Recent content by J Magoo

This doesn't work, for you to get filled on a profit, you have cue at that price. However, a stop is filled as soon as anything trades at that price. Randy, trading is probably the hardest job in the world. If ideas like this worked, everyone would be a trader because it would be easy. Keep...

I would agree with this. I trade on a trading floor primarily full of very short-term traders. None of them use indicators whatsoever and neither do I. We all use Technical analysis in it's most basic form (supp./Resist/trendlines etc) combined with reading the order book. However, there are a...

could not agree more. Very well put. Stop trying to find a system that makes you money and start learning how to make money.

haha im not too bothered, i rarely trade it (couple of hundred r/t a month). I just asked the guy i sit next to and he said about 1.4. Good enough for me

i trade out of a prop firm in London. PM me for the name

wow that is very expensive TJ, on the S&P i pay USD1.4 i think... its around that, i dont trade too much on CME though so it may be out by 5 cents or so

how much are you paying per R/t sorry?

No worries mate, happy to help out. Are you in Sydney?

SM_1 I doubt anyone is going to tell you their exact set-ups when scalping because if everyone new about it, it would stop working... That is why trades go in and out of fashion... It's good you are trying to find out as much as you can about this. i think you should get the No BS day trading...

Why would you put on your max position before a number? That's gambling, not trading

From Sydney but I moved to London for trading about 3 years ago. I absolutely hate all the algo's in the order book when i am on a bad run and losing money. It must be their fault not mine (don't ever say or think this) haha look the honest truth is that trading the order book is a lot harder...

No worries, always happy to help out another Aussie

It depends on what market you are trading and it depends on the person. Some markets are harder to learn than others. For example the Bund I would say is harder to learn than, the FTSE however, if you can get good in the Bund, you can increase your size substantially more than you can in the...

Who knows, we are getting off topic here... Anyway, to the person who was asking questions about learning, if you can afford it, X-trader is the best thing for you to be learning from. Im sure you can get a simulator account on TT from somewhere? maybe even from TT... If not, there seems like...

here is an article from the last people that tried to violate this patent- FFastfill and Trading Technologies Settle Patent Dispute Over MD Trader™ Technology CHICAGO and LONDON, August 15, 2005 — Trading Technologies International, Inc. ("TT") and FFastFill Plc ("FFastFill") today announced...