de | cn | ru

Brokers News

Michael Owen: Five Tips for Great Sportsmen and Traders

Just a week ago we told you about the wonderful campaign Celebrity Trader by top UK Forex broker City Index and tried to guess who will be the next renowned public figure to try to get their best at trading and raise some cash for charity causes. An exciting piece of news is that the Celebrity Trader for this month is (drums, please) Michael Owen, the famous football player who is also known for his passion for horses. 

 
While making his way through the field of online trading, helped by City Index experts, of course, Michael Owen decided to share his insights into the things that sportsmen can learn from traders and vice versa. And here are his top five tips on what makes a great footballer and a trader.
 
1. Discipline.
 
Many people are good at different fields but they can actually succeed if they apply discipline in their efforts and show some work ethic.
 
2. Work under Pressure.
 
The key to success is the ability to remain calm under pressure. In football, the case is often that the bigger the game, the bigger the need to focus. Successful businessmen and football players are those that make great decisions even under high pressure.
 
3. Determination.
 
There will always be obstacles but smart people know how to overcome those and find a way around. Regardless of the problems, the successful sportsmen don't give up: they want to be the best  and have the necessary determination to get what they want.
 
4. Strategy.
 
It's important to have a strategy. In football, the players have to know who they are playing against, how to beat them and how to implement that strategy. The same goes for trading.
 
5. Learning from Mistakes.
 
The ability to learn from past mistakes is crucial. One needs to analyze past mistakes, see where he went wrong and try to beat that in the future. At the same time, one should analyze his strong sides too and learn to improve them and build on them. That's what Michael did – he has a lot of speed as a footballer and has sought to make use of this.
 
 
 You can watch a video about the tips on this page
 
 
 
To see whether Michael Owen manages to stay true to his own words and to be a successful trader, keep up with his trades here. He is raising money for three charities close to his heart: Alder Hey Children’s Hospital in Liverpool, Manchester Royal Eye Hospital and Prostate Cancer UK. At this point, his trading is profitable and we hope that he succeeds in his endeavours. 
 
 
 
 

About City Index

 
City Index is a leading provider of spread betting, CFD and Forex trading, regulated by the Financial Conduct Authority (FCA) in the UK. After being established in 1983, the company has grown and now employes more than 400 people worldwide in offices not only in the UK, but also in Poland, Singapore, China, Israel and Australia. The company offers its proprietary trading platform Advantage, which comes in a downloadable, web-based version and as an app for mobile devices. MT4 is also in the lineup. With a single trading account you get access to all of the platforms.
TAGS: michael owen  city index  city index forex broker  forex trading  uk forex broker  football  soccer  forex trader  trading tips  celebrity trader  charity  tips  advice  online trading  football player 

More news about City Index

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

#FBS2020: FBS Gives Away Lucky Gift Boxes In A New Year Promo

Dec 09 2019 14:36:59

As many companies out there, FBS broker finishes off its year with a New Year promotion for its clients. At the end of 2019, they are offered to create a fancy Thank You e-card for their loved ones and get a gift box full of nice surprises. Read more

Trip For Pip: FBS To Launch A Quest Game For A Trip To London, Tokyo, Or Dubai

Oct 29 2019 14:09:54

FBS broker starts its new marketing campaign, and it has already attracted many eyeballs on social media. The promotion is called “Trip for Pip,” and it is very engaging for several reasons:    a) it’s playable;  b) it features a dream trip for two as the main prize. Read more

HYCM tops the list of brokers with highest percentage of winning clients

Oct 23 2019 12:12:59

The importance of choosing a reliable broker is paramount to trading. Most traders have given a serious thought to the security of their investments and these concerns are increasingly common in this highly competitive market. Read more

FXCM expands its crypto offering with CryptoMajor baskets

Oct 14 2019 14:49:01

  Major forex broker FXCM Group enhances its CFD offering with the launch of CryptoMajor- cryptocurrency baskets, which will allow its clients to trade in to multiple digital assets in one go. Read more

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

de | cn | ru