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I seriously recommend read as few as possible but practice day and night on every market you can find. So I'd suggest one book on each of the following - chart patterns - Thomas Bulkowski / John Murphy candlestick patterns - Thomas Bulkowski / Steve Nison trading psychology - Mark Douglas...

A simple trading strategy can be learned within 2 or 3 days. You can then demo this for 1 or 2 months and be reasonably competent. Selecting a simple strategy that works via trend-following and by avoiding day-trading should lead to being profitable after 3 months of trading.

Yes, Street Smarts is great for ideas.

What happens to your trading when you have to publish the results of your R&D within the EU?

I have Master Swing Trader but not the Toolkit. Alan Farley's writes in punchy one-liners. He gives a great picture of some swing trading entry tactics but I found that taking these literally leads you to become bogged down 5 minutes later in fine details and unable to ever replicate what he's...

I never set TP's, I always ignore chart resistance in uptrends and support in downtrends. I'm currently trialling SL's at 2 x ATR like @smallfil mentioned above (using ATR20 like the Turtles) and actually, I'm generally looking to pyramid where other traders might be taking profit - as long as...

So many who aspire to wisdom and inner calm seem drawn to live in far mountains. Personally, I'm happy with this.........

My first winning strategy was trend-following. Actually, it found me - I was using chart patterns and swing trading entries and various exotic candlestick patterns. All this was for long-term trading. Results were OK but not as good as I had hoped and they were random so I kept hopping to new...

"Fridge magnets are the Devil's work." - tomorton, 2018

I respect Warren Buffet as a successful investor, businessman and fund manager but what he does is unrelated to what we do.

Dangerous to have a single rigid exit rule, safer to look at the overall context of a position, and this suggests generating a spread of potential exit signals for each strategy. So, for each strategy, you need to identify what the ideal position would look like after entry: the signal is what...

I suppose HMRC send a letter to each CFD firm at the end of each tax year and ask who made a nice net profit, I think £11,700 is the CGT threshold.

This is true, but contract law is always supported in an area of doubt by common basic principles, such as honest representation, absence of coercion etc. But surely even the US Constitution has little to say on contracts between individual parties?

You are misinformed. I think most legal systems operate under the assumption of innocence, meaning that if you wish the verdict to be "guilty", you have to prove the accusation, the defendant does not have to prove innocence.

You want me to read three threads and many pages and multiple posts to find the evidence which you have seen, but you can't even post a quote or a link? Sorry, as I said, I haven't the time to organise your case for you. How do I know how he got your electricity bill? Maybe you posted it on...

You clearly disagree with my points and this is your prerogative if you believe you are wronged and site rules broken. However, you still provide no evidence but expect me to go search it out on the forum to prove your case to myself. Sorry, I haven't got the time if you haven't.

Many thanks. with regards your points above - 1, 3 and 4 don't appear to directly contravene any site rules. If someone posts information which you say is untrue, you can post your own points in reply but you should be prepared to show proof that you are being truthful and he is not. Its up to...

"Hear the words of the wise man with sandals and long beard. Just don't sit near him on the bus......." - tomorton, 2018

Yes I do mean evidence should be provided if a poster wishes another poster to be banned. Evidence should include posts or evidence of actions which contravene site rules and which amount to bannable activities. It is up to the person(s) seeking the ban to provide these. So please go ahead and...

"A wise man awoke one morning. But this day he drank coffee and had a pee." - tomorton, 2018