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Want to know how the city really works?

I read this book on holiday. It was something of an eye opener regarding the behaviour of some city traders.
I have to admit that some of it didn't suprise me much since I've known for a while how corrupt and greedy the city can be.

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Spread Betting - History

Financial spread betting was once the financial tool of a select group of city traders. This financial phenomenon introduced to the city just 40 years ago by a man called Stuart Wheeler has made many on the right side of the spread huge sums over the years.

Global sell off left markets staring into the abyss

23rd February 2009

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Still little progress in my Forex trading

Well my dabbling with Forex has been up and down with only a very minor (£20) gain to show for my efforts over the last month.

I guess it could be worse since most novices lose money to begin with.

However, the markets have moved into increasingly choppy territory and once again I'm having to leave trading on the shelf.

moved onto Forex with mixed results

Since November I've left the stock markets alone because there's been no discernible direction to it all and I consider myself to be a trend-oriented trader.

However, for the best part of this month I've been trading the Forex markets looking for short-term (24-48hrs) trend continuation patterns.

Please please please give me a trend I can work with

I'm doing my best, keeping an eye on the news, half watching the direction of the markets, periodically looking to see if any trends become apparent - and what do I get?

Chaos!!!

The markets are bouncing around more vigorously than a Hollywood divorce lawyer.

So, what can one do but sit right down and think!!!

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