Here is the sixth part of our 7 part series titled "The 7 Deadly Financial Spread Betting Mistakes". Today we will discuss the sixth of the 7 financial spread betting mistakes that financial traders make:
Read more on 7 Deadly Financial Spread Betting Mistakes – Part 6…
Read More...Here is the second part of a 7 part article I have written titled "The 7 Deadly Financial Spread Betting Mistakes". Today we will discuss the second of the 7 financial spread betting mistakes that financial traders make:
Read more on 7 Deadly Financial Spread Betting Mistakes – Part 2…
Read More...This is the first part of a 7 part article I have written titled "The 7 Deadly Financial Spread Betting Mistakes". This 7 part series should be read in conjunction with my previously posted 7 Rules of Successful Financial Spread Betting
Read more on 7 Deadly Financial Spread Betting Mistakes – Part 1…
Read More...Phil Seaton’s 7 Rules of Successful Financial Spread Betting
Here is part 6 of my rules of successful financial spread betting
6. Ignore the news & fundamentals
Fundamental analysis is for the most part useless and very few traders can make money using this approach. Even if you could it would take you an inordinate amount of time studying reports, balance sheets, crop reports etc. This is not the way to trade. The same goes for following the news because usually the market has already discounted the news in the price. Many times you will hear very bullish news on a stock and then see it fall over the coming days.
It is also difficult to know what reports/news are actually true, and even if you know what is true how can you be sure that your interpretation of the news is correct? What about timing? Even if you have good reliable knowledge and a true interpretation of the news, how do you know when to act on it?
Read more on Financial Spread Betting Rules – Ignore The News & Fundamentals…
Read More...Phil Seaton’s 7 Rules of Successful Financial Spread Betting
Here is part 5 of my rules of successful financial spread betting
5. Always follow the trading system
If you want to be successful when trading the markets you must first have a trading system that works and you must have the discipline to always follow that system, come what may.
Read more on Financial Spread Betting Rules – Always Follow The Trading System…
Read More...Phil Seaton’s 7 Rules of Successful Financial Spread Betting
Here is part 4 of my rules of successful financial spread betting
4. Money management.
Money management is the continuation of the 2 previous rules. This rule regulates how much you are prepared to risk per trade when you open a trade. This means you know exactly how much you stand to lose should the worst happen and the trade go against you (although in some rare instances a market may gap through your stop forcing you to take a larger loss than you had planned for. Fortunately this does not happen very often, especially if you stick to trading highly liquid markets as I recommend.)
Read more on Financial Spread Betting Rules – Money Management…
Read More...Phil Seaton’s 7 Rules of Successful Financial Spread Betting
Here is part 2 of my rules of successful financial spread betting
2. Let Winners Run
When trading the markets, we never exit a trade at the top because there is no way of knowing where the top is in advance. You can only ever tell where the top was in a market after the event. Many times a trade will get so high and you will think it cannot go any higher only for it to continue on and on and on. Sometimes markets go on such long trends that it defies reason. A trend can go on for months or even years.
Read more on Financial Spread Betting Rules – Let Winning Trades Run…
Read More...Phil Seaton’s 7 Rules of Successful Financial Spread Betting
Over the next few weeks I will publish my 7 rules for successful financial spread betting. These trading rules are timeless and will always be valid in the markets, regardless of market conditions or the state of the economy. One of the great advantages of trend following is that you can make money in an up or a down market, either by buying long or going short.
Read more on Phil Seaton’s 7 Rules of Successful Financial Spread Betting…
Read More...Since posting the article on my blog about the bottom of the stock market a couple of days ago I have received numerous emails on the subject so I thought I would expand on it a bit and give some further thoughts.
Read more on Why Warren Buffett Was Wrong…
Read More...The questions that we at LS trader are asked most currently is where we think the stock markets are headed and where we think the bottom of the market is and what are the best spread betting strategies for today's markets. This is a very common question these days and it seems to be on everybody’s lips these days.
Read more on Spread Betting Strategies | The Bottom Of The Stock Markets…
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Phil Seaton’s Financial Spread Betting Systems
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