Recent content by CRK_UK

Trading is very difficult and you learn what not to do more than you learn what to do. Best advice I can give you, is your winners should be 3 times your losers, that way you only have to find a way to be right 1 trade out of every 3 to make a good return over time. Its just to hard keeping your...

Cheers shadow ninja, never noticed the option bar before thought setting was just an indicator menu. All I need now is the delete function sorted and I'll be a happy bunny

I left CMC markets after their chart change (still having nightmares). Today I wake up and find that IG Index have updated their quick charts and its back to unthoughtful design again. I loved the way their quick charts worked much more than their advanced package. You could switch between 1m...

It took me a few years to realise these points. Its not you against the market its you against yourself, yes you are your biggest nightmare. You are in complete control, the market is just there. You decide what to trade, when to take that trade, what your win will be, what your loss will be...

Setups become popular because they work not because of forums. Forums mean nothing to the flow of the market. These forums reflect what has been working and most likely by the time they reach here they are almost at the end of their success. A traders job is to find these setups by tape...

Its vey hard to be consistant month after month, I personally find I need to adapt my trading to the current market enviroment. Constant market change requires trade adjustment over time. as I learned to trade I went through periods of profit then was Bamboozled when my winning strategy ran dry...

What is spead betting anyway?

Are we talking fraud? or fast market traders who can spot your weakness? Without giving the game away as to what these clients are doing I think you should fill in the blanks more here. Learning to trade without SB would be very hard, not everyone can learn trading es at $50 a point I know...

Someone who makes money too quickly for them to hedge against. Do you think they would try and shut down losing scalpers? I traded with CS years ago and found their service very lacking. I think the law has to be changed in the UK reguarding how SB creates the markets and executes clients...

It makes no sense for SB companies to stop hunt, its unpredictable for them. The market moves to liquidity pools to fill its orders and experienced traders know where the masses put their stops. Move your stop above or below these points to avoid being tagged.You just have to find setups that...

SB is a great way to learn how to trade. I've never understood blaming the markets or the SB companies. The great thing about trading is the freedom it gives you. You can only blame yourself if it does not work out. You choose who to trade with, what to trade, and when you trade it. You also...

Breakout trading works good but only in certain markets. If you're looking for breakouts in a trend up day kind of market, making money should be quite easy. But if your trying to use those same setups during a sideway/down market, they'd probably not work out to good. If you like breakout...

How I use stops with my trading, My first stop after entry is taken will be say 3-5 points away (spx). If trade starts to work out after a few minutes, I'll move the stop closer to the low after my entry. If the trade does not start to work out after 10 minutes or so and is getting close to my...

Pit Bull by Martin Schwartz Best book I've read about being a trader.

Just closed a day trade with CMC (spx), entry and exit were both requoted. The requote for the short enrty was actually higher. I guess requoting is here to stay with this moster of a market we hav