Traders mind

Trading asks us to apply a certain kind of thinking, successful trade entries can appear counterintuitive even though they are correct.  What appears to be a correct action often is not, in the markets.  In life, we can influence events, perceptions, people.  There are no ways to gain favour from the markets, in this respect [...]

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Reflection

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To travel is to arrive

“Do not anxiously expect what has not yet come. Do not vainly regret what has already passed.” I have many trading books but as many thought provoking ones with practical wisdom. Robert Ringer is a favorite author of mine, his books have corny titles but there are a lot of useful real life tips in [...]

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Razor’s edge

This is a great book, I picked up this moth eaten copy on Gili Trawangan a few years back, an English Great Gatsby but good for some perspective on life and the markets.

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Room with a view

There is an urban myth that goes more than 90% of spread betters lose money – well, this is possible of course, but that means the 10% is getting the other side of all those losses, just a thought.

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Paper trade

If you are fairly new to trading then it is a great time to start reading around about the markets – online is ok but the short term gets most coverage and sometimes a longer term perspective can give you the edge you need and conviction about certain trade setups. Here is a pile to [...]

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Return to the 70s (sort of)?

Oils high, inflations high… recessions brewing, whats a trader to do? I have a few plans up my sleeve and shall tell all soon, just waiting for the right set up. Capitalised the capitalspreads.com account with £250, for educational purposes you see, tried a Sugar buy yesterday at 321.50 but it slid below the 320 [...]

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Hurry up and wait…

If you are at all interested in this game, then please, I encourage you to read one book on the subject, Edwin Lefevre’s reminiscences of a stock operator, free PDF in 1% inspiration section. Patience is maybe, the ultimate trading secret, I have enormous patience naturally – you may have to learn it, but when [...]

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Trading ideal as Wu Wei

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Corner pocket…

Just watched, the Hustler, made in 1961, great film.

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Sunday roundup…

Interesting times, see the chart below for the entire commodity run up since the end of the 20 year bear market in 2001. January saw the largest monthly gain in 6 years and made a high of around 570 this week. What does this mean? Probably that there is a reversal brewing, but certainly that [...]

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Sunday Big Picture Review…

Today I would like you to consider whether there is such a think as the low hanging fruit in the financial markets?  With massive liquidity drive underway worldwide by central banks, Gold rising against, I think most currencies worldwide, are there any easy opportunities? A good place to look is the long term, 20-30 year [...]

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Miyamoto Musashi and trading strategy

Spread betting blog I would like to ask you, do you think trading is an art, a science or a craft? Can it be learned, if you can improve as a trader with respect to using your trading methodology over time and become more disciplined I think it is fair to say that it is [...]

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Parallels…1906 vs 2008

“I studied the situation in 1906 and I thought that the money outlook was particularly serious… It was good hard cash that went up in cannon smoke in the Boer War, and the millions spent for feeding nonproducing soldiers in South Africa meant no help from British investors as in the past. Also, the earthquake [...]

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Reminiscences of a stock operator

Here is a link to a great trading book, the loosely fictionalised bio of Jesse Livermore one of the greatest traders of all time – full PDF of the book Reminiscences of a stock operator

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The deep blue sea

Today saw the return of the Bear (capital B) and will run on – but not without taking a breather so watch those short positions as a short term bounce is likely. Take care folks. A favorite spot of mine is Santorini, Greece, visit if you can one day, for the fantastic views over the [...]

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Roerich

If you are wondering what the image at the top is – it is a Roerich – a great artist who was inspired by metaphysical ideas and the esoteric religions of the world. His art is way out, but uplifting to look at. Here is my fav, (thats a bear in the corner!).

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Surpass today what you were yesterday

Reading and practice are essential to developing a financial spread trading approach – most beginning traders look for the “holy grail” a secret system which will lead to super profits. Following tips, newsletters, trading coaches – then onto more sophisticated technical indicators – then maybe “level 2 access” (closer to the market you see). Well, [...]

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