easy money trading

It was November 2008 and I was a graduate futures trader for a trading house in the UK. I’d been trading full time for only a couple of months.

The credit crunch was in full force and every day presented new challenges and headaches.

Until Lehman Brothers collapsed I had been doing well. Trading a small account, I was happily bringing in a reasonable £300 a day.

Then, everything changed. People thought the financial system might collapse and the markets went into chaos. The FTSE 100 would drop massively in the space of a couple of minutes.

Then, it would reverse almost as fast, for no other reason than traders being too scared to hold on to their shorts. Read more »


Well after four days of solid gains, stock markets finished in the red again yesterday as the price of crude oil collapsed, dropping 2.4%. I have to admit I didn’t see oil falling as much as it has done. I’ve always been somewhat of a perma-bull when it comes to energy and the dwindling global reserves of the black stuff.

Anyway, I only have one oil explorer in the portfolio so my other stocks will hopefully balance out the volatility. And I was pleased to see $PKG jump over 10% on Tuesday. Read more »