In this article Michael Taylor looks at the trading impact of rumours, overloads and spikes from Social Media. What to be aware of and how to navigate them to your advantage. The influence of social media platforms on various aspects of our lives is undeniable. One area where this impact has been particularly pronounced is […]
Category: Getting Started in Trading
The Trader: What can we learn from Mark Minervini
Michael Taylor looks at one of the US’s trading greats Mark Minervini and what we can learn from his strategies. I wrote a few weeks ago about what traders can learn from Warren Buffett. This week I’ll take a look at one of the trading greats: Mark Minervini. Who is Mark Minervini? Mark Minervini is […]
The Trader: Macroeconomic factors on stocks
Trader Michael Taylor looks at indices and the macroeconomic impacts on the market. It’s been another volatile few weeks in the market. The game has now changed, and players must adapt or see their money taken from them. Over the last ten years, private investors could get away without bothering themselves too much about macroeconomics. […]
Diary of an 18-year-old investor: Portfolio update and trading system
A big thank you for the very helpful comments left for me following my last blog. It is really encouraging to read members’ experiences, advice and opinions. Also, it’s good to know someone is reading the blog! Thanks to Frank for his good book recommendations. I have ordered two of the books to hopefully start […]
Diary of a 17-year-old investor: Portfolio update and more books
I’m back at school and in my last year, studying for my A levels. It has been great having time during the summer break to read some new books. What I’ve been reading Tom Dorsey’s – Point & Figure Charting I started with a book from Tom Dorsey, kindly recommended to me by Michael Taylor […]
Diary of a 17-year-old investor: How I got started
William, our youngest SharePad subscriber, is relatively new to the world of investing and trading. He has kindly offered to share his experiences so far, and is keen to learn more.
The Trader: Trading Turnarounds – Part II
The breakout retest is a great way of trading a breakout if you missed the initial rally. We looked at how traders should look to play these and the importance of a well-timed buy.
The Trader: Trading Turnarounds
Everyone likes a turnaround. This is because people like the idea of buying at the bottom and reaping the rewards.
However, trading turnarounds can take a lot of time. Businesses are often slow to change and it is not a quick process.
This article will show you how to trade some potential turnaround stocks and give you some pointers to look at next time you are considering trading a turnaround.
The Trader: The Impact of Coronavirus on Trading
One of the effects on Coronavirus has been to crash the entire stock market only to see it recover strongly. However, the impact of Coronavirus for the private investor and retail trader has been huge. Social media has contributed to market inefficiency It is a widely held view that the internet has created a more […]
The Trader: Working Through Rough Periods
Unless you’re an Instagram trader, set with a laptop by the pool and a Lamborghini in the background, everybody goes through rough patches in trading. It is a fact. So much of this business is uncertain, and ironically people want to get into trading for the ‘freedom’ it provides. But free we are not, and […]
The Trader: A Day In The Life of a Stock Trader
One of the questions I’m frequently asked is how I structure my day. Time is a trader’s most important currency because sometimes it can be the first person eats, the second person goes hungry. Being alert and organised is the key to performing well. My day starts early compared to most at 04:45. Before I […]
The Trader: Knowing Your Market
We have covered many aspects of trading in previous articles, such as Why You Should Be Using R, Exit Strategies, and How To Avoid Blowing Your Account, and having had conversations with recent traders it is clear that knowing your market in what you trade is a necessary criterion. This article will introduce new traders […]
The Trader: Taking advantage of ShareScope News
In this article, I’ll show how you to set up your news feed in order to get the best out of your subscription. First of all, we need to click “News” at the top of our ShareScope across the main toolbar. This brings up the raw RNS feed that we need to filter and make […]
The Trader: Five rules for traders
A combination of market volatility and being locked in during lockdown has led to many turning their eye to getting involved in the stock market. The failure rate for traders is estimated to be around 90%, and many of the spread bet firms report that 70%+ of clients lose (the real figure I believe is […]
The Trader: How to Avoid Blowing Your Account
The market is moving with extreme volatility in recent weeks. This offers traders many opportunities to prosper and profit, but volatility is a double-edged sword. It can be your best friend one day and your worst enemy the next. Many traders love volatility when the trade is going in their favour, but struggle to deal […]
The Trader: Why You Should Be Using R
R is a component in trading that we use to define risk. It is a crucial aspect of trading systems and by thinking in terms of R we can improve our results. In this article I will introduce to you the concept of R and how to use it for your own trading. It is […]
The Trader: Why the trend is your friend
“It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a wife.” Whether or not you agree with Jane Austen’s opening line in Pride and Prejudice, by the end of this article I hope you will agree with my version. “It is a truth […]
The Trader: Exit Strategies
In April 2017, I had a real nightmare. I had been trading full time on the market for four months and had had enormous success buying bubbley story stocks and riding them upwards. I was convinced that I knew what I was doing. I made all the classic mistakes of complacency, which turned into denial […]
Why mindset is the most important factor
“Nature versus nurture” has been a debate that has raged for hundreds of years. Sir Francis Galton (pictured above), who was a Victorian era statistician and psychologist (amongst investor, explorer, and other disciplines) coined the phrase in his book Hereditary Genius. He had been influenced by Charles Darwin’s Origin of the Species, and so in […]
Cups and bowls
Cups and handles, and bowls, have been very popular with trend traders. These patterns can be powerful as they show sentiment of the stock gradually changing and buyers slowly overpowering suppliers of the stock. This is a classic cup and handle pattern. The cup is the deeper bowl, along with a handle which is the […]
Support & Resistance
Support and resistance are two common concepts when it comes to technical analysis. They are the most basic but also the most important points when plotting levels on a chart. Technical analysis is a self-fulfilling prophecy as many traders and investors look at the same levels on charts, and therefore support becomes support because people […]
Two Technical Analysis Tools You Need: Candlesticks and Volume
We briefly touched on technical analysis in my previous article ‘The Four Stages of a Stock’, and in this article I want to introduce some simple technical analysis components, which, if understood, can provide a lot of clarity on price action in the market. Candlesticks are said to have been invented by a Japanese rice […]