Double stop and reverse technique

Although stop losses are sometimes extremely frustrating they are a necessity in trading and prevent traders from suffering large losses. The biggest and most common mistake which prevents traders from succeeding at this business is allowing a loss to run; … Read More

Expiry Trade Case Study

How do you double your money every 3 years with a simple investment strategy? With UK banks giving you at best 2% savings rates and UK inflation set at 3% you are losing your money putting it in the bank. … Read More

Hindsight

Hindsight I must confess that I used to suffer from the frustrations of my perfect 20/20 vision of past trades.  It seems that so times in my trading career as I continue to perfect my craft that I would exit a … Read More

Less Is More In Trading Unlike Conventional Jobs

Compulsion…   Let’s start this discussion with the definition of a compulsion; An irresistible urge to behave in a certain way, especially against one’s conscious wishes. Most of us have spent our adult lives either working for ourselves or for … Read More

Surviving Day Trading

10 insights from Magnetic Trading on how to profit and make a living out of day trading.   PREPARATION IS KEY Do all your preparation before the market opens and avoid unplanned trades. They will not lead to success in … Read More

Trading with the big funds

Trading with the big funds Firstly what is the MA 200? The 200 day moving average is an indicator which institutional traders, as well as retail traders, use to establish whether the trend is UP or DOWN. The most common … Read More