Learn to Trade – Stocks & Forex
Our aim is to help you learn to trade and to develop into a consistently profitable trader. Trading is fascinating and a true challenge. The rewards from learning to trade stocks & forex successfully are enormous and trading gives people the opportunity of financial freedom, it is a hugely popular past-time and highly sought after vocation.
We aim to provide you with a series of resources that you can use to develop your knowledge and skills in the trading arena, and use to navigate around those potholes.
Just browsing? Browse through the many free trading resources on this website.
Learn to trade from home as a pro trader – Trading Courses and Trading Academy
Expert Analysis to help you learn to trade stocks & forex
Day Trading (intraday trading) review and analysis
Interested in day trading Indices or Forex? Read our regular review of trading opportunities, chart patterns and market price formations on Forex and Indices. The trading techniques that we use are relevant to any market. We highlight possible entries, exits, targets and stop placements to help you learn to trade any market.
Markets spend 70% of the time at least in trading ranges so learning how to [...]
We have three day trades to review for you from this morning. One trade was [...]
Two mornings and two very different trading conditions on the DAX index over the last [...]
Learn to trade – discover your Trading Edge with our on site Trading Library
Trading Candlesticks – Are these the secret to understanding price action? Will they help you learn to trade? Which are the most useful Candlesticks to learn?
Trading Chart Patterns – Do chart patterns predict future price movement? What are the meanings for the different shapes and how do you trade them? How to use Trendlines and Support & Resistance levels?
Learn how to trade Flags, Triangles, Double and Triple Tops, Head and Shoulder Tops, Channels, Wedges, Pipes, J Patterns.
Trading Indicators – Do trading indicators simplify trading or are they lagging and unreliable indicators? What do they mean? How to use them? Which indicator to use?
How to trade using the most popular momentum and trend following indicators:
Trading psychology, systems – learn to trade blog & news
In this part 7 of our Trading Secrets series we are going to discuss the [...]
In this part five of our Trading Secrets series we look at how to supercharge [...]
In the last part of this trading secrets programme we discussed how our perceptions are [...]
Break through the jargon. You just want to trade, right? Discover your options and which markets may suit your budget and objectives in simple terms (no advice given, no credit accepted). Learn how to access the markets and find markets to trade.
The best route to market for you will depend on the type of trading that you want to do, the capital that you have at your disposal, your objectives (capital appreciation and/or income generation) and whereabouts in the world you live.
- Stocks in play – These are individual company shares that tend to be fairly volatile – they are moving regularly during the day, thus giving the trader something to trade. Examples are the likes of Apple, Amazon, Barclays, Facebook Etc
- Indices – Baskets of individual company shares. Such as FTSE 100 – UK, Dow Jones Ind- US, DAX – Germany, CAC – France
- Forex – International foreign exchange markets. Currency pairs like EUR/USD, GBP/USD, AUS/USD
- Commodities – Gold, Silver, Oil, Coffee, you name it!
What type of product or trading vehicles are available to trade?
- Futures – Markets derived from stock indices, commodities and Forex.
- Options – Markets that enable you to trade contracts involving options to buy or sell assets rather than the assets themselves.
- Single Company Shares – Like Stocks in Play.
- ETFs – Exchange Traded Funds. Standalone funds that track indices etc
- Spreadbetting – Offers the functionality of trading with the opportunity of using a small initial outlay. IG are the UK largest spread betting broker.
- Direct Market Access – Direct access to the financial exchanges where stocks and assets are traded.
- CFDs – Contracts for Difference. A wrapper for trading markets without owning the assets directly.
Take advantage of your natural edge over the markets
There is one major advantage that a home based trader has over the market. You decide when to enter and when to exit your trades.
Even if your trading system wins only 50% of the time you can still make money! This is your primary edge over the market.
Whatever system you use in your trading, particularly as you learn to trade, make sure that it takes advantage of this edge.
The key to successful trading is to take a small risk with a view to gaining a much larger reward.
Learn to trade with a positive traders equation.
The 2 fundamentals to successful trading
Being good at trading takes dedication and a little time. Two things that we must do in order to be successful with our trades is to have a system that gives us an edge over the market. The second thing that we must do is to stick to that system.
We can help you with both of these aspects.
Know how to judge the market phase and you will know what type of trade suits that particular market. Learn to trade with an arsenal of trading weapons at your disposal.
Grow your account with time tested Money Management systems that suit your attitude to risk and your trading capital
Learn the 10 Psychological Biases – Here is an example of two traders trading the same market and shows how things can go right and wrong depending on your psychology.
Trading psychology – In trading psychology plays just an important a part as the systems that traders use.
Four stages to becoming a Consistently Profitable Trader
Where are you in your development as a trader?
Learn to trade stocks & forex with Anthony Beardsell
In 2010 I quit my job and decided to start living my life on my own terms. I wanted to earn a living doing things that I enjoyed, have time to myself to pursue my hobbies and spend time with my family and friends.
Trading certainly fit all of this criteria for me. It was exciting, challenging, I could trade as and when I had time. It had been in my mind to day trade as a home based trader for a while, I had been trading my own funds and managing others money successfully for 20+ years.
I doubled my money in less than 12 months – just the beginning
I had been working in financial markets for over 20 years, managing other people’s money as well as doing my own trading on the side. I was training and coaching teams of financial advisers and also had experience of with fund and wealth management in my last executive role. In 2009/10 I doubled my investments trading the Stockmarket bounce after the financial crisis in 2008.
I set about learning the art of shorter term trading, day trading as a professional. For me this didn’t mean doing it full time. I had my business to run and I loved the work that I was doing training and coaching others. For me it meant learning what the professional traders did, how they traded and emulating them when I was at my trading desk.
100% financially self sufficient
My primary aim was to develop a stream of income and capital gains to enable me to be 100% financially self sufficient and to boost my meagre pension (sound good to you?). With the experience that I now have in trading I define this aim as becoming a Consistently Profitable Trader.
Learning to trade
The main trouble that I experienced in my learning path was the lack of quality material out there. There seemed so many options, so many different methods of trading and no single resource to explain it all to me. I read dozens of books, took trading courses from so called expert professional day traders, joined live trading webinar rooms and lost money as a result. Each trader seemed to have a different spin on trading, used different methods and none of these methods were consistently profitable for me.
Eventually I began to get a grasp on how markets worked, how price moved and which technical indicators would be effective for me. Gradually I began to piece together all of the information that I had gathered over my introductory trading period. Hundreds of hours of study and thousands of tips, methods and charts. Gradually I began to turn losing trading days into winning trading days. Losing periods into winning periods. Until I eventually began to trade profitably consistently.
Modelling the professional traders
My moto is: if you want to excel at something then you must find out what the best in the business are doing and do those things yourself.
Through working as an NLP Master Trainer I had learned the art of modelling. I set about modelling some of the most successful traders in the business. I interviewed them, I worked with them. I eventually discovered that they all did certain things, approached trading mentally in the same way. Plus I learned their trading systems and how they managed their trades.
Become a consistently profitable trader
I started trading profitably with one system and then another and then another. I applied what worked for others to my own systems and compiled a set of systems that worked consistently for me. I developed a set of rules for my systems, if-then statements that can be applied to different markets at different times.
It is my aim to share all that I learned about Day Trading and Swing Trading with you in a way that makes sense to you and provide a resource that you can come back to again and again as you develop as a trader. Most of the information is free and I hope that you get good use from it.
I have also developed a premium (paid) option for those of you interested in becoming a Consistently Profitable Trader. Our Day Trading & Swing Trading training course provides full details of the trading systems that work for me and how you can apply them to suit you as you develop your own trading style.
Trading isn’t about finding hidden treasure. There isn’t one system that works every time and for everyone. Copying exactly what others do will lead to losses. Trading is tricky. It takes dedication and hard work to become successful (what profession doesn’t?). However earnings are unlimited in trading, the freedom is exquisite, for those who make it the lifetime rewards are well worth the effort.
Learning to trade for me started as a challenge and became a passion. I hope to share some of that passion with you over these web pages.