Freebie!

Friday, March 20, 2009

News Trading

Learn the Simple Secrets of Fundamental Trading
that gives Any Trader Instant Profit Makeover!




This is the product that I used to get started.
A word of caution, however:

Some of the emails sent out in the free version come very late at night.
So you need to check the time of the email and the time of the tip because the news might be out of date by the time you trade!

For example, I awoke one morning and logged in to my tradefair account and saw the email that suggested to sell the GBP against the Yen. I quickly rushed ahead and placed my sell or down trade. By the time I had placed the trade GBP started rising against the Yen again.
I looked back at the charts; GBP had fallen over 200 points during the night at the time the email was sent out which was 3:00am!

If I had followed the advice at the right time I would have achieved 200 points profit (£2,000 at £10 per point!). Sadly, instead I just took the opposite side of the trade!

So remember read the emails, check the times and

Check out the product here:

Learn the Simple Secrets of Fundamental Trading
that gives Any Trader Instant Profit Makeover!

Thursday, March 19, 2009

Tradefair closing markets arbitrarily?


I've noticed that Tradefair sometimes closes individual markets at times outside of the standard closing times.

Tradefair closes the indices, equities markets when the respective physical markets close. As forex is 24hour it stays open all the time except for Tradefair weekend closing times.

So then why would a forex market close during the day at 16:41 say as shown below?
Perhaps this is nervousness or internal risk managment /auditing if a big down bet has been placed and in a suddenly falling market to prevent further down bets being placed?
Or is the forex market closed for a minor technical tweak?
Give me some of your ideas!

Friday, March 13, 2009

Taking the offer with tradefair

Hi!

This blog will chart my progess forex trading mainly GBP/EUR but also other trades.


I recently took out a Tradefair spreads account with the free offer of £75 when u deposit £75
I went from £75 to £900 but promptly lost it all again with a very bad trade...well actually a few of them!

The platform is really nice and simple but with a few quirks that I do not like! More about this soon! Keep following the blog.

Have you got any experiences with spread betting? Let me know how much you managed to grow your account!