Press Articles and Videos
London handles 37% of all global forex trades (tokyo is third, with just 6%). Mike Baghdady, on a great British story
What does Britain do better than the US, that's worth ‚'in one day' what Germany produces in an entire year, and has gained 20% in transactional volume since it was last measured? It's the City of London's share of the global forex market, and it's never been bigger
Another experiment sets out to prove you can be taught to play the markets, says Jessica Mead
DO YOU have to be born a successful trader or can anybody learn how to play the financial markets and make a tidy profit in the process? This debate has divided Wall Street and the Square Mile for decades and in 1984 35 year-old Richard Dennis, a commodities analyst from Chicago, set out to prove that trading could indeed be taught to anybody.
Presenter: So our first guest on the show this morning is none other than Mr Mike Baghdady. Right, put his name in Google, press return and then sit back in amazement because this guy is a big cheese. He is a big cheese in the world of stocks and shares and trading and also training traders. Worked for some of the biggest companies in the world. Well I tell you what… he’s on the show let’s get him to explain everything that he’s done.
Show your talent by trading with £100,000
If you've ever seen a city trader and thought ‚'I could do that‚' now is your chance to prove it - ten people are being given the chance to train as City traders and receive £100,000 each to put what they have learned into action.
All they need to take part is passion and confidence in their own ability. The experiment is the idea of stock market guru Mike Baghdady who claims that anyone following 21 trading rules can be a success. It is inspired by legendary Chicago trader Richard Dennis who in 1983 bet a friend and fellow trader that trading can be taught to anyone following a set of rules.
What does Britain do better than the US, that's worth - in one day - what Germany produces in an entire year, and has gained 20% in transactional volume since it was last measured? It's the City of London's share of the global forex market, and it's never been bigger...
A veteran trader is inviting 10 apprentices to trade the markets alongside him for a year, using his own capital to fund their trades...
Mike Baghdady, the world authority on stock market price behaviour, wants 10 newcomers, who can keep a cool head in the face of big market swings, to trade for him for 12 months from January, keeping a percentage of the profits they make.
Mike Baghdady rates among the leading experts on stock market price behaviour. The Egyptian-born Baghdady began his extremely successful trading career 33 years ago. Since then he has developed unique trading techniques and trading applications which he provides for banks, trading offices, as well as institutional and private traders through his company Training Traders (www.trainingtraders.com). Moreover, Baghdady is a key market analyst, syndicated columnist and financial TV commentator and he won the Frankfurt World Trading Championship last year. In this TRADERS¥ interview, Baghdady talks, amongst other things, about his exciting path to becoming a trader, his trading approach, and his risk and money management philosphies.
As the global economic pick-up trudges along like a dazed hobo, price pressures abound and uncertainty reins. Meanwhile, Britain is practically willing its own recovery with a strengthening pound, healthy first-half bank profits and slow but sure economic growth...