Posts Tagged daytrading

That dreaded trading psychology again!

That dreaded trading psychology again!

I'm back on my spreadbetting account trading the Dow Jones. My first trade was a decent short I felt as the stochastics were overbought and the MACD was showing negative divergence... it's gotta be heading downwards. Indeed, it did head lower but only 10 points so before it headed higher and hit my stop. I was very paid for this traded and let it ride hoping that the resistance level around 12830 would contain it.. unfortunately, it didn't and I got stopped out for -14. As it broke above t

May 13, 2008 No Comments Full Story

Spreadbetting the Dow Jones – restarting my trading after the Trading Academy

Spreadbetting the Dow Jones - restarting my trading after the Trading Academy

I have been hunting high and low for a suitable trading platform...  I now realise that the CQG trader platform which I was using before was simple but great! At first I thought it was a bit basic for my liking but so long as it worked reasonably well and I guess it's also what you get used to. Thanks to Harry for dropping me a comment about Ninja Trader.. I had a look for it and I found a broker which I can use this with. The software looks like CQG in the way it functions, I'll download th

May 12, 2008 No Comments Full Story

Trading update! Where have i gone?

Hello all, sorry there has been no update for a while. I am trying to get myself set up again with a trading account with Interactive Brokers and to also find a suitable charting platform. The trading academy have closed my account and I had got used to their charts. I want to recreate the same look and feel with another platform so am searching for something. Something which I have used is the Sierra Charts platform. I do have charts on my spreadbetting platform, however, they are rather clu

May 9, 2008 1 Comment Full Story

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