Trading & Technical Analysis

Professional trader makes big bucks from home

After spending eight years in Asia as NAB’s head of trading Doug Goldsmith returned to Australia in 2005 to assist in re-building the bank’s local and global treasury operations following the institution’s $360 million illegal trading and foreign exchange debacle. Six months later Goldsmith put his extensive experience across all products to the test and…

A veteran trader warns against complex systems

Roeland Martin was a 21-year old soldier in the Australian Army when he became hooked on reading books about the sharemarket. “Everyone else spent their spare time boozing,” he says. It was the early 1960s and the share-trading world looked very different to today. There were no charting programs and daily newspapers published just the…

Trader profile – up 300%, but down $70,000 in a night

At face value, foreign exchange (forex) and share trading have lots in common. Whether it’s shares or currency, the aim is to buy when it weakens in the hope of selling when it goes up in value. But as trader Steve Matthews discovered that’s where the similarities end.  What Matthews learnt about forex trading was…