The essentials of tramline trading

published 26 August 2011

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.

I explain:

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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.

See all my spread betting video tutorials here.

John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.