Trading & Technical Analysis

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…