I've decided to start this blog as a diary of my trades, successes and failures.

Reason for is to realise from my own mistakes of bad trades with a view to sharpen these up, this is for all to see.

All opens and closes will not be posted in live time but instead I will disclose all trades at the end of the week and will be verified with actual screenshots.
Targets for week ahead wil be given from all target markets and shall be broken down.
Target markets are Ftse100, Dow Jones Industrial Average(DJIA) and S&P500.

Any targets not reached will have a reason attached, giving reasons for not hitting targets (this happens) and what went wrong (I make mistakes), however is no excuse.

The overall goal is to provide hope for new (and old) traders that may find it difficult to get into (or for some, get out) of bad habits in trading and hopefully provide inspiration that money can be made from the markets.
Steady and consistantly is the key.

My trading style is that of a long term view mainly using fundamentals but with a technical approach for entry and exits. Some contracts can be held for many weeks, sometimes months before realising profits and drawdowns are obviously part and parcel of the trading game.

Any one with a long term view should be able to make money simply by leaving the cash on the index over a long period of time(years), however, outside factors make it difficult for one to be truely successful due to contract expiry dates.

It is with my intention to not just beat the index gain for the year but at least look at a return 3 to 8 times higher than the average index gains against margin on account. (this will differ from spreadbetting to direct access).

Lee Shepherd