Financial Trading

William Gann’s ‘supernatural’ school of trading

William Gann’s ‘supernatural’ school of trading

In 1909 a magazine called the Ticker and Investment Digest interviewed a mysterious investor named W.D. Gann. Gann had already achieved infamy and to get to the bottom of his methods, they decided to audit his trades in real-time over the space of a month. He made 286 trades. 264 were profitable and 22 were […]...

Burning knees take me back

Burning knees take me back

I first set off trying to find my own way through the trading jungle, just like you probably have. I bought the books, followed the ‘gurus’, set about looking for the Holy Grail – you know, the ‘one system that rules them all’! But it was only when I stepped back and took a good […]...

How to spot a big reversal

How to spot a big reversal

What I’m going to talk about today is one of the first bits of technical analysis I ever used. I think I got the bones of it from one of Alexander Elder’s books but I’ve mixed in my own candlestick patterns. I’ve got an old hard drive at home with screenshots of my very first […]...

What to do with open trades over the weekend

What to do with open trades over the weekend

Two days is a long time in trading. And when brokers close up for the weekend from late Friday evening, it can leave your trades open to sudden and wild swings in trading sentiment. It can make for a bit of a restless weekend! This was the exact situation a reader found himself in recently… […]...

Try this quick and easy daytrading signal (full details enclosed)

Try this quick and easy daytrading signal (full details enclosed)

I’m going to share a quick and easy trading technique with you today. And like I suggested, this particular set-up uses solid long term trading levels that can be identified in advance. It’ll give you a ‘floor’ or ‘ceiling’ price level from which to take your quick day trades. This kind of stuff is timeless […]...

Stop the press! May calls a snap election

Stop the press! May calls a snap election

**BREAKING NEWS….A quick briefing on the General Election vote PM Theresa May has called for a Commons vote on a General Election to be held on 8th June. There will be a vote tomorrow (19th April) to decide. GBP markets have already reacted with strong ‘whipsaw’ price action at the time of writing, and there’s […]...

Record keeping that improves your trading

Record keeping that improves your trading

If you capture a record of all your trading activities faithfully and with complete honesty it will become THE most valuable trading tool you have in your possession. Here’s why: It will let you clearly see your strengths and weaknesses at a glance. Once you’ve built up a reasonable bank of trading data you can […]...

Extra exits for extra profits

Extra exits for extra profits

Let me tell you about ‘scaled exits’. Now let me be clear, scaled exits are nothing new. It’s not some cutting edge technique I’ve just invented. You’ll read about the old masters of trading scaling out of their trades, they were doing it a hundred years ago or more. And scaling has always been a […]...

5 first-steps for brand new traders

5 first-steps for brand new traders

If you’ve been trading for a while you’ll know it’s possible to trade comfortably from home around a day-job… And, if I have been doing my job properly, you’ll know my material — both on the Trader’s Nest website, and inside my members-only products — is very much geared towards simple and clear explanations of […]...

The truth about trading and gambling

The truth about trading and gambling

  So, you’re headed to the casino and your plan is to make a stack of £5k at the roulette table. In fact, this is how you plan to support yourself on a permanent basis from now on. What do you think your chances of gambling your way to £5k actually are? It’s possible I […]...

5 mistakes that kill good trades

5 mistakes that kill good trades

I remember it very well. Autumn 2006. It was a Friday. Rumours were circulating of big stop orders on the current T-Bond market price and the big players were going to go after them. All I had to do was jump in and get involved too. The information was solid, they DID go after those […]...

Chart Patterns V’s Number crunching – which analysis is best?

Chart Patterns V’s Number crunching – which analysis is best?

Let me show you how to make economic data work for you… Even if the thought of all those dull statistics makes you feel like nodding off to sleep! First things first, would you agree that to make money as a trader you must have an opinion, that you need to commit one way or the […]...

Two “Power-Habits” That Every Trader Needs

So last week we looked at the 7 ‘meta-habits’ I believe are essential for effective trading. They were: 1) Respecting that the market is never wrong 2) Trading for consistency instead of accuracy 3) Keeping your expectations realistic 4) Sticking at it! 5) Knowing when not to trade 6) Always position-sizing your trades 7) Taking […]...

A complete ‘operating system’ for effective trading

Let me remind you of the 7 Habits of Highly Incompetent Traders, we first looked at them last week: 7 Habits of Highly Incompetent Traders 1) They don’t respect the market 2) They trade for accuracy instead of consistency 3) They have unrealistic expectations 4) They give up too soon 5) They overtrade 6) They […]...

7 habits of highly incompetent traders

So, over the next few weeks we’re going to be looking at effective habits for traders. Any long term result in life – including successful trading – will almost certainly come from a build-up of the many small steps and actions you take along the way. But I believe a common mistake many people make […]...

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