How it worksWe primarily trade currency pairs and the US S&P 500.
The number of trades varies each day. We tend to see more currency trades than S&P 500 trades because of the volatility of currency pairs. These signals will be posted on the website, emailed and sent by text message (please ensure you give your mobile phone details to receive texts).
If you take our 2 week free trial you will have access to trades via the website and email. The text message service is available when you purchase a plan.
The message will incorporate an order as described below.
At Trading Edge we use a spread betting company called Finspreads. The reason is simple. In the United Kingdom if you trade through a spread betting company all profits are TAX FREE. All orders are quoted in an actual price i.e the Rolling Spread (this used to be a SPOT price but it has caused confusion with broker spreads).
Spread Betting Examples
Example 1: US S&P 500 rolling spread
Open Long (Buy) @ 950 Stop (3pts) @ 947 Target (10pts) @ 960
Place an order for £20 a point. Buy @ 950. Stop @ 947. Target @ 960. We are aiming for 10 pts (£20 per point) to the target @ 960.
Example 2: EUR/JPY rolling spread
Open Short (Sell) @ 133.50 Stop (18pts) @ 133.68 Target (60pts) 132.90
Place an order for £6 a point. SELL @ 133.50. Stop @ 133.68. Target @ 132.90. We are aiming for 60 pts (£6 per point) to the target @ 132.90.
Example 3: GBP/USD rolling spread
Open Short @ 1.4400 Stop @ 1.4470 (70 pts) 1st Profit target (50pts) 1.4350 2nd Profit target (100pts) 1.4300
Place a trade for £3 a point with your 1st limit to £1.50 and your 2nd limit to £1.50 (£1.50 to the 1st profit target and £1.50 to the 2nd profit target).
These are three trades we have taken and won.
Strategy You don’t want to lose all of your money if the first few trades go against you. Start each trade with a small amount of money only risking (½% to 1%) of your total account. As your account grows so will your stake (the amount per point you place on each trade).
Have a look on our Past Performance page for an example.
A little at a time is the best policy. We have seen what happens when people get too greedy. They lose everything! |
