Almost all professional traders I know supplement their income using a spread betting account! Spread betting is the form of trading which most closely resembles professional trading and which enables ordinary private individuals to replicate real world trading in their own homes. [Read more…]
When trading, I would say that planning (along with the psychology of trading) is pretty much one of the most important elements in the whole mix. You don’t just rock up and trade! Going in blind will only lead to failure and poor results. You need to build an effective trading plan that you can execute consistently. [Read more…]
What Does Psychology Have To Do With Trading?
From my experience on the World’s trading floors I believe psychology to be the single most important concept to get your head around – so to speak!! So what does psychology have to do with trading? Let’s see how psychology can help you to become a successful trader. [Read more…]
What type of trader are you?
Assessing what type of trader you will be and your trading style, is an important element of your trading plan, and can determine (along with a host of other variables) whether you will succeed or fail. In this blog, I will look at some of the issues you will need to consider in order to determine which type of trader you are, such as: [Read more…]
When you first move towards getting started trading, it can certainly seem like a daunting experience! You’ve decided you want to be in control of your own financial future but are not quite sure exactly how you go about doing that. [Read more…]