Anyone scalping the FTSE Futures??

[tar]

I will post a full report of my method at a later date - but too busy at the moment making money

 

[metrader]

long dax at 9500

 

[metrader]

long dax at 9500

stop at 9485

 

[metrader]

stop at 9485

closed at 9529 +29

What a difficult day - it took me ages to hit my daily target

 

[Dinos]

U got a link for his thread

http://www.trade2win.com/boards/gen...-daily-profits-losses-show-tell-new-post.html

On reflection, a live call is the better option, than the viewing of statement of activity, here, your "heads on the block", you state your position good or bad.

 

[SuddenDeath]

http://www.trade2win.com/boards/gen...-daily-profits-losses-show-tell-new-post.html

On reflection, a live call is the better option, than the viewing of statement of activity, here, your "heads on the block", you state your position good or bad.

thanks

 

[counter_violent]

While we're sitting waiting, this is a quality read!

http://www.independent.co.uk/news/p...ublicity-stunt-leaves-him-hungry-9930135.html

Yeah, well said

 

[nitrader]

So - back on Demo today.

Go long Dax at 9499 - forget about trade - walk around the office drinking coffee,
back to desk to see I am +50 points.
Hold that thought.. now only +25 points

I am not sure what I am learning on demo, except that I am crap on live!

 

[Dinos]

Short DAX 9530 (non system trade), very tight stop 9535

 

[Dinos]

Short DAX 9530 (non system trade), very tight stop 9535

Exited the whole position for +10, as (non system trade) I wasn't prepared to structure out an exit

 

[Dinos]

So - back on Demo today.

Go long Dax at 9499 - forget about trade - walk around the office drinking coffee,
back to desk to see I am +50 points.
Hold that thought.. now only +25 points

I am not sure what I am learning on demo, except that I am crap on live!

For whatever reason you took the live call @ 9499, it matched the criteria you had set to enter a trade, that says you are doing something right. Perhaps backtest that system, and then move forward with an acceptable Risk/Reward and maybe a trailing stop and walk away from the trade and let it pan out. If you can get R/R of 1:5 to 1:2 with a 50% success rate, your a winner.

 

[nitrader]

For whatever reason you took the live call @ 9499, it matched the criteria you had set to enter a trade, that says you are doing something right. Perhaps backtest that system, and then move forward with an acceptable Risk/Reward and maybe a trailing stop and walk away from the trade and let it pan out. If you can get R/R of 1:5 to 1:2 with a 50% success rate, your a winner.

I have looked back at my trades since last week (55 trades with a win ratio of 65%) so IF I can sort out my R/R I will be much happier!
It does prove the old adage that the win ratio is not as important as the profit!

 

[Dinos]

I have looked back at my trades since last week (55 trades with a win ratio of 65%) so IF I can sort out my R/R I will be much happier!
It does prove the old adage that the win ratio is not as important as the profit!

65% is good, get the R%R sorted, you'll have a winning strategy and you should be away matey.

 

[itspossible]

Bit bored waiting for US open, so had a read of a thread about showing trading statements rather than doing live calls, Kudos to Mr Fox, a walking money maker, amazing consistency and wonderful bottom line, banked over £5k today on DAX & FX and thats not a one off.

i believe it 2

 

[Dinos]

Long DAX @ 9465.... Stop 9455

 

[Dinos]

-10

 

[metrader]

This PA is most likely caused by tonight's FOMC statement etc.

I'll leave it till tomorrow

 

[postman]

Just your average everyday trading pattern.
Its not like the prices are being manipulated up in a linear fashion for a prolonged period of time is it? :whistling

 

[inzimam]

i just need this to get to 9600...

 

[SuddenDeath]

RIO/BLT both down 2.4%+ in London. looks fake

RIO is now UP 3.4%

BLT +0.7%

and taken FTSE from minus 90 to unchanged