Sep/Oct 2011  As we go to press with your Sep/Oct 2011 issue of YTE, Standard & Poor's has downgraded the United States from its top credit rating. There will, of course, be a number of significant ripple effects for the global financial markets, each presenting an opportunity for astute traders.
It’s a time that requires experienced traders to act with caution; while there are certainly opportunities to trade, money management is as crucial as ever and some traders will choose to continue their education while sitting this round out.
This issue of YTE provides plenty for those wanting to learn from fellow traders about their trading careers; Ben Power speaks to the developer of one of the most widely used technical indicators – John Bollinger – about Bollinger Bands and John’s incredible trading career; Yoni Assia shares his trading life, which started with placing trades at the tender age of 13; and Kel Butcher talks with aspiring full-time trader Eric Grant about how Eric plans to make trading his full-time career after an injury at work.
Also in this issue, Daryl Guppy looks at Aggressive Hedging with CFDs and provides three profit-capturing strategies; and Kel Butcher explores why FX trading continues to be a hot area of interest for traders, giving some insight into the size of this market, stating that “…the average daily turnover in the FX markets has increased from $3.3 trillion in April 2007 to just over $4 trillion in April 2010. This daily turnover is greater than the combined turnover of all global equity markets.” Kel goes on to show how you can make the move from theory to practice as you move to a live forex trading environment (page 42).
We have drawn the winner of our iPad 2 competition. If you joined in the celebration of our all-new digital edition and took out a digital subscription to YTE through our corporate partner www.ExactEditions/YourTradingEdge, look out for an email from us to let you know you’re the winner, or jump online and go to www.YTEmagazine.com to see if it’s you. Until next issue, happy reading and profitable trading.
Chelsea Reid
Editor in Chief – YTE
| The Great Pyramid |  | David Burton explores the trading methodology of WD Gann: pyramid codes.
WWD Gann – the man, his family and his moneyWD Gann’s success was tangible; he kept an office on Wall Street for 50 years, employed nine people...Read More >> |
|
|
| | | Trading FX Moving from theory to practice |  | Kel Butcher shows you how to place your trades and factors you must consider in a live trading environment.
Making the move According to the Bank for International Settlements (BIS) in its April 2010 triennial survey, the average...Read More >> |
|
|
| | | Trading Tax Q&A - Sep/Oct 2011 | | Resident tax expert Adrian Raftery, aka ‘Mr Taxman’, answers readers’ most pressing trading tax questions.
Q: I am thinking about setting up a self-managed super fund. If I do, can I use my super monies to trade?A:...Read More >> |
|
|
|
| In need of good news! | | Michael Pascoe: The Great Restructuring.
Inertia is ordinarily defined as the tendency of matter to remain in the state it is in – a blob at rest will tend to stay at rest, a blob moving will tend to...Read More >> |
|
| | Commodities Corner - Sep/Oct 2011 | | Market expert Aaron Lynch explores commodities markets: on the verge of a breakdown?
The future is uncertain in the commodity space. Are we on the verge of another major shift in commodity prices? Headlines both here and abroad...Read More >> |
|
|
| | | Currency Corner - Sep/Oct 2011 | | Bradley Gilbert provides analysis of the currency market: the crisis continues...
The choppy trading activity we have seen in the foreign exchange markets over the past six months looks set to continue as the two heavyweights battle it out...Read More >> |
|
| | Options Corner - Sep/Oct 2011 | | Our resident options experts, James Cordier and Michael Gross, answer readers’ questions.
Welcome to Options CornerThe primary focus of this column is to address readers’ questions relating to options. All levels of questions are welcome...Read More >> |
|
|
| | | It’s time for a pep talk... | | Louise Bedford on how to develop the lifestyle you’ve always dreamed of.
One thing that has been irritating me lately is stinginess. There’s a heck of a lot of it floating around. If your fist is squeezed tight so...Read More >> |
|
| | Market Snapshot - Sep/Oct 2011 | | Lachlan McPherson provides up-to-date market analysis: Short-term pain versus long-term gain – the best of both worlds.
The past two months have been a joyous time for anyone taking advantage of short-term volatility on the Australian market. Economically sensitive...Read More >> |
|
|
| | | Trading Life - Yoni Assia | | Yoni Assia shares his trading life.
I was a teen trader. While other kids were playing soccer or hanging out in the playground shooting hoops, I was watching CNBC and soaking up tutorials on how to trade the markets....Read More >> |
|
| | Traders Story - Eric Grant | | Get to know your fellow traders: Kel Butcher speaks with aspiring full-time trader Eric Grant.
Originally from Fiji, Eric Grant now lives in the western suburbs of Sydney with his wife and three children. Working shifts as...Read More >> |
|
|
| | | Software Review - Evolve | | Trader OneI’ve never traded CFDs before. Or, for that matter, bought and sold foreign currencies. But after sampling MarketsPlus’ trading platform Evolve, I’m tempted to start.Evolve is not blackbox trading software (i.e. it does not tell you what...Read More >> |
|
| | Book Review - Sep/Oct 11 | | Charting Made Simple – A Beginner’s Guide to Technical AnalysisRoger Kinsky (268 pages, Wrightbooks, ISBN: 9780730375760)Another in the great ‘made simple’ series of books from Australian-based Wrightbooks, ‘Charting made Simple’ fits in well with the style and content...Read More >> |
|
|
|
| Readership SurveyTraders and investors, here's your chance to participate in the 2012 YTE Readership Survey.
The purpose of this survey is to learn more about the YTE readership and how we can improve the magazine. Click here to take part. |
