Recent content by TTTC

If there was, why would any of us bother trading ourselves! Don't be lazy and learn how to trade yourself. That way when it goes wrong, and it will, you can only look to yourself!

Hiya Rob, Trading while working full time is perfectly possible. Simply look at 4 hour charts, and get confirmation from the daily. My best advice to a newbee is keep it simple. Buy into a rising market and sell into a falling market. Learn how to spot a trend. Look for a series of higher highs...

The wider your stop loss, the bigger your profit target need to be. If I buy the Ftse 100 today, with a stop at 4900 I'm pretty confident that wouldn't be hit for months. However, in order to cover the risk of that trade I need to Ftse to rise to about 7500, and that isn't going to happen any...

Guys, come on, do a bit of research. You can get loads of demo trading accounts that offer good charting package, many using MT4. 5 minutes on google and you are away

My advice is to try and keep it simple. If you remember this then you'll not go far wrong. Learn to spot a Market that is trending and then jump aboard. Ok, an oversimplification perhaps, but do the basic well and you'll save a lot of headaches. No indicator is fool proof, and no matter how good...

Five grand on a course is a huge amount of money. Start with learning the basics of technical analysis. Learn to spot a trend, I've written a couple of times on here how to do that, so won't bore everything with the details again. Open a demo account, start with currencies and just watch the...

Think about it differently....... Risk the same amount on each trade would be my advice. If you risk say £100 on a trade why does it matter how far your stop is ? So if you stop is 10 points sways you go £10 a point. If your stop is 40 points away you'd risk £2.50 a point. Each trade has the...

Sorry, but this to me appears to be a strange question! I will explain why......I trade off charts each day I will scan the various pair looking for those that are trending and most likely to provide me with a good set up. I will then watch these markets waiting to see if an opportunity arises...

David, Learn to stop a trend. Your best opportunities will be in markets where there is a definite trend. Markets are either going up, going down, or going nowhere. Pay no attention to the ones going nowhere (range bound). Look for opportunities to buy a Market that is rising, and look for...

For a novice trader I would recommend trading a 4 hour chart. Your trades need to considered and anything shorter makes you act too quickly. I would also always look at the higher time chart as well, so in this case look the the daily. If the Market is heading down in the daily, you want to...

Agree with all of the above, good post. To help formulate a plan, a way of trading, learn to identify a trend, and look for an opportunity to jump aboard. If the Market is moving higher, look to buy it, if it's moving lower, look to sell it. A trend is in place if a Market is making a series of...

Hi Pete, As much as I understand why you are asking the question, I would ask 'does it matter'. I trade from charts and trade indices, currencies and commodities. Why a Market moves doesn't necessarily interest me. I've always found the understanding the fundamentals of any given Market really...

Reading books is a good start for the basics, but along side this I would open a demo account so you see what the markets actually do. A good starting place would be to try and spot a trending Market. An up trend is simply a Market that is making a series of higher highs and higher lows. Pop a...

Novice traders tend to not stick to any kind of system for any period of time. A few losing trades and the think that it doesn't work and move on to the next holy grail. It never occurs to them that they might be executing the strategy wrongly. Most 'traders' don't take it seriously enough, and...

Keep it simple would be my advice. Learn how to spot a trending market. If the market is falling, look for opportunties to sell (a pull back). Be prepared to make many losing trades and think about trading of 4 hour charts rather than 5 or 15 minute charts. You need time to think, and your...