I guess my number one rule to prevent a portfolio going bust is my 20% Rule… The rule is simple. If my portfolio ever drops below 20%, due to a losing streak, I halt trading… Notice the word halt instead of STOP. When a portfolio is down 20%, this is where you’ll halt your trading but you’ll KEEP following your trading strategy. So, you’ll simply demo trade...
Saving money to trade, or in general, can be a pain. Either it drops your quality of life, or you find that you just can’t save a cent at the end of the month. No matter what you’re earning, I’m going to show you exactly how to save money the easy way. Here are my 27 favourite money savings tips with a couple of personal notes… SAVINGS TIP #1: Stick to your...
We are brought up in society to WIN, WIN, WIN! Throughout our upbringing we must either: Achieve top grades Drive the fanciest cars Wear and own the best brands In other words, we are raised to win with everything we do in life, until you get welcomed into the world of trading. Today I’m going to be the contrarian and share with you why you should love,...
Back in the old days, to action a trade you only had two easy options. Buy or sell… Fast-forward into the present day, and today you get slapped with five different options to choose from when you get into a trade. Right now, I’m going to simplify these five trading entry orders in way that you’ll never forget. Entry Order #1: Market Order The first entry...
In this issue, we’ll discuss the differences between both CFDs and Spread Trading… What are CFDs and Spread Trading? Spread Trading (betting) and CFDs are financial instruments that allow us to do one thing. To place a bet on whether a market will go up or down in price – without owning the underlying asset. If we are correct, we stand a chance to make...
Derivatives trading! What I believe has been the absolute market revolution since shares. Derivatives might sound complicated and something you would hear from a professor or a know-it-all businessman – but they're really not. I am no academic or even remotely one of the smartest guy’s in the world. And if I can grasp the idea and understanding of...
We are brought up in society to WIN, WIN, WIN! Throughout our upbringing we must either: Achieve top grades Drive the fanciest cars Wear and own the best brands In other words, we are raised to win with everything we do in life, until you get welcomed into the world of trading. Today I’m going to be the contrarian and share with you why you should love,...
The senario if we were to ever see another market crash as significant as 07