Trading from Your Mobile – 3 Reasons it can Suck

I have just returned from a well-deserved break. Only 4 nights, but OMG that sun felt good.

The Journey was smooth, transfers even smoother and the chance to rest amazing.

As you know, this year has been different for me and also far different for my partner, as we have worked hard on creating my trading systems.

Now that the system has launched, there is support that needs to be offered on a regular basis. This is obviously a fact of trying to teach anyone anything… you need to help when it’s needed.

Fortunately, smartphones and mobile internet make running a business on the go totally possible.

Although running a business, offering email support and genuinely keeping tabs on everything is one thing… but can you really trade effectively from your mobile phone?

Well, being as I did exactly that whilst away I have to say yes. My subscribers want to make money and trade… and I was able to do all the required analysis on my iPhone, relatively easily and profitably.

As I’m used to trading and using my own system, this no doubt aids the overall process. However, if you’re a newbie, then I truly believe that learning to trade on a smart phone can have more negative outcomes than positive.

Here’s why.

3 Reasons Trading from Your Mobile can Suck.

One of the big downfalls from trading on your mobile is that you just can’t see the bigger picture.

Trying to analyse a chart on what is essentially a 6 inch monitor is ridiculously hard to do. Yes… you can see the chart alright, but it is very difficult to gain any true feeling about the price from such a small view.

If you know a chart like the back of your hand and are used to looking at it day in day out on a larger laptop screen or PC monitor then it is easier to get your head around.

But for anyone just starting out, laying their trading foundations by learning charting from a smartphone is going to be a struggle at some stage and most certainly cause errors.

You might be able to check your longer term trades easily enough on a smart phone [I do] but deciding on opening new, shorter term or in all honest any new trade could well be flawed.

I just don’t see how you can get a true insight in the overall picture of the chart on a miniature screen.

I may be wrong on this…. but analysing a chart on a smart phone is a big NO for me.

Trading from your Mobile

Where is the price going?


Resolution and view is another big concern I have with smart phone trading.

Turning your phone one way and then another [landscape, portrait] changes the view of the chart totally.

So getting used to the look of your chart can change instantly.

The most irritating thing about this is that you have to do it at some stage in order to see the overall picture that the chart is presenting you with. Plus you have to do this in order to read some data quickly if need be.

Charts on Smart Phones

To me, a chart looks so more urgent in portrait mode. This means that you then need to look at landscape mode to reconfirm the same thing that you have seen in portrait mode… this is a mega issue.

I find that portrait mode makes things look like you need to take action NOW rather than telling you what you really need to be doing… which most of the time is nothing.

These charts are of the USD/JPY. They are both exactly the same. But the portrait few seems to offer a trading opportunity. The chart looks so urgent and liquid to me.


Mobile trading Trading on smart phones



Smartphone Habits

How many times or how many hours a day do you really waste playing around with your phone? Finding something to do other than what you should really be doing?

Over trading… the scourge of all traders…. This is hard to master for anyone.

But nowadays you have a smart phone…are traders more tempted to keep checking their positions? You bet they are. Talk about dangling the carrot.

As the saying goes, and one I have mentioned many times before, ‘the money is in the waiting’

But for those idle hands, the temptation to keep checking your open trade is a disaster waiting to happen.

The constant trading opportunities that present themselves when trading from your mobile are practically endless. Even though there really aren’t any that you need to consider, you’ll find them.

Plus watching your trading go in and out of the money can be an emotional rollercoaster for many.

Betting Companies Love Smart Phone Traders

Any sports bookmaker or spread betting firm must be doing back flips since the invention of the smart phone. Although there has been a sustained effort to get companies in the UK to tidy up their operations, is that enough to stop a gambler gambling? I doubt it.

For the FCA to really save people from losing their money they need to ban any form of punting on smart phones… and that ain’t going to happen folks.

In conclusion

Overall, trading from a smart phone can be a useful tool, but only for the few that have cast iron discipline and are probably not day traders.

If all you’re doing is logging to your trading account and placing a trade, then the smart phone is awesome. Just make sure you can walk away and forget about it once you have done so.

Most should steer well clear, trading on your mobile isn’t that easy. Learning to trade on a PC or laptop is far better.

Trading using support and resistance lines

As I have already mentioned, there are a numerous, even hundreds of ways to trade the markets, I thought it an idea to highlight that there are few simpler and as effective as trading support and resistance breakouts.

Again the one thing you need for this strategy is discipline, and that comes in the form of waiting for the breakouts.

Apart from that this trading using support and resistance lines is ultra-easy to do and mega effective.

Trading using support and resistance lines

Looking at this chart of the USD/JPY you can see that the price opened up on again Sunday evening from its Friday evening close.

Trading using support and resistance lines

The price then moved down quite strongly over Monday 24th after opening… giving us our first resistance level at 11062.3.

From there, the price met support on Tuesday at 10958.7 giving us our first support level.

As the price headed back up to our first resistance level, the candle at 12 noon breaks through this resistance level and as you can see moves higher.

The candle immediately after the breakout candle can give us a good entry point using our 4 hour charts.

You can then place a trade on binary for a set number of hours or if spread betting, open the trade and place a stop loss at the previous resistance line point 11062.3. that has now become our support line.

The price then retracts and moves sideways before resuming its upward climb to the next resistance level at 11229.8.

From this new resistance level we are either expecting a nice strong breakout or a good rebound/swing back down.

Why? Because if we look back at our chart we can get a far clearer idea of where we think the price may go.

Trading using support and resistance lines

As you can now see, the picture is clear.

The price has already rebounded from the same resistance level on 31/03/17 and continued to move down until 17th April where support was met.

Then the price has moved steadily back towards the resistance level that was formed on March 31st.

This simple trade has made around 800 points overall in a month… 400 down and 400 back up if you were spread betting [depending where you entered].

Where do you think the price will go from here? If I was trading this currency pair I’d wait for a breakout candle above the current resistance level around the 11230 mark. I could then place a binary trade for a set number of hours, or I could even use days. If it rebounded we could still trade the swing back down.

Spread Bet or Binary?

I have rarely ever spread bet currencies. I am far more content spread betting stocks or indices… That stems from trading with Vince Stanzione I think.

I do like trading the currency markets on binary though.

Anyway, have a look at some charts and practice drawing in some support and resistance levels. From there try trading the breakouts. You can use a demo account on IG or to monitor your results.

Drawing support and resistance lines

Don’t over complicate drawing support and resistance lines. All you need to do is ask yourself this… has there been a significant change in the direction of price where I’m about to draw my support and resistance lines?

If yes, then draw your line. It is that simple.

You can also draw support and resistance lines diagonally. This can also help to identify trend directions and create trend channels that can be used for swing trading as well as clarifying entry and exit points.

drawing support and resistance lines

Binary Alert Service Trading Results Update

Trading Results Update

Another month has already passed since the last results update from my binary alert service.

Trading Results Update

This last month on my binary alerts service we had a total of 19 trades.

Of those 19 trades 7 were losers.

This means we had a strike rate of 63.1%

Our new balance as of today is £496.30

Giving us a total ROI return on investment of 148.15% to date

You can see from the results that you do not need ridiculously high strike rates to make trading pay. Nor do you need huge starting banks.

Also the results could have been better if I had set my trade to stake instead of payout on the 28th April… also, I set the time to open a trade not accounting for daylight saving hours and had to close it and take a £5.77 loss.

My bag though, and lesson learnt again unfortunately as I have been caught out on the stake/payout issue before… Ohh Rachel.

If you haven’t considered joining my alert service then you can read about it here.

The results may seem slow and steady now… but the compounding of your bank will most certainly make your eyebrows rise over the coming months.

In fact, you’ll find my results beat many sports tipsters services.

Adapted Selections

Also, I have had to change my strategy ever so slightly on these alerts as some subscribers were unable to get the trades on in time. This was affecting their profits and also my morals to my customers.

To rectify this I am sending the alerts out up to an hour earlier so that everyone is trading at the same times. And there is now no rush or irritation to get over to in time.

In fact once you get the alert you can select the time on binary that the trade has to start and then just log back out and forget about it for the day. It couldn’t be simpler.

Trading Results Update


Free Binary Bet Free £20 Binary Trade

Free Binary Bet

Free Binary Bet Offer

As promised, here is the link to get a completely Free Binary Bet.

You do not need to make a deposit to get the free Binary bet. Plus it’s £20 so a great offer.

All you need to do is open a real account.

Just go here now and sign up.

Binary Trading System

My partner and I have been working on my binary trading system, and we’ll be adding some new video’s and content to the members area in May/June.

The feedback for the system so far has been awesome… and most people hitting 70+% strike rate. Some that are trading the fast system have crushed it. I’m happy for them all.

But me being me, I want to totally over deliver on my trading system and keep improving and moving forward.

I do not want to create more binary trading systems to sell separately and profit from like many marketers do. Anything that works will be added free to the members area.

New Content

The new content will also show how to find more trading opportunities using other currencies and even stocks.

We are also working on a hedging strategy that will enable you to place a binary trade over a longer period and trade shorter term movements to cover some of your stake money. In essence increasing return on investment. This will enable even the most risk adverse traders to make better profits.

Vince Stanzione Seminar

Vince Stanzione has his last seminar on the 5th/6th May. Either I or my partner will be there if not both of us.

I’m going to be very interested to hear his views of what he thinks will happen over next few years now that Trump is in? Now things are settling down I think there’s going to be good buy and sell opportunities with increased accuracy.

I’m also looking forward to getting the heads up on some good long term trades. As it happens I still have money in some trades from the last seminar.

Trading the Financial Markets – It’s not an Enigma.

Trading the Financial Markets

It’s no fun trying to do something that you know can be done but you just can’t seem to do it.


Why does trading, whether it be online, off-line, spread betting, binary trading or buying stock via a broker seem to only work for some and not for others? Why is trading the financial markets such an enigma?


Why is it that some people can make a couple of thousand pounds a day whilst others just seen to lose day in day out?


Even if someone was using the exact same method to trade the financial markets the results can and will differ.


The problem is evidently not down to the system or strategy that one is using… it seems to be more a case of the individual’s interpretation of the markets.


In fact, that is largely the difference between winning and losing traders… a winning trader just has a superior mindset when it comes to trading over the chronic losing trader.


No one Likes Losing


I am yet to meet anyone that is actually really excited about losing or opens trade and wanted to lose.


No one likes losing… I personally can’t stand losing, and when it comes to losing money, the bad taste that the loss leaves is quite unpalatable. The thing is though, I also understand that losing is what makes up the winning mind-set of a profitable trader.


I know from the years that I have been trading that long term I will be profitable.


I understand that the wins and the losses all contribute to my final results. I may have up-and-down weeks or even months, but over the long-term I will come out on top.


When you know that, trading becomes far less of a psychological rollercoaster ride.


The Fear of Losing Money


The fear of losing money can become so very intense that the sheer psychological strain on the trader is enough to stop them from ever reaching their full potential as traders.


The problem with becoming a winning trader is far more to do with your own phycology than it is to do with what system you are using.


When you lose a trade you will react to that loss. You will either accept that your decision was wrong and then wait for the next trade to present itself. If that trade loses, you still know that long term you will be profitable. You’ve been trading a long time and you have your emotions in steady order.


But when you are a new trader things are not that easy. The hurt of losing means pain, a dent in your ego and it’s taking a step back from progress.


To rectify this, you want to regain any losses as quick as possible. Even though this may mean bending the rules of your trading strategy… you do it anyway to stop the pain, heal your ego and feel like you are still going in the right direction.


The reason you act like this is because you are your own boss when it comes to trading. You don’t like being wrong, so you try not to be.


Back in the Classroom

Learn stock market trading

Imagine being classroom like when you were at school… only now you are in a trading classroom, trading the financial markets… or at least trying to. There are 30 other students in the classroom with you, all sat at their trading desks trying to learn.


The trading system that all the students are trying to learn is awesome. It has an 90% strike rate. You can easily make $100,000 a year if you get it right.


The teacher is in the classroom with all of you. She’s walking around checking everyone’s work as they go. She is making sure that you are all following the rules before you make a trade.


If you make a mistake, the teacher will spot it and scold you for being stupid and not listening. They’ll say something like, “Nooooo Rachel!!! What are you doing? What have I told you? You’re not listening are you? I think that maybe you need to try something else to make money.


Even more that, if they feel you are to stupid to follow simple rules you will be asked to leave and not come back… in front of the whole classroom.


Do you think that under such conditions that you’d be more likely to stay disciplined?


It’s highly likely… because you don’t want to look stupid in front of everyone and also you don’t want to lose the chance at making some serious money.


What’s more is that even if you have a losing trade in the classroom, the strict rules that are made clear by the even stricter teacher, prevent you from doing anything else for the rest of the day. You then start the whole procedure again on the next trading school day.

We Learn Much Harder Things Than Trading

This scenario above is not unlike how things were when we were at school.


Although the truth is that at school we learnt to do things that were far harder than learning to trade actually is.


Subjects like chemistry, physics and maths. Even reading, writing and cooking. All these subjects pose a far greater challenge to learn than deciding if a price will go up and down.


So why when left trading to one’s own devices, the simplest of tasks become a challenge?


I often think about this conundrum. And I’m sure that it boils down to what we were like from a very early age. Maybe even from when we started nursery?


Girls in general are more disciplined and less rebellious at school. Is that why they say that women make better traders?


Freedom from Discipline


Leaving school is looked at as the first step to freedom and adulthood for many teenagers. Is it then that personal discipline is damaged and your success as a trader already made so much harder?


I’d really like to see some stats on this one day. There must be something to learn from such data?

Trading the Financial Markets

Trading is discipline, it’s as simple as that. And if you start out only trading once a day or checking your position only once a day you are eliminating 90% of the errors that you will make.


Stop the temptation


Over trading is a huge contributor to why traders lose money.


It is the temptation to trade, to do something with an already open trade or trying to trade for entertainment throughout the day that creates the issues.


These problems are a new trader’s nightmare. Because of the internet, charts, trading apps and so on, trading is now so more accessible to everyone. The opportunity to trade/gamble or make your fortune is always being dangled in front of your nose.


Remove Temptation


Try these simple tasks at self discipline and you’ll be ahead of most of the losing traders.


If day trading, only trade once a day, win lose or break even. There is absolutely no exception to this rule. Make your trade and walk away.


Are you using a day trading system that requires you to be seriously active at your screen when operating it? Then set time slots that you can trade. So for example you can only trade from 8-10 am each day.


If spread betting longer term [3 months plus], use stops and only trade a single position when you start out. Also get used to checking it only once a day… preferably in the evening.


Habits are good.


Repeat what is working until it is habit.


Success from trading comes from doing the simple things well, over and over. Don’t complicate things. Do what works… again and again.


Trading is Boring

Turtle Traders


If you are trading and find it boring, then that’s great. Looking at a screen all day, waiting for something to happen is one of the most pointless things one can do.


That is not what successful traders do. It stands to reason then that you shouldn’t do it.


Apparently, the original Turtle Traders played ping pong for most of the day when they were learning how to trade because there was nothing else to do.


Accept Trading for what it is


If you were hoping trading was going to be like a scene out of some blockbuster movie, then you’re in for a shock. Winning traders [individuals] just don’t trade like that.


The reality is, that trading the stock market is very laid back and personal to each individual trader. If you want multiple screens with charts and news on all day, then you’re probably better off going into Paddy Power or your local High Street bookie.


In Conclusion


Be disciplined, trading and making any sort of income from trading means discipline… if you lack discipline, practice becoming disciplined until it’s habit. Learn to do the simple things well, over and over again… that’s what successful traders do.


Trading is not some sort of elaborate entertainment game. Trade professionally, like a winner with a winning strategy.


If you’re bored then do something, anything, but don’t trade.


When you get it all wrong, accept it and move on. The most profitable traders in the world are never always right. Don’t let your ego get in the way of long term success.

Binary Trading Results and Profits

I just want to share my binary trading results that my alerts service has given last month.

By just compounding an initial £200 start bank, this has increased to £356 from 20 trading days. Out of those 20 days there was trades on 13 of the days.

That equates to 78% ROI over the month… awesome.

We have had 13 trades in total and 3 of those lost, giving us a 76.9% strike rate

Binary trading results

The alerts normally go out from 8 am until 12 noon and are for a minimum of 2 hours and can last for up to 12 hours.

Once you have made the trade, that is it for the day. You can just check back later.

This is probably one of the most stress free ways to day trade available.

If you want to learn how to day trade check out my system here. Or you can subscribe to my alert service here

Learning to Trade

If you are using my trading system, then there are many other trading opportunities that are presented each day.

Although I always advise that trading more doesn’t always mean more profits, my system does give you the opportunity to set a time to trade.

So even if you have other commitments you can fit trading into your schedule… early morning, in your lunch hour or even up to 9 pm in the evening.

The feedback that I have been getting is fantastic… For me it’s like an unreal feeling to be helping people make money from trading. I have really enjoyed it.

Many like the simplicity and again the stress free style of the systems. I think that this comes from only needing a small starting bank to get started too.

Also, having a low risk strategy helps people to trade better as the money is not scared before being traded.

Here is a screenshot of all the trades I made. I staked 5% – 10% You will also see that there are a couple of 5% trades on the same day within a few minutes of each other.

Binary Trading Results


Master Investor Show – Trades Recommendation

Master Investor Show

I attended the master investor show on Saturday.

It was held at the business design centre in Islington. I had not been there before and found it a nice change to the larger venues like the Excel.

I also like the fact that it was held in Islington as I had not been there for years and it was nice to go back and enjoy the day.

The speech by Jim Mellon was entertaining as always and he gave some tips to watch out for that I’ll share with you in a moment.

Vince Stanzione was there also… in jeans and a trendy jacket may I add. I had a quick chat with him too.

There were a good few stands there, but my main interest for the day was chatting with the team from

Having been using the service regularly now as well as recommending it to you all, it was nice to actually meet the people behind the company.

I chatted with them in depth about all topics, and pointed out that I didn’t like their free charts as much as others that I had used. Unsurprisingly, they seemed quite alarmed by that and assured me that the free tradingview charts that they offer are used by many professional traders.

I know of Trading View, but I was under the impression that they were subscription only… But they are indeed free if you have an account at

My partner Chris is doing a quick video on how to use them that he’ll upload to my Binary Trading Members area today. If you’re not a member of my binary trading system you can join here or if you just want to use the free charts you open an account on binary and look in the shop section. You’ll see the trading view charts in there.

A free Bet for You

Also, I managed to get a free £20 bet at for my blog readers. I’m just waiting on the link . Once I get it I’ll email it out to you.

Master Investor Show Trades 

As said, Jim Mellon gave lots of advice out in his presentation but the ones that I had the most interest in are

  • Long Nikkei
  • Long MXN/USD

Beneath are some of  the slides from the show with his recommendations. You can have a look and evaluate yourselves.

Master Investor Show trades

Bear Trades


Trading Discipline – The Art of Success

Trading Discipline

One of the hardest challenges that faces any trader is the art of staying disciplined.


This seemingly simple rule can be one of the most confusing and complex trait a winning trader will need to learn.


You see, trading discipline can be somewhat contradictory.


You may need the trading discipline to do nothing most of the time. Or the trading discipline to only do something once every day or any set number of times in a day or month.


If actually buying stock in a company, do you have the discipline to hold on to the stock for years no questions asked? Or drop it instantly and accept a loss if it starts losing money?


All the above scenarios are quite realistic, they are also all quite different… and all require cast iron discipline.


It makes little difference what style of trader you are or are trying to become; the winning traders all have the same thing in common… discipline.


I have seen many traders move from one type of trading system to another and another without learning the fundamentals of how to trade profitably at any time during their trading experience.


If I could give any advice to new traders, it is without a doubt to learn to do the same thing that works over and over again and compound profits as you go.


Trading Discipline  

Every trading system will have a set of rules that are designed to give you an edge in selecting a winning trade.

Once a trade is selected and opened, then the rest of the profitability is done by waiting, and compounding the results, not by using the system.


The system that you are using to give you an edge actually has very little to do with your wealth after that initial use [selecting and opening a trade].


So therefore, time and discipline are actually greater components to winning at trading than actually finding a winning trading system.


Vince Stanzione


Vince Stanzione is far wealthier than most of us, but he is not far more intelligent or talented.


The saying “nothing is more common than unsuccessful men with talent”. therefore, holds some truth.


There are obviously many more talented men than Vince, but certainly not richer.


So how did Vince Stanzione manage to make so much more money than far more intelligent men? Vince just found something that worked most of the time he used it and done it over and over again. He then compounded his profits over time. It is as beautiful as it is simple.


All that Vince had to do after finding a formula was stay disciplined in its use.


Most People Quit to Soon.


trading systemMost people that start a business of any description quit before they are ahead. They don’t understand that profit and loss doesn’t happen in straight lines up or down.


When I first started trying to make money on ebay, I started out with £100 worth of stock. I forget how many units I actually had but my product was teeth whitening kits. I didn’t start it with enough money to get a big discount and I was actually losing money in the beginning.

But even though this may have looked grim to others, I kept going. I persisted because I could see the possibilities.


“Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent”.

Calvin Coolidge


Roll on 18 months and that £100 was over £30,000 turnover. The secret to that income? I didn’t quit in the beginning, even though it wasn’t profitable.


When I did start to make the smallest of profits, I then reinvested those profits and bought more stock. Stock that I could now buy cheaper.


Nothing remotely complex to the results, and I’m know more intelligent than the next person.


It is this up and down, ebb and flow, in any business but especially trading that tends to destroy traders crossing the bridge into profit.


These videos by Peter Webb from Bet Angel explain the concept brilliantly.

So in conclusion, don’t quit to soon, compound your profits over time and the slightest of edge can turn into something spectacular.