[RogueTrader888888]

180 round trips today on 2-3 lots. i scalp quite a bit (too much).

im in a shop paying relatively small commission so thats ok, my problem isnt that, its beating the bund!!!

[arabianights]

Don't scalp it then

P.S. Can't help but notice it's not been above where it was when I said it was going down I don't trade the bund though.

[gooseman]

that's a fair few RT's in a day. have you thought you might be overtrading?

I think there;s a general problem in the markets (short and long end) in that there is simply no sixe supporting the bids/offers. Because of the thin markets it is too easy to get stopped out....

scalping at the moment seems to me to be a bit of a picking pennies off train tracks sort of exercise....

[RogueTrader888888]

scalping at the moment seems to me to be a bit of a picking pennies off train tracks sort of exercise....

those pennies add up but i can quite easily scalp 3 ticks in and out bid offer getting early in the queue only to have one trade get away from me so quickly and i end up losing 4 ticks.

i am just a bit lost at the moment. the guy next to me wins 300-500 a day but only puts on a few few trades and the ones he puts on when it doesnt go his way he 75% scratches and 15% 1 tick loss and 10% 2 tick loss. but on the other hand he takes 1 tick win 70% of the time and 2 ticks 30% and doesnt ride his winning trades. but it seems to be working for him.

My strategy is that I am OK to be offside 1-2 ticks if charts, levels, indicators look ok (3 ticks gets quite uncomfortable) and i try to go for 5+ tick trades. But it seems to go and stop, then reverse, then again, then offside. The third time its 3 ticks offside and im exhausted and I get out and then it shoots up (or down) the way its supposed to go and blah.

Thoughts on different strategies appreciated.

Lets beat these investment banks at their own game!

[RogueTrader888888]

that's a fair few RT's in a day. have you thought you might be overtrading?

Yes, definetly. I should be doing at least half as many trades as I put on. Need better discipline and wait for the better prices (and avoid tempting to scalp every goddamn bid/ask).

[Mpoufos]

i dont seen anything wrong with 80 trades in the bund. if u are a good trader and recognize a few patterns 80 trades in this market is fair depending on ur style always. on a busy day i do 100 trades for ex. rogue bund is not an easy market dont get dissapointed. u reach into a point where al this madness becomes second nature to u. just try to keep disciplined and develop a flexible style as what it works on monday is useless on tuesday. this market has 1000 faces. and at the end of the day this pain is part of the process we all go through even the best

[RogueTrader888888]

thx for encouraging words. should i be trading ftse, any easier?

i'll stick it out with the bund and try to learn as much as i can, just hope all this learning wont cost my account!

BRING IT ON INVESTMENT BANKS!

[Joey25]

Originally Posted by RogueTrader888888

thx for encouraging words. should i be trading ftse, any easier?

i'll stick it out with the bund and try to learn as much as i can, just hope all this learning wont cost my account!

BRING IT ON INVESTMENT BANKS!

How about sell 112.32 or buy 111.77 ?