How Trading Simply Can Help You Make Money from the UK Stock Market
The Trading Simply Blog provides lively content about how I trade the UK stock market without the use of financial jargon. Some of this includes:
» understanding the risks of spread betting
» observing how I trade my own money using charts and news items
My hope is that you will gain an insight into why and how I view spread betting shares listed on the London Stock Exchange as an investment strategy. Along the way I may mention some of the things I get up to when I am not analysing charts and financial news.
The Trading Simply Newsletter is a brief email showing you my own actual trades. It includes chart analysis and clearly explains the reasons why I enter and exit individual trades. This excellent learning resource is FREE and is only available to subscribers.
The free newsletter contains analysis of actual trades that I have completed using a spread betting provider. Some will be winners, some will be losers.
Spread Betting needn’t be about gambling on the FTSE. Careful analysis and sensible risk management will allow you to participate in the financial markets without you losing your shirt (or blouse).
There is no need to rely on tipsters. But make no mistake: you will make losing trades. I do and so do professional traders. The key to stock market success is being able to hang onto winning trades for longer and to close your losing trades sooner. Much sooner if you can.
The idea of The Spread Betting Diary is simple; this column is intended to document of my journey into the world of spread betting, recording the highs and lows of someone who has until recently not even known what a spreadbet is. The story of spread betting will be told on the website but importantly my insight into spread betting through the eyes of a beginner will continue to be told in this column.
It has been quite amusing reading my earlier postings once again – at the time I was confident that my new spread betting ‘hobby’ would go smoothly, that the profits were just waiting for me to pluck them of an eternally giving tree of money.
Unfortunately it did not go as planned and I had my account cleaned out on two occasions.
But this is where I hope the blog provides a use, it is the mistakes that make us better, and nowhere is this mantra more true than in the financial markets.
They are highly unpredictable and unfortunately for those in spread betting this can hurt a great deal more due to the leveraged nature of the game.
At the same time the sense of achievement and reward that comes with getting it right after so many failures is fantastic.
And hence why I am still here today writing about spread betting despite taking a few beatings along the way.
Like many of you out there, I’ve read countless books, from the psychology of trading through to the mind numbingly complex world that is technical and fundamental analysis, scoured the internet, and watched hours of ‘expert’ videos.
But one thing that seemed ever illusive was any proof of how someone who is relatively new to the world of trading actually got on when starting out. Don’t get me wrong there are stories out there about people who have both won and lost thousands, but that wasn’t what I was after.
So here I am! Giving it a go for myself. Reasonably intelligent, relatively sensible, clued up ‘in theory’…and about to put my money where my mouth.
It won’t just be a boring trade-by-trade update honest! In the spirit of ‘Sharing is caring’ I’ll be finding out exactly how theory works when it’s applied. If you don’t agree with something or can shine a little light then don’t be shy…comment til your heart’s content.
One of the aims of The Trading Simply Blog is to show you how I manage to make money when I also make losing trades. I also share trade analysis and ideas for my own portfolio.
The purpose of this site is to help you get started in either spread betting and/or share trading. It also provides you with an honest account of my own trades and views of the market.
So please note the following:
– Everything contained within this blog is for information and educational purposes only
– I am not authorised to provide investment advice and so I never do
– Nothing on this blog should be taken as being either investment advice or a recommendation to invest or spread bet in a particular stock
– This blog acts a record of my own experiences and thoughts of spread betting
– All trades you enter must be a decision you make and you are solely responsible for all your losses and profits
Spread Betting is a leveraged financial activity that carries a high level of potential risk. If you act on the advice, comments or suggestions of anyone on this website you do so at your own risk. I do not accept no responsibility for any financial losses you may incur as a result of your trading decisions.
Be advised that this is not a share tipping service. I am not regulated by the FCA and you should not copy my trades as I post them. One reason is because I would have posted a trade entry a long time after the actual trade was made by which time the price could have fallen or risen dramatically. Therefore if you copy my trades, you will lose money. If you do not understand why you will lose money copying my trades please read an essential guide to the stock market called How I Made $2,000,000 in the Stock Market