I’m often asked about my strategies on intraday trading. Intraday trading is fun but incredibly difficult. And whilst it often looks cool in films with all the screens and flashing lights and plenty of action, the reality is somewhat different. The failure rate of intraday traders (individuals who engage in short-term trading within a single

I’ve written extensively about breakouts. Breakouts are a popular strategy used by traders in the financial markets. It involves identifying a price level at which the market is expected to break out from its current range, and then entering a trade when that level is breached. Why does this work? Because the price breakout from

Michael looks at the indices after a spate of bank collapses that rocked financial markets. Worries about contagion and banks failing caused the markets to take a lurch downwards. Or did they? Am I making it up after the fact? The truth is nobody ever knows and it’s easy to say why something moved after

Consider Wandisco. It’s a software company that specialises in providing data management and replication services for businesses. The company was founded in 2005 and is headquartered in San Ramon, California, with additional offices in the UK, India, and Poland. Wandisco was listed on the London Stock Exchange’s AIM market in 2012 and has been a

Michael looks at what the recent all-time high in the FTSE 100 means for traders and two trade ideas On Wednesday the FTSE 100 hit a high of 8,002. This is an all-time high and the holders of blue chips and dividend stalwarts alike will have been cheering. All stocks have rallied in the last

Following on from my last article where I discussed intraday trading, it makes sense to write about swing trading. Intraday trading sounds glamorous and for this reason, it gets a lot more attention. Tell people you’re a day trader and people will hang onto your every word. But tell people you trade long-term trends and

Many people like the idea of day trading: being able to open and close a trade within a few minutes, banking a nice profit, and doing nothing for the rest of the day. Unfortunately, that’s all it is. An idea. The reality is somewhat different. Yes, you can close a trade in minutes (and even

Michael takes a look at some of the profit warnings announced in the last week and how they could’ve been avoided.  It’s been a quiet week in the first trading week of 2023. But the profit warnings are out in force, with Bidstack, Angle, and Heiq all seeing a share price whack. Profit warnings are

2022 has been a whirlwind year. After 2020 and 2021, it was inevitable that we’d need to pay for the disruption Coronavirus caused. And John and I were saying it repeatedly on our podcast (which relaunches in the New Year!) – we just didn’t know when. After all, you could’ve sold and gone to cash

Another week passes and more takeover bids appear. This time for K3 Capital (K3C) and Crestchic (LOAD). And whilst takeovers are never terrible news, the majority of shareholders (at least the ones who voiced their sentiments on social media) appear to be disgruntled. This is because both the bid prices of the two companies in

It’s beginning to feel like we’re well into this bear market. Stocks are no longer looking like easy shorts. Many stocks have already bottomed and are trending upwards. As I said in my last article – I don’t know if this is the beginning of the new bull market. And I still don’t need to

Michael looks at the price action of the indices over the last few weeks and includes two potential breakout trades. US stocks had their second-best day in history this week. The indices have continued to rally since I last wrote two weeks ago. Many UK stocks have seen uplifts in their valuations too. The market