marketsurfer trys forex--part 2

Discussion in 'Forex' started by marketsurfer, Dec 16, 2003.

  1. marketsurfer

    marketsurfer Vendor

    i traded globex currency futures for the first time today on a simulator.

    there is no comparision between futures and spot as far as i can tell. globex blows the dealers away. will advise as to progress in the futures market.

    best,

    surfer :)
     
  2. toby400

    toby400

    "globex blows the dealers away" ?

    Meaning you would rather trade currency Futures via the likes of IB as opposed to spot via the likes of Refco etc?
    :)
     
  3. marketsurfer

    marketsurfer Vendor


    so far, with my limited experience, yes, i prefer globex trading over spot. it is so much easier entering orders on a depth of market screen, tight tight spreads, and overall more like trading than placing bets. i would compare currency futures to trading equity futures and spot dealer currency trading to spread betting in the UK.

    best,

    surfer
     
  4. I think he's referring to currency future contracts which are traded on Globex; not IB's forex system.

    -Fast
     
  5. marketsurfer

    marketsurfer Vendor


    yes, thank you , fast. i thought that was obvious. didn't know IB had a forex system.

    surfer :)
     
  6. toby400

    toby400

    Thankyou both for the clarification. Look forward to more of your posts on the subject.

    :)
     
  7. marketsurfer

    marketsurfer Vendor

    i wondered why the big currency guys rarely if ever trade the spot markets--- now i know !

    best,

    surfer
     
  8. surf-

    what simulator are you using?

    Thnaks
    uptik
     
  9. What do you consider "big currency guys"? Someone that trades 100 or 1000 contracts a day? Heck, I know I'm not a big currency guy, but I do move 50 to 100 dollars a day in the spot market. Where can you trade almost any currency pairs you want? I trade up to 30 pairs, not just a handful of the majors.
     
  10. marketsurfer

    marketsurfer Vendor


    open e cry and it rocks !!!

    best,

    surfer
     
    #10     Dec 16, 2003