First, some statistics (From Australia) 1. There has not been a single successful trainee in 3 years, from any firm that I have heard of, that has traded Bonds (successful meaning that they made minimum wage for 18 months based on withdrawals and they're still trading). If you are a successful trainee please post in here and tell us about your journey! 2. Systematic wipe-out of about 90% of the traders I know. They are all gone. Some have had 1-2 years experience, some have had 10-20 years experience. Many in-between. A lot have bruised egos... won't reply to messages... can't look themselves in the mirror... not surprised. The hurdle rate is high. You must trade multiple products and you'll need an auto-spreader... and a proper charting package... desk climbs to $5,000-$6,000/month. You need to be precise and perfect to survive. Only the strongest survie! If you were a virgin before trading Bonds in 2016, then your cherry has certainly been popped. I have spent the past 1-2 years trying to find answers as to why every single Bond Market futures in the world has experienced a death of volatility... and now I have my answer: I found the only article on the internet which explains (disable adblock): https://www.forbes.com/sites/garthf...death-of-bond-market-volatility/#75c758ea6674 Spreads have been tightening on a consistent basis. Inflation is not as hot as the central bankers would like them to be... and clicky-clicky humans have witnessed the sledgehammer on their career. Framework: How to make money Before I continue, just a quick caveat that you can still win and here's a frame-work; * Multiple products (3-5 minimum) * Back-testing and research (Visual / Eye-balling charts is considered research) * Lower size (Contrary to the cucks, you LOWER size in reduced volatility and you INCREASE size when the action appears because your probability of making back the juice is higher) Forward into time... There are two camps of people: #1 - Markets will come back so I'm going to take a holiday and/or continue doing the same primitive strategy #2 - I have to evolve and adapt Only 1 in 20 people go into Camp #2 because it's very harsh on your ego and pride and requires a lot of work. Who wants to sit at home on a Saturday and Sunday, going through exchanges and charts, wrapping studies and charts around your head just for the 'maybe' chance of finding edge? If you don't want to, then the guy next to you will... So as a general guide if you are in Bonds and you are getting cucked then you have to diversify into: 1. Equity Futures (Choose from the indices available) 2. Soft Commodity Futures (Wheat, Corn, Cocoa, Sugar, etc.) 3. Hard Commodity Futures (Metals like Gold, Silver etc.) 4. Energy (Oil / Gasoil / Gasoline ) ----------- By the way, if anyone is from any algo firm or trading group, or wants to make free money, Australian Outright Equities on the ASX are easy mode and primitive to trade. Much like what it used to be 2005-2007 in USA. If you haven't started a career in Futures yet, I strongly urge you to trade Australian Shares. I have heard stories of people being down heaps of money who were able to turn it around in Aussie shares.