Betting Pro turning to Financials

[Fortune500]

...and continued to ride the FTSE long today, finally trading out at around 4630. Best day, doubling up and riding the bull! Now a 21% profit since the CMC Markets start.

Admittedly most of it is luck...:clap:

 

[RogueTrader888888]

I find FB ladder confusing as its in constant motion and centralises everything leading to hella slippage. Also, how do you overcome paying £5/roundtrip/lot on the FTSE when scalping, would be good if their rates were a bit more competitive but its a start and good alternative to spreadbetting (I have also heard very many bad things from IG Index, CMC types lately)

 

[Fortune500]

I find FB ladder confusing as its in constant motion and centralises everything leading to hella slippage. Also, how do you overcome paying £5/roundtrip/lot on the FTSE when scalping, would be good if their rates were a bit more competitive but its a start and good alternative to spreadbetting (I have also heard very many bad things from IG Index, CMC types lately)

Yes, that ladder interface takes some getting used to! It definitely jumps around too much. A better solution to that moving price issue is to fix the prices (no scrolling) when the mouse is on the ladder. Simple. (I've now suggested this to FB). Screenshot of the current FuturesBetting interface attached.

Re the £5 roundtrip - yes that is quite expensive. But I measure that cost against the benefit received from seeing the queue of the level 2 data. To be honest, I'm not sure how this service compares to others, except CMC (see posts earlier in this thread for my opinion).

 

[pit pony]

Fair enought I suppose. FutresBetting it is then. 😀

i use Futuresbetting.com, i trade long term and short term depending on the market,of late i have been scalping and fingers crossed have been making some money.

 

[price777999]

I find FB ladder confusing as its in constant motion and centralises everything leading to hella slippage. Also, how do you overcome paying £5/roundtrip/lot on the FTSE when scalping, would be good if their rates were a bit more competitive but its a start and good alternative to spreadbetting (I have also heard very many bad things from IG Index, CMC types lately)

i thought it was 2.50 round trip after you have made 200 trades in a month :?:

 

[candles]

I have absolutely no idea what I'm doing, and am probably lucky to have my money left. I'll continue to watch the markets and learn more, looking for the indicators, but this experience is completley different from my sports betting where the indicators are obvious (to me - I can see what's happening on the pitch and position myself accordingly). I have no armoury of financial indicators, other than reading the press and listening to the marco news.

Intersting. This made me think about the fact that I have NEVER lost at the casino and have been about 30times. I only bet small stakes and win on average about £80 each night i go and risk £40-50 max. I use some basic systems on each game that my dads friend taught me when i was young. Maybe im in the wrong game!!

However, if my trading experience since I started 5 years or so ago was a stock chart, I would feel farily bullish on it, so not time to change tracks yet🙂