Financial Trading Advice From City Index's Sandy Jadeja

LONDON, July 26, 2011 /PRNewswire/ --

Sandy Jadeja, Chief Technical Analyst at City Index (http://www.cityindex.co.uk/), is widely recognised as one of the financial trading industry's most respected technical analysts. Here, calling on his 24 years of international market experience, the spread betting expert discusses the key ingredients in successful trading.

Many traders find it hard to accept a loss and learn from it, and Mr. Jadeja believes this holds them back in terms of trading success. "Flexibility and the ability to admit when one is wrong are two of the most important traits for the trader," states the technical analyst. "Society does not reward you for being wrong, but trading does if you are flexible enough to change an incorrect position."

Mr. Jadeja also points out the value of recognising one's knowledge is limited. "Know that you don't know everything. Always remain open to opportunities, stay flexible to adjust your position if necessary and never risk everything on the one trade that you believe will be the mother of all trades."

Above all else, Sandy Jadeja believes simplicity is the foundation of financial trading success. "I am a strong advocate for keeping things simple. I don't believe that the markets are random. I believe that you can use simple tools to extract regular profits from the markets. I only use simple trading techniques to compliment my belief on keeping it simple. Whenever I use complex strategies I lose money and when I use simple strategies I have made money."

Sandy Jadeja frequently runs seminars on technical analysis for beginners from City Index's London offices. To find out more and to sign up, visit http://www.cityindex.co.uk/learn-to-trade/seminars.aspx

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index:

Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through City Index trading platforms.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

SOURCE City Index

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