Trading Diary

Robbie Burns ‘The Naked Trader’ interview

admin — Mon, 28 Jun 2010 09:22:57 +0000

Robbie Burns is a successful trader and author of the best selling The Naked Trader book. His new book The Naked Trader’s guide to spread betting will be out in August 2010. 1. How would you describe your job? What job? It’s more like a hobby I love that also brings me in some money! [...]

Geraint Anderson Cityboy interview

admin — Thu, 03 Jun 2010 05:36:32 +0000

Whilst working in the city Geraint Anderson was the anonymous author of the Cityboy newspaper column. In 2008 he published his first book “Cityboy”: Beer and Loathing in the Square Mile. 1. How would you describe what you currently do for a living? I’m a writer / free lance journalist as well as travelling surfer [...]

Yves Smith Interview about ECONned and naked capitalism

admin — Mon, 26 Apr 2010 06:48:54 +0000

Yves Smith is the author of the successful and highly respected financial blog naked capitalism. She took some time out from her writing to answer some questions about her new book ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism for www.tradingdiary.co.uk. 1. What is your book ECONned about? ECONNED shows how the financial [...]

ECONned by Yves Smith book review

admin — Mon, 19 Apr 2010 06:28:53 +0000

Yves Smith runs the popular financial blog naked capitalism. This is a review of her first book ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism. It puts forward the case that flawed economic theory, and the influential followers of those theories, have played a large part in the economic crisis which started in [...]

Compounding forex winnings to get rich

admin — Sun, 28 Mar 2010 17:09:56 +0000

Many people see forex as a way of getting rich fast. One of the ways they hope to get rich fast is by compounding their winnings. This means they will place a trade, win, and then increase the size of their next bet, using the winnings from the previous bet. This can seem like a [...]

Investment Trends CFD survey results

admin — Fri, 05 Mar 2010 07:54:48 +0000

Investment Trends recently carried out an online survey where they questioned 3236 people from the United Kingdom about their CFD and spread betting habits. They asked the participants about how trading fits into their overall investment strategy, how they decide on what trades to place, and how they have done in the volatile previous 12 [...]

MQL4 helper functions for calculating bar sizes

admin — Sun, 21 Feb 2010 15:17:26 +0000

Here are some more MQL4 helper functions for MetaTrader. You can use them in your expert advisors and custom indicators. The three functions will allow you to quickly get the size of the upper and lower wicks of the candle stick, and also the size of the candle stick body. To use them you will [...]

Simple MetaTrader MQL4 helper functions

admin — Sat, 30 Jan 2010 16:17:07 +0000

Here are some simple functions that you can use in your forex expert advisors and custom indicators written in MQL4 for MetaTrader. If you split out commonly used functionality into separate functions with logical names (as I’ve done here) then you should find that your MQL4 code becomes more readable. If you use these functions [...]

Disadvantages of expert advisors

admin — Fri, 15 Jan 2010 03:36:04 +0000

Following on from my advantages of expert advisors post here are some disadvantages of trying to write and use expert advisors. Curve fitting Because it is easy to backtest expert advisors many times with different parameters it is very easy for them to suffer from curve fitting. Curve fitting means that the EAs are highly [...]

Forex New Year’s resolutions for 2010

admin — Thu, 24 Dec 2009 06:57:13 +0000

1. Write down my plan for each trade before pressing the buy/sell button. The plan will include the reason for why I am doing the trade, the expected profit, the initial stop loss and the expected duration of the trade. 2. Double-check the order quantity before executing the trade. It is too easy to lose [...]