Recent content by LOTONtech

The "risk 600 pips to make 300 pips" sounds the wrong way round to me. Shouldn't traders be aiming to risk 300 pips to make 600 pips? As for the banked profits vs. current exposure, maybe he's lying even to himself about the performance? Some think that a profit or loss isn't "real" until it is...

In the six months following March 2009 low-point I made 3000% return by position trading very small stakes in two spread betting accounts. Of the £18,000 profit (I told you it was small stakes) I have since lost something like £1000 positioning myself for the next big push ;-) My aim is always...

You can find lots of ideas for how (and how not) to use stop orders effectively in the book that is imaginatively titled: Stop Orders.

Diversification takes many forms. We might say that pound-cost-averaging is "diversification over time" rather than the more traditional "diversification across assets". Whereas many advocates of PCA suggest doing it on indices -- which to my mind are not diversified at all because you have to...

When I started out, I decided to "only trade what I could afford to lose", but in those days with a lucrative career "I could afford to lose" a lot... so I did. After giving up the day job to trade and write (about trading) full-time, scaling back to smaller stakes, learning to control risk with...

..and today I received an email from the Financial Services Compensation Scheme (FSCS) with a claim form attached, so I've posted an update here.

I remember several years ago being seduced by the idea that every "stop-out" for a small loss (before it got bigger) was a good stop-out. Imagine my excitement when my too-tight stop orders were stopping me out all over the place. Every one of them was surely a "good thing" and I loved it! Maybe...

For beginners, I don't think you can beat the straightforward user-friendliness of the London Capital Group trading platforms like Capital Spreads, InterTrader and Financial Spreads, or possibly ETX Capital. Some trading platform providers have overly complex and customizable web interfaces that...

R. Charnock is right about not risking 30% per trade, and with such a small overall trading pot I think that spread betting is this only cost-effective route rather than using a stockbroker as you (PositiveInput) seem to be proposing. Here is a fuller explanation of the relative costs of spread...

Here is a nice little example that should give you the slap you need: In 2010 I ran a "real life" demonstration account which I took from £1500 to £2000 in a short time, and which I cashed out perfectly at the peak, so it was similar to your initial experience. I then re-invested the proceeds...

Some do it for the love of the game and the intellectual challenge. Great artists paint because they love painting, great musicians play and write music because they enjoy it. Hopefully then the money will follow.

Spreadbet Magazine is a free professional-quality spread betting eMagazine with some notable authors. (No, I'm not one of the authors, or the publisher, but I thought it's the right kind of thing to mention in this forum)

Hi Kabs13, Suppose you bet £10-per-point on Big Bank plc priced at 100p-per-share. Your total risk, if it goes bust overnight, is £1,000. To place the trade in the first place, the SB company might have asked you for a margin deposit of only 20%, i.e. £200, but they'll want the extra £800 from...

What I like most about the Capital Spreads platform is that you can apply Guaranteed Stop Orders to existing trades after the event, i.e. when you've decided you really need one or when the price has moved sufficiently that the minimum distance for a GSO is where you would have placed the stop...