Recent content by JAK58

You'll find that most people who lose money daytrading do it through fear or lack of discipline. I scalp my markets but I'll also trade for 50 ticks or more; it all depends on what I see happening in front of me. Most people will probably blow up rather than fade out slowly - you can put...

I haven't read the whole post, but here's my $0.02: Comparing daytrading to longer-term trading is kind of futile. It's like comparing rugby and (american) football - you can see similarities, but the rules and required skills are very different. Sure, you'll get people who are good at both...

It all depends on the Far East really imo. If the Yen weakens substantially we will see a second leg of this recession, possible more substantial than the first in many respects. As has been said though, it's dangerous to say that anything in this game is definite.

There are some nice opportunities pre-cash, but the first ten minutes I'd say is not for the faint-hearted; you have to be there for it though, especially in something like the Bund because it can open on or very near its high/low for the day and sometimes you can just get in and watch it go.

Hello chaps and ladies, Just wanted to say hello; I'm a prop trader from the UK for one of the larger firms, I'm hoping that the dross content of ET is slightly lower than other sites I've visited... here's hoping. Cheers, Jack