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Trevbeats

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Trevbeats last won the day on September 29

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  1. Very interesting and long term chart analysts Mercury. Why is it that we think that charts follow these types of patterns? Would It be right that traders have the maps "CA" and we all tend to follow? Please inlighten me your thoughts? Good work on the history plotting.
  2. Ok sounds like a good plan. Are you working on a SB or CFD Micro or Macro? and if so to any is it a UK account buddy.
  3. The bottom line is you’re making any money...Am I missing something?
  4. £500 Margin/Acccount size ? Please explain
  5. That is good to here Dmedin. If it is done right yes you can do well. My only gripe atm is I have switch from ozzi acount to a Uk spread account. However finding realy tricky to trade on a 10k account as margins are just stupid! where as margins are so much better to trade with overseas and done realy well ITM. Maybe i should of stuck with the uk acount when the esma rule kicked in last year. That been said I can still trade with the ozzi account but the word is esma ozzie rule is coming tho them as well. Help ?
  6. I see I guess that’s because of tax reasons....? I heard if it’s a spread betting no tax will come back and bite you but if it’s cfd account then your liable.. how are you doing hope your in the money. I going live soon, it’s just the high margins in a uk account which puts you off.....esma rule...graaaa. TRev
  7. Yes does make you think, but I’m sure the %out ways doing it for yourself....I wonder if one could ask the question out of all the IG clients how many of them do well if done correctly at trading. Are you trading now and with which account uk all overseas if you don’t mind me asking. regards Trev..
  8. Very good, But now my real problem is esma rule will be going to the ozzi soon. I have been studying this for a great deal of time and nearly ready to pull the trigger.. But the retail trader is getting squashed again!!! How can you trade with thses stupid margins. Can I ask do you trade , and if so what [account country] do you use? Trev
  9. Thanks buddy for your feed back. It seems that I am running away from one account to another? If the ozzi esma rule comes into play what will be left to switch too SWISS? I will need a large cap if i go back to uk account and spreads would be more likly as no tax is involed. Just my luck I am so getting ready to fire the trigger "live" but it is going against me again! 3 years of study I hope it is not wasted...Can I ask do you trade? and if so what set up account do you hold? I know how to trade got my plan ready; however retail traders are getting the push out of this market...seems all one sided from the big banks. Trev.
  10. Can I say I normally as day trader 90% dont use stops but only if i'm in front of the charts! Yes this can be very naughty however most of my trades gets to my limits/profit as I am not greedy. If I do place a stop loss in anyone of my trades it seesm to hit it.... I have come to realise and agree with casynotes that if you use stops must be quite wide and take lower position. I do have a strategy plan the main ones that helps me in profit is strong trends and scalping but aways study the charts 1st never ever at a whim as that is taken a gamble. Hope this helpes:Ok Started with 20k demo now I am at 113k in 7 months but as my capital got bigger so did my positions hence the account got bigger. Now I feel I am ready to go live!!! Couple or more questions: If anyone can help and advise? So now that I have a plan to full on I am thinking of how much to start with in my capital? 2k or 20k Ok.... if I start with 2k do you think this is rerealistic to build on this? If I start with 20k does this make better sence as you need leverage? Next: I have opted for the Aussie account due to low margins however it's only on CFDs only therefore I would be subject to tax right? I would much prefer a Uk spread betteing account but as we all know about esma rule the margins are just redicloius. I will appreciate any feed back. Regards Trev.
  11. Great news Thank ill play with this.
  12. So the clients is one thing ie sentiments: but the indicator saying bullish or bearish or even mixed means follow this advice?
  13. Yes corelation is a good guide for this Thank you. I am just looking at the chart you send me If the usd/chf is 61% short why does it say Bullish?
  14. Ok Thanks for that. I must admit im not keen on setiments? Not relible enough. Whats you take on them CN
  15. THanks for the info. I clicked on the link, and it seems to be flashing on and off?
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