Recent content by matty199

i agree i agree but can you be this lucky? over so many trades he only made a small loss of about £500 three times all the rest are winners between £100-£1500

what he does he has no set stop loss as he watches full time,yes he does risk a large % of capital and has not got a high tech system but when i put that to him he replies "why do i need a system when what i have works very well" not a lot i can say to that, He does take loses when he feels hes...

i left a thread a while ago about my mate who has done very well srpead betting on the dow at £20 per point and his method for trading is just news and most importantly gut feeling he turned £5000 into about £8300 in month 1 with about 25 trades now his pot is £14500 after about 40 trades,I know...

thanks for advice thanks and its appreciated,could i ask a few more questions please. 1.do you trade only on support/res/trend lines? 2.what do you trade 3.would you recommend getting software if so whats do you think is best 4.do you day trade 5.do you spreadbet if not what do you use and why...

advice please could you help i read your post on support and resistance and im quite new to trading,could you naswer the following for me. 1.what time scale should the chart be ie 6 months 2.when you putting in the support level what if only one day in six months is the lowest point does that...

risking more he is risking about 25% of his pot per trade you say that a bad idea but due to success he now is only risking 12.5% or less of his pot. what i really want to know about systems is how much is gut feeling? is your system rigid ie opening closing hwo many points per month would you...

i have been spread betting on the dow for about a year and overall lost money,i have read the books ect tried them and find they dont work. One of my mates spread bets at £20 point on the dow only he makes his choice long or short on the following,the news and results oil price and most...