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Forex traders in the UK - keep in mind that if you trade via a spreadbetting platform, you will not be liable for tax. You won't even have to declare your winnings on a tax return.

Being short here is aggressive but I don't say its a wrong tactical decision. Depends on your time horizon for trends and for trend-following positions. But how is the channel constructed?

Your posts are too short. (especially on rational thought)

Nature makes the world pretty. But people make it interesting.

This is true but in the very short-term correlation only. I'd say the correlation is more helpful as an indicator of turning points in market risk tolerance - when risk tolerance changes, all markets respond simultaneously. After that point, they all make their own journey, though many major...

This whole spotting tops and bottom thing is an ego-serving distraction.

There is no profit in calling tops or bottoms. What to do at the price levels we're at right now is surely dependent on your holding time horizon. If you hold company shares and expect to sell them in decades from now, there is no reason to sell this week. If you're trading shares or taking a...

Really interesting data, thank you. Some of it is very surprising. However, it isn't exactly rational to expect people with irrational basic philosophies of life to make rational decisions on scientific questions.

If you start focusing on traps you will inevitably conclude that the big institutions are out to get you personally. This includes your own broker. This will lead you towards second-guessing your own analysis, over-sized positions and revenge trading. At this point it has become personal and...

Good observation. Its a fallacy that some investors have which is that because all stock indices consistently rise over the long-term, then so do individual stocks.

Agreed. (I never short the US indices. Staying in cash and going hiking is the better option.)

I would have to ask what you mean by a long-term investment. For me that should mean an investment with a holding period measured in decades, not years: plus one which you can will to your children. Shares have the advantage of paying a dividend which you can cheaply re-invest into the same...

Crypto may turn out to be the right answer to a vital question with regards fiat currency. But that's not why it was created and there's zero evidence so far in its favour in this regard. Right now there are only two groups backing it - privileged anti-establishment whiners and crypto...

The 20, 50 and 100EMA's remain in a bullish sequence, the 50EMA still slopes upwards, price remains above the 50EMA, the swing low of 19/08 remains unbreached with no close below. However, the last week's range overlaps with the previous 7, so the trend has definitely stalled. But its too soon...

A great way to lose money would be chasing r:r. This leads to efforts to reduce risk by using tight stop-losses and to increase reward by setting TP's further and further away. There is another way of looking at trading which should avoid this trap - look on trading as a means to increase your...

I just knew you were going to say that.....

All correct of course. I hate to see intelligent people with hard-earned money being taken down blind alleys by brokers, trainers and pundits and soundly mugged at the bottom end. However - how does this affect me? Does it make my trading less profitable or more profitable? Harder or easier...

I'm not sure this is a very practical rule in intra-day trading but its certainly a guide to look for in longer-term trend-following. The 50EMA has no intrinsic value, it is just a useful yardstick for the individual trader. A trader could use an SMA or the 49EMA or the 51 or the 21 or the 73...

This is correctly said, but what I had more in mind was converting new traders to using defined and named patterns as danger signals, not entry signals. Pin bar would be my No.1 choice. But I would add almost all the well known reversal and break-out signals.

I'm more and more strongly thinking that TA patterns have two good uses and neither is as an entry signal. But if you are in a trend-following position you could use an adverse TA pattern as an exit signal: or of you want to be in a trend-following position, avoid entering when there is an...