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Author Topic: Nick Vaughn ftse100-spreadbetting  (Read 57200 times)

Offline DamBuster

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #30 on: February 03, 2011, 11:03:09 AM »
I thought i would share my past and future experiance with this ftse 100 signal service..... EDIT

Karma to you for bringing this system to our attention :)

Offline jamestan1978

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #31 on: February 03, 2011, 11:49:55 AM »
This one really sounds good, but is there anywhere we could find more about Nick? His trading records is only 1 year

Offline badbactim

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #32 on: February 03, 2011, 12:51:09 PM »
there are some nice people on here after all - cheers db

Jamestan - unfortunatly i cannot point you in any direction. All I would suggest is await the full reveiw presently being carried out by systemsfortraders and / or take note of our experiances. However there is nothing to say that past/present results will be emulated in the future, but to be fair, that applies to any system / service.
Today was a none trade day - which looking at the ftse was a good call. I like the non pressure to trade , that helps retain your captial , as the ftse / markets will always be there tomorrow with the possibilty of another trade

cheers

Offline DaveL

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #33 on: February 03, 2011, 12:58:42 PM »
Decision not to trade shows good intent, preservation of equity is as important as making trades and taking too much risk. I'll watch with interest, being UK based and having access to spread-bet facilities it could be a useful add :)
starting over...

Offline DamBuster

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #34 on: February 03, 2011, 02:13:05 PM »
Nick also commented that next week he would start makeing calls on oil... sounds good to me :)

Offline DamBuster

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #35 on: February 04, 2011, 01:41:27 PM »
Following Nicks advice, 50% of this monrings trade was closed manually for an 8 point win while the remaining 50% was closed at a SL of -5 points giving an overal win of +3 points.

So, the first week with this system has yielded -2 points...

Will continue with the months trial

Offline badbactim

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #36 on: February 04, 2011, 04:00:22 PM »
yep , not the best week if you have just subscribed.
I started from the 20/1/2011 so another coulpe of weeks to finish my monthly points total
Iam personally up 98 points in totall, but I do not beleive this would be the officail count, as I have tp early on some occasions ( other work commitments ) and also closed al of trades in stead of advised % tp trades, just my circumstances, nothing to do with the recomendations / signals.
I know Nick is working on a more detailed performance account so it may be easier reviewing that when it available.
I ve never traded the ftse before and Nick advised that the start of every month ( which includes NFP ) is quite slow , so hopefully the next 2 / 3 weeks will show more points to be had  ;)
I think it is also Nicks intention to roll out some oil trades in the next week of so

cheers

Offline Miketheman

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #37 on: February 04, 2011, 04:41:19 PM »
Hiya

I have also been apart of nicks signals since the 14th of january and I'am personally up 157 pips form the 14th january to the current day 4th february so very happy with that.

some of his trades you are told to take % at some prices and other times he tells you to close the hole trade at one price. I did my calculations based on this and Im up a full 157 pips

Offline jubal

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #38 on: February 04, 2011, 04:49:01 PM »
thank you Badbactim for providing another interesting thread.  I'm curious about this and wonder if you (or anyone) can provide some basic information as to how trading Ftse 100 spread betting compares to trading forex.
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline badbactim

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #39 on: February 04, 2011, 05:01:46 PM »
well done Miketheman- thats looking at an avg of 50 points a week, which I think fits in from what originally Nick stated on his past performance.

@jubal - I ve only really traded ( if you call trading by using someones signals , lol ) the ftse with this service
It seems a great deal less volitile . One thing I have been reading up on, I bought a" system" , piptastic, that predominatly trades the ftse, there basis without giving to much away of trading the ftse is based around pivots, s/r levels. I know Nicks system doesnt involve these as I asked him this morning, but I use these in forex and it does also seem to have a good balance with the ftse. Nothing else I can add really on that as I havnet been trading/monitoring it to long

cheers

Offline Nick Vaughn

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #40 on: February 04, 2011, 09:49:45 PM »
Good Day Folks

I didn't really want to post here agin but since there is a lot of questions I thought it would be best to try and address some of the questions and posts. So what I will do first is start of with a little about me and then move on to what I offer.

As you know my name is Nick Vaughn and I have been trading for around 14 years. But I have been doing this full time for around 6 years. The markets I trade are the FTSE 100 and a selection of commodities, I do not trade FOREX as I find that market a very volatile and an amueter hot zone that is manipulated to the highest degree becasue of this. I place my money into zones of market reversals and trend continuations as well as channels.

The FTSE 100 offers me the platform to do this as around the hours of 08:00 - 11am this market is at the mercy of price action formed around company reports and economic releases that can be factored into the 'out of hours' sessions.

My trades are based on price action, level 2 data, futures markets, and the days company reports(the 30 largest comapnies within the FTSE 100).
I use this fundamnetal data in order to place or seek technical analysis points to place trades that I feel have a high degree of sucsess.

My trades normally have 1 or 2 target zones that are carefully calculated with monthly/weekly/daily and in many cased 4 hour support and resistance zones/channels/trendlines and 'price hot zones' using the level 2 order book.

If I don't feel the market has much potential for the day or has no clear direction then I will never give out an alert to buy nor sell. As of this week being the start of a new month this is typical of the stock market to be flat/slow and have no clear direction, as major investors sit on the side-lines awaiting the NFP release. Often the NFP result will form the new months trend and investors will decide to place their money/funds into the stock market or commodity markets and even certian currencies based on the release figure. If NFP produces a worse than expected figure the stock market is often neglected as investors look for safer options. If the NFP figure is better than expected that we can assume the stock market will recevie high demand the following week.

This week has been a break-even week for me which I regard is a sucsess for many reasons.

1: I have preserved market and trade capital during a period of side line trading from market makers

2: My trade managment decisions for my own trading and advice for clients has allowed them and myself to have various traing situations that we tried to take advatge of druing a slow and low volume week but limit any loss to absolute minimum and even formed a break even week. No major loss no gain. Yes this week was a -2 points week, but I regard that as break even.

3: My job is to trade my own funds and recommed trading situations that arise to my clients. My number #1 goal is to make sure that my clients are safe both during a trade and capital management. If I have a winning week thats the best I can do. If I have a break even week I feel I have still done a good job as I limited any down side to the minimum, bare in mind that I'm not a market maker, I can only trade what price does that day or week. If price is flat or slow, this limits the trading potential for the week. If price offers a lot of potential then we will benifit and take advantage, last week was a strong week and we made around 80-90 points, this week has been slow as its the new month leading up to NFP, in this case I have managed to guide my clients to a positon where they have limited any loss and pretty much broke even for the week, I regard that as a sucsess considering we have no control over market movement and have protected capital and past profits.

As I have said at the start my trades will have 1 or 2 targets. If we have 2 target I will sometimes remove some of the position at T1 and the rest at T2.

Of course we all want to be in a world where ever trade we place will return three times as much as we have risked, but let get a few things straight.

1: We do not control the market movements, if ptice does not produce that ratio, there is nothing we can do about.

2: The market will hardly ever offer those situations on a daily basis. In fact we may set an order that offers this ratio, but will have to change trade management options during the trade to factor in current price action and market behaviour that has formed in order to reduce risk or eliminate risk or even take profit early.

If this was a perfect world then yes we could shoot for the three to one ratios or more every time. But unfortunately we don't, and have to make decisions on the spot in many occasions. What I offer is my 6 years experiance in trading this market full time and my full attention and trade management options.

Will all my trade makes the same % that was risked? No they wont, this is becasue I have to read the price action and make decisons to take profits, partial profits or reduce risk based on the action that is in fornt of me me at any given moment.

If I have risked 25 points and we are currently 20 points up and price actions and the level 2 is telling me there could a sharp reversal at this level but potentially move up later on, then yes I will remove 70% and move to entry or lock some extra points in. I don't try to score everyday, my aim is to score every month with profit.

In many cased I will only have 1 target and the full trade size will be left on the table, only particular hot zones and price action will make my decision to close a % of the trade.


I hope this help and answers most of the questions asked here.

If you have anymore you can post and I will answer when I can or email me.


Kind Regards


Nick
« Last Edit: February 04, 2011, 10:10:05 PM by Nick Vaughn »

Offline DaveL

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #41 on: February 04, 2011, 10:54:53 PM »
thanks for the detailed explination Nick, it's reassuring to hear that you want to minimise risk for your clients as well as your own funds :) I guess you've worked out that for many here there have been a number of signal services where some have gotten burned by various fly-by-nights, hence there's a degree of scepticism for the type of service you offer.

Must admit I've not yet looked much at stocks/indices, though I did test run a couple of EA systems I put together against them on one of my demo accounts out of curiosity. I'll certainly watch from the sidelines for a while with interest...
starting over...

Offline Miketheman

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #42 on: February 07, 2011, 10:14:49 AM »
nicks ftse trade today made 35 pips profit full stake size.


Offline badbactim

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #43 on: February 07, 2011, 11:30:48 AM »
yep - nice start to the week +35 points

cheers

Offline DamBuster

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Re: Nick Vaughn ftse100-spreadbetting
« Reply #44 on: February 07, 2011, 12:02:01 PM »
Feels gooooooooooood  ;D

 

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