Advise on Trading
#1
Posted 18 February 2019 - 04:32 PM
#2
Posted 18 February 2019 - 03:41 PM
What leverage should new cfd equity traders use? None..1? Thanks
dont think u got a choice in this.. Depends on what your broker offers you...
some offer 10:90..ie u put 10 they put 90
some 25: 75 depending on how risky the instrument is..
imo the lower the better...ie 10:90
obviously interest involved for overnight holdings on longs...
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#3
Posted 18 February 2019 - 03:34 PM
#4
Posted 18 February 2019 - 03:12 PM
Hi P, would you recommend no or only up to 3 leverage on new cfd trader?
didn't get the question M.....
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#5
Posted 16 February 2019 - 01:09 PM
#6
Posted 16 February 2019 - 10:44 AM
and for our steinhoff gurus:
Numbers are fragile beings..
If you torture them long enough, they'll end up telling you whatever you want to see and hear!!!!!
These Gurus haven't seen through the illusion yet...
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#7
Posted 16 February 2019 - 10:39 AM
Edited by Polly, 16 February 2019 - 10:40 AM.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#8
Posted 05 February 2019 - 11:59 AM
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#9
Posted 04 February 2019 - 10:30 PM
Winning in the stock market can be a function of skill or sheer luck!!!!!
If skill , rinse wash and repeat....
If luck , take the money and run......
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#10
Posted 22 November 2018 - 02:16 PM
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#11
Posted 20 November 2018 - 12:40 PM
Don't let other's opinions shake you out of your trades. Learn to trust your system/ your process/ your edge /your opinions.
Always...........
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#12
Posted 20 November 2018 - 12:37 PM
When trading an index, never ever hedge a position. Hedging an index is the play of fools who do not know what they are doing. By taking a trade , you either get it right or wrong. Why hedge a wrong position? Wrong is wrong and your stop should help you limit your damage. Why hedge it with another opposite position as all you are doing is confirming you were wrong in the first place.
You never want to give the market the power to make you act like a cornered animal. Yet there are a few things that people do that virtually guarantee that they'll end up behaving this way.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#13
Posted 19 November 2018 - 08:59 PM
When trading an index, never ever hedge a position. Hedging an index is the play of fools who do not know what they are doing. By taking a trade , you either get it right or wrong. Why hedge a wrong position? Wrong is wrong and your stop should help you limit your damage. Why hedge it with another opposite position as all you are doing is confirming you were wrong in the first place.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#14
Posted 13 November 2018 - 10:53 PM
You do not have to wear a suit and tie or be college graduate or be a sales manager or believe in the stars or astrology or be a big boy or be an IT specialist or be a con artist or be a narcissist or be an artist or be a faker or use scientific calculations to make money in Trading.
All you need is some capital , a good model computer , a fast adsl line , a good tried and tested developed system that has an edge and protects your capital at all costs, a good broker and finally a control of your emotions to make good money as a trader.. SIMPLE..
Today it never has been easier to trade..Mere click of a button in the comfort of your home or office.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#15
Posted 10 November 2018 - 12:16 PM
Remember Trading is a high-performance activity and professional trading requires their full attention. Traders are 100% focused on their charts and price action.
hence when i say
Short @ 48400 on the TOP 40 thread..
1. I dont expect follow traders in the forum to follow the signal.
2. I have not got the time to explain the reason why i went short as i am a full time trader busy screen watching.
3. Some stated why do i use a thread as a diary. This merely shows what little they know about trading and their immature behavior towards me helping follow traders .
4. Newbie traders should go to there charts and look for reasons why i went long or short near that price. Its could be a resistance level , a support level, a double top, a double bottom, a head and shoulders break, an inverted head and shoulders break , a divergence signal, a money flow indicator signal, a volume signal, a lower high break, a break of uptrend line etc etc. How else will newbies learn?
5. And then some one else posts why do i not i post my system..
a. i get personal attacks from simple systems already posted. All in black and white
b. Im here to help and not to spoon feed.
c. the trades posted on TOP 40 is a guide to newbies that when you develop a system have confidence in your system. Work on it, improve it and try to have an edge over the market.
So newbies look at your charts and question yourself why did he enter this trade at this level. No trader is ever right but its a learning process for newbies to follow. EG if i took a short at 48000 , and price rallied to 48200 , does mean i got it wrong .But it actually means i followed my system which i have confidence in. 48000 could have been an important resistance level but markets broke through it. So system said short but Mr Market though otherwise. So same system has to have stop losses built in to control those losses. And i also post my stop losses in case.. End of day i followed my system and no system is 100% perfect.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#16
Posted 10 November 2018 - 11:45 AM
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#17
Posted 10 November 2018 - 11:12 AM
As a trader you must have a risk reward ratio predetermined before you pull the trigger
What is the r/r ratio
basically in simple terms, if i invest R1.00 , how much i am prepared to win and how much am i prepared to lose.
EG 1:1
for every R1.00 i invest , im prepared to make R1.00 or lose R1.00
1:4
prepared to make R4.00 or lose R1.00
This is how you set your targets and stop loss
By working out your risk reward in such a way, all you need is a overall 60% hit rate on your system ie 6 out of 10 winning trades and overall you will make money and be on your way to a successful trader.
Note : no system will ever ever give you a 100% win rate be it the best system you can buy or develop on your own...Therefore your system must be able to give you the edge hand in hand with your r/r ratio for it to be a winner.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#18
Posted 05 November 2018 - 11:24 AM
Admin needs to clean all these guys out!!
A
Wow touched a raw nerve there...!
I remember you could stand up for yourself once over.
I'll oblige & read from the sidelines until such as I feel.
Over & out with you muppets...
Anyone need a heads up...!
#19
Posted 05 November 2018 - 11:10 AM
OH For F#ck's sake get a room ALREADY......
The only diff between last time & now this recruitment drive is you targeted the seasoned ALSI guys...
Now it's all & sundry....!
Admin needs to clean all these guys out!!
A
"Never never never give up!"
#20
Posted 05 November 2018 - 11:07 AM
OH For F#ck's sake get a room ALREADY......
The only diff between last time & now this recruitment drive is you targeted the seasoned ALSI guys...
Now it's all & sundry....!
Anyone need a heads up...!