As trailed originally in my news item CityIndex Moving to Daily Funded Trades – whereas I previously shied away from City Index and its platform siblings partly because of the way that the profit-counter was reset on a daily basis, I’m much more inclined to trade with them now that each position shows my total accumulated profit since the position was opened.

Covel’s trend following book includes many real-life track records achieved by real-life successful trend-following traders, and the associated equity curves are instructive (for me)

ALL this talk about ‘plastic Brits’ representing Team GB at the Olympics got me thinking the other day. When I first started working in the City, it was all about pinstriped suits and the proverbial stiff upper lip but it now seems that Britain’s fortunes are firmly linked to the wider international community.

Tharp reminds us that it is Trader Psychology that accounts for 60% of trading success compared with 30% importance for Money Management and 10% for Trading System Development.

Following on from Trading Idols: Nicolas Darvas, my next trading idol is legendary trader Jesse Livermore. Although Livermore published his own book ‘How To Trade In Stocks’ which contains many of his pearls of trading wisdom.

We all have our trading idols. One of my trading idols happens to be Nicolas Darvas, the ballroom dancer turned stock trader whom I first became aware of some years ago…

When trading, do you live in fear of missing the boat? How many times have you kicked yourself that you should have bought into the stock or other financial instrument that has just skyrocketed?

While I almost always apply a stop order to close a trade that goes the wrong way initially, or which allows me to bank some profit when the tide turns on a profitable trade, I’m not so keen on placing orders to open new trades because there are no guarantees on opening orders.

I was having breakfast at Franco’s in St James’s last week when I noticed the din from my fellow diners was louder than usual. There wasn’t a spare table in the house and Jason, the affable maitre’d, told me they hadn’t been this busy for months. The reason?

Are you in the spread betting business? I’m referring towhether you approach spread betting as you would approach a traditional business, rather than treating it as a mere hobby.