Recent content by techMark

Funny you should mention ETFs, because I've recently been taking a look at them. The Ishares IFTSE100 in particular (ticker ISF). This is the FTSE tracker, of course. Trouble is, it daily trading volume @ between 400K and 6 million is pretty low - too low to be a better bet than futures...

That is tax evasion. If you are resident in the UK your earnings are taxable.

$5,000 rather than $50,000 for a single es contract. Just a slip of the keyboard I would guess. Very tasty all the same!

Ed Downs has been doing quite well for the last couple of weeks or so. But don't you think that has a lot to do with the fact that he has reduced his entry stop loss to only 10 points. His record was fairly appaling before that when he was on 25 points s/l. In any case, what you see at...

Can I suggest a change please sharky. The easiest way to do well in this competion is to wait until Friday to place your bet. This way a player should definitely get 1 point for direction and also has much higher odds of getting the +5 bonus. Doesn't seem fair to those who predict 5 days in...

Here's a 1 minute chart of the MMA of yesterday's ES action. It shows some perfect examples of how this can help with market direction and trading. Note in particular the period between about 17.00 and 18.30 where the MAs are tightly converged indicating agreement between short and longer term...

Here's something which might be interesting enough to add into your thinking. I was skimming (no pun intended) through a couple of books I read when I was first getting into trading and rediscovered the Guppy MMA. I have never used this as a trading method but rather as an indication of where...

There's not one that always leads I don't think. The Nasdaq is stronger or weaker than the Dow, the SOX is sometimes stronger than the Nas or sometimes weaker. Often one leads the other - it depends. Sometimes the SOX breaks miles before the others and sometimes it gives no indication at all...

US index futures Splurge

You hit the nail on the head Riz and it'll always be that way. In order to be a profitable business they need the majority to loose. So they will adjust their dirty tricks strategy to balance profitability/customer churn rate. My girfriend has been trading the Dow Cash with Fins for pennies...

Chartman, we all have respect for you, but I can't understand why you defend spreadbetting. I would like to bet, as most reading this thread are betting men and women, that almost everyone lost money in their spreadbetting accounts last week. And if you couldn't make money last week with all...

Hi Options, agree with you about using SB to sharpen your skills, trying to 'beat the bias' can actually be a valuable skill later on when anticipating what your indicators are going to do soon. But I hope that everybody realises that they are a revenue stream to the SB companies in exactly...

Hi guys, I've been through the the same thing with spreadbetting. Forget them. The next move is to open an futures account and trade e-mini S&P and e-mini Nasdaq contracts. There is an e-mini Dow but the volume is too low so far to be safely traded. The trading opportunities have been great...

This thread is intended for the exchange of ideas on how to use stop losses effectively and profitably. For me they are both my friends that save my bacon and my enemies that rob me of my well-deserved profits. I’m trading e-mini s&p and sometimes e-mini nas if I think it will produce a bigger...

Another point about tax and spreadbetting. The IR may want to tax the profits of professional spreadbetters because they would like to see it as a business activity. Given that almost everyone looses, there must be professional spreadbetters who can use their losses to pay less tax. Anyone...