Two regulators, two hemispheres and a rulebook that now looks remarkably similar. Here is where they match and where they still differ. For years, Australia was seen as the more permissive home for retail CFD trading, with leverage far above what European and British traders could access. That changed in March 2021, when ASIC’s product…
A detailed trading journal sounds like a mark of seriousness. For most retail CFD traders, it’s more likely to teach you to trust noise. The problem isn’t recording what happened. It’s treating a handful of trades as evidence that Tuesdays, red candles, or a particular mood predict what happens next. A journal can help you…
Trailing stops are widely sold as the disciplined way to “let winners run” while locking in profit. I think that advice is often backwards. On a strong ASX or commodity trend, a trailing stop set too tightly does not protect the trade—it ejects you from it at the first normal pullback. What everyone believes The…
Most traders do not need more indicators on their charts. They need fewer excuses for taking trades they cannot explain. Stacking RSI, MACD, moving averages, Bollinger Bands, and whatever else is currently popular does not create better confluence. In most cases, it creates the appearance of independent confirmation from several tools that are all processing…
Most beginner traders are told to start with a few hundred dollars, trade tiny positions, and “learn the ropes safely.” It sounds responsible. It sounds patient. It sounds like the opposite of reckless gambling. I think the advice is fundamentally misleading. A very small live CFD account often does not teach risk management. It teaches…
ASIC’s 2021 leverage caps were sold as a retail-trading safety measure. They were not. They made regulated Australian brokers less attractive to the traders most determined to take outsized positions, then left those traders to seek the same leverage elsewhere — often without the protections that made domestic regulation meaningful in the first place. What…
