Posts Tagged spreadbet
With the stock markets looking weak, Oil is said to follow. I had entered a short on a previous day low and also under the round number at 9100. My order was 9090 and it got hit. However, soon after this the market went up and it wasn't even certain as to whether this trade would go the right way. With breakout trades, I should have perhaps saw that this wasn't going anywhere and closed out before my stop was hit. However, the market moved 20 points above my stop before it did stop and reversed
August 4, 2011
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As you know, Traders is one of my favourite online reads for the whole world of trading but The Exchange is a relatively new magazine which has surfaced which I really enjoy and is a serious contender to Traders.
I like it because it is more fresh, has loads of interviews and covers a whole raft of trading ideas from the traditional financial trading world to sports betting. Also, as it's a British publication the style of writing is a little more relaxed than Traders but heck, they are both
July 2, 2011
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I saw this in the papers today how a self employed trader named Barnett Michael Alexander was able to exploit a 'loophole' in the spreadbetting firm City Index making over £600k! However, his method was deemed illegal and he was fined £1 million by the FSA
It's a really interesting read and there's a fascinating strategy that made him a lot of money which he says is still not closed. However, I wouldn't recommended doing it unless you want to be fined!
http://www.telegraph.co.uk/fi
June 15, 2011
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