Recent content by IWannaBeAMillionaire

Forgot to say, I'm now working to the £64k goal. Not bad considering I started with the £100. I am a FTSE index trader.

Here is some great advice from a trader with over 30 years of experience. Open your trading account and fund it with just £100. Begin your trading using whatever method/system you are comfortable with. Your goal is to turn that £100 into £200. Once you've done this, you can call yourself a...

Hahaha good point 🤣

Hey all. If someone had an endless pot of money and started with a small long trade on the S&P, say £1 a point, then when the trade goes against him, open another to average down at a gap of say 100 points. Could this person not always win in the long run?

NetTecture, I already know it can not work, thats why I'm asking for help!

Hi Jack, I have never tried Forex and would love your help. Raj

Hi, believe it or not, 3k is all thats left from 10k!!! thats how much i need help. When i go long on the ftse, it goes down so I add to the position after a 100 point minimum gap (going on the theory that the index can never go bust). Recently, it went down to 3400 and I was down a lot of...

Hi, thanks all for those responses. I am a little lost though. I need to develope a trading strategy for the FTSE100 index, with about 3k as capital and would love someone to point me in the right direction. I guess I need to be told what to do and what not to do.

Hi all, If a person has 50k for example, is it really possible to make 1k a month as an income? and if anyone believes they can, what trading rules would you use? I know there is no system that guarantees anything, but I would love to find one of the better ones. At the mo, I trade end of...

too true. No point getting depressed. Forever the optimist. My long deal at 4050 may make me 500 squid tomorrow!!!

OK, feeling so low again. The FTSE at market close today was 4025. So I thought, "hmmmm, looks like an up trend...I'll put in a stop buy at 4050" So, just like always, the FTSE goes up to EXACTLY MY PRICE of 4050 and then drops 80 points by 9pm! Just cant seem to do anything right this year...

Cant believe it! After years and years, I have actually devised a way to move the market. It's brilliant! Ready? Here it is... Whenever I go long, the FTSE goes down and whenever I go short, it goes up! So, for anyone out there who wants to be rich, just do the opposite of every bloody thing i...

I have tried for years to come up with a winning combination of "rules" to ensure I always come out on top on a monthly basis, gone to bed smiling thinking that I may have finally cracked it...only to find some trading sessions later that it doesnt work! Now, I trade end of day, long, only...