Financial Spread Betting means to put a ‘bet’ on a financial tool increasing or decreasing. Spread betting is becoming progressively more accepted with investors and traders. The process of opening a position is to place a spread bet. The distinction is that opening a spread bet position means that you trade or invest in any [...]
Author Archives: TradingMentor
History of the Forex Markets
June 24, 2009 – 11:37 pm
The foreign exchange, FX or forex market first arose in ancient Mesopotamian times. Royal palaces and temples were used to store harvested commodities which in turn created the need for revenue. This revenue was used for transfers to those who made the deposits and to third parties. The very same banking and receipt business were [...]
A Day in the Life of a Trader
June 24, 2009 – 10:55 pm
Trading shares/stocks/options or spread bet, depends on your experience and available time. If you are trading in The States, then market data have to be downloaded the next day as the markets only close at 9.00 pm UK time and update overnight. For the UK, look at the FTSE100 index (250 and 350), for the [...]
8 Types of Penny Stocks to Avoid
June 24, 2009 – 10:03 pm
There are many fine penny stock investments existing, which could turn a small amount of investment into a small fortune very quickly. The Phone Salesman – Anyone who is trying to sell you investments over the phone should be considered an enemy. They have high-pressure sales tactics, and effectual, believable arguments. There has never been [...]
Destructive Patterns in Trading
June 24, 2009 – 9:17 pm
Before we get into the topic of destructive trading, allow me to explain how psychologists assess whether or not a person has a problem with alcohol consumption. Here are ten questions that a professional might ask in order to assess any kind of substance use disorder, including alcohol abuse: 1) Have you found that your [...]
The Guppy Multiple Moving Average (GMMA)
June 24, 2009 – 8:35 pm
The Guppy Multiple Moving Average (GMMA) is an indicator that tracks the inferred activity of the two major groups in the market. These are investors and traders. Traders are always probing for a change in the trend. In a downtrend they will take a trade in anticipation of a new up trend developing. If it [...]
Trading and Ego
June 24, 2009 – 7:16 pm
It’s a short odds bet that the loudest yell for foremost man / woman will arrive from the ego. Brushing aside sagacity and requests for enclosure alike, the ego will articulate his / her pre-eminence and seize control. Statistics that habitually substantiate that only 10-20% of traders are reliable net winners are music to the ego’s [...]
Trading for a Living
June 24, 2009 – 6:42 pm
Prior to you even think about trading for a living you have to know how much money you need to live on, that is, how much cash do you need to produce every month in order to survive. As a fiscally minded person you already have good home accounts, or are at the very least [...]
Surge in Life Insurance Buying Sparked by Financial Crisis
June 24, 2009 – 6:03 pm
Financial crisis is probably one of the obvious impact makers on our life these recent years. We know that it has been affected us in all sort of ways that we could imagine and it is not getting any better. With it a lot has been affected, if you look at it in with a keen eye, we can see that from food, shelter, gas and clothing, financial crisis can affect it with big points
How to Take a Loss
June 24, 2009 – 5:01 pm
There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don’t see often, however, are books or articles written on how to lose money. “Cut your losers and let your winners run” is commonsensical [...]
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