UNITED KINGDOM'S

ONLY EDUCATED TRADERS SURVIVE INSIDE : TRADINg LIfE

UNITED KINGDOM’S

Edge Trading Your tHE MaGaZiNE for traDErs & iNvEstors iN CfDs, stoCKs, oPtioNs, fUtUrEs, forEX & CoMMoDitiEs

EURO zONE DEbT CRISIS

what it means for the gbP

Sep/Oct 2011 www.YTEmagazine.co.uk

‘TheNaked Trader’FREESeeinside fordetails

ENERgY OPPORTUNITIES

Nuclear’s future

JOHN bOLLINgER

On bollinger bands and his incredible trading career

GBP 4.95 EUr 5.65 UsD 8.10 CaD 7.85

volume 1, No. 5

0 5

7 7 1 7 5 9 2 0 0 0 0 3

9

fULL TImE wORk TO fULL TImE TRADINg

How Robbie burns made the move

EvolvE sof twarE rEviEw | 7 stEPs to sPrEaD BEt tiNG sUCCEss

Chelsea Reid Editor in Chief – YTE UK A

s the world stock markets face an increasing crisis, some will find opportunities to convert volatility into a profitable opportunity, while others will sit this round out in an effort to preserve capital. Either way, continuing to build on your trading education is essential.

In this issue’s Commodities Corner Ben Mountfield takes a look at thorium as a nuclear energy source and its possibilities for traders; and in Currency Corner we welcome Christopher Vecchio, who joins David Rodríguez to look at the effect of the euro sovereign debt crisis on the British pound (page 18). We also welcome Harry Booth, who shares a plan for spread betting success in ‘Seven steps to a spread betting strategy’ (page 40). YTE’s Ben Power speaks with trading legend John Bollinger (page 32) and we also speak with Robbie Burns, aka ‘The Naked Trader’, about how he made the move to trading full time by creating multiple revenue streams combined with low-risk trades (page 46).

United Kingdom - PO Box 65848 London EC3P 3FP Phone: +44 (0)20 7173 5071 Fax: +44 (0)20 7173 5146 Australia - Suite 10, Ground Floor, 7 Narabang Way BELROSE NSW 2085 Phone +61 2 9486 3622 Fax +61 2 9986 3575 South East Asia - 37th Floor Singapore Land Tower, 50 Raffles Place SINGAPORE 048623 Phone +65 1800 627 5387 Fax +65 6829 7276 Copyright ©2011 Your Media Edge Pty Ltd. (ABN 69 134 074 936) ISSN 1327-5801 The information contained in YourTradingEdge (published and online material) is based on information that is believed to be accurate and up to date at the time of publication. Neither Your Media Edge Pty Ltd (“YME”), nor its Directors or employees give any warranty of reliability or accuracy and readers should rely on their own assessment and inquiries. With respect to third party material published or referred to by YourTradingEdge, such material is published or referred to for information only and neither YourTradingEdge, YME nor any of their staff, warrant its accuracy or reliability. Information contained in published and online material is intended to be of a general nature and is not intended to give financial or investment advice. It is recommended that specific advice be sought prior to acting on any matter contained herein. The opinions expressed in this magazine are those of the authors, not YME, unless otherwise stated. The publisher has the right to reject or omit from publication any advertisement or part thereof. All material in YourTradingEdge is protected under the Commonwealth Copyright Act 1968. This published or online material may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable form without the express written permission of YME. ______________________________________________ For all advertising enquiries, please email advertising@YTEmagazine.com or call +61 2 9486 3622. EditorialSEP/OCT2011VOLUME1NO.5 Edge Trading Your

With this issue of YourTradingEdge UK Magazine, we are pleased to announce the launch of our iPhone and iPad app (simply visit the iTunes store and search for YourTradingEdge UK). You might want to:

• log in and read online via our corporate partner www.ExactEditions.com/

YourTradingEdgeUK; or • download our free YTE UK app from the iTunes store; • or head to www.YourTradingEdge.co.uk and subscribe for 12 issues (24 months). Those who choose to subscribe for 12 issues will also receive a free copy of Robbie Burns’s ‘The Naked Trader’ – 3rd edition).

Until next issue, happy reading and profitable trading (and proceed with caution).

www.YourTradingEdge.co.uk ______________________________________________ YourTradingEdge UK is published by Your Media Edge Pty Ltd.

Editor in Chief - Chelsea Reid Email - chelsea.reid@YTEmagazine.com

Executive Chairman - Paul Schlusser Chief Executive Officer - Gary Aitchison Graphic Design - Steve Flory Sub Editor - www.edit.co.nz Chief Technical Officer - Neil Ramsay Chief Financial Officer - Jim Anderson Sales and Marketing Manager - Shayne Achurch Subscription Manager - Kathy Colling

4

YOURTRADINGEDGE UK

SEP/OCT 2011 SERIOUSSERIOUSABOUTYOURFOREXTRADING?

DISCOVER A SERIOUSLY POWERFUL PLATFORM UPGRADE TO TODAY

NO DEALING DESK NO COMMISSIONS OR PLATFORM FEES TIGHT SPREADS UNLIMITED STRATEGY OPTIONS

Best Online Broker

Contact us: international@tradestation.com | 02031785134, 02031785132

This material has been issued and approved by TradeStation Europe Limited, authorized and regulated by the FSA in the UK and an introducing broker to TradeStation Group affiliates. No investment advice or solicitation to buy or sell securities is given or in any manner endorsed by TradeStation Europe Limited or any of its affiliates. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss greater than your entire investment; therefore, y o u s h o u l d n o t i n ve s t o r r i s k money t h a t y o u c a n n o t a f f o r d t o l o s e . Fo r f u r t h e r r i s k d i s c l o s u r e s v i s i t www.tradestation.com

2 011

t radestation-international.com

TRADE AT THE TOP