Recent content by AZBO

"corporate accountant specialising in company turnaround, forensic financial analysis and miscellaneous Court Advocacy." So what you are actually saying is that he is an Insolvency Practioner?

Oops....I was ranting 5 mins after the S&P open with one eye on another screen Doh! CMC. :p

Just saw the ad on TV with James Nesbitt endorsing the CIC markets Spread trading platform and referring to everything as "us" and "we". I find it nauseating when a mainstream TV actor is used to entice Mummy's and Daddy's into punting. Clearly, he such an expert on financial market trading...

It is hard to define as it is part of an Algo system, which essentially means that the PC screams at me to place or close a position. The basis is on technical indicators and general market behaviour. Of course, like everything, it needs to be refined and readjusted regularly with an ever...

I disagree, I find 5:1 guides me better :cheesy:

He charges £2.5k?....isn't that the amount of Margin needed on a FTSE futures contract? Maybe he couldn't trade "live" as he didn't have enough cash in his Clearing account. At least he does now! :)

It varies depending how long the position is held for. The hardest part is the entry (as expected) and the exit signal is very straightforward. I like this strategy but it's not for the faint hearted.

Yes, I have worked on this for a while. Most days are profitable on condition that you take small chunks but sometimes the downside gets nasty. It needs some pretty tight and disciplined risk management which can be both rewarding and frustrating. Sometimes the position has to held for days when...