The essentials of tramline trading
In his first spread betting video tutorial, expert trader John C Burford explains some very simple chart-based ideas that can point you towards some nice entry and exit positions on trades.
In my first spread betting video tutorial, I explain some very simple chart-based ideas that can point you towards some nice entry and exit positions on trades.
In this tutorial, I look at an example from the gold market, and introduce you to the concept of tramline trading.
What a tramline is; How to draw tramlines; The smart way to play the markets; The importance of good money management rules; How to read lines of resistance and support.
Once you are comfortable with the concepts discussed in this video, take a look at my second tutorial on tramline trading: Advanced tramline trading
And if you haven't seen them yet, or you would like a refresher, do take a look at my other video tutorials.