustration of both how you must adjust your trading to the circumstances; and the value of stops. The market opens at 8am around 12,600 after having shown a solid ...

Hi all, Given what we are seeing in the markets at the moment with the invasion of Ukraine, a rather opportune time to post on this Keep Calm and Carry on Trading thread. When things get volatile in the markets you have two basic choices: stand ...

Hi all, Will finish the week today with an illustration that not all setups will work and you do have to act accordingly: The market is in a downtrend off a opening move up to 15450 (not shown on chart), falls all the way to 15324 before rallying up ...