Recent content by mark_varney47

  1. M

    Looking Options trading position

    I am an ex FX Options trader, that is looking to get back into trading ,after spending 10 years doing Risk management for large trading banks in London.Does anybody have any ideas where I can start to look, as all recruitment firms are not interested, after such a long absence from trading...
  2. M

    City Network:

    I would be keen too Do you guys still meet up.If so,I would be keen to meet.Mark:lol:
  3. M

    City Network:

    Do you guys still meet up?? I'm located near Barbican and would be keen to meet up.:lol:
  4. M

    OEX Condor Backtesting Spreadsheet

    Profittaker, My breakeven is at 5242 on the downside, not bad when the market is trading at 5460 level as we speak.The reason I have the futures order is in case of a large move against me, that stops me adjusting my position as I would want.I will get filled at this level on the futures but...
  5. M

    OEX Condor Backtesting Spreadsheet

    Sounds similar to mine Hi, This strategy sounds very similar to my strategy on the DAX. Sold Jan06 5300 Call Bought Jan06 5325 Call Sold Jan06 5350 Put Net Credit = 108 points Downside hedged with order to sell Mar06 futures if market gets down to 5250.
  6. M

    Automated forex trading system

    Hi Varna, Unfortunately, I don't have a MT4 demo account.How can I access your system without it?? Thanks, Mark
  7. M

    Automated forex trading system

    Hi Varna, I trade a basket of currencies and would like to test your system.Get back to me and let me know how to contact you. Many Thanks, Mark
  8. M

    Anyone heard of Wallwood???

    Hi, Has anyone on here heard of a FX trading firm based in London called Wallwood.Apparently they have been going about 4 years, and have averaged a return of 19% per year, with very little drawdown.What surprises me though,is that they are only managing $10million of money.If you were as good...
  9. M

    Interviews Technical Analysis Trend Following: An Interview With Michael Covel

    Cool article.This is exactly how I trade myself.
  10. M

    Does Technical Analysis really work??

    The reason for my original question was, that I work for a Derivatives trading firm and we have a lot of independent traders trading their own money.They all swear by technicals and look at every indicator under the sun, but very few of them make consistent profits,maybe 10%.I think that as they...
  11. M

    Does Technical Analysis really work??

    So does it really work?? Or is it just trying to find a reason to justify a trade?? For me, when I have spoken with Technicals they have always been rather vague about what might happen at a certain point in time.Sure ,they are all 100% accurate when they look at historical data,but what about...
  12. M

    Trailing Stops

    Hi , Does anyone know if there is a broker that will let you put on a position in futures, and then move your trailing stop each day. I know of brokers that let you put on a guaranteed stop when you do the trade, but not of any that will let you adjust it every day. Thanks, Mark :lol:
  13. M

    Trading the SPX

    Joules, I see the SP trading between 1160 and 1185 for next two weeks. I currently have a spread trade on in May 05options: Short May05 1175 calls Long May05 1185 calls Short May05 1160 puts Price :Credit of 15.80. Where do you see it going for May?? Mark Varney :lol:
  14. M

    Software for Futures and Options

    Hi, Does anyone know of good software for charting futures and options on CME,CBOE,CBOT,NYMEX and Euronext.I have seen that Metastocks,Tradestaion and Wealth-Lab seem to be the main ones.However, I have also read that all have quite severe failings with regard to what traders expect. Thanks...
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