Trading Strategies, Psychology

Trading Strategies, Psychology

5-point checklist for using chart patterns within your trading plan

  Chart patterns (e.g. head and shoulders, triangles, double bottoms/tops), are commonly used to assist in trading decision making. If using these as part of your entry approach, their use should be viewed as a specific strategy, amongst others you may use, and so merit a dedicated section within your plan. This article outlines some of ...

April 11, 2020
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Control your trading time (with FREE audit tool download)

  ​Trading requires a commitment of time. For each of us the amount of time we must dedicate to trading activities is limited and justifiably so by other life activities (for of course, we want trading to contribute rather than take away from lifestyle). Despite the importance of checking in on how you are using your trading time, comm...

April 2, 2020
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Inner Circle Video: Treating your trading as a business…the next level

In this weeks session we explored the concept of trading as a business. We differentiated between this and the way in which many traders operate i.e. in the 'hobby zone'. Additionally guidance was provided to potential stages you can work towards once the basics are in place. The video can be watched below: Any comments or questions to mik...

April 2, 2020
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Quick trading Tip…Be Calm and Develop Trading Patience

  When we first start to trade, or subsequently (as a more experienced trader) when we trade a new symbol or system we are often “excited” as we see a “hope” for better results. We often forget that the development of expertise in other areas we have in life (think about what you do in work now for example), you must invest time,...

March 30, 2020
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Inner Circle Video: Markets in turmoil – Risk and opportunities

At this special Inner Circle session Mike Smith (GO Markets), Cameron Malik and Mark Austin (Magnetic Trading) will be picking apart the events that have led to where we are now and outlining the significant risks and equally opportunities that may exist over the coming days, weeks and months. We looked in detail at Indices, equity markets, comm...

March 20, 2020
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Should Current Market Volatility Merit a Review of how you are Trading?

  Volatility Revisited Volatility is a measure of the range of price movement over a defined period on a specific timeframe on which any calculation is performed. It may increase or decrease dependent on market conditions and aims to provide the trader with an indication as to whether the range price movement in subsequent candles/bar is lik...

March 11, 2020
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Mind the gap! Strategies to managing ‘gapping’ risk with Shares and Share CFDs

  Obviously, one of the major differences between trading shares or share market derivatives (e.g. Share CFDs and Options) compared to other instruments such as Forex and Index or Commodity CFDs, is the daily set market hours and the risk of potentially significant differences in price between the close of one trading session and the openin...

March 10, 2020
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Coronavirus equity market action: Too early to call a bottom?

  At last week’s Share CFD clinic webinar session on Thursday we discussed the current market response to Coronavirus and key technical levels that could be important. Clearly market reaction has been significant, market sentiment over the last week has given a clear sentiment message as to the adverse financial implications of Coronav...

March 2, 2020
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Inner Circle Video: “Why is my trading system not working?”

Please find below the recording of the video from this weeks exciting Inner Circle session “Why is my trading system not working?": Five key areas to explore NOW. Please note the disclaimer at the start of the video. https://vimeo.com/392460601   Any questions about the content covered then please feel free to drop an email to mi...

February 20, 2020
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Avoiding three pitfalls of shorter timeframe online trading

The relative ease of online trading today has not only increased the opportunity of access but flexibility to trade different time frames that can better “fit” around other things going on in life. Trading short timeframes is a popular choice for many online trading strategies. Indeed, the shorter time-frame charts e.g. 15 minutes or les...

February 16, 2020
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Video: Inner Circle “Interviews with Successful Traders” series – Mark Austin

Another fantastic webinar session yet again, with this week's session of the Interviews with Successful Traders series featuring Mark Austin of Magnetic Trading, whose main speciality is Index trading. What Mark shared not only had relevance to Index trading, but also across all trading vehicles. We are delighted to share the video from the sess...

February 13, 2020
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Top 5 Daily Habits of Experienced Traders

Success leaves clues, and over the years as an educator and coach, I can confidently say that there are several things that traders who achieve positive trading outcomes appear to do, that less successful traders are not doing. One of these is to have a daily agenda or habits that go alongside direct trading activities with the aims of getting...

February 5, 2020
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Counting the cost of poor trading discipline – A motivation for change

    Before we start, this is one of those “tell-it-how-it-is” articles, so perhaps turn your sensitivity meter down a little and read this in the nurturing, supportive spirit in which it was written. It does involve some work for those who are serious about growing as a trader, so be warned it lays down a challenge to act. T...

January 29, 2020
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Inner Circle Video Recording: Using Autochartist on MT4/5 to identify opportunities & create a trading system

  Please find the recording of this weeks Inner Circle session below "Using Autochartist on MT4/5 to identify opportunities & create a trading system" to review at your convenience.   Ilan was not only generous in giving his time to share the power of Autochartist as a trading tool but gave invaluable insights into his own tr...

January 29, 2020
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Revisiting Your Trading Profit Target Strategy

  Using profits targets in trading, irrespective of trading vehicle chosen (e.g. Forex, Index/commodity CFDs, Share CFDs), is commonly discussed as potential exit strategy. The reality however is that these are often executed with a lack of consistency with ambiguity in trading plan statements. This article revisits profit targets and...

January 22, 2020
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