I’ve Moved to My New Home – As A Result of My Trading!

No, I haven’t been able to buy myself a villa off the coast of St. Tropez yet, but I have managed to pull together a new home for all of my trading adventures. Please visit my new trading blog over at the Pit Village Trader where I will continue on in the spirit of this blog, just with a more scalable identity (I can’t play the ‘new dad’ card forever, can I?!)

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Categories: Spread Betting

The Only Good Thing About Losing All Your Capital In Your First 6 Weeks Trading Is…

September 17, 2012 2 comments

…the knowledge that things can’t really get any worse for you, can they? If this statement were actually true, there’d be a heck of a lot more people like you and me trading for a living. The reality for a trader seems to be that no matter how bad things are; they can always get worse.

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Painful and Demanding Practice Will Make Me a Great Trader

September 7, 2012 8 comments

Wow, what can I say, after redefining my trading strategy at the end of August and making solemn promises to myself to stick to it, I’ve managed to ignore everything I promised myself I’d do and almost blow up my £500 account. Painful? Check.

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Categories: Spread Betting

100 Trades Into My Spreadbetting Career – How Am I Doing?

I’ve had a couple of bad days lately and have managed to dwindle my account balance even further. At this juncture, it makes absolute perfect sense to take a look back over my August trades (99 completed and 3 open) to see what went wrong. How many did I win, how many did I lose?

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Categories: Spread Betting

In Up To My Knees

Have you ever felt like you were doing well with your trades? Well enough to potentially max yourself out? Did it work out for you? My guess is that it probably didn’t. Despite being aware of this in the back of my head, I’ve gone and fallen into the same trap that many of you will have already experienced in the past.

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When to Close Trades for Profit

Have you ever found yourself second guessing when you should close your positions? I had this very same dilemma today with a position I opened yesterday and although I fretted like a girl about it in the beginning, I’ve found a good strategy to help me choose when to close.

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Categories: Spread Betting

My First Trade with My New System: W.H Smith

I’m sure you’ve had days like these. I’ve lost almost £500 in the last two days and I’m back to my original account deposit of £500. I’ve refined my trading rules and this afternoon I made my first trade in accordance with them. Did I make a good trade by opening a position on W.H Smith?

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Categories: Spread Betting Tags: ,