Well, I've been looking at this thread as well as the FTSE 100 scalping and actually managed to double my money in around 1 week. It's a fantastic result for a beginner like me.
Now, don't get jealous, my account is still tiny (under £1000).
One thing I noticed, scalping with tight stops is really hard work. I prefer swings much more.
I am really grateful for all the tips / pointers / comments etc. Keep up the good work !
This is the trading history, if anyone's interested. I had a birthday bonus there - a free bet of £5 per point.
Transaction Date Ref. No. Action Description Amount Open Period Opening Closing P&L Balance
16/09/2011 16:29:46 4871269 Trade Receivable UK 100 - Daily Rolling Future -1 16/09/2011 16:14:39 5353.5 5343.3 10.2 606.4
16/09/2011 15:51:49 4869771 Trade Receivable UK 100 - Daily Rolling Future -1 16/09/2011 15:42:26 5350 5335 15 596.2
16/09/2011 12:04:15 4862134 Trade Receivable UK 100 - Daily Rolling Future 1 16/09/2011 12:00:02 5353.3 5353.3 0 581.2
16/09/2011 11:15:53 4860947 Trade Receivable UK 100 - Daily Rolling Future 1 16/09/2011 08:50:08 5336.5 5346.5 10 581.2
15/09/2011 15:19:32 4848149 Trade Receivable UK 100 - Daily Rolling Future -1 15/09/2011 15:07:52 5336.5 5336.5 0 571.2
15/09/2011 12:53:48 4842435 Trade Receivable WALL STREET - Daily Rolling Future -1 15/09/2011 12:37:13 11236 11236 0 571.2
14/09/2011 16:11:49 4828032 Trade Receivable UK 100 - Daily Rolling Future 1 14/09/2011 15:12:45 5207.3 5207.3 0 571.2
14/09/2011 12:33:07 4819711 Trade Receivable UK 100 - Daily Rolling Future 1 14/09/2011 09:32:37 5154 5232.5 78.5 571.2
13/09/2011 16:45:15 4804365 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 14:43:03 5123.8 5164.8 41 492.7
13/09/2011 14:27:09 4799279 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:54:12 5095.5 5136.5 41 451.7
13/09/2011 12:51:04 4796419 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:47:44 5095.5 5095.5 0 410.7
13/09/2011 12:46:31 4796202 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 12:24:39 5096.3 5100 3.7 410.7
13/09/2011 12:21:15 4795167 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 09:06:37 5087 5087 0 407
13/09/2011 10:11:39 4791240 Trade Receivable UK 100 - Daily Rolling Future - FREE BET 5 13/09/2011 09:57:35 5067 5088 105 407
13/09/2011 08:52:51 4787969 Trade Payable UK 100 - Daily Rolling Future 1 13/09/2011 08:04:16 5141.3 5091.3 -50 302
13/09/2011 08:02:07 4785845 Trade Receivable UK 100 - Daily Rolling Future 1 13/09/2011 08:01:21 5167 5167 0 352
12/09/2011 16:28:56 4779285 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 15:30:52 5110.8 5117.8 7 352
12/09/2011 15:01:13 4776199 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 11:05:59 5083.5 5123.8 40.3 345
12/09/2011 11:03:17 4768568 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 10:35:47 5082.3 5082.3 0 304.7
12/09/2011 10:33:58 4767725 Trade Receivable UK 100 - Daily Rolling Future 1 12/09/2011 07:28:31 5085.3 5090 4.7 304.7
09/09/2011 14:37:37 4745810 Trade Payable UK 100 - Daily Rolling Future 1 09/09/2011 14:29:55 5253.8 5233.3 -20.5 300