Recent content by magnet

  1. M

    Should I stop day trading?

    Your right big snack. Volatility was higher yesterday but let's look at what happened in the market. ADP was much stronger and ISM was vey slightly below forecast. This indicates tapering is closer by the fed, correct? And what happened euro went up, gold went up and if you were short the s&p...
  2. M

    Should I stop day trading?

    I think a conclusion to be read from all the responses to my initial thread is that day trading has definitely become very difficult, due to the low volume, low volatility, HFT's and the central banks increasingly assert hold over all markets. Eric p I compare myself to you completely and...
  3. M

    Should I stop day trading?

    Thanks for everyone's views and advice. I think I have noticed several trends from all the replies and some conclusions. 1) for the last 2 years volatility has crashed, you only need to look at the vix index to see that. As a result short term day traders who rely on volatility in their...
  4. M

    Should I stop day trading?

    I normally use technicals and fundamentals when I trade. I have found that most economic releases now are impossible to trade as they are either leaked before hand or are completely automated. With technicals I have found some markets are better than others. For example fx markets and...
  5. M

    Should I stop day trading?

    I'm a very experienced trader and have been very successful trading futures. Up until last year I hadn't had a down year. Then last year and now this year I have experienced small relative losses compared to my average year. It almost feels like for me the whole industry has changed...
  6. M

    Too many "black boxes"

    Im struggling to find any markets that have any choppiness at the moment. What markets do you suggest
  7. M

    Too many "black boxes"

    Has anyone else found this year really tough? I dont mind admitting that this is the toughest year since I started trading. I am really struggling trading against the systems that seem to dominate the markets in these very low volume and volitility days. As a short term trader I think...
  8. M

    New guys, now is not the time

    I totally agree with the original posting. I am finding these markets to be incredibly challenging. And I dont mind admitting it. Most people I talk to are experiencing a lack of consistency. 1 step fwd 3 back etc. I dont think by commenting on the difficulties one is having in the...
  9. M

    CFT Financials

    The CFT office in Montreal is doing really well they have about 15 traders now. All of whom seem to be doing well. I dont think they are opening in Beverley hills. Toronto maybe!
  10. M

    CFT Financials

    CFT was on ROB TV a canadian version of Bloomberg on Friday if anyone is interested http://www.robtv.com/shows/past_archive.tv?day=fri
  11. M

    CFT Financials

    Some funny posts on here. Its amazing how much the industry is driven by monkey's with rumours and guys who here things through the grape vine. 1.So far FCT have been very good. Both on a business point of view and on a personal point of view. 2. FCT only clear for CFT they have...
  12. M

    CFT Financials

    We use TT. Round turn fees are tailoured to the individual trader depending on size etc. Desk fees are about £1500 per month.
  13. M

    CFT Financials

    I have been trading for CFT Financials in London now for about 4 weeks. The support they have given me has been great so far and they seem to be very professional. The Montreal office opens next week I think. The clearer they use FCT have also been very good especially with access to information.
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