Recent content by barneydunn

Thanks for registering and posting! It sounds like you have been through the same process as everyone else does, figuring out what's going to work for them. It also sounds like you are making some breakthroughs. Just as in forex incorporating some fundamentals usually makes the difference...

I was just suggesting that there is not a lot of trust about. In terms of who do you trust to get your trading education from?

The thing with that though is that if a goal is scored then the odds will shift so much that you can be left with a huge loss you can't do anything about. You'd be surprised how many times I was caught out by trying to trade a 2 - 0 match for a few ticks at the end of the game and the other team...

No, I had a go with football but couldn't get consistent.

I know them from personal introductions from other traders, they don't live in my neighbourhood and they are not gurus, they don't sell anything and are not interested in the slightest in talking to others about what they do. I'm not here to prove anything as I haven't made any claims about...

Of the few successful traders I know not one of them even reads a forum. They sorted their method out themselves and stick to it rigidly. None are billionaires but it depends on how you define success. Only one of them makes a regular full time income from trading 1 min charts. The rest are...

Looks like AMCR is a NYSE listed company? But it looks ok as a chart.

How does the RSI help and merit the space it takes? I sort of understand but I don't think it shows anything that say, a 100 sma would show with a lot less chart space. What sentiment information do you use? I used to watch the dailyfx/IG sentiment but I found it simply wasn't reliable as even...

Yes both directions, whichever way the price is moving.

You also seem very knowledgeable and willing to pass on some wisdom to less experienced traders which is admirable.

I'm not desperate to gain confirmation of what they are telling me. The main person I get my advice from has shown me his accounts and traded live in front of me more than a few days so I have no doubt about what he does. I also have no doubts that I can't easily do what he does which is a...

I don't know for an absolute fact what most of them make but yes I have seen the accounts of one and he is making lots of money consistently and has been for 15 years just scalping 1 min charts. I don't have any reason to doubt the others, they've given me plenty of solid advice over the years...

Well you have to give them your money through poor trading, they don't steal it, you go in with your eyes wide open. Or at least you'd hope most people know what they are getting into when they take this thing on. There are always going to be gamblers who don't want to work and just want to put...

Honestly though the difference between the "real" market and a cfd is minimal because any differences get arbitraged very quickly. I find that if you trade the chart you've got you can still make money. I know someone who trades dax and nasdaq through a UK based "bucket shop" broker and averages...

What markets do you trade and why are they that much better?