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FREE Financial Trading Magazine – Get yours now!

FREE Financial Trading Magazine - Get yours now!

I have two FREE online trading magazines for you today.... http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v05capitalspreads and  http://tradersonline-mag.com/01_ezine/01_traders/en/2012/06/index.html The first link..  I've not seen this magazine before but hey, it doesn't cost a single dime so can't complain. The second magazine, I'm familiar with and have in the past posted their links to their magazines. They have pretty good articles... they talk about strategi

May 26, 2012 No Comments Full Story

Time to go long on the DOW?

Time to go long on the DOW?

I went long on the DOW the other day, see the daily chart of the Dow below... it had hit support and the second time it did so, there was a pin bar pattern indicating strength with the buyers. The second day, you can see continued strength but today, there has been some selling. I went long at the break of the nose of the pin bar and my stop is 5 pips under the bottom of the pin. The trend is down however but this is a reversal play. It is risky considering how weak the market is but this could

May 25, 2012 No Comments Full Story

The Disposition Effect and Computer Games

The Disposition Effect and Computer Games

Every trader has heard of the trading adage "Hold onto your winners and cut your losers"... in practice, this is actually quite difficult to do as people have a habit of closing their winning trades early to secure their profit but have a habit of holding onto their losing trades in the hope that they may cover. This behaviour is universal for all investors or traders to the stock market and is known as the Disposition Effect. I recently learnt of the Disposition Effect through attending

May 19, 2012 No Comments Full Story

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