There are two ways to learn to trade the markets:
Jump in with both feet and hope for the best.
Or, approach it in a methodical and structured manner.
Depending on which you choose, determines the success and the length of time it takes.
Unfortunately I chose the first. A classic case of learning on the job.
And boy, did I suffer for it.
After more years in the trading wilderness than I care to remember, I did become profitable, but wasted a lot of time.
This blog, Tradeneophytes.com is the result of all that, and my sincere wish is to help the newbie avoid all the mistakes I made back then.
Why is this blog different?
Before I started writing this site I literally spent years reading blogs on retail Forex and CFD trading.
As a trader of primarily Stock Index CFDs, I discovered there's actually very little out there in the way of CFD content.
Get off the first couple of pages on Google, and it quickly dries up.
CFDs are not legal in the US, which cuts down there appeal; but that still leaves the UK, Australia and Canada, where are all the CFD trading blogs?
Content out of the UK leans towards broker websites, the standard of which is high, but not exactly unique.
It would've been nice to read from real traders with real experiences, rather than just service providers.
Then I started researching the Forex blogging community.
As expected there is much more out there in the blogosphere on Forex, some of which is really good.
However, I'm more than a little peeved at the number of pop-up ads, and requests for emails I have to wade through before getting to actually read any of it.
Besides the main FX news and broker sites, much of what's written for FX traders takes a very salesy approach.
It has a heavy skew towards selling trading courses, which makes me wonder, are these sites really system vendors in disguise?
There's nothing wrong in making money from a website, my problem with these sites is that they're content is far too generic and lack any personal point of view.
Beginners need to hear of actual mess-ups, blown-up accounts, and mistakes real traders make, rather than just a slew of techniques that could easily have been copied from any basic Forex Trading book.
Which brings me to Trade Neophytes.com
The trading techniques I use aren't exactly new, but I do tend to trade in a way that I feel is my own.
For example, I don't use trendlines, I don't follow trends, and I rarely short.
If you've become a little jaded with what you're reading, or aren't happy with your current trading approach, then you might find my simple bare-bones style of trading refreshing.
And it's my sincere promise that on this blog you'll never face a pop up ad, or a hustle for you to buy my trading course.