Anyone scalping the FTSE Futures??

Wrong... stopped out from shorts @6940-50. lol.

Quite a pump.... bear trap!

Re- assess shorts from rez 7000... lets see

Closed out short from 7K... made up for the earlier debacle.

Think 6950 pump or dump.... on this mornings performance could well go 6920 for rinse and repeat... or down 6900.
 
Assume you are very low £wonga per point & very wide stop with this system

You close your orders on 10/14 lost money because of wrong direction and 10/17 goes in your direction....you have to work again for that money
9/29 got wrong direction? Close order 09/30 it goes in your direction, 9/26 to 9/28 .....you get the point


going back 08/01 lost money again closed order
08/05......you're going to get your money back..except you closed the order.
These institutions know traders think on a daily basis.....what they fear is guys who think 2 or 3 days ahead
 
Closed 7004

Well done for not :sick::sick::sick: (y)

6099-darktone-albums-general-4-picture4312-joseph.jpg
 
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I had a similar trade in dax and the only reason I mention it is cos were talking about risk. This particular tarde returned 0.3% on the account, no stop, obviously.

6099-darktone-albums-general-4-picture4314-dax.jpg


If you were in the same position how much heat could your account take before it busts out? Have to admit, id have been in trouble if the dax printed -8940.

Most traders dont see risk in this way, they see it as their entry to stop x size. The problem with this approach is when the fat finger falls itll go something like this.

6099-darktone-albums-general-4-picture4316-le-market.jpg


And if youre like some of the rockstars on here trading 63x acc (no doubt you got all your funds in the acc cos u a rockstar :cool:) and the finger is a humongous great big fat slippery one at the wrong time,,, it could end up like this.

6099-darktone-albums-general-4-picture4320-risk.jpg
 
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You close your orders on 10/14 lost money because of wrong direction and 10/17 goes in your direction....you have to work again for that money
9/29 got wrong direction? Close order 09/30 it goes in your direction, 9/26 to 9/28 .....you get the point


going back 08/01 lost money again closed order
08/05......you're going to get your money back..except you closed the order.
These institutions know traders think on a daily basis.....what they fear is guys who think 2 or 3 days ahead




So true.(y)
 
You close your orders on 10/14 lost money because of wrong direction and 10/17 goes in your direction....you have to work again for that money
9/29 got wrong direction? Close order 09/30 it goes in your direction, 9/26 to 9/28 .....you get the point


going back 08/01 lost money again closed order
08/05......you're going to get your money back..except you closed the order.
These institutions know traders think on a daily basis.....what they fear is guys who think 2 or 3 days ahead

Very good point too (re the direction & being slapped, hard work)

The institutional guys I know play the game in different ways....2 hours within the open of their designated field, weekly etc, so there are no hard fast rules on who they fear.

The long term holders are the real money, but they trade eye watering size.

Totally get your point re the work/point return ratio though.

It's a conundrum
 
Not sure if you boys are copying me or I'm copying you.:LOL:

sharing is caring bro :D :love::love:

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back on t risk n shiz

Heres what 2x vs 63x looks like. Bottom of the blue rectangle is bye bye account. Which one do you think has the best chance of staying in the game?

6099-darktone-albums-general-4-picture4322-2xacc.jpg


6099-darktone-albums-general-4-picture4324-63xacc.jpg
 
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Right or wrong. Swap aside. How many 'wrong' long trades have you closed in the FTSE over the years?

6099-darktone-albums-general-4-picture4326-ftse.jpg


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Αυτός είναι ο λόγος για τον οποίο εγώ lulz στο εμπόριο να κερδίσει αυτές τις ημέρες. Προσπαθούμε να μιλήσουμε για κάτι σοβαρό είναι χάσιμο χρόνου. Γιαυτό θεωρώ Pis είναι προσβάσιμο από περιστασιακές willy σαν pip, πωλητές γενικά έναν σκληρό χρόνο ή να σχεδιάσετε αστείες εικόνες για την 'είμαι μπάλες expert έμπορος' 7 FOMOs του κόσμου. Αν im gona πάρετε τίποτε άλλο από το εμπόριο να κερδίσει θα πονόλαιμο από γέλια τόσο σκληρά στο νοβ τελειώνει σαν το nero1 και του αρέσει. Ουφ, νομίζω ότι ήρθε η ώρα για διάλειμμα. Δώστε μου ένα υπόλοιπο :)
 
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Oil continues to be an influential variable in the current panorama of the equity markets. Yesterday, crude oil closed at 49.20 (-1.60%), a particularly volatile session, on the day the Energy Department showed a drop of oil reserves (-553 thousand barrels), against the predictions and calculations published on Tuesday by the American Petroleum Institute. Gasoline reserves suffered a higher decline than estimated.
 
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Αυτός είναι ο λόγος για τον οποίο εγώ lulz στο εμπόριο να κερδίσει αυτές τις ημέρες. Προσπαθούμε να μιλήσουμε για κάτι σοβαρό είναι χάσιμο χρόνου. Γιαυτό θεωρώ Pis είναι προσβάσιμο από περιστασιακές willy σαν pip, πωλητές γενικά έναν σκληρό χρόνο ή να σχεδιάσετε αστείες εικόνες για την 'είμαι μπάλες expert έμπορος' 7 FOMOs του κόσμου. Αν im gona πάρετε τίποτε άλλο από το εμπόριο να κερδίσει θα πονόλαιμο από γέλια τόσο σκληρά στο νοβ τελειώνει σαν το nero1 και του αρέσει. Ουφ, νομίζω ότι ήρθε η ώρα για διάλειμμα. Δώστε μου ένα υπόλοιπο :)[/QUOTE]

Whats that you wrote? Its all Greek to me. :|
 
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Αυτός είναι ο λόγος για τον οποίο εγώ lulz στο εμπόριο να κερδίσει αυτές τις ημέρες. Προσπαθούμε να μιλήσουμε για κάτι σοβαρό είναι χάσιμο χρόνου. Γιαυτό θεωρώ Pis είναι προσβάσιμο από περιστασιακές willy σαν pip, πωλητές γενικά έναν σκληρό χρόνο ή να σχεδιάσετε αστείες εικόνες για την 'είμαι μπάλες expert έμπορος' 7 FOMOs του κόσμου. Αν im gona πάρετε τίποτε άλλο από το εμπόριο να κερδίσει θα πονόλαιμο από γέλια τόσο σκληρά στο νοβ τελειώνει σαν το nero1 και του αρέσει. Ουφ, νομίζω ότι ήρθε η ώρα για διάλειμμα. Δώστε μου ένα υπόλοιπο :)

Whats that you wrote? Its all Greek to me. :|[/QUOTE]

Come on postie... 7 FOMO's.... as in the 7 forexmosperians (apologies to Akira Kurosawa)
 
Morning - this is how early doors is looking to me...

ftse sp 6970 Rez 7k for starters.. might get a fake 7k+

Thinking sp 6950, if cable strengthens/oil weakens. Break of 6940= 6920

lets see - market ranging atm so great for bull and bear traps lol
 
Morning - this is how early doors is looking to me...

ftse sp 6970 Rez 7k for starters.. might get a fake 7k+

Thinking sp 6950, if cable strengthens/oil weakens. Break of 6940= 6920

lets see - market ranging atm so great for bull and bear traps lol

Expect dax to get cheaper today.....board the plane before it sky rockets
 
Yesterday, the earnings season reached its mid-point, as 50% of the constituents of the S & P already submitted its quarterly accounts. Until yesterday, about 73% of companies surpassed analysts’ forecasts and about 61% did the same concerning revenues.
 
Lets name and shame your bucket shop that cant cope with GMT time changes.

INTERTRADER !
 
Morning,

ftse sp 6970-80. Think we might have a pop at 7k rez. Keeping an eye on oil..

if oil gets sold looking sp 6950. Neg US sp 6920-30.

Narrow range for now...

US election will make market gyrate.. not good for trend followers lol

Possible pump into US election and Sell off after US election.....so what? Position by selling into strength. Lets see how we get on. Could be wrong as always but I detect a lot more caution...
 
The beginning of this week should be particularly intense because beyond corporate news, European investors are faced up with the electoral campaign in the United States and the difficulty of OPEC in achieving a consensus on the reduction of production.
 
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