"There are no secrets", sorry to disappoint you, is the one and only answer I have to the almost daily questions I get asked on what are the secrets to trading success. The reality is that my trading success is simply down to having the right approach from the off....

Continued from Part 1

So what is the advantage in technical analysis?

As it is this human element that moves price, the nature of the market can to a certain extent be predicted, but only over the long term. Let me illustrate this point with a simple example....

What is technical analysis?

Technical analysis is a rather posh name for a very simple concept in trading. It is basically the study of charts on a computer to determine the best areas to invest in a tradable financial instrument, whether it be stocks (e.g. Google, Facebook or Apple), the...

Continued from Part 1

Risk small WIN BIG? Possible?

It is the final element that determines not if, but when a poker player is left empty handed with all his chips taken by the smarter players at the table and similarly, a trader looking at an empty trading...

Remember your first trip to a casino?

I do, and I remember my experience very well. It was in 2000, in a plush casino in Tunisia. The grandeur inside it would not go amiss amongst the palatial casinos of Las Vegas. The buzz being created from the different noises produced...

The Bet

"We're going to raise traders like they raise turtles in Singapore." That is what one of the world's famous commodities speculators, Richard Dennis, said to his good friend William Eckhardt, an equally successful trader. Back in 1983, a debate that had been brewing between the pair took a...

A way out of the rat race

With the current economical climate in the dire situation that it is in, people are increasingly looking into other avenues to generate an income. This may be to supplement a salary that one is earning which usually barely allows ends to meet, or...