I have an account at 4 different spread betting brokers now. IG was the first account I got but after the rapid depletion of my funds I went looking for a broker with tighter spreads. Having read a bit about the tight spreads at Pepperstone I got an account there and also an account at… Continue reading Spread Betting Brokers

Oh my goodness, FOMO (fear of missing out) is actually a thing! It was all about the FTSE100, reaching new heights ever, I had a glance at the charts and it was racing up, see the big green candle below. I wanted some of that, it was a little past 08:00, the markets had just… Continue reading A Taste of FOMO

I’ve started listening to the videos that IG put out during the day. They go through the charts and instruments and give hints and advice (well, they say it’s not advice to cover themselves). On Tuesday they suggested Brent Oil would trend downwards if it got down past a certain level. So I waited a… Continue reading Slow, Slow, and Stop

I’ve been reading/listening up on order blocks, sounds good I thought. So when the opportunity to try one out came I gave it a go. It was a buy order block as seen above, I had drawn it in a higher time frame than shown here. I duly waited for the price to come back… Continue reading Failed Order Block Trade

It’s 22:41 on the 1st February and I’m feeling a bit deflated. The trading started so well then went rather pear shaped. I currently have a commodity trade running overnight, it’s at -£18 or so, hopefully it will head in the right direction. I shall finish this blog post off tomorrow. So tomorrow is here.… Continue reading Live Trading!

I’ll be depositing a (very) few hundred pounds into my live account over the next few days in order to make a trade on this commodity. It’s been on a downwards trend for quite a while, since November, so I’m late to the party but hopefully it still has at least some days to run.… Continue reading I’m Planning a Live Trade

Ouch, 4 losses to start with, a very brief respite of low value wins and then this. The trading gods really weren’t with me today (not that yesterday was much better). I’ve noticed that most of the bad losses go far longer than 10 minutes so I think I’ll start killing my trades after about… Continue reading What a Bruising Day!

But how could anyone anticipate that? You’d have been taken out even if you’d put a stop loss at any of those previous lows. But if you’d been silly and left it further down (after all the trend seemed pretty well contained in that channel) you’d have found yourself in an awful situation! That was… Continue reading Why You Need a Stop Loss

I applied for a live trading account late on Sunday night. The application went smoothly but it said I had to sit a quiz to show my knowledge level. I couldn’t be bothered to do the quiz at the time but sat it next day. There were 10 reasonably easy questions which I got all… Continue reading Live Trading Account