My name is Alan McGrath. I'm a successful Aust CFD trader and I use this blog and Twitter to post my trade and market observations.
I've recently been joined by a trading colleague, Kevi, who will share his thoughts on trading.
When reading blog and Twitter, keep in mind that we are short term traders. Projected time frame for trades is usually from several minutes to several days. All views expressed here are those of the author's and do not constitute advice of any kind.
Just a reminder that all of my posting is now done at CFD Trader's Edge
Tonight I posted details of an excellent on line trading education event, that could well help give you that edge.
The article can be found here.
Well it's been a long hard slog, but finally I'm very pleased to tell you that the new CFD Trader's Edge website is now live.
At this stage it's only Stage One, which basically replaces this blog, but we are now working hard on the Members Only section, and are hoping to have it ready for launch sometime in March.
Features for Members will include:
* Broker discounts to members
* Exclusive tools to track and manage your trading performance
* Discounts to software, data and educational material
* Educational videos, live chat, webinars and blogs from successful traders
* A forum for members
* Links to other useful trading resources...and more.
I have already secured exclusive discounts for members with both my preferred CFD provider, and trading platform. More details soon!
I'd love to hear your thoughts on the new look. It is a work in progress and will be tinkered with as time goes by, but we're getting there.
Unfortunately the hours put in getting the site up and running has meant that I've not been able to post as often as I'd like. The chart videos have been a little less regular as well. But please bear with me...once we are fully up and running I'm sure they'll be coming thick and fast once again.
Well, it's almost a little sad to say that this will probably be my last post on this blog, so goodbye for now blogspot. But CFD Trader's Edge here we come!
That's www.cfdtradersedge.com.au
See you there!
Happy trading.
Alan
Tonight's 5 in 5 video focuses on triangle chart pattern set ups:
Remember videos are best viewed full screen and at least 360p resolution but preferably HD.
Alan
With the market attempting to break the key 4800 area, and small and mid cap stocks running hard everywhere, it's sometimes easy to forget that we still need to apply consistent discipline to our trading accounts. Stop losses and position sizing should be seen as just as important in a running market as they are in tougher times.
The chat software trial last week was encouraging, so next week I am going ahead with the first of a regular series of live chats, where we will discuss the techniques for placing relevant stops and position sizes to suit your risk profile.
To allow for meaningful input from all involved I am limiting the chat to 12 participants. I have opened the chat firstly to all registered readers of the blog, and an email was sent this morning to all who have previously completed the registration form. If it's not in your Inbox this morning, it may have slipped into your junk mail folder, so please check there.
If you're not registered and would like to participate, you will find the site registration link on the right hand side of this page.
The chat session will be held on Monday 24th January at 8pm AEDST (that's 7pm for you Brisbanites!) I expect it will run for 45 minutes or so.
Cheers
Alan