Eoin’s most recent service marks a first for our business – on two counts.
First, it provides currency trades (amongst others). Eoin sees a lot of opportunities in the forex market right now given the political upheaval and fragile economic state in much of the western world. That provides canny traders with the chance to make a lot of money.
Second, Southbank FX uses leverage. As you’re probably, aware, that means any gains or losses you make will be magnified. Eoin uses leverage when trading his own money. He’s been extremely successful at it. If leverage makes you feel slightly uncomfortable, rest assured that Eoin is nothing if not cautious. He limits the amount he can ever lose on a trade by using stop losses. Southbank FX also incorporates short selling – where you bet on the price of an investment going down.
After starting the service in June 2017, Eoin has taken positions in, amongst others, the EUR/ GBP exchange, gasoline, a mining company and a cryptocurrency.
Eoin’s rationale behind these trades is the same as that in his other (unleveraged) trading service, Trigger Point Trader. He looks for a story… a ranging market (i.e. moving sideways)… and a catalyst.
Here’s an extract from Eoin’s report, which you’ll receive for FREE by taking out a no obligation 60-day trial to Southbank FX:
My perfect trade looks like this:
- I know exactly how much I could lose before I start, by using a stop.
- My potential profits could be at least double what my potential losses are (a win lose ratio of 2:1)
- There’s a clear catalyst to attract capital to the position in our favour
- A clear plan for when to exit as the trade is exhausted
This is exciting, high risk stuff. But by taking a methodical approach, you can make a lot of money by spread betting. You just need to know what you’re doing – and Eoin Treacy certainly does.
Full information about Southbank FX will be available shortly. Please check back here tomorrow.