Mindblown: a blog about philosophy.
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List of Best Trading Books
In this section is a list of my personal best trading books, useful to improve your trading psychology, trading strategy and to learn from other people’s experience. Furthermore there are book that are fundamental for all traders to read. Trading Books for Beginners: I feel this the the essential list for all traders that are…
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Scalping tips
Scalping tips You have decided you adopt a scalping trading style. Here are scalping tips to keep in mind. Before starting to scalp: 1) Close down all programs running in the background. If your press ctr+alt+del the task monitor open up and it will tell you what programs are running. You can kill these from…
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Royal Bank of Scotland Spread betting example
Royal Bank of Scotland Spread betting example After the recent news we have had in the banking sector, here is an example of spread betting RBS (Royal Bank of Scotland). Three days ago the news came out JPMorgan Chase acknowledges $ 2 billion trading loss. You strongly feel that this is a big story that…
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Scalping with Bollinger Bands
Scalping with Bollinger Bands In this Spread betting strategy we I will show you how to scalp using the Bollinger Bands. You will need a bit of practice before you master the art of scalping and master one of the strategies that you pick. To Learn to scalp takes time and discipline, and lets…
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Gold Pivot Point Strategy
Gold Pivot Point Strategy Pivot points are a very old way of calculating support and resistance points in a chart. The calculations is very simple as it was widely used in the commodity pits and these calculations were done mentally while traders were deciding to or not take trades. This is the Pivot point Formula:…
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Gold Break Out Strategy
Gold Break Out Strategy Lets get straight down to the strategy. This strategy is a very simple concept but it is important you manage your risk. You must also know your risk tolerance as you may have a few false break outs and when you give in that is when the break out will occur.…
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Gold trading strategy
Gold trading strategy Well Now that you have just gone through the Gold spread betting example , I will now show you two different Gold Trading strategies. Gold like many commodities are still traded using Pivot Points. There are two types of strategies one can use to trade gold. They are both commonly used but…
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Spread Betting in Gold
Spread Betting Example in Gold Well as you all have seen overnight gold has had a substantial move overnight. This has proven to show how spread betting in gold could be attractive, but at the same time dangerous. A small summary of what happened, on Wednesday gold was trading in the region of 1780 USD,…
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Good News from Bernanke
There has been a lot of good news, as main indices top 2008 highs. Overnight we had China’s manufacturing PMI came in slightly better than expected at 51. Shows China’s manufacturing is growing. In the Forex Market for those EURUSD spread betters, Technically, EUR/USD seems to have made a top after Bernanke’s speech. We might…
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Spread betting News Tues Feb 28
Spread betting News Tues Feb 28 Asian Market were up overnight as Crude retreats. Easing the possible threat of a global economy stricken. Copper was up 0.3% . Monday had a Rally after good US Data, Pending Home Sales came in much etter than expected at +1.9% (expected 1.1%) vs prev –1.9%. FTSE close down…
Got any book recommendations?