After 5 years Spreadbetting and Trading the financial markets profitably I’ve come to believe one key thing. It’s not the entry and exit rules that will make you profitable in this game. It’s the WAY you trade. It’s HOW you do it.
Think about it for a second. There are hundreds of profitable systems out there which on paper all make money. Moving average crossovers, breakout systems, trend following, end of day, daytrading, swingtrading, value trading, arbitrage trading. The list goes on, and many people make great money trading these systems……but most DON’T.
Why is it that they say 80% of people trading the markets lose money then?
I’ll tell you. It’s because of the WAY they trade. Their psychology and emotions get in the way. If you’ve tried Spreadbetting or Trading before you’ll know i’m talking the truth here. It’s hard to stick to a system because whilst most systems work in the long run, they don’t work everyday. And it’s those days where they don’t work that people really struggle to cope.
That’s where I come in. I can help you learn how to develop a winning mindset when it comes to trading. Through this website, my spreadbetting videos and my email list I’ll not only show you what you should be doing to improve your trading, but i’ll show you what NOT to do. And if you adopt and apply what I show you, you’ll transform your trading results. I know it.
The thing is, it’s not your fault! You see, Spreadbetting is so easy to get into in today’s internet age. Yet there are very few sources on how you should be trading. And the few sources that do claim to show you how to trade are selling you what you want to hear. They are telling you that all you need is a good entry into the market. Everyone is focused on when to buy. If it were that simple we’d all be rich. The truth is it’s not that simple. A lot of your success will come from developing mental discipline. Your entry and exits in and out of the market are only 20% of a good strategy. This is why so many traders bounce around tying this system and that system. They work for a while and then they start losing and you move to something new, right? How many times have you done that? It’s time to stop moving around and being a sheep.
My name is Chris Chillingworth and in 2011 I started up this website www.spreadbetbeginner.co.uk
Initially, like most blogs, it was setup to document and diary my journey into trading the markets. I posted all my results and posted tips on the things I realised over time that were helping me trade better. I have spent the last 5 years learning how to trade from great traders of old and traders of the modern day. In my quest for information I’ve gone to the top. People like Jesse Livermore, Nicholas Darvas, the Turtle Traders and Richard Dennis, Van K Tharp and many many more. All highly successful traders from the past 100 years who’ve shared how they made their money through books, courses, seminars etc.
I’ve spent most of my rat-race career teaching and coaching people about subjects I never enjoyed. Today, I get to teach and coach hundreds of members about something that I love and that fascinates me. Hit me up around the dinner table and i’ll talk stocks and trading all night long. Trust me on that one.
I’m the “keep it simple” guy. It’s the way I’ve always approached things in my life. Why over-complicate things? The simplest ways are often the best in life, and I like to take the same approach with my trading. Most of the email I get from my clients are “wow, you’re the first person i’ve come across that explains it in a way I understand”. In my opinion trading and spreadbetting doesn’t need to be complicated. People out there try to make it seem complicated. It looks cooler that way. But you don’t need to subscribe to that. I don’t.
I made 34.8% return in 2013 and a 35.1% return in 2014 and in 2013 I appeared a number of times in Spreadbet Magazine. I’ve also written a number of guest posts on various trading blogs and articles across the internet. I’ve still got a way to go in my trading. I’m by no means the perfect trader. Heck, many of my members are outperforming me, and I taught many of them them how to trade! However, I do know what you need to do to be successful. And I can show/teach anyone how to do this. It’s then up to them to go out and apply it. The market is so vast, with so many opportunities however, that a stock you choose to trade may be completely different to the stock I trade, which is why our results will differ. You might well outperform me. It’s not unlikely.
I do not offer a trade picking service. Why? Because you shouldn’t be that lazy! There’s a fundamental flaw with a lot of these trade picker or “follow me” trading sites that I don’t really like. What happens when your guru stops sharing their tips? What happens if they start getting it wrong? You’re left in no mans land. With no idea where to go or what to do. That to me doesn’t sound like a sustainable way to trade the markets. For me, i’d rather teach my members HOW to trade so they don’t need to rely on a guru or trade picks. They can go out there and make their own picks and learn a skill for life.