Recent content by TraderLT

Update - 28/7/14 So its a typical summer market with not much going on right now. Lots of event risk later in the week so things might get moving again. It's times like these that I feel sorry for people who are trying to trade forex majors. Anyway - My two current positions are moving...

If you can do 100% in two years - which it looks like you've done, then you can get to £191k. Do you have stats on your trading? Kept an accurate log of everything? What is your average return per trade? Max drawdown %age over the 2 years?

In my opinion - short term trading is much more about what the market is doing right now (price action - market volume and order flow) rather than fundamentals. For example - If I wanted to day trade the e-S&P, I would be much more concerned with things like the hourly trend and the orders on...

Update - My trade on FRES has started very nicely. To hedge that - I've gone short Tesco plc. I'll get a chart up on Tesco soon enough. I'm not touching the Euro as it got smashed again. Sadly I'm in meetings but I'd love to trade the Euro on Thursday. Could see some great short term sells on...

"I mean for example today someone said he looked at the price compared to competitors. and then for this telecom company the price was at this point much lower than the price of the competitors and therefore he expected an uptrend in the chart soon." Also I'm not sure that this is wise. If a...

Ok so going back to your original post - If your aiming to hold trades for 1-3 months, then you are going to have much more success if you are on the right side of the fundamentals. So - from a very basic starting point, this is how I would look at it: Start with a bias - do you think the...

Quick note - Not stocks, but looking at EURUSD, I'm really interested to see what might happen this week. Looking at the chart, I may get long on another run of 13500. Looks very interesting....

Long trade - FRES Ok so first trade is on - long Fresnillo PLC at 902.9 The story around this trade - UK PMI's have been very strong with the most recent figure being a euphoric 57.5. Anything above a 50 can be considered to be a bullish indicator, holding above 55 and rising is very...

I've finished typing for tonight. I'll prepare a couple of trade examples of positions from earlier this year to give a bit more colour to my approach - then it will be on to the trading. Happy to answer any questions. Cheers all. LT.

Anyway – enough of that, down to the trading. My methodology 1 – Fundamental Analysis to target sector long/short bias 2 – Technical trade timing on specific stocks My investment process starts with the fundamental analysis. This is very simple and just what I’ve been taught through my...

Hello traders - Thanks for taking the time to check out my trading journal. TLDR: Fundamental analysis – trend following technical timing entries – mainly UK and US stocks – long term position trading with a bit of day trading thrown in. I think it will be something quite different from the...

If you deposit £2000 in to an ISA and trade it up to £20,000 - you are correct, there will be no capital gains tax to pay.

You could put short ETFs in an ISA but transaction costs will kill you - typically £20 ish for dealing charge each time you trade then 0.5% stamp duty. There are some leveraged ETFs out there but you'll still be limited by account size with an ISA limit of £11,880. Not enough room to manage risk...