What really moves the markets?

When spread betting, the way to win is to master what dictates how the market moves.

Most people who start spread-betting the financial markets are full of hope at the beginning of their trading career.

Sadly, statistics show that the vast majority end up losing money (I should know my very first commodity trade was in corn and I lost on that one). But why?

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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.