Recent content by Claviceps

The answer depends on wether you spreadbet or trade lots in the real forex markets. In spreadbetting there is a small tax levy that you pay as part of your spread you don't even notice it ,any winnings come free of tax . Tading lots (or micro lots) will attract tax but this will depend on your...

The advanced techniques were put out by RH as a 'bolt on' to the the original system, you should get a link to download them with your weekly updates from RH. Don't get excited though, they contain nothing that has not already been considered by members of the private forum . You are correct -...

Yes- waiting to see some reviews that I could have some faith in .

No problem - We all start somewhere - go to the bottom of the page you will see links to previous pages in this thread -the most recent copy of Marks joining instructions are on page 624 - follow the instructions - you will need to be patient -Mark and SA trader administer the forum on top of...

Hi - suggest you look back through the recent pages of this thread for Marks instructions on joining the private forum . In its basic form Net Trap hasn't been performing that well recently ,however in the private forum you will find many (over 250 last count I'm aware of) Net trappers...

Use any spreadbetting platform you choose FNT is a method and has no requirement for a specific broker.Although many Net Trappers started off with IG as per Richard Hills suggestion (nothing to do with a commision -nudge nudge) a good many have found better service elswhere. Would reccomend you...

Your times are ok . assuming you have a copy of the manual then the best reccomendation is to join the private forum here. There are over 200 other net trappers trading variations of this system -more succesfully than the basic system . Just scroll back a page or two and you will find joining...

There are a number of technical indicators Zagger may be reffering to -however I would suggest you learn what a divergence is -(go to baby pips .com) . Were you to have noticed the divergence you may well have stayed out of the trade or gone v.cautiously ps. you're probably not the only one...

Welcome to the forum Zagger - the system is as you say too simplistic - however its important to remember just who and what it was designed for-- in its original form its just about 'fit for purpose' but for those who can nurse their trades -have an understanding of trading in general - it can...

Welcome aboard Andy- once inside the private forum you'll find a good deal of useful info -would urge you to take your time and 'plough' through it .The private Forum arose because many of us trading net trap soon realised that its approach , though very simple, could be improved upon in a...

The system is designed as 'set and forget' however many of us prefer to 'nurse' these trades along . You have to manualy set your trade each day ,(or make the desicion not to trade) ,the target can be set and the trade will close automatically should it be hit, however you do need to check this...

As a 'paid up ' Net Trapper you will be entitled to entry to the private forum ,some of the info you seek is there , I am myself looking at the efficacy of applying the NT idea across other pairs ,and indices .Look back through the last few pages here for info on joining the private forum . look...

Its my understanding that positional players trading longer time frames often use sl's of around 100 pips ,nasty on the occaisions you do get bitten.

This is 'wicked ' scalping territory - especially the Euro or take a peek at a 5 min cable chart

The longer term outlook for cable ,according to some analysts ,and barring any further financial meltdowns ,is for it to be heading north