I’ll take grey hair over algorithms any day

Courtesy of Tradingfloor.com a nice piece on risk management, algos, macro traders and how banks operate.

Over the last couple of days I’ve had a few european centric Binary positions closing on me.  Whilst not necessarily taken with the French elections in mind they certainly played a part in their outcome.  One win and one loss.  Lets cover the losing position first: EURUSD After a wild start to 2012 where the [...]

How to strengthen your will-power

Surprisingly useful info for traders.

For those of you who know me will know that I also run the London Traders’ Network over on Meet-up. At the moment we’ve just started a poll based around what type of trader are you? You have four choices: Scalper Day-Trader Swing Trader Position Trader I’d love for people to pop over there and [...]

Hello all, I’ ll post some of my trades  over the weekend.  However before that I thought I’d better draw your attention to an opportunity to see me speak at the Traders & Investors Forum at The International Traders’ Expo on Saturday 9th April. Regardless of whether you wish to listen to my dulcet tones or [...]

Last time I looked it was the 3rd week in November and now it’s four days to Christmas!  Where did that time go? It’s been a busy few weeks and most of my trades have been off the weekly and 4 hour charts.  I’ll look to put some up details over the next few days for [...]

It’s been a very jumpy morning on the intraday charts. I had a signal to take GForce long this morning and even though I had a view that it might not trigger or if it did trigger then the likelihood of getting 70 pips was slim (with it having to break the big 1.600) I [...]

This is my first blog for ages as I’ve been busy moving home and it’s been the school holidays, but now all that is done and I’m back blogging on FOMC Tuesday with a video! I didn’t think there would be much to do today, overnight in Asia was quiet with everyone waiting for this [...]

For those of you that read this blog regularly you may have been wondered why we have been a bit quiet recently. Well since our last event I’ve been ill with an eye infection which meant that I couldn’t even cast a glance at my screens for almost 3 weeks. I felt as if I [...]

The theme of my trading for May seemed to be make pips – lose half – make more pips. All in the space of one day. Today being the 1st June I was clear headed enough to not make the same mistake. Today was make pips – lose a few pips  – finish – go [...]