UK Scalpers

Discussion in 'Index Futures' started by alpha_monkey, Jan 3, 2004.

  1. just21

    just21

    http://www.liffe.com/access/how/access/bureaux/index.htm
    Trading Bureaux
    Since the introduction of LIFFE CONNECT® there has been an increase in the number of companies providing access to independent traders from Trading Bureaux. This section provides details of such Bureaux and the relevant contact details. Information has been provided by firms at their discretion and this list may not include all of the Trading Bureaux that are in operation.


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    Activ Trading Ltd.
    Atlas Futures Ltd
    Blue System Ltd.
    The Candlestick Trading Company Ltd.
    Curvalue France
    Custom House Capital Online Ltd.
    FCT Group of Companies
    Fortis Clearing London Ltd.
    GH Financials Ltd.
    Global Direct Dealing AG
    Global Exchange Trading Ltd.
    The Kyte Group Ltd.
    London Capital Group Ltd.
    Mac Trading Services Limited
    Mac International Holdings Ltd.
    OnScreen Trading
    Saxon Financial Ltd
    Schneider Trading Associates Ltd.
    SeagrayMatthews S.L.
    Sequoia Capital Ltd.
    Trading Connections Ltd.
    Trafalgar Financial Futures
    Xconnect Trading Ltd.
    ZenFutures Ltd.


     
    #131     Sep 2, 2004
  2. Nice Thread!


    DAX Scalper here, 20 R/T a day, aims for 6-8 Dax points daily. Am i doing anything BIG in here? Trading from home all alone, dunu how is the air down there! Just wana know is there any potential more then this on dax? With a 40 points range, daily, I thought intially maiking 20 points on DAX wouldnt be much of a problem. But was wrong. My trading method dont allow me that kind of gains. However i am hitting 6-9 points in 12-15 days outa 22. rest are breakeven , up/minus 3-5 points. Not a big cap here anyways. Just trading 5 lot. But wana know aswel how does it feel on DAx if u are trading lets say 20 cts at a time and enter with limit orders? partial fills? or instant? Like ES?


    Any advices / comments would be totally apprecaited..

    Thanks
     
    #132     Sep 3, 2004
  3. What is your trading style? Are you scalping? I see good gains trading 3, 4 or 5 lots as a default. I don't know anyone who is clipping 20 contracts at a go. I will get into anywhere from 15 to 40 on a move but that hasn't happened very often lately. You can make a lot on a 40-pt range. I usually lift offers or hit bids and have resting orders at certain levels, etc. Most of my money is made pushing through highs and lows even if they are intraday.
     
    #133     Sep 3, 2004
  4. BigTime

    BigTime

    Hi,

    I work at one of the big London Trading Arcades, the last 6months has been very tough for locals that i work with. I don't know anyone who has made any big money recently.

    I am personally finding it very hard, making small amounts each month. It would be nice to hear from any other London traders and hear there views on this difficult market. Really hoping things will pick up in September.

    What a year this has been!!!!!!!!!

    Cheers
    BigTime
     
    #134     Sep 4, 2004

  5. Well Bigtime, i think condtions on dax have been pretty much good.. I liked it. I am happy. Which markets u trade? FTSE?
     
    #135     Sep 4, 2004
  6. i dont know
     
    #136     Sep 4, 2004
  7. DAX started the year out with a big bang. As the year progressed, things were good but the execution at Eurex consistently went downhill here in Chicago. There is still plenty of money to be taken out of this market. Unfortunately, because I keep getting late fills and confirmations, I am actively looking for something else to trade. I would guess that my group and I give up some where around $2000 to $4000 per day because we aren't getting the first or second price on moves.

    As soon as Eurex has all its customers on the new T-1 lines, they will be reducing the pulse delay from 1.4 seconds to around 0.7 seconds. That way, the quotes will come in faster and we can see what his going on in between pulses.

    Things should get better. I think July and August have been the slowest months I have ever seen. Things are slow in all the big indices, so sit tight and you will be rewarded.
     
    #137     Sep 5, 2004
  8. My trading style is rather based on very objective nature. First of all i dont care about the trend. i dont care about the resistance areas, i dont acre about the fib levels. Alll i do is, i use some basic oscilators which give u oversold/overbought areas at some certain levels and usng a combination of few osclioators based on different studies, i sell/buy ustip limit orders. As far as fill, I am located in Asia but i am not having problems. maybe cos my trading style is different and u guys are mostly like scalpers who like to nibble a tick ot couple of ticks however in my case i almost 99% of times have fix 3 point stops and 4 point targets. I usually get filled.

    What is your trading style?

    Thanks

     
    #138     Sep 5, 2004
  9. What are the benefits of Bloomberg and Reuters ?
     
    #139     Sep 5, 2004
  10. zdreg

    zdreg

    people on this thread are so civil. my hat is off to you fellows on the europen side of the water.

    plus you guys have to big fees to be in the game
     
    #140     Sep 5, 2004