2010 – New Year, new flat, new goals
It’s been a tough couple of weeks. I moved out of the Attic on Monday and into my City Flat. Leaving my children was one of the hardest things I have ever had to do. I felt incredibly emotional as I closed the door to the family home for the last time and drove the [...]
Leaving the Attic
It has been a while since I posted a piece on trading psychology but I have been experiencing some issues in my own trading recently that I wanted to discuss.
I wrote an article in early October about the challenges of finding a trading system that balanced a purely mechanical approach with a discretionary one. At the time [...]
MoneyShow Video Network – AtticManTrader Live
The World Money Show in London in late October gave me an opportunity to do some stuff I’ve never done before. As well as being involved in some great discussions on trading, I was also invited to take part in a couple of video interviews.
In this video I discuss the importance of keeping a trading journal [...]
The evolution of a trader
Much has been discussed about the stages that a typical trader will encounter as they progress on their journey to profitability. I’ve been through a number of these stages as I am sure you have. At every stage along the way (until you reach Stage 5), there is a likelihood that your journey will end. [...]
General Stock Market Observations
Over the last couple of weeks my stock selection software has been painting an accurate picture of the market as a whole.
To recap for those who don’t want to search the entire blog for details on my stock selection methodology, here is a brief recap
1. I scan all stocks in the FTSE 350 for specific [...]
World Money Show London – After Show thoughts
The World Money Show in London was a great experience for me. I hosted a panel discussion on Spread-betting and then was part of the panel discussing Spread-betting and CFD trading. I was certainly interesting to here the views of the professionals and also to meet so many self-directed traders.
Being on a panel of professionals, [...]
Trading Update – Squeeze Strategy 15th Oct 09
I blogged yesterday about THE SQUEEZE strategy that I was live testing.
Here follows a trading update;
Open Positions
Royal Dutch Shell Plc (currently down £10.50 or 0.1%)
Whitbread Plc (currently down £11.00 or 0.1%)
New Orders
Experian Group Plc (Buy Limit@547 – 350 shares. Stop 532, Target 578. Max Loss £52.5 Max win £108.5)
Ferrexpo Plc (Buy Limit@162 – 420 shares. [...]
Live testing a simple squeeze strategy
Finding the balance between a trading system that is totally mechanical (and hence sometimes counter-intuitive) and a system that allows an element of discretion (and hence introduces emotion into trading), is a tough balance to find.
However as a trader it is important to understand your own strengths and weaknesses, in order to find a way [...]
Lex Van Dam – How to make money trading
For those of you that follow my blog, you will probably have read my views on the TV series “Million Dollar Traders” (click here for those posts) and so I was naturally curious when I came across Lex’s book.
Retailing at £9.99 I figured it was a good trade. Lex is clearly enjoying a stint in [...]
