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Videos uploaded by user “UKspreadbetting” for the 2014
How and When to Exit a Trade: Take Profit and Stop Loss Levels
 
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● Zak Mir, an experienced technical analyst comments about entering and exiting trades. How/When to Exit a Trade. ✔ Please like the video and comment if you enjoyed - it helps a lot! ● To trade we recommend InterTrader No Dealing Desk platform: http://www.financial-spread-betting.com/intertrader/intertrader.html Zak Mir, an experienced technical analyst comments about entering and exiting trades. How/When to Exit a Trade. How to Determine Take Profit and Stop Loss Levels. I know what works and what works is successful money management over and above charting or the technical aspects. You take a position, irrespective if this was done on the toss of a coin and you move the stop loss with that position until the market stops you out. The key is to raise your stop loss to breakeven level as soon as possible. That way it is difficult to get wiped out and one day you will have a very big winner. I know that sounds like i'm doing myself out of a job but it important to be realistic what is effective and not effective. Money management is so important in this game. I think you can determine the take profit and stop levels using the average true range but really all you need to be concerned about is raising your stop to breakeven.
Views: 77576 UKspreadbetting
Building a Trading Strategy: Entry, Exit or Money Management?
 
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Zak Mir, an experienced technical analyst speaks about trading timeframes and money management What are the market conditions that you consider ideal, and which ones are the most challenging, for the performance of your strategy? When developing a trading strategy, do you give a higher priority to building entry signals, exit signals or money management rules? Do you favor any particular timeframe in your strategies? What is your average trade duration and trading frequency? What should an inexperienced trader watch when choosing a time frame? In terms of day to day strategy, it shouldn't really make a difference unless the market is very volatile. If you've got your methodology correct and you're trading with stop losses you shouldn't really be bothered.
Views: 23158 UKspreadbetting
Which technical indicators work best for you and why?
 
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Which indicators work best for you and why? Zak Mir, an experienceed technical analyst responds. Indicators were all the rage a few years ago, but they are out of favour now. Please comment. What are the most important technical indicators to know about? Which indicators work best for you and why? You look at these spread betting platforms and they have hundreds of indicators on their charts so they are still there but personally I only use the RSI. For a long time people were looking for the holy grail technical indicator and obviously it doesn't exist. New indicators keep coming but they simply add to the pile of technical instruments which most people don't understand. For me its the price action and price patterns and moving averages that I look at.
Views: 15239 UKspreadbetting
Can you make a living out of trading?
 
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Can you make a living out of this? http://www.financial-spread-betting.com/Making-a-living-spreads.html Daniel Moczulski of Star Financial Systems comments. How much money and time you need to do it professionally. I think you certainly can make a living out of trading and some do. I have to be blunt - when clients trade with us we see their trades; we do not see the amount of effort they put into those trades. Let me be clear on this. It is not easy and whenever I speak to profitable traders I can see they are absorbed by the financial markets and they put in a lot of effort. How much do the top spread bettors actually make? People view trading and spread betting in different ways. So the person who does it for a living might view winning 100k in a year as a good payout while a part-time trader would be happy for earning just 10k in a year. I always remember a particular winning 5 or 6 million pounds. How do losers think? How do winners manage risk? The clue is in the question there - and its the discipline - successful traders actually manage their risk. What kind of skills and character traits make a good trader? It is understand the risk/reward and profitable traders really do understand the relationship between fear and greed. Do short-term/day traders make more money than long-term traders? If they're good at it both make money. A short-term day trader has to really be glued to the screen and is far more involved in every trade he puts on. The long term trader doesn't operate like that and may not even look at it for the next 3 or 4 months. It also depends on the volatility of the market... What size accounts do the most profitable traders have? Are high net individuals more serious in their trading? This is a difficult question but good traders have accounts in excess of 2k definitely. When people open an account they tend to look at the minimum amount required to open an account but perhaps more important is the size of the trade you can put on.
Views: 86569 UKspreadbetting
How do you handle trading losses?
 
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How do you handle trading losses? Zak Mir, an experienced technical analyst responds. Winners and losers, what do they do that is different? How do you handle trading losses? What's the best advice you would give to traders who want to enter the trading world? Basically i try to detach myself from trading losses and try to convince myself than the next trade will be a winner. But I don't have a problem with a series of losses - and that's the attitude you need to have. The losses need to be small enough so as not to upset you emotionally and the problem with most traders is that they are too leveraged. When you have losses you need to look at why you incurred the losses.
Views: 7076 UKspreadbetting
The devaluation debate - why do countries want a weaker currency?
 
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The devaluation debate - why do countries want their currencies to be weak? http://www.financial-spread-betting.com/Foreign-exchange.html David Morrison Market Commentator and Trader comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! The argument for having a weaker currency is that you can export more and its good for your balance of payments. But its a bit of a fallacy really because there are two sides to this. Yes, if you have a weaker currency and if you're producing products in your country and people from outside want to buy these products and your currency is cheaper relative to theirs, then it is more attractive to buy your products. But if you are a country like Japan which has to import more materials to make those products in the first place, the fact that you have a weaker currency makes those raw materials more expensive. A weaker currency is also inflationionary and all countries are desperate to create inflation to reduce their debts.
Views: 5595 UKspreadbetting
Is there a quick and easy way to predict changes in trend?
 
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Is there a quick and easy way to predict changes in trend? Zak Mir, an experienced technical analyst responds. Identifying Market Trends and Assessing its Strength. Why does heavy volume indicate the strength of a trend? What's a simple, technical strategy for predicting price movements?
Views: 6292 UKspreadbetting
Trading Strategies: Dips, Buying Support and Selling Resistance
 
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Trading Strategies - Buying Dips in an Established Trend - this is all about moving averages for me; you have them rising near term you know daily charts; its a bit about Fibonacci you are trying to guess which of the points like the 25% or 50% retracements but you are using the moving averages as a guide. - Buy Relative Strength - I don't really go for that too much or pairs trading. The relationships between markets can be complicated and ambiguities can last longer than you can afford. - Selling Rallies - I prefer going with the flow - Sell Relative Weakness - Buy Support and Sell Resistance - buying support and selling resistance is a great strategy
Views: 7552 UKspreadbetting
Best times to trade the FTSE 100 and Dow Jones
 
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★ Best times to trade the FTSE 100 and Dow Jones ★ You can trade the FTSE 100 and DOW at InterTrader http://www.financial-spread-betting.com/intertrader/intertrader.html ★ If you found value in watching this video, PLEASE LIKE AND SHARE so we can do more! Interview with Simon Denham, Founder of London Capital Group. Best times to trade the FTSE 100 and Dow Jones. Overnight i.e. when the indices are closed is generally not a great time as spreads get wider. But really there is no best time for making money but more volume related. What's the average trade size? Risk warning: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 12179 UKspreadbetting
How do you control your emotions when you lose money trading?
 
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How do you control your emotions when you lose money trading? Louise Cooper comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! You really need to take the emotional attachment away from your trading. The stock market isn't your friend, stocks, currencies..etc aren't your buddies - they are there to make you money. Do not bet your life savings in the markets and straightaway you will be much less emotionally attached to any financial decisions you take. What are the major pitfalls to avoid when trading? You really need to be aware of risk control and your emotions. Building up savings is hard for most people and you need to protect that capital. What kind of habits would made a bad trader?
Views: 10487 UKspreadbetting
Creating a Trading System
 
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Creating a Trading System http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Creating a trading system in 8 steps. Step 1: What kind of trader are you. Do you prefer day trading, swing trading or position trading? You need to feel comfortable and be able to achieve your goals. Step 2: Choose your timeframe. If you are going to day trade you could look at 15 minute charts and hourly charts. If you are going to swing trade you could trade 4 hour charts and daily charts. Step 3: Identify a trend using price action and moving averages. Step 4: Confirm the existence of the trend using indicators and maybe a second set of moving averages Step 5: Define the entry. You need to have a clear set of rules that will determine if you open a position to follow the trend. You can follow trends using dynamic support and resistance, waiting for a pullback, trading fibonacci levels, you can wait for a pinbar, morning start or evening star, trade the break of a high of an uptrend..etc Step 6: Define the exit (take profit), perhaps a moving average cross, an indicator or a combination of these things. Step 7: Define your risk using position sizing and a stop loss. Step 8: Keep records. Make sure to record trading results.
Views: 4009 UKspreadbetting
Do you know any traders who make a living from trading?
 
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Do you know any traders who make a living from trading? Louise Cooper comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! I know lots of traders who make a living from it - either working in banks or working for themselves. When they work in banks some traders actually fail to understand that they are successful because they are sitting in the flow of business - clients buying and selling stuff. When they leave the banks and set up their own hedge funds or private practice they often don't perform as well because they are missing that flow. Tell us about them and how they typically trade and/or what makes them successful. What makes a good trader? How the trader reacts to a loss is a big indication of whether these will be successful or not in future.
Views: 20578 UKspreadbetting
Learning Technical Analysis - any Good Books?
 
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How to learn Technical Analysis -- any good books on the subject? Zak Mir an experienced technical analyst comments. Which technical analysis software do you use? What are some of the best charting and analysis software out there? I recommend my last one; how to make money from technical analysis only because it was a different approach than what has been seen before. I would also highlight 'The encyclopedia of Chart Patterns' by Thomas Bulkowski. The problem with most books is actually that they give you too much and you need to narrow down focus.
Views: 4277 UKspreadbetting
Is trading foreign exchange harder than trading stocks?
 
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Is trading foreign exchange http://www.financial-spread-betting.com/forex/spread-betting-forex.html harder than trading stocks? David Morrison comments. PLEASE LIKE AND SHARE so we can bring you more! They both have their own challenges. Trading an individual stocks depends on the kind of information you are getting. People who like to follow certain shares like to think that they have some advantage over others. I would say that there is more scope to trade the forex markets successfully How can one be a good forex trader? Are there any retail traders who are successful trading the forex markets? Let's assume an intraday trader; for anyone doing this, discipline is absolutely key. That means doing your homework and understanding the fundamentals drivers of a particular market.
Views: 9232 UKspreadbetting
Can you make a living out of trading?
 
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Can you make a living out of trading? http://www.financial-spread-betting.com/Making-a-living-spreads.html David Morrison responds. How much money do you need to put into trading? PLEASE LIKE AND SHARE so we can bring you more! How much time do you need to dedicate? Yes, you definitely can and there are traders who make a living out of trading. There has always been people who have been making money on their own trading the financial markets. Other people are just happy to dabble or trade on a part-time basis which I would consider is a sensible approach. If you really wanted to make trading your living, then you would likely know that before doing it. Don't give up your day job unless you are sure - at first just try your hand at it. How does one manage the inevitable drawdown? The best way to manage drawdown is to expect them; that they are inevitable in trading. It all comes down to sensible risk management.
Views: 8661 UKspreadbetting
Day Trading, Swing Trading and Position Trading
 
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Day Trading, Swing Trading and Position Trading http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this video we review the differences between day trading, swing trading and position trading and what timeframes are best suitable for each trading style. When we day trade we hold positions purely for the day, but by the end of the trading day everything will be closed. When we swing trade, we hold positions slightly long term; this can range from a few days to a few weeks. A position trader would hold positions for months and even years. Day trading requires a lot of screen attention so is not really suitable for someone with a 9 to 5 job unless you trade overnight.
Views: 5930 UKspreadbetting
Which markets do you prefer trading?
 
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Interviewing Technical Analyst Zak Mir What timeframe do you trade? Which markets do you prefer trading? For which markets do you think technical analysis works best? Forex/FTSE 100 shares/AIM/Indices/Commodities? Does technical analysis work on small caps? My preferred markets are the indices and the currencies on an intraday or daily basis. Certain markets like the AUD/USD is a good market to trade with technical analysis; much better than the EUR/USD. The Japanese Yen can also be difficult but the Canadian dollar is an easier market to make a call on. Trading the FTSE 100 is very difficult.
Views: 6290 UKspreadbetting
Why do spread betting providers hate Arbers/Scalpers?
 
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Why do spread betting providers hate Arbers/Scalpers? Daniel Moczulski of Star Financial Systems comments. That is a good question although I wouldn't necessarily say that spread betting/CFD brokers hate arbers and scalpers. Brokers don't want to take on risk and like to be able to offset exposure. Arbers/Scalpers are typically in and out within seconds and this doesn't give providers any time to cover their risks. It is thought that individual shares are a bit of a nightmare for spread betting providers to offer/manage. Why? It really all comes down to the same argument at the end of the day... spread betting providers, maker makers, CFD brokers, ECN, multi bank portals...they frown on scalpers (particularly the ones who make money; they don't mind the rubbish ones ;P) but their attitude is changing from making it difficult for these kind of traders to make money to actually trying to devise a way where they can both make money. And a trader should want his broker to be able to make a profit by his trading or it is not going to be much of a relationship at all.
Views: 7176 UKspreadbetting
How many trades do consistent winners have open at any time?
 
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Interview with Simon Denham, Founder of London Capital Group. Visit us at http://www.financial-spread-betting.com/ Focus: how many positions do consistent winners have open at any time? How often and how much you can expect to...lose & protecting the downside. You need to be profitable even if 50% of trades end in a loss. Consistent winners tend not to be distracted by different markets and different things and as such are likely to have only a few positions open. The absolute difference between the winners and the losers is the size of the winners and losers. We will always spot the losing clients because they are the ones who make lots of small trade profits and then suffer occasional big losses. Risk warning: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 5171 UKspreadbetting
Do providers really have traders betting £500/point on the FTSE?
 
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Do providers really have traders betting £500/point on the FTSE (or more)? http://www.financial-spread-betting.com/ What are some of the biggest trades you’ve witnessed over the years? Daniel Moczulski of Star Financial Systems comments. I remember a client who had 350 million pounds worth of HBOS (Halifax Bank of Scotland) some years ago. Every penny it moved made or lost 16 million pounds! How often do spread betting providers really make use of hedging? What is the typical % of profitable customers? Any statistics for their trades?Providers don't really like taking on risk. If spread betting providers are able to manage their risk, they won't hedge but if they aren't able to manage their risk, they would hedge instantly.
Views: 5892 UKspreadbetting
Indicator Overload - How many are too many?
 
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Indicator Overload - How many are too many? Zak Mir, an experience technical analyst responds. Overcomplicating things. Is it true that many indicators are duplicates of one another. For me really more than one indicator is too much; it doesn't really make sense to use too many indicators. Plus most of them echo what the other ones are doing so the stochastic would be oversold at the same time the RSI and MACD are oversold. Most technical indicators show the same stats.
Views: 3949 UKspreadbetting
Common Mistakes that New Traders Make
 
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What are some of the most common mistakes http://www.financial-spread-betting.com/strategies/Spread-trading-strategies.html that new traders make? Louise Cooper answers. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! I think one of the key problems is understanding risk management and how to preserve your capital because this should be your primary rule. You don't want to lose all your capital when starting out. Most traders don't use stops and when the trade goes in their direction that can be even more damaging as it tempts your to avoid the risk mitigation measures. It is all about trading discipline to manage risk that many traders get wrong. Don't be a victim of churn and burn; some advisory brokers will churn your capital by taking many trades on your behalf just to maximise their commissions. You are not going to become a millionaire after a year trading the financial markets...
Views: 4810 UKspreadbetting
What is it like being a self-employed day trader?
 
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What is it like being a self-employed day trader? http://www.financial-spread-betting.com/ David Morrison Market Commentator and Trader comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! Being a "trader" simply isn't glamourous. Please comment. Well it can be a bit lonely, a bit frustrating at times. I don't do it 5 days a week. It can be rewarding and it can be very frustrating. If you're on your own you don't have people to bounce ideas on. That's why things like twitter are useful. Are there any trading clubs? I think there is still a lot of glamour surrounding trading.
Views: 3728 UKspreadbetting
Stop Losses and Take Profits: Risk Reward Ratios
 
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Stop Losses and Take Profits: Risk Reward Ratios http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Like stop losses you also need to have limit order (a set price) in the market that when hits permits you to get out of the market for a profit. Take profit orders can be optional but I don't believe stop losses should be options as part of a trading strategy. First of all our take profit should far outweigh the possible loss. So if you have a stop loss at 20pips our potential target level has to be much greater to give us a risk reward ratio of at least 1:2 although I personally trade a higher risk:reward. Reason being of course that we want our potential profits to be greater than the amount at risk on any one trade. If we were to have a risk reward ratio 1:5, we would only need to be right 20% of the time and we would make a profit if we are right 40% of the time. Always look at historic price data to set stops; limit orders should in general be greater than our stop loss.
Views: 3666 UKspreadbetting
The Facts about Trading Indices: Tips on Trading Indices
 
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Index trading is very difficult. http://www.financial-spread-betting.com/indices/Index-spread-betting.html Indices move very fast and a winning position can turn into a big losing one in just an hour or two. PLEASE LIKE AND SHARE so we can bring you more! Please comment. David Morrison Market Commentator and Trader comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! Indices are volatile, that's part of that attraction - obviously because its an index there are a lot of stocks that make up an index. An index is giving you a measure of sentiment in the market. A company can go to zero but that's unlikely to happen to an index.
Views: 6729 UKspreadbetting
Can you really time the Market?
 
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Can you really time the Market? Zak Mir, an experienced technical analyst and commentator responds. What factors do you look into before buying a company's stock? Can you profit when a share price gaps? Momentum Trading - Using Volume to Predict Market Moves I think you can time following the market and you can probably time when there is going to be a decent move but to get the actual highs and lows is a different story. The best that most mortals can do is to follow what's happening but that's following and not timing the market. I look at stocks that are trending and try to see why people are interested in these shares.
Views: 5027 UKspreadbetting
Making Money in the Stock Market: What makes a Good Trader
 
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Interview with Simon Denham, Founder of London Capital Group. Visit us at http://www.financial-spread-betting.com/ How effective do you think the stock market is for creating wealth? What makes a good trader? What sort of annualised return should a trader reasonably expect? That's a difficult one because the way most people get wealthy is by selling shares in a company they've spent 10 years building. The stock market is very good in creating wealth in that way but for actually creating wealth for investors, in general the people who make large amounts of monies are the brokers. The stock market is a great holder of value and a great marginal boost of wealth but normally it won't lead to massive wealth although of course there are exceptions. What makes a good trader? The most important thing is discipline. Risk warning: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 3996 UKspreadbetting
Trading: don't stops sometimes actually work against you?
 
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Interview with Simon Denham, Founder of London Capital Group. Visit us at http://www.financial-spread-betting.com/ How sound is it really to use stops in trading? Suppose you have a very strong opinion/conviction don't stops actually work against you? Surely if you'll long on a stock and the price goes down with no change in fundamentals; it is an even more compelling buy? Is a stock that has fallen from $100 to $80, better value, all other things being equal? Would you be willing to accept a 50% loss? From your experience, do the consistent profitable 'star' traders use stops? 'Whipsawed':'my stops are too tight, but if I put them further out, I lose money' - what solutions would you use to this trading problem. Are stops triggered on the bid-offer prices of spread betting companies' prices or on the bid-offer prices of the underlying market? Risk warning: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 4892 UKspreadbetting
Becoming a Better Trader: Avoiding Common Trading Mistakes
 
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Andrew Edwards CEO at ETX Capital http://www.financial-spread-betting.com/spreadbetting/ETX-compare.html speaks to us about common trading mistakes. The best advice I can give anybody is to take emotion out of the trade. Decide where you stop loss and profit levels, stick to your rules and when you make mistakes, make notes of that and make sure you don't commit the same mistakes again. Having said that, it can be very difficult; sticking to your rules can be difficult; trading is not really exciting, it can be a boring and frustrating job and people tend to start breaking their own rules taking on bigger trades using a bigger percentage of their account capital. Traders also tend to want to run losses because they become emotional about their trades and they don't keep tight losses. ETX Capital is the trading name of Monecor (London) Limited, company number 00851820. Monecor (London) Limited is authorised and regulated by the Financial Conduct Authority, with Financial Services Register number 124721, a member firm of the London Stock Exchange and was established in 1965. Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 2087 UKspreadbetting
Most Forex Traders Lose Money!
 
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Interview with Simon Denham, Founder of London Capital Group. Visit us at http://www.financial-spread-betting.com/ Is it true that most people who trade forex lose? If you are a good forex trader and located in the UK you are probably better off spread betting as your gains are tax free. However, it is also true that most traders who deal in foreign exchange lose. Risk warning: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 5397 UKspreadbetting
Interview with Technical Analyst Zak Mir
 
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Interviewing Zak Mir; one of the UK's best known and experienced technical analysts. He has spent well over 10,000 hours providing charts and analysis on Zaks-TA.com since its foundation in 2002. Tell us a little about your Background How and when did you first become interested in the markets and trading?
Views: 7592 UKspreadbetting
What is Swing Trading?  Do you Swing Trade?
 
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What is Swing Trading? Do you Swing Trade? Zak Mir, an experienced technical analyst and commentator responds. Swing trading is supposed to be a 2 to 5 day move and the assumption is that markets tend to move in mini cycles. The problem is that you have the overnight risk factor so you really need to adhere to strict discipline and money management.
Views: 4162 UKspreadbetting
Buy Side versus the Sell Side: Traders at Hedge Funds and Banks
 
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Buy Side versus the Sell Side: Traders at Hedge Funds & Banks. David Morrison comments. PLEASE LIKE AND SHARE so we can bring you more! Systematic versus Discretionary Traders Some common misconceptions about traders. Discuss each of the following: - Buy side versus sell side: traders at a hedge fund or prop firm taking on risk to maximize reward versus traders at an investment back that are trying to maximize flow by matching bids and offers. - Systematic versus discretionary: traders who write computer code for strategies that can be backtested versus traders who research particular theses to trade on that are not based on a model or cannot be backtested (or use their intuition). This is talking about institutions and the professional trades; knowing what they're up to is good for us private investors/traders. A sell side analyst or broker would go to institutions telling them that they ought to buy this and that. The buy side are the Proprietary traders who are taking positions on behalf of institutions and they are there to make money. The sell side are the salesmen, the buy side are the one who are really there to make money from proprietary trading. It has been argued that the investments banks have become little more than hedge funds and they should be more honest about it. A hedge funds isn't necessarily transparent in what its buying or selling but its very transparent in what its trying to do in that its trying to invest money for wealthy people in a bid to make more money. The banks today are themselves operating like hedge funds. Looking at Goldman Sachs or JB Morgan; they would go for a whole year without incurring a loss in their proprietary trading; how can that be possible? The only real difference between a hedge fund and a banking institution is that if a hedge fund blows up no one cares but if a bank then we are on the hook for it as taxpayers! So should the likes of Barclays or others be doing that kind of trading? About trading systems and automated trading systems. There are ways of building your own black box system and also making available to other people and earn money from it.
Views: 9745 UKspreadbetting
Using the Ichimoku Indicator
 
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Using the Ichimoku Indicator http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Now we review one of the more complex indicators when it comes to technical analysis: the Ichimoku. This is a Japanese indicator - it looks complex but I will try to simplify it. The Ichimoku has a number of crosses and highlight areas in the market. But why would we use the Ichimoku indicator? The reason is that it can show us a number of things 1) it can show us bullish or bearish bias 2) it can act as an indicator for trends strength 3) it can also highlight potential support or resistance areas.
Views: 22284 UKspreadbetting
Calculating Bet Sizes: How much Money to Trade
 
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Interview with Simon Denham, Founder of London Capital Group. Visit us at http://www.financial-spread-betting.com/ Calculating bet sizes: how much money to bet When to go short and profit from falling prices. How many traders actually go short versus long? Common pitfalls that short sellers fall for. When there's fear in the market, there's money to be made. So what should you do if you're unfortunate enough to hold shares in a company that issues a profit warning? On any individual position I would never risk more than 10% of my margin account. If a company issues a profit warning, you have to look at the reason for the profit warning; if its a one-off event then Risk warning: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Views: 2682 UKspreadbetting
Elliott Wave #2: ABC Pattern Corrections: Zigzags, Flats and Triangles
 
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Elliott Wave #2: ABC Pattern Corrections: Zigzags, Flats and Triangles http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this video we look at the ABC correction which is part of the Elliot Wave theory. In the previous video we look at the 5-3 wave pattern. The ABC is just like the 503 wave pattern in that it consists of a series of waves which create recognisable patterns. With Elliot Wave Theory there are about 21 ABC patterns but there are 3 popular ones amongst patterns: ABC zig zags, ABC flat formations and ABC correction triangles. 1. Zigzags (5-3-5; includes three variations: single, double, triple) 2. Flats (3-3-5; includes three variations: regular, expanded, running) 3. Triangles (3-3-3-3-3; four types: ascending, descending, contracting, expanding) Zig zag patterns are steep moves in price that are opposed to the dominating trend. Such zig zag patterns can occur twice or three times in a correction. Flat formations are sideways corrective waves. In flat patterns the lengths of the waves are normally equal in length with wave B opposing wave A's move and wave C undoing wave B's move. Triangle formations are essentially corrective patterns that are linked by either converging or diverging trend lines. Triangles are made up of 5 waves that move against the dominating trend in a range trading formation.
Views: 31030 UKspreadbetting
Would you favour trading breakouts or pullbacks?
 
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Would you favour trading breakouts or pullbacks? http://www.financial-spread-betting.com/strategies/trading-breakouts.html David Morrison responds. PLEASE LIKE AND SHARE so we can bring you more! This comes back - is a market trending or ranging? I've tried trading breakouts and it didn't do me any good at all. Now that's maybe because I was doing it wrong. A breakout is obviously when a market is trading in a range for a while and it breaks out of this range. From my experience breakouts are rare, few and far between and getting the timing right is very difficult. I prefer trading the range or actually trading a trending market. Identifying a trending market can be difficult. Ideally, we want to capture a trending market in its start but its very difficult. And more often than not, its luck rather than pure judgement that gets you in early. Once a trend is established its more easy to identify and trade.
Views: 2785 UKspreadbetting
Zak Mir's Final Thoughts on Technical Analysis
 
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I think I've been on a mission to make technical analysis credible as an alternative way to look at the markets and I believe technical analysis is now mainstream and that's good. Now its about perfecting the actual signs themselves to focus on the things that work and make things less complicated. Most people play technical analysis wrongly because they say they are using technical analysis but in reality they are simply using gut instinct. Now you can find data anywhere and everything is accessible relatively easily.
Views: 4751 UKspreadbetting
Is it true that 80% or more of traders are losers?
 
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Why is it hard to do contrarian trades? Matt Mckenna comments. It is just human nature - one of the best quotes I ever heard 'the best times to get into the market is when blood is running in the streets'. And this is very difficult to do. It is very difficult to have the guts to decide a turning point for the market and its the same thing at the top. Is it true that 80% or more of traders are losers? Why is this? Why do you think that most traders lose money over time? If you are getting into trading for the wrong reasons and you don't know your own mind, without mastering your own fear and greed then you are going to lose. And that's basically it. Winners and losers - what do they do that's different? What kind of character traits make a good trader?
Views: 4220 UKspreadbetting
Overtrading and Overconfidence
 
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Overtrading and Overconfidence. http://www.financial-spread-betting.com/strategies/overstretching-overtrading.html Louise Cooper comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! Overconfidence is mainly a problem for man traders as plenty of research suggest. The problem with overconfidence is that it leads to overtrading and this leads to high costs which destroys your capital. Its the reason why tipsters tend not to trade their own monies. Trading profitably is not about taking more trades but rather taking the right trades at the right time.
Views: 3457 UKspreadbetting
Is there any scientific basis for Fibonacci Numbers?
 
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Is there any scientific basis for Fibonacci Numbers? Zak Mir, an experience technical analyst and commentator comments I've seen dozens of explanations of Fibonacci retracements, how to calculate them, and charts with examples. Plenty of automatic trading systems spam Google Finance with alerts for Fibonacci patterns. but, like, what ARE they? Why are these numbers important? What is the theoretical basis for using Fibonacci numbers in technical analysis (of stocks)? Is there any scientific basis? I think Fibonacci are important because markets do retrace and markets do tend to move around these ratios; these are natural ratios that exist all round us. There is a scientific basis for Fibonacci and it is to do with fractals and other geometric ratios but it doesn't really help you with trading per se' Its a retrospective indicator...
Views: 5437 UKspreadbetting
Dynamic Support and Resistance with Moving Averages
 
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Dynamic Support and Resistance with Moving Averages http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Sammy Morton explains dynamic support and resistance which is in a way putting the principles of support and resistance and moving averages together. On my screen I have two moving averages; a simple moving average 25 which is the blue moving average, and a simple moving average of 50 which is the green moving average. The way dynamic support and resistance works is that a moving average acts as a resistance or support area in the market so when price hits the moving average the dynamic support or resistance can push price the other way. So a moving average with a bullish bias would act as support for the price and a moving average with a bearish bias would act as resistance.
Views: 6179 UKspreadbetting
Why does Quantitative Easing raise the value of the stock market?
 
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Why does Quantitative Easing raise the value of the stock market? PLEASE LIKE AND SHARE so we can bring you more! Did the USA Economic Stimulus Work? The IMF and ECB - are they a good thing? Or will it end up in tears? If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! The international monetary funds normally makes predictions on growth although these aren't always accurate. Quantitative easing is a method for the Central Bank to put money into the market thru the banks. You can call it printing money because effectively that's what its doing; creating money from thin air. The money that the Bank of England creates goes to the banks and this is supposed to trickle down with the money feeding down to the rest. Banks lending money to businesses who employ people who tend spend the money and make the economy go round. But the banks are hanging on to the money and that money
Views: 1085 UKspreadbetting
Addiction, Gambling and Trading - Are Traders Evil?
 
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Addiction, Gambling and Trading - Are Trades Evil? Matt Mckenna comments. I would say that trading and gambling is the same thing - I've always been honest with myself; when I'm day trading I'm gambling. When I open a position I'm gambling. If you are an addictive personality, treat trading just like you would treat gambling i.e. with extreme caution. There is an adrenaline rush involved with trading. No I wouldn't agree that trader are evil
Views: 2904 UKspreadbetting
Short-Term/Day Traders versus Long-Term Traders
 
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Do short-term/day traders make more money than long-term traders? David Morrison comments. PLEASE LIKE AND SHARE so we can bring you more! What size accounts do the most profitable traders have? To say that short term traders make or lose more money or do better or worse than a long term trader but as a short-term trader you are probably range trading and dealing in significant size because your risk reward ratio is going to be tighter than for a long term trader. In other words you might be happy to have a risk:reward ratio of 1:1.5 so you make a 150 for every 100 you put on. A longer trader is looking to catch a trend. What size accounts do the most profitable traders have? Are high net individuals more serious in their trading?
Views: 4079 UKspreadbetting
Do you think that good poker players make good traders?
 
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Do you think that good poker players can be good traders? http://www.financial-spread-betting.com/Trading-chess-poker.html Louise Cooper comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! From my time at the BBC, I once sat at a studio with the world champion poker player; I believe she was Dutch and 18 and she just won her first title. She had been up all night straight. I have never met a woman more in control of her emotions - she was the calmest women I've ever met - cold and calm and deadly unemotional. Clearly, good poker players make excellent traders and managers of money
Views: 1956 UKspreadbetting
Would you agree that being a trader simply isn't glamourous?
 
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Would you agree that being a trader simply isn't glamourous? Louise Cooper comments. Oh I would say that financial markets are very exciting and can be terribly glamourous! In the places I've worked, it can be quite exciting and stressful when big events are happening. I disagree - in fact that's why so many people are attracted to the City; its not only the money but you are seeing the world events unfolding in front of your eyes and trying to make sense of it all. Trading is an intoxicating profession that at the same time improves your intelligence and damages your social skills. Would you agree?
Views: 2048 UKspreadbetting
Money Management and Minimizing Risk
 
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Money Management and Minimizing Risk. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! There are two steps to developing a strong money management foundation and minimizing risk and that is position sizing and diversification. One of the biggest conceptions when it comes to risk and trading is that people give leverage a bad name. People commonly say 'the higher the leverage, the higher the risk' and that leverage is bad and deadly but I personally disagree. I believe one of the biggest risks is having bad position sizing. If I were to have a CFD or spread betting account with a leverage of 1:10 and open a second account with a leverage of 1:50, with my second account all I would need would be to reduce my position size to trade with similar risk to the first account. As such it doesn't matter how much the leverage is, it is our position size that is the main factor in how much we are risking per trade. Risking from 0.5 to 2% per position/trade is responsible trading.
Views: 3332 UKspreadbetting
Stock Market Traders: Winners And Losers
 
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Winners and losers, what do they do that is different? http://www.financial-spread-betting.com/academy/expensive-trading-mistakes.html How do losers think? How do winners manage risk? PLEASE LIKE AND SHARE so we can bring you more! David Morrison responds. Winners take emotions out of trading, they plan their trades in the first instance and they have the discipline to sticks to stops. If you start doing that then you've lost the discipline and you are putting too much emotions and you will make life a lot harder for yourself. How do losers thing? I think the biggest thing that contributes to this is not the original bad trades, but trying to recover from that - you lose perspective and the discipline is lost. How do winners manage risk. Winners manage risk with a great deal of respect and again its about planning of a trade. Do winners tend to add to profitable trades? You have to differentiate a trader who is trading a trend or is in a range bound market. If I were in a trend I would be adding to that as the market goes up. What kind of skills and character traits make a good trader? Do short-term/day traders make more money than long-term traders? What size accounts do the most profitable traders have? Are high net individuals more serious in their trading? Do winners tend to add to winning positions? Do losers become winners and winners become losers over time? Have you noted any links?
Views: 1860 UKspreadbetting
What tools do you use to test a trading strategy?
 
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Do you use a blend of strategies or only one? Zak Mir, an experienced technical analyst comments. What tools do you use to test a trading strategy? I've spent many years testing strategies when backtesting software came out (tradestation) but unfortunately there's nothing that can immunize you against a series of losses. As such you can't do more than looking at a chart visually over the recent past and try see how predictable according to the way you operate
Views: 2679 UKspreadbetting