Successful Trading – Online Share Trading & Stock Market Trader

In this episode, we're going to look more deeply into the reasons WHY we need a robust Trading Strategy.

In this episode, we're going to look at the elements of an effective Trading Plan. But what IS a trading plan? It’s a set of RULES that is designed to govern your actions in any given circumstance in the market.

Your trading plan will have a set of entry conditions – criteria the stock needs to meet before you go spending your hard-earned money. We view these in 2 parts: Gates and Triggers.

In this episode we’ll look at Buying and Selling. Let’s imagine you’ve found a stock that meets all your entry conditions. We now need to take steps to open a position – we want buy some shares.

In this episode, we are going to look at Risk Management and then what I refer to as the Arithmetic of Trading.

In this episode, we’ll be looking at when to exit a trade when the price starts moving favourably.

Having covered all the major components of a Trading Plan, let’s now take a walk though the entire process, by following a trade from start to finish.

We now find ourselves at a point where we need to make a decision - which set of rules do we want to trade.

In this episode we are going to look at some more advanced strategies: Short Selling, and Trading Contracts for Difference.

In this episode I’ll be talking about some of the different styles of trading that our more advanced members use.

In this episode I'll talk about how we bring these additional elements together, and then we'll consider the subject of trading for income.