Knowledge Centre

what is a trading strategy

What is a Trading Strategy?

A trading strategy is a set of rules by which you trade the stock market. Your trading strategy defines how you trade. Nick Radge, The Chartist discusses his trading strategies. My core strategy in the Australian share market is a trend following model. It’s a breakout model, which means we buy strength, sell weakness. It […]

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how does your trading strategy make money

How does Your Trading Strategy Make Money?

Do you have to know why your strategy makes money? Is there a point when you’ve got to step back and say this isn’t working? You’ve got to firstly and foremost, before you even start trading, understand why your strategy will make money. Okay, that’s the key right there. If you don’t know why your […]

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How to control losses

How to control losses

How do you ensure that it is only a small amount of money you are going to lose? Have you got your stop losses in order before you enter the market? Everything we do is planned in advance, and that planning comes in the format of some kind of a formula, or mathematical equation. So […]

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Andrew Swanscott’s Top Five Tips from his Nick Radge Interview

Trend Following

Nick Radge has been trading since 1985. In this article he explains his style of trading; trend following. You define yourself as a trend following trader. What is trend following and what are some of the benefits of trend following versus other trading styles? The easiest analogy I can come up with for trend following […]

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a passion for trading

A Passion for Trading

A Passion for Trading – Nick Radge learnt a valuable (and expensive) lesson during the stock market crash of 1987. It knocked him out of the game for a while. What led you back into the markets? After 1987 I gradually started working my way into the business; I moved from the back office to the […]

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Trading Setbacks

Trading Setbacks – Financial Markets

Nick Radge has ridden many waves of the financial markets since placing his first trade in 1985. With 30 years of skin in the game, Nick Radge will share some of the crucial lessons that have allowed him to not only survive, but consistently profit along the way. In 1985 you started trading your own […]

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how i became a trader

How I Became a Trader

Nick Radge has ridden many waves of the financial markets since placing his first trade in 1985. With 30 years of skin in the game, Nick Radge will share some of the crucial lessons that have allowed him to not only survive, but consistently profit along the way. In addition to 30 years of trading, […]

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The Lake Wobegon Effect

The Lake Wobegon Effect

The Lake Wobegon Effect is a cognitive bias and is named after a fictional town called Lake Wobegon. It comes from a radio show in the U.S. called A prairie Home Companion and each show finishes with the words, “All women are strong, all children are smart, and all men are good-looking.” The Lake Wobegon […]

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risk management

Risk Management

Risk management, or position sizing, is paramount to the longevity of your career as a trader. The bottom line really comes down to this. The more you bet on a single trade, the more volatile your returns will become. The more volatile your account balance is the greater the emotional roller coaster you will ride. […]

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dick smith

How to Avoid the Next Dick Smith Holdings (DHS)

Our job at The Chartist is as much about helping our members protect their capital as it is about advising them when to enter the market and which stocks they should buy. We constantly monitor trends; the trend of the overall market, the trend of each section of the market such as small caps or […]

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