Recent content by vettelsfinger

Hi hkmt, From my equity research days, this is a problem I am familiar with. The discrepancies are often widespread for many companies, I agree with the other posters that reputable sources are the best. It is best to stick with one source as well as mixing the data can skew the results...

Hi Solas0077, Thanks for the article, I found it to be an interesting read. Obviously it would be great if i had millions to invest straight away, as I could manage my risk accordingly! I have a reasonable amount to invest but will ensure that this is matched by a proper risk allocation...

Hi Shirkan, I am also a newbie trader and if I read between the lines, I suffered from the same problem as you when I first started out. I find there is a lot of choice out there with brokers, promotions and crucially assets to trade. My approach was to see what I wanted from my trading and...

Hi Giovan, NP88, Thank you for your comments, I feel that over the last few weeks I have developed an OK understanding of the basics of trading- enough to devise my first strategy, so far this has been working fairly well but I am keen to develop it further. Price Action seems to be a very...

Hi Them_Apples, I think a truly balanced portfolio is a dream for most of us, hopefully your trading will come good enough to work towards that at least. From my limited experience I don't think you can ever understand the market, as the dynamics appear to change frequently, just...

Hi Timsk, Hope that you are well, I am in a similar position as due to work constraints I may have to place trades and then leave them to play out! I think there will be little boredom using this approach! I have managed to place a few smaller trades recently to get in the swing of things, and...

Hi Valentino, The thing is about the AUS/NZD is that is is too early for me! I think if I keep track of the news events through my phone it will be manageable. I have now refined my strategy which I will be posting on here ASAP. In regards to the other question I have got an IG account and...

Hi Darktone, It seems as though the strategy is proving itself, I am still not experienced enough to take on something like this but as I said before I could incorporate it at a later date. Do you only use the DAX for these trades or is the strategy suitable for more volatile forex markets too...

Hi All, I have conducted some analysis of the currencies that I would like to use for my Forex account. I have decided that EUR/USD is the best fit due to the liquidity, opening hours and correlation with news. I was also considering GBP/USD but I think the influence of Eurozone news may be too...

Hi Them_apples, It is great to see you doing well as a beginner. I used to have a stock portfolio based on FTSE-AIM stocks, did not go so well as I caught the downturn in 2011. So my advice on this would be to only advance to the riskier stocks once you are ready and have some blue-chips...

Hi Darktone, I have finally managed to read through the thread :-) It looks as though you have put a lot of work into refining this thread, if I perceive that the focus is on managing losses rather than focusing of profits? I have looked into limit orders and what they are and wondered if you...

Slowly but surely things are clicking into place! I like the level of advice that is being given it is exactly what is required, there is just too much sales fluff out there! I am going to stay with UK based brokers as they are easily contactable for me if things go wrong and from what I see...

Hi Hate2Lose, A good run down of brokers there to get me started. I actually opened an IG markets demo account to get familarised. I have also had recommendations about them from others in the past. In regards to your trading, is there a reason why you mainly use CFD's? does it just provide a...

Hi Timsk, Thank you for your advice, I have heard elsewhere that trading is all about psychology and I think your post emphasises and rationalises this very well. I have started looking at the psychology section of the site and find this helpful too. I was wondering what your personal...

Hi All, I have not started even defining a strategy yet but I feel that I will also be beset by the same problems as OldDogNewTricks. To elaborate on his initial question are there any non trading based ideas of how to relieve stress when trading that you use? such as relaxation methods etc...