efficiently priced markets = low volume and low volatility. doesnt matter what market you trade or how you trade it. the percentages of you getting it wrong are higher and increasing. sports betting and other avenues of scope are for more lucrative and in all honesty more interesting. even if you are making money in trading its got to be the most boring watching paint dry occupation there is at the moment.
Sports betting?Not sure if I agree there.The only overall way to be a good bookie in the long term is to be a bookie yourself, and at odds obviously less favourable than the outcome chance-No good " laying" on betfair as those odds are to high to lay. Boring?I agree there- Sometimes feel as if wasting my life/working week staring at a order book for 9 hours a day.However, now I am position trading, I will no longer need to spend so much mind dumbing boring time in front of the screen.
So the whole financial world and global economy comes to a rest to wait for a " no change " ECB decision and yet another dull press conference or wait for NFP?I dont think so, either your a newbie or extremely ignorant.
Eurostoxx yesterday did 1.7m by about 4.30pm and had 100 tic range which was great. Today was always going to be an on hold day.
I thought the stoxx was pretty good today. 2 way traffic,only traded in relatively small size but am pretty happy with the outcome.
Correct. The EUROSTOXX moved, which I agree was good.However, the BUNDS were just dead, no movement at all.Despite making a fresh contract high and the Stocks dumping the BUND barely caught the bid.In fact it barely moved at all, utter Dogdirt contract apart from the following 10 minutes after a news release.
Thought that was the case.By the sounds of things you couldnt trade in a second hand car let alone be profitable trading financial markets. At last you got something right, now that the ever awaited ECB decision was such a market mover we are back to good ranges/volumes now-NOT! Next you will be telling me the market is dead as we are waiting for next months ECB. You talk utter dogdirt, sensible/knowledgable posters only please.
I did give second hand cars a go but the volume dried up and it just didn't work out for me. Fortunately I found an internet forum discussing it and after an extended period of whining I finally got it all off my chest and feel much more relaxed about it now.
As for the whining element, I am not whining at all.I am mearly stating facts. Obviously either you do not trade EUREX products or do not actively follow them, otherwise you would know that I am correct in my posts referring to ranges and volumes which has nothing to do with " we are waiting for ECB/payrolls etc"- we have just had the ECB and the range and volume are still dogdirt. Yet more utter dogdirt responses from you.