Trading notes from Andrew Collins

Andrew2018

European markets are now finding support after a better day for Asian markets and the US. We have the advantage of the year end fast approaching and the mid term elections in the US will soon be out of the way. The major issues and headwinds that markets face are only going to get worse in my view and I believe we are in for considerably more volatility which in many respects for me is a better type of market to trade in. If we get a period of range bound trading which seems more likely now rather than a market that is trending higher it can make for a productive period of trading.

I got my next trade away yesterday and I am hoping the market will retain most of its gains today and possibly move a little further ahead tomorrow which will give me a chance of achieving my target. I am not going to post details of actual trades until after they are completed so that anyone reading this does not copy the trade after it has been done. There is always the risk that the trade goes wrong or something changes and they will not know what I am doing. I will publish full details of my trades after they are completed and I will discuss the stocks I am looking at before the trade is done. Any followers will of course be able to see what I am doing in real time.

TRADING BIO: I have been a professional money manager in London for over 25 years and trading my own funds simultaneously. Unlike many popular traders, I have a very different approach to my trading and focus almost solely on risk management and fund longevity. Another difference is that I don’t trade indices, forex, commodities or glamour stocks. My focus is on cyclical UK FTSE 100 blue chips where the leverage of CFDs and spreadbets allows you to take advantage of the more predictable and staid price action. Trade volumes are low so as to minimise costs paid away to the market, often a significant drain on performance for a trading portfolio. At any one time I may be studying around a dozen such equities but unlikely to be holding more than one position I don’t profess to get it right every time as markets and information changes which can cause movements that you simply cannot predict. What I try to do is manage my risk with small enough position sizes which also provides the potential to diversify when conditions are right to do so. I keep strict stop losses to avoid damaging my account when positions go wrong. It is much better to get stopped out and revisit the position than continue holding and hoping! I like the concept of true copy trading as it allows Followers to see the true activity of a trader’s account and make honest and accurate decisions. By taking a lower risk approach and trading in modest sizes my intent is for any Follower to be able to use their ‘multiplier’ to gear up my trade sizes if they personally wish to scale up the trades in search of higher returns.

Risk Warning

Trading Futures, Equity CFDs, Options, Forex Exchange and Spread Betting involves the use of leverage and carries a high level of risk to your capital, and is not suitable for all investors. Only speculate with money you can afford to lose. Trading or placing any bets can result in consumers incurring liabilities in excess of their initial stake. Please ensure you fully understand the risks, and seek independent advice if necessary. You must be aware of the risks and be willing to accept them before commencing trading. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy or Sell any investments. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Please be aware that hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown or discussed on this site.

Trading Futures, Equity CFDs, Options, Forex Exchange and Spread Betting may not be suitable for everyone. All speculative trading involves substantial risk as well as a potential for profit. In order to trade successfully you must be financially and psychologically prepared to accept losses. Only risk capital, that is, money you can afford to lose, should be used. The risks associated with trading Futures, Equity CFDs, Options, Forex Exchange and Spread Betting are substantial. A stop loss may not limit your losses to the amount intended. In fact, you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position in the stock index futures market. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the required funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. This brief statement cannot, of course, disclose all the risks and other significant aspects of the stock index futures markets. You should therefore carefully study Trading Futures, Equity CFDs, Options, Forex Exchange and Spread Betting before you trade.

Andrew2018

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