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Hi all, This is a question to everyone on (GMT based) time, and specifically, what part of the day do people find is the best for turning an intraday profit? The motivation for this question is inspired by an idea in Market Wizards, possibly Ed Seykota's. It was suggested that looking at a...

who's your mate?

Had a brief look but haven't seen much use for them in European markets. I find previous day's highs and lows are more useful for EuroStoxx....

Dare I ask what your experience or exposure is in this field? (Obviously I'm not asking for strategy details, just curiousity on your time in this area...)

You're always on about this site!!!

At work. Can't give any more details... Sorry...

Regarding previous posts on my trading approach.... Another beauty this morning. Quick sell off (also a possible moneyspinner), leading to inverse head and shoulders... Perhaps not truely inverse H&S, but as a pattern it works - end of a small trend lower on a 2 minute chart, 74 the low, the...

This is, I feel, is probably one of the best strategies if you aren't Oxbridge / LSE (in UK terms). Even if you are, graduate programs are few and far between - not only that, there is no guarantee at the end of the training cycle. I saw 30 people axed from 50 while at that stage. On...

You're done. :D

I am very much a visual trader. I'm sorry I can't find a better way to put it. When the chart suits my view I'll trade. I find that indices are usually volatile/noisy enough to allow a proftable tick to be made in a 5 minute window. This means for me, perhaps similarly to yourself, I'll buy lows...

With apologies, a few thoughts on Grob's perspective. - "Everyone gets what they want from the market" - The Emporer's New Clothes & - Confusing explanations illustrate weak communication I am aware that as a relative new comer to this board, these comments are somewhat rude. However...

Very interesting post!!! It's great to read posts like this. Currently feeling extremely tired so will have to get some sleep before replying properly. One thing for me on the research front, I'm about to start looking at backtesting patterns from LBR's book StreetSmarts. Will try to post...

Would you say your trades, at the time of entry, are predictive or reactive? Personally speaking, I'm becoming more and more against opinions on future direction. "What the hell are you talking about?!" "If you didn't expect the market to go in a certain direction, you wouldn't trade...

You don't think much of these firms do you?! Fair enough. In their defense: - they don't pretend to make your dreams come true. - nobody is missold, in fact it is possibly even difficult to get a chance to trade there if you have no experience. not only that, if you start as a trainee...

There were incredible opportunities to make money in the stock indices today, particularly after the US opened up. Here's a bit of my thinking (albeit not necessarily the sharpest today.) The recent tech-led rally seen in the cash points me towards picking the NASDAQ as a currently favoured...

What's your trading angle, senor - what do you find works? Anyone else care to share their favoured approach to making money? --Seriously hungover today, not good--

I think most of them do take on traders, trainee or otherwise. GHF is an exception - they are purely providers of market access rather than an outright trading firm. That said, the arcades run on a business model not far off a brokerage. You're right most are young. Most will receive inhouse...

As a rule of thumb, for every 10 they take in as trainee traders, 1 makes money in the first year, 1 struggles for a year and 8 give up. Reason being they don't pay a salary and obviously London is expensive. Essentially, it becomes a cross between self-selection and survival of the fittest...

A resounding no!

I find the FTSE has poor intraday trending properties. Dare I say it's too "efficient"... No sustainable edge in there for me. Or maybe I'm just lazy! Just look at the ES these days - You have 5,000+ contracts on both sides of the market most of the time - no chance for real volatility...