Entries by RAdmin

Going along OK

My most recent trades seem to be doing OK, I am still not sure on gold as there has been massive swings???  so I’m glad I have kept out of that.  Keep an eye on the Indices coming up to the festive period  as apparently you can make long-term profits trading just those sort of […]

A valuable tip.

Moving averages are an invaluable tool trading the markets but especially so using the Vince Stanzione system, a great piece of advice from Mr. Stanzione is to run a lot longer moving average in the background to give you a good general direction of which way the market is moving.  As you can see from […]

Other trades.

I was stopped out of my gold trade after a drastic swing in price see graph.  Vince Stanzione recommends using guaranteed stops when you start and that’s obviously good advice as it saves you money and also takes any emotion out of making a loss. I have taken a couple of other positions. Buy Wal […]

Recommended reading.

Vince Stanzione seems to be an avid reader and learner and has indeed recommended some excellent reading, one I have found really interesting although it is coming to the end of the year is Stock Trader’s Almanac, it’s not exactly a book that has loads of chapters as I suppose you can gather from the […]

Corrections

Gold has just generated another buy signal so I have reversed my position [Gold buy 1390] as it looks like it was just price correction and I think I should be in for some good profits on this next move? I am already over 20 points in profit following the system over the last few […]

Vince Stanzione autopilot

It’s been a really hectic week for me so apologies for the late update; I haven’t stopped with one thing or another. I have managed to keep an eye on my trades obviously but to be honest they do run on autopilot. Once you have entered and set your stop loss you can relax really. […]

Gold crazy.

I have been so obsessed with my gold trade that I have not been keeping an eye on my other positions.  If I had I’d have saved myself some losses and reversed positions instead of wondering why I had been stopped out. As you can see on Home Retail Group I should have reversed my […]

Expert trader

It occurred to me the other day that it really is not necessary to trade loads of different shares or commodities to make a profit, you can quite easily trade a handful and be very successful and more or less become an expert on those particular shares/commodities.  For example I am trading Gold and Tesco […]

Chasing losses.

I often read many an article about stories of doom from chasing losses.  It certainly is the worst strategy I’ve ever heard of.  I thought initially it only happened in sports trading?  But it appears financial trading is rife with it also.  Luckily I learnt my lesson through my partner that lost all his bank […]

Long term verses short term trading.

I often analyse and wonder if it’s possible to make a sort of daily income trading the markets?  Obviously if I was taking out a day trade and it went in my favour or against me I can win or lose money but looking over the charts in share scope it’s so much easier to […]