Recent content by JimboH

Hi All, I've been spread betting indices, mainly FTSE 100, part time for a little over 3 years and would very much like to make the transition into becoming a full time trader. Since my preferred method of trading is automated and I intended to create my own systems, I feel that I have...

Thanks too ZEN archer I havnt really been able to backtest my trading strategy, most probabaly a recipe for disaster! Since I've been teaching myself trading, I don't have the knowledge or skill to translate my strategy into terms that could be programmed into a computer. Also, I'm not that...

Thanks Tim! I've read the links and found them very interesting. Appears that I'll have to change my attitude towards trading and nip my 'get rich quick attitude' in the bud :sly: and focus more on sustained growth to try and be part of that exclusive 10%! Anyway I suppose any profit, no matter...

Thanks for the info guys. I think I'll have to continue to trade around my current job for now, which shouldn't be too bad since the style of trading I prefer is trend/swing. I know that the question I'm about to ask can be compared to 'how long a length of string is', but what is a realistic...

Thanks for the advice guys. Glad to hear that it is possible to be successful at spreadbetting, thanks malaguti. I've been trading on a similar scale to what you had started with although I have only recently applied my trading plan, so I'm yet to see how it performs. Having said that, I...

Hi guys! Just out of curiousity, is there anyone out there who makes a living from spreadbetting alone? The reason I'm asking is because I've been trading shares and spreadbetting on a small scale for just over a year now and I'm looking at a potenital career. I'm still on a steep learning...

haha. I'll have a look at those soon as then and will do! Thanks again for the help, should give me a bit of an edge in my trading now!

Nice one, thanks! Yeah, I'm finding elliot waves a little unreliable at the moment. I can't say i've heard of the cyclic theory before and I don't know much about point or figure either, but I'll get stuck in and start researching! Can you recommend any literature or websites that can help me out?

I mean a limit to close a trade, so if i was long the limit would be to go short at the same amount per point, and vice versa. Yeah, i'd like to project a future price that would close a trade and lock in any profits ive made.

Hi guys! I'm not new trading but I'm still on a steep learning curve and have been wondering if there are any alternatives to projecting limit orders other than with Fibonacci? I'm using limit orders for spreadbetting indices and I'm finding them quite useful at removing emotion from my...