Anyone scalping the FTSE Futures??

SELL EVERYTHING ON THE WAY UP.

BUY EVERYTHING ON THE WAY DOWN.

obviously thats no sustainable strategy. unless you bought 2008 there's a littl bit MORE inb/w :)

a little more nuance, BETWEEN THE YRS ha you might want to be tuned into ...b/w the swings :D
 
Talked to guys that announce, "I only place trades first 30 mins". OK.

Ok. nimwhat are you, a genius quant or smthy? you own the first 30 mins?? what do you the next 6 hrs, or 16 spend your million?

\I've asked them that, they ..usually don't answer, just like here :)

If you had a trading plan it would have some of the following rules ...

  • Only trade the open / close / specific time range.
  • Once you have made x points in a day stop trading.
  • Once you have lost x points in a day stop trading.
Rules are there to STOP you trading when there is no reason to trade, overtrading will kill your account because you wont be right all of the time and the charges will grind you down.
 
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