Recent content by OrderBlaster

Here is my understanding of UK taxation of futures trading. Please correct me if I am wrong: If a person does not do any of the trading themselves and does not rely on it for income i.e. they have some other job, and they grant 'power of attorney' to someone else to trade their account on their...

I go for 5 pts profit (with initial 5 pt stop-loss) automtically trailing the stop-loss 5 pts behind every new tick. When it hits 4pts paper profit, my stop goes to +0.5 to put me at BE+ commish. The DAX moves too fast to do this by hand, which is why I use NinjaTrader front-end with IB. The...

I think it would be hard to apply a 1 min trade onto a 30 min timeframe. 3 min works best for me in the DAX.

Buying at the Bid and Selling at the Ask is not likely in the real world. It may happen once in a while if you place a Limit order way in advance of the price being hit (FIFO = First in First Out, filling regime). But other than that, forget about it! If you want to execute a trade right away...