Oh Yes!!!!justyn said:but it is surprising how quickly your money erodes away when you are not careful.
PitBull said:Take a look at the attached DOW strategy as per JPWone for use with SB. I think he trades this for a living
Regards
Pitbull
RR exactly what it it you are disagreeing with jpwone about? The fact that SBs bias their prices or that they swing as dramatically (in context of the underlying) as he says?rossored said:Well I think we'll have to agree to disagree on that one JP
vishwamv said:Hi JPOne
iam a newbie and recently regsitered with thei T2win and would like to get clarify my doubt.
I understand the SB's quote with some difference to the real trade market...
1. My question is After doing the Technical analysis and if go for the trade with a SB like CMC or finespreads will the TA done by the individual work out as expected...?
2. If this is the case of the Day trading and the market moves fast enough before we recognise the move, is the alternative is to the Futures trade like FTSE Dec04 etc...
3. As a newbie i traded thru CMC and had few profit and also few loss, btu after reading this thread i feel a bit worries on how to approach for the Intra-Day trading...
Pls do clarify me
Cheers VP
rossored said:1.Unfortunately TA isnt an exact science. Just because you think you see something, that doesnt mean that a) its there or b) that it'll do what you think/want it to do. The SB price may end up being out here or there by a couple of points but nothing major.
2.If you're using a SB broker, trading SB futures isnt the same as actually trading the futures. For this, you need a broker like IB, E*Trade or similar.
3. Dont worry. You win some, you lose some.
vishwamv said:Hi Rossored,
thanks for your quick reply. That clears my clarification, even though regarding the "here and there couple of points but nothing major on SB Price difference" i had a second thought....
Is it like on checking carefully both the online market price and Spreadbet broker price (like CMS,Finespread etc) cant we come to a conclusion that they make a difference of n number of points on their system when compared to Online market? or that n number of points differs everyday during the trade time?...
Hope iam not too much question or could be a basic question ....
pls do clarify me...
Cheers VP
rossored said:I think I understand what you're getting at.
Most of the time there is a difference between - for example - what ECBOT might quote you on the Dow Futures, and what a SB broker might quote you, yes. Its hard (if not impossible) to say that it differs by X at a certain time each day, or even on a certain day. It pretty much depends on your broker.
vishwamv said:Hi Rossored,
Well, very quick reply .......hats off to you...
I got clear picture about it...
Fine, I would like to know the difference between Swing position trading and Intraday trading....
From this T2W i understand on reading threads, that Swing position trading is like when u hold a position for two or there days (ie more than 1 day) it is reffered as Swing position trading and Intraday traders open and close the position on same or may be in few hours before on the same day .....Am i right...? Also few SB brokers as i mentioned earlier CMC they close the position if iam holding the long or short position when market closes and reopens the next day when market opens...Is it the practice of the SB companies....?
I had also visited FTSE Beaters thread on basics of trading, It was very useful and i learned a lot from that thread, before that i was not aware of the trading techniques. i hope it does applicable for all the markets like intraday traders, swing trader...
Can u tell me from which internet site can i get the live trading signals...
Cheers VP