Financial Trading

Why I like my charts naked

Why I like my charts naked

You might know I’m not a massive fan of technical indicators… (I’m talking about things like Stochastic Indicators, MACD, RSI and all those other exotic sounding tools.) If you’ve been following my stuff for a while you’ve probably noticed I lean more towards pure ‘Price Action’ when it comes to technical analysis. And that means […]...

5 reckless ways to ruin your trades

5 reckless ways to ruin your trades

Ever feel you’re not quite in control of your trading actions? Do greed and fear drive your decisions rather than a proven trading plan? Let me tell you exactly what signs to look for. And then I’ll tell you what to do about it. 5 ways reckless ways to ruin your trades 1) You trade […]...

The ‘Big Cat’ way to trade

The ‘Big Cat’ way to trade

You know, there’s a lot you can achieve by observing the natural world. And I’m not sure if I’ve been overdoing the BBC4 documentaries recently but it’s really been on my mind. I watched an engineering firm in Africa put a super-efficient ventilation system into a shopping centre. They based it on the natural structure […]...

How to beat FOMO

How to beat FOMO

A question arrives from Jin: “I have no problem identifying high probability trades and opening them. My problem is FOMO* on a big runner. So I end up getting stopped out at evens or a small loss after giving 20,30,40 points or so back. Even when I recognise I should bank this profit. Can you […]...

The problem with trader’s brains

The problem with trader’s brains

There are LOTS of new traders in the markets at the moment. It’s a knock-on effect of people working from home or being furloughed from their jobs. So I’ve been nosing around some online trading communities. I’ve been trying to get a feel for what people are trying to achieve at the moment. And also […]...

How to do ‘juicy worm’ trades without spending a penny

How to do ‘juicy worm’ trades without spending a penny

Her vicious eye stared me down. Ill-intent chilled my bones. She looked behind to check her friend was there to back her up and released her fury: “Cruuuuaaaaaaaaaaaaak!” Then, with a theatrical ruffle of her feathers, she went back to pecking the soil. We’ve got three new hens. And the old ones are NOT happy! […]...

The secret of trading ‘stutter swings’

The secret of trading ‘stutter swings’

In an ideal world the market moves nice and smooth. It sets off strong in one direction (up or down, we’re not fussy) and we wait for a pause. We look for a little pullback. And then we enter the trade. This is the Continuation signal we’ve been examining recently. It’s the ‘bread and butter’ […]...

Getting into the swing (Marc Rivalland-style)

Getting into the swing (Marc Rivalland-style)

Welcome to the Traders Nest book club! If you missed last week’s email we’re working through a batch of trading books I’ve been asked to review. We put the titles out to vote and Swing Trading by Marc Rivalland won by a nose. So this is the first one we’ll be examining. I’ve completed my […]...

Why markets get manipulated (and what to do about it)

Why markets get manipulated (and what to do about it)

An email arrives from a worried reader… He’d been watching an online trading video where it told him – shock! – that financial markets were being manipulated. That sometimes, when the price went up, it shouldn’t really be going up. And when the prices went down they shouldn’t really be going down. The video said […]...

How to get back into your groove after lockdown

How to get back into your groove after lockdown

Here’s what to do when coming back to trading after a break… The same principles apply whether it’s an extended weekend, or an enforced ‘trading vacation,’ like you may have had if you’ve been avoiding recent market volatility. The thing is that it’s only natural to feel a little bit off-kilter when you’ve been pulled […]...

Last night’s crude joke…

Last night’s crude joke…

I have never seen anything like it in my life… In fact, I don’t think anyone else can claim to have seen it either! Last night, as the May 2020 Crude Oil Futures contract approached expiry, the price went NEGATIVE for the first time ever. At tea time here in the UK the oil price […]...

Which one’s safest – Forex or Shares?

Which one’s safest – Forex or Shares?

It’s everywhere at the moment. Some traders play it safe and wait on the sidelines. Others are convinced choppy markets are where their treasure lies. So let’s play devil’s advocate… let’s say you’re about step out and seek your fortune in the financial markets, which will it be? Will it be stocks and shares; precious […]...

Medieval market manipulation

Medieval market manipulation

A while ago I watched a film about a crazy horse race in Italy… It was recorded in Italian with English subtitles but it had me hooked from start to finish (and since I speak barely a word of Italian beyond ciao this was quite something!). Twice a year, in Siena, they hold this extreme […]...

Weird scenes inside the goldmine

Weird scenes inside the goldmine

I’m not going to turn this week’s email into yet another “what to do in the face of Covid-19” missive. I’m sure your inbox is crammed full of that kind of stuff already. Mine certainly is! What I’m going to suggest instead is that you treat this remarkable period in history as an invaluable part […]...

What to do when chaos reigns

What to do when chaos reigns

I’m sure I don’t need to ask, but… Holy smokes! Did you see the market carnage on Monday? Crude Oil down 30% at one point… S&P Futures hitting the ‘circuit breaker’ and trading halted… interesting times indeed. Now when we look at events like this I’m going to ask you to think about the markets […]...

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