The LCG Blog

Light and informative stories from LCG and the world of online trading.

CFD trading is high risk and may not be suitable for everyone.

3-4-2019

The 3 biggest factors for choosing of broker
The 3 biggest factors for choosing of broker   Especially when you first start trading, but even as an experienced trader there are 3 boxes that any online broker should tick. There are many considerations for your choice of broker. These might include tradi… Read more

1-4-2019

Client sentiment and the use of data in trading
Data is a bit of a dirty word at the moment. The Cambridge Analytica and Facebook scandal has put a spotlight on consumer data and forced every one of us look carefully at how our online data is shared. But what about the use of data when it comes to trading? … Read more

29-3-2019

The Basics of Harmonic Patterns & Harmonic Trading
Harmonic Trading is a way to analyse financial markets by recognising specific price patterns and the alignment of Fibonacci ratios to determine potential reversal points. This methodology assumes that trading patterns or cycles, like in life, repeat themselv… Read more

27-3-2019

How to Avoid Chasing the Market
Chasing the market – jumping in after a market has already made a substantial move in one direction or the other – is a common way traders come unstuck. It is one of those “classic trading mistakes” that professional (winning) traders religiously avoid. A Com… Read more

25-3-2019

Moving a Stop-loss to Protect Profits in Winning Trades
Once a trader has executed a trade, and it becomes profitable, his primary goal is to keep as much as the profit as possible. The last thing a trader wants is to see profits drop, vanish or turn into a loss. To prevent this from happening, the trader can move … Read more

21-3-2019

Pros & Cons of CFDs
What are CFDs? CFDs – short for ‘Contract For Difference’ are a popular form of derivatives trading. The word ‘derivatives’ can have some spooky connotations – weren’t they what caused the financial crisis in 2008? Yes and No. Complicated structured products … Read more

15-3-2019

Three Ways to Set Profit Targets
Learning how to wisely manage and exit trades is critical to trading success. Unfortunately, it is a skill often neglected or overlooked. This article will give you three solid strategies for setting profit targets. How many times are traders confronted with … Read more

12-3-2019

Japanese Candlesticks to spot market reversals
Candlestick reversal patterns are one of the most commonly used technical trading signals in forex trading. While they do not represent a magic bullet to forex trading millions, over time candlestick reversal indications have been found to be an often reliable… Read more