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FTSE future for day trading and scalping

This is a discussion on FTSE future for day trading and scalping within the UK Indices forums, part of the Indices category; I am looking to trade FTSE future (opposed to FTSE cash). Would like to share tips and strategies. I am ...

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Old Apr 29, 2009, 6:54pm   #1
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FTSE future for day trading and scalping
I am looking to trade FTSE future (opposed to FTSE cash). Would like to share tips and strategies. I am starting at 7.00a.m tomorrow!
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Gotta do your own homework! You trade at your own risk. Come to your own conclusions. Its all about opinions and mine probably doesn't count for much!
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Old Apr 29, 2009, 7:23pm   #2
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Originally Posted by bennie83 View Post
I am looking to trade FTSE future (opposed to FTSE cash). Would like to share tips and strategies. I am starting at 7.00a.m tomorrow!
Maybe if you scan the forum first you might find a couple of threads.
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Old Apr 29, 2009, 7:34pm   #3
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I'm guessing you're spreadbetting.

Why trade the future when cash has a tighter spread?

Why start at 7 if it opens at 8?
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Old Apr 30, 2009, 3:15am   #4
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choc

if yopu dont know the difference perhaps you shouldnt be trading
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Old Apr 30, 2009, 4:12am   #5
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difference between what
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Old Apr 30, 2009, 4:13am   #6
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There is a Daily Future that is calculated by the company and has no relation to the monthly future.

I don't know why they do not use a daily cash, but they don't. This future has a different price level but moves point for point with the cash the difference being that it closes at market closes and does
not roll over. This is an advantage for anyone who is not watching the afternoon trading and does not want to trade overnight.
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Old Apr 30, 2009, 4:28am   #7
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Thanks Split,

...still don't get why you would want to trade it instead of the cash

or start at 7
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Old Apr 30, 2009, 4:34am   #8
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Futures
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Originally Posted by choc13 View Post
Thanks Split,

...still don't get why you would want to trade it instead of the cash

or start at 7
I think he means direct access trading in the real market.
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