Recent content by Halzeigler99

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    what is an acceptable income for full time spreadbetting?

    Do not set a level would be my advice! Otherwise you will be tempted to stop trading when you reach your £100 per day target - when you could be on a roll! You can only make what your system and the market gives you and some days will be good - some days bad, so you need to capitalise on the...
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    Systems Traders Wanted

    What evidence do you need? Demo a/c? Attached is a/c opened 10/03/06 with $5M now valued at todays close at $25.9M Use part judgemental part mechanical system with good mk discipline. Ex floor broker. Need POA to trade someone else's a/c. DetailedStatement2.htm (100.0 KB)
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    Best Thread Capital Spreads

    I tried using CS on NFP day and its a nightmare...it seems that if you hit the tab and the price has gone more than 5 pips in your favour after waiting an age, they give you the 'price no longer valid' sign! But if you hit the tab and it has gone more than 5 pips against you whilst you wait you...
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    Best Thread Capital Spreads

    I am a client of CS and like many others find the whirring egg-timer followed by 'sorry computer error' more than a little suspicious in a fast mkt - especially when I am trying to exit!! I realise that a broker is presumably checking each trade but today for example the whole site went down...
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    90% of traders are losers

    I have been a trader for 20 years and although do not rely on it for my main income, I trade successfully in that I make consistant profits. The one thing I learnt all those years ago (the hard way!) is not to PREDICT the market but to REACT to it. I do not agree with traders or pundits who put...
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    EUR/USD Tomorrow 06.04. sell or buy ?

    As an ex floor trader best advise is to wait until after the figures are out (listen to Bloomberg to get their spin on the numbers) and when you are sure of the direction then enter the market BUT ONLY TRADE WITH A TIGHT STOP - say 10 pips. Then if your stop gets hit it won't kill you and you...
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    Swing & Position Trading Spread Betting / CFDs CFD SIPPS ? A Summary

    I regularly trade CFD's and spread bet financials but would not advise that one trades these high risk instruments with your pension funds. The difference between say owning your own commercial property or other property (which would be my first choice for SIPP funds) is that the investment...
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