Recent content by bobl boy

Yes this is true they think they are superior but I used to work in a bank and the FX traders there wished they had become brokers because they earned more money in the past so most people in the city where ever they are always think the grass is greener on the other side.The top brokers earn...

Interdealer Broking Interdealer broking was probaly best during the 80's 90's but there is still good money to be made.Alot of people have been saying for years that inter dealer broking was finished because of broker discounts and electronic systems but they have fought back with there own...

You go long one market or month and short another market or month so you are in a hedged position and make or lose money depending on how the relationship between the different markets or months change.

All depends what you really want to be,I would try to get a job in the area you really want to work in from the start because it is hard to move around once you have done a few years in one particular area and only have that experience to offer when going for new jobs.You will probably find it...

Thanks for the reply twalker.Only problem is I have no idea where to start with these energy products eg calendars or not which products etc any ideas on where to learn or what to trade.I basically just want to spread something that you can earn a nice living from that is not too volatile.Thanks.

Does anyone know any derivative products or markets that currently offer good spreading opportunities but are not over saturated with everyone trying to do the same thing like the european interest rate markets and which arcades are currently teaching these strategies.I here that the IPE has...

Ok thanks Jimbo57 is there anywhere arcades etc teaching these strategies.Is there easier money to be made trading on the IPE at present than trading the interest rate markets on LIFFE and EUREX as I would think not as many locals are trading them only the old floor traders and so there is more...

I am currently trading Euribor/Shatz spread but am looking at trading something else in the future which has the potential to earn more income from or as something to trade when Euribor/shatz spread is not trading well.Could anyone recomend a good spread or outright product .I have heard that...

Not a bad idea although I'd be a bit careful with revising old books as the material does change and you may miss bits out by revising old stuff,just some advice.

First decide if you want to be an analyst or a trader they are very different jobs.Unless you have a top maths or economics degree from a top university an arcade is probably your only option to be a trader although they also usually require a degree and as you seem to think it is below you...

Thanks for the reply twalker.It's just I'm trying to decide if the industry is worth the 12 hour days,stress and tough learning curve when all I keep hearing is that it's getting harder and harder to earn smaller and smaller amounts of money.From what I understand those that have been doing...

Yes he earns a huge amount of money although he's an exception really because of his size, I was talking about the average 25 year old at an arcade, any idea what they earn spread trading futures.

Hi everyone, does anyone know if it is possible if you are very good to earn 7 figures a year purley spread trading in an arcade.I've heard the ball park figure is about E100,000 a year,what are the chances of earning more than this trading large size eg 200,300 thousand a year trading the...

Why isn't the number of locals limited as it was on the trading floor or at least relative to the amount of paper.Too may locals trading the same strategies with too little paper is going to make it very hard to earn money.Currently you have to take more and more risk.In the end the risk will...

I may be wrong on this but I think similar.They used to be more so than they are now I beliveve.Although not all locals on the floor were scalpers some were directional traders however alot of them were scalpers.As more and more people are trying to scalp or spread trade the same strategy...