Recent content by DavieG

meanreversion With regard to your idea to trading stops using volatility. GBPUSD 30 day vol is ~ 14% square root of 256 bus days = 16 14 / 16 = 0.875. I I take the close of GBPUSD (I see 1.5999), I place my stop 0.875% above 1.5999. Stop at 1.6139?

tony_snowball Thank you. I will experiment with both these ideas. I'll let you know how I fair. alan5616 Thank you. I have started moving my stops to break even sooner as I can't bear to see profits turn into a loss. Although I seem to stare at them turn into nothing more than break even.

This is exactly the problem I am trying to battle with at the moment. I look to trade longer term in search of the bigger moves. Truth is, my entry into trades is actually ok, my original stop losses I am happy with, (I am prepared to lose money). Once the market goes my way I will move the...

Robbie Think carefully about what you do put on your CV, especially if you're looking to get into banking. Account Manager does sound the best, almost neutral, you get the interview and then impress. I have had 'Independent Futures Trader' on my CV for 3 months now and not had a sniff of...

I am my own worse critic Tuffty! One of the big lessons I learnt was you have to be honest with yourself. Can't kid the markets for sure! I'm encouraged by everyones comments.

Very inspiring Bob and an excellent read. I'll keep that link for future reading. Thanks Dave

Z3Davis - thanks very much for the words of wisdom and support. I'll e-mail you now. I can't get enough of of the education. I always manage to take something from new tutorials. I'm re-reading the John J Murphys' TA of Financial Markets again - might have missed something there!!! Thanks...

I agree!!!!

Hello z3Davis Emotional, totally. I started off quite well, first couple of months I didn't trade much but got a few winners and covered commissions etc. I was happy with that. Then I had a small loss and traded too aggresively after that as I wanted to make the loss back and start making...

Thanks GL. Tonnes of useful reading in that section. Tonnes of useful reading all over this website! I am aware of the arcades and what they offer. I'm going to try and set up a meeting with someone who works for one of them and have a chat, see what he says. I have mixed feelings about the...

Speak to Bloomberg and ask if they can give you a free trial for the Bloomberg Anywhere service, Anywhere means you can login through their website, you may get up to a month trial. Show your bosses the system and the importance of it, see if you can't twist their arms, besides showing them will...

Good afternoon everyone I hope all is trading well and taking nice profit out of the market! Is there anyone able to give me a little guidance? I'm stuck! I'll keep it as brief as possible... I left work Jan 04 to give trading a go. I had prepared as well as thought (read books on TA...