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My First Successful & Profitable Trading Strategy ๐Ÿ‘

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ram256
ram256
09/10/24

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My first successful trading strategy. Make sure you subscribe because I'm going to cover some failures I experienced. When I started off trading the UK was still behind the USA when it came to barrier to entry as far as trading was concerned. When I started off trading I got into direct market access and I could put in the orders directly into the exchange. A broker allowed me to put in the orders directly into the exchange wrapped up as a CFD. OK.

At that time the FTSE mining companies were moving massively and I remember stocks like Xstrata, BHB Billiton, RioTinto, Anglo American... A lot of these were often moving in synch; I would look at these stocks and pick the 3 that were most moving in synch. Then I would look at the second tier miners; the ones I actually wanted to trade. So I would trade these second tier miners based on the movements of the bigger miners. How would I replicate this in the current market environment? I wouldn't do it on the big exchanges.

#best_strategy #profitable_strategy

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