I’ve long since given up trying to predict the market and now let the market tell me which way to trade. I only started making money once I realised I was no good at determining market direction. My entries are purely mechanical, exits are a mixture of mechanical/discretional. I have 2 complimentary trading methods which I run simultaneously. I trade a mixture of futures & options.
I play a lot of music, I do ski racing and of course trade
- countryCode
- GB
- Real Name
- Tony
- Occupation
- IB Programmer in FX & Derivs
- Country
- United Kingdom
- Gender
- Male
- Trading Style
- More of a day trader these days - hold from 30mins to 2-3 days max, however have an alternative (non-leveraged) investment fund where I buy & hold high yielding stocks on the dips.
- List of Markets Traded
- FTSE and DJI only now, I also like buying cheap out of the money options when I see a big move coming. Maybe oil/gold if there is an obvious opportunity. Stock trading I stick to the FTSE all-share
- What method do you use to Trade?
- Mostly, identify a trend, wait for a pullback and jump on the trend. Also trade off major support/resistance. Sometimes I will hedge out bad trades with an option rather than close if I think my analysis was "too soon" rather than "wrong".
- Trading Experience
- More than 5 Years
- Trading Work Status
- Spare-Time
- Preferred Trading Style
- Swing Trader
- Position Trader
- Preferred Trading Methodology
- Break Outs
- Delta
- Market Neutral / Spread
- Mechanical/Systems
- Momentum
- Preferred Market Regions
- UK
- Preferred Markets
- Indices
- Preferred Trading Instruments
- Equities (Owned Stock)
- Futures
- Options
- Preferred Spreadbetting Brokers
- Capital Spreads
- IG Index
- Preferred EOD Data Providers
- Dukascopy
- ProRealTime
- Yahoo!
- Preferred Realtime Data Providers
- ProRealTime
Hoggums
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Outside of a dog, a book is a man's best friend,
inside of a dog, it's too dark to read. -- G Marx.
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