Anyone need any help?

This is a discussion on Anyone need any help? within the General Trading Chat forums, part of the Reception category; Originally Posted by cbrads Hi Lee, What % are you a Technical vs Fundamental trader? Cheers Chris Hi cbrads, That's ...

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Old Jul 11, 2017, 1:58pm   #31
 
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Hi Lee,

What % are you a Technical vs Fundamental trader?

Cheers

Chris
Hi cbrads,

That's a difficult one to put simply but I'll try and explain:

Most of my trading decisions are built around fundamentals. These are what ultimately drive the markets. News bulletins, fact sheets and even down to expected crop growth, weather reports inventory levels, supply/demand etc. Fundamental only.

However, when i'm looking to either enter or exit a trade I will look purely at the noise - ie, price movement, support levels, % drop/rise on minute/hour/day/week and month. At this point I am purely technical only and will also play off major levels/support/resistance etc.

It takes just 1 second to click the button and either be in or out, however, the decision to click the button takes a lot of time and planning.

Regards,
Lee
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Old Jul 11, 2017, 5:30pm   #32
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I'm posting up my monthly trades within the next half hour or so with a screenshot.
Lee
Did I miss that or is it elsewhere or more so than half hour?

Cheers
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Old Jul 11, 2017, 6:55pm   #33
 
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Did I miss that or is it elsewhere or more so than half hour?

Cheers
Hi Nick,

You'll find a lot of info/proof of my trading in my Trading Diary. Failing that, click on the link in my signature at the bottom of the post and it will take you straight to where it is on T2W.

Lee
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Old Jul 12, 2017, 7:47am   #34
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Lee

Nice results here

http://www.trade2win.com/boards/trad...ml#post2931972

Why would any successful highly profitable trader come to forums and give time to others ?Why would he? He has nothing or not much to learn from it and is likely to be mightily annoyed by the silly poseurs with their gifs . Traders trade and when they are done with it they just enjoy their lives and forget trading .
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Old Jul 12, 2017, 9:42am   #35
 
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I need help
Is there any trading software you would recommend?

I've heard binary options robot is good and it's free.

I'm a beginner so it seems like the best solution for me..from what I've seen online
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Old Jul 12, 2017, 10:15am   #36
 
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Originally Posted by foroom lluzers View Post
Lee

Nice results here

http://www.trade2win.com/boards/trad...ml#post2931972

Why would any successful highly profitable trader come to forums and give time to others ?Why would he? He has nothing or not much to learn from it and is likely to be mightily annoyed by the silly poseurs with their gifs . Traders trade and when they are done with it they just enjoy their lives and forget trading .
Hi Foroom,

Thanks for the comment.

With regard to why should a trader come here to help?. That's a question for you more than it is for me.

A few months ago I had a good day, I felt great and arranged for me and some others to go out and smash up the evening. I had passed hundreds if not thousands of people on that day. On my way back home to get changed just before I was planning on meeting my friends down the pub and have a nice well earned drink, I saw a man fall over on the pavement......

Now, this isn't about what I did or what the other people did around him, Its about you..... What would you do?

See, it's the same in the markets. The markets will do what they do and so will all the other people around you, its not about them either. Its all about what you would do.

I personally know a private professional painter, and a bloody good one as well. He paints pictures and offers to commission work sometimes for free (obviously the decent people he likes). He does this because he has enough money and makes enough money but wants others to enjoy his work. He also enjoys his work immensely.

Now, I can't paint.......but I can trade.

Many people do many things for others for free on a daily basis. It's good for the heart and soul to give.

The basic line to all this is: If you want more, give more.

Attached is a painting of my dogs by the very said gentleman mentioned here.

Regards,
Lee
Attached Thumbnails
img_0252.jpg  
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Old Jul 12, 2017, 11:03am   #37
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Me too , I try to help .It is not going to affect my bottom line ,if others also become consistently profitable .There would more happier souls sending me to heaven with more blessings .

That is why I give a profitable method and advance calls in my thread.
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Old Jul 12, 2017, 11:16am   #38
 
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Me too , I try to help .It is not going to affect my bottom line ,if others also become consistently profitable .There would more happier souls sending me to heaven with more blessings .

That is why I give a profitable method and advance calls in my thread.
Hi Foroom,

That's great to hear. Keep up the good work.

Regards,
Lee
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Old Jul 12, 2017, 5:19pm   #39
 
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I need help
Is there any trading software you would recommend?

I've heard binary options robot is good and it's free.

I'm a beginner so it seems like the best solution for me..from what I've seen online
Hi Boris,

Welcome to T2W.
I cannot comment specifically on any software as this would be biased and unfair. However, my opinion on binary options is not of a good one.

Personally I don't like them.

Lee
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Old Jul 12, 2017, 11:00pm   #40
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Attached is a painting of my dogs by the very said gentleman mentioned here.

Regards,
Lee
Yes, but can you prove they are your dogs? Can you show vet statements?...

Hi Lee,

I am interested in hearing about tax issues. I do not know if you are still using a spread bet platform?

I am interested in general thoughts on the practicalities of tax and a regular trading income from a spread bet platform, either as the only form of income or as a major if not principle part of income. I feel as though one has to make sure there is another form of income on the table?
There is also things such as national insurance to take into consideration and other legal or official situations which can arise. You may choose to talk about this in very general or hear say terms, I am interested in your views.

Kind Regards
Jason

Last edited by Jason101; Jul 12, 2017 at 11:07pm.
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Old Jul 12, 2017, 11:43pm   #41
 
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nice doggies-what type ?
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Old Jul 13, 2017, 12:06am   #42
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Yes, but can you prove they are your dogs? Can you show vet statements?...
Jason
hehe, I got a good laugh out of that!!

Nice to see you again, Lee

Peter
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Old Jul 13, 2017, 8:15am   #43
 
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Yes, but can you prove they are your dogs? Can you show vet statements?...

Hi Lee,

I am interested in hearing about tax issues. I do not know if you are still using a spread bet platform?

I am interested in general thoughts on the practicalities of tax and a regular trading income from a spread bet platform, either as the only form of income or as a major if not principle part of income. I feel as though one has to make sure there is another form of income on the table?
There is also things such as national insurance to take into consideration and other legal or official situations which can arise. You may choose to talk about this in very general or hear say terms, I am interested in your views.

Kind Regards
Jason
Hi Jason,

Loved your post.

Regarding tax and spreadbetting. You would have to check your own personal affairs on that one. I can say this though, I do not and have never been taxed nor do I owe or have ever owed any tax on my winnings with spreadbetting. I am gambling and therefore my winnings do not constitute a taxable income.

Regards,
Lee
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Old Jul 13, 2017, 8:17am   #44
 
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nice doggies-what type ?
King Charles. They are the most docile dogs but very loving.
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Old Jul 13, 2017, 11:37am   #45
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Hi Jason,

Loved your post.

Regarding tax and spreadbetting. You would have to check your own personal affairs on that one. I can say this though, I do not and have never been taxed nor do I owe or have ever owed any tax on my winnings with spreadbetting. I am gambling and therefore my winnings do not constitute a taxable income.

Regards,
Lee
Thanks for your reply. I have found this on a spread betting website. -

"I think that it is pretty clear that someone who pays tax on another income source will never have a problem if they make money via spread betting. The crux of the matter really relates to an individual who makes their sole income through spread betting."

On the other hand -

" Let’s assume that you earned £50, at the weekend, stacking shelves in Tesco but, traded 12 hours a day during the normal working week. Your profits, from trading, amounted to approximately £5,000 per week and you made 10 trades each day; what would HMRC consider to be your primary occupation and income source?
The shelf stacking in Tesco’s? Unlikely, I think…"

The article went on to say that no one has ever been convicted of tax avoiding or evasion due to spread betting.
I think it may be advisable to have another form of income as well, that you do pay tax on, just to stay under the radar, it could be passive such as rental income?
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