A TRADER'S LIFE

Clive Arneil - trading at the sharp end for half a lifetime

Jul 29, 2024
Clive Arneil, a veteran trader and founder of The Sharp End trading room, shares invaluable insights from his decades-long career. He discusses the psychological challenges of trading, especially on tough days when red numbers loom large. Clive emphasizes the importance of risk control and his blend of mechanical and intuitive strategies. He reveals favorites like oil and gold while highlighting the supportive community within his trading room, designed to mentor both novice and experienced traders. His journey from engineering to trading shows a passion for teaching and a balanced life.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

From Ship Fitter To FX Broker

  • Clive started trading in 1985 after a friend invited him to join the industry and left his engineering job.
  • His first role was brokering pound-dollar and his first trade was half a million pounds per point, which felt enormous to him.
INSIGHT

Pick Your Trading Position

  • Traders fit different roles like football positions: front (high-adrenaline), midfield, defence.
  • Know which role suits your temperament before copying high-risk styles that burn you out.
ADVICE

Use Multi‑Timeframe Confirmation

  • Use multi-timeframe alignment: check weekly, daily, then lower timeframes before entering.
  • Prefer simple tools and your own strategies over complex indicators that only lag price.
Get the Snipd Podcast app to discover more snips from this episode
Get the app