Recent content by mcdoma

Hi All, I hope you can help with this question. How do you work out the ratio of contracts to trade when putting on a Bund, Bobl, Schatz butterfly trade?

One of my mates works there so I have no problem with access. I'll provide some feedback tomorrow.

TT are trying to develop an automated tool for scalping. In fact I'm going down to their office this afternoon to do some demo work for them. Did you know that TT are willing to develop anything that you require?

Sorry for the ignorance, but what technicals / fundamentals should I be looking at to calculate this ratio?

Does anyone know a website where I can lear to trade the schatz v's bobl spread? Or perhaps someone would like to tell me how to construct the trade? Any feedback would be much appreciated.

Sahil - this firm probably starts with an M or a S? I know two who have left M and they have had no problems.

Who do you work for?

I have rung around and I'm seeing a few people this week about renting a desk. Costs are - desk rent GBP 2,100 (this is for use of TT, CQG, Reuters, 3 screens, access to Eurex, Euronext.liffe, CBOT, CMW, and Matif). Collateral - min GBP20K Commission charges start at Eur 0.88 perround trip...

Blairlogie - quality lol

Thanks for all your help twalker. May I ask what arcade you use?

Just to clarify, do the arcades charge transaction fees based on the number of lots you trade or the number of trades you make. For example buy 1 lot, sell 1 lot - is the charge GBP1 or Buy 25 lot, sell 25 lots - is this also GBP1?

I'm thinking about becoming a professional trader and I'm looking for some advice about trading arcades. How much collateral do you have to put up? How much is the desk rent pcm? Is this a good option for a trader with limited experience (1 year)? Any feedback will be much appreciated.