mistakes

New Year, New Profits

Welcome everyone to 2015. A year that I am very excited about. This year I hope to provide more focus to the website and the service it is now providing to almost 200 members. I plan to work hard this year to help as many people as possible adopt a consistently profitable trading system, but [...]

Hey everyone. So as promised here's the first installment of videos looking at some of my bad trades this year. A great opportunity to reflect on poor decision making and ways not to do things in the future. A good habit to get into, something I don't do enough myself but plan to going forward. [...]

I don't tend to check my trades everyday. As Ive said in the past, I look at longer term trends. Think daily charts, using 50, 100 and 200 day moving averages. This means that on days like today where the market has tanked a lot of my open positions have suffered, as has my overall [...]

Its a difficult time in the market at the moment. One minute your making easy gains every day, watching your balance rise, the next day you've lost everything you've just raked in and are left with less than you started. This year has started well, my bank is growing and i'm up just under 10% [...]

It's been a positive start to my third year now and i'm starting to look at adding to my investment into Spreadbetting now after two successfully profitable years behind me. I'm hoping to have a more clinical year in 2014. In 2012 my trading plan was riddled with mistakes, failing to keep emotions out of [...]

    In 2012 I finished the year with a 2.7% return on my investment. About as much as you might get from a bank savings account if your lucky. On the face of things it wasn't really a success because I at one point saw highs of 40% return around the end of summer [...]

18 months into my trading and I've heard all about the importance of having a trading strategy, keeping to the rules and not trading off emotion etc. This is all well and good, but I often think you have to experience the bad to appreciate the good and recently I have been experiencing some bad [...]

By Chris Chillingworth Ever since I started Spreadbetting in 2011 i've had a number of questions about strategies, psychology and risk. The majority I found the answer to by asking mentors, reading trading books, interacting with other traders or simply out of making my own mistakes and learning from them. Despite this, once question still [...]

New Equity Highs

New Equity Highs By Chris Chillingworth After yesterdays post where I saw my worst ever drawdown of 7% I can happily report that today my account saw new equity highs as it rose from £2218 to £2447, beating my previous equity high of £2404 only 5 days ago. How fast things can change when your [...]

If there’s one thing i’ve learnt more than anything in my short career trading the financial markets it’s that my mind is my own worst enemy. A few weeks ago I sat down and looked at my trade history since June. It’s a pleasant picture at the moment, up in profit and looking at a [...]