Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Status
Not open for further replies.
dr.blix said:
hey geo! hope your move went well 🙂

you back now or you still got some settlin in to do?
Click to expand...

Hey Dr. B! Yep, move was easy luckily. Now living in the middle of a field in Suffolk 🙂 It's great here though, really enjoying country life, oooh arrghhh!

I should be back to trading next week I hope. Gonna get my trial going with pro-realtime, and a few accounts setup, and I'll be off. I've done loads of backtesting and reading in the last few weeks, which was damn useful.

Well done on the +14 btw. How's your last few weeks trading going?
 
Geofract said:
Hey Dr. B! Yep, move was easy luckily. Now living in the middle of a field in Suffolk 🙂 It's great here though, really enjoying country life, oooh arrghhh!

I should be back to trading next week I hope. Gonna get my trial going with pro-realtime, and a few accounts setup, and I'll be off. I've done loads of backtesting and reading in the last few weeks, which was damn useful.

Well done on the +14 btw. How's your last few weeks trading going?
Click to expand...

Hah! im in suffolk too! where are you? im in bloody ipswich atm. surprised you got a line! bt are awful round here. VILLAGE!!
 
francisfinley said:
Hah! im in suffolk too! where are you? im in bloody ipswich atm. surprised you got a line! bt are awful round here. VILLAGE!!
Click to expand...

Hi FF, I'm near Woodbridge. BT are awful everywhere mate!! 3 of my friends work BT in this area, so I get to hear all the horror stories.

Oh what fun it has been trying to get a connection, not!
 
Geofract said:
Hi FF, I'm near Woodbridge. BT are awful everywhere mate!! 3 of my friends work BT in this area, so I get to hear all the horror stories.

Oh what fun it has been trying to get a connection, not!
Click to expand...

no way!! i used to go to school there! are you working up here? what brings you to village sufferrrrrk my skype is francisfinley if you have it
 
Leo = thanks...time to study then....

Dr.Blix = thanks....you using IG Markets or IG Index?

Yes ill post something if i spot a trade based on whatever im seeing.

So most people here are spreadbetting the FTSE?

For a newcomer, should i use a spreadbet or a CFD (£2 mini contract).....? for FTSE trade...
Spreadbet seems more easy to get to grips with...
 
was short SPX, closed + 17 pts

short again @ 910

up 70 pts on the day!

107 pts on the week! i've got some work on 2moro and friday so that's worked out perectly! very happy 😀
 
Geofract said:
Hey Dr. B! Yep, move was easy luckily. Now living in the middle of a field in Suffolk 🙂 It's great here though, really enjoying country life, oooh arrghhh!

I should be back to trading next week I hope. Gonna get my trial going with pro-realtime, and a few accounts setup, and I'll be off. I've done loads of backtesting and reading in the last few weeks, which was damn useful.

Well done on the +14 btw. How's your last few weeks trading going?
Click to expand...

sounds nice mate, i'm increasingly turning into a country type person the older i get (cities are great fun when you're younger)...

this weeks trading has been better than usual, i think things are starting to click a little.

i have a 100 pts per week target which i've already hit!
 
francisfinley said:
no way!! i used to go to school there! are you working up here? what brings you to village sufferrrrrk my skype is francisfinley if you have it
Click to expand...

I brought my business with me, and working from home for now - not much business left now though! I have quite a few friends up here, and fancied living in a quieter area - loving it so far.
 
dr.blix said:
sounds nice mate, i'm increasingly turning into a country type person the older i get (cities are great fun when you're younger)...

this weeks trading has been better than usual, i think things are starting to click a little.

i have a 100 pts per week target which i've already hit!
Click to expand...

Nice one! You're doing really well.

+70 on the day is superb!
 
Risk Calculator

My excel trade risk calculator for anyones who is interested.

Not a rocket science calculation, but makes calculating position sizes quick.

Type in your trading pot size on the top line. Then the point/pip size for the stop on your trade. Then it automatically calculates the numbers.

So, if you trade at 2% risk, with a 3k pot, and 75 point stop, then it tells you the position size. Which in that example is 80p, with maximum drawdown of £60 or 2% pot risk.
 

Attachments

  • trisk.jpg
    trisk.jpg
    60.8 KB · Views: 95
  • Stop risk calculator.xls
    Stop risk calculator.xls
    15.5 KB · Views: 159
With my miniscule trading pot, and 50p a point for FTSE, I risk way too much according to those who say 1% per trade... seems I should stump up more cash 🙂
 
Status
Not open for further replies.

Similar threads

wallstreet1928
Wallstreet1928 is back-Analysis & Live Calls on FTSE/DAX.aimed to help new traders 2
2 3 4
Replies
72
Views
16K
francisfinley
F
8
Ftse,dow,gold,aim....
Replies
2
Views
2K
Tempted
T
Mr Squirrel
  • Locked
Reminiscences of a Wallstreet1928 Subscriber
2
Replies
21
Views
6K
shewolf
S
rossored
emini S&P Intraday Charts
2
Replies
23
Views
6K
ES0
E
Dinos
Trading the DAX
4 5 6
Replies
101
Views
29K
DuCaan
D
Back
Top