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Does anyone know whether Rotter still trades the bund? I remember in 05-06 you couldnt walk on a prop shop floor without someone cursing his name. Im guessing people wised up to his games after that?

Why not try it for a week or two. There is only one way to tell if it works. I would be interested to hear how you get on. I have predominantly made money scalping the order book and works for me. But want to develop into running trades longer (still intraday) for 5-10 ticks. But can't make the...

hi Dakoo i have sent you a PM i may be able to help

murray, would be interested to hear what you think after you have a read. Youre right regarding the Goliath analogy. I meant the huge slow to move macro style funds versus the small nimble day traders being David. Not to say one is the "right way" to trade. Just tend to find the day...

what? A "super trader" with the weight of a bank behind him , unparalleled access to order flow, execution edge, research and capital cant make as much when they go it alone. Shocker! There are some extremely talented people in this industry no doubt, but the amount of people I have known...

At the risk of turning Elitetrader.com into Amazon.com.. I bought the book on the weekend and am a true disciple of the first Market Wizards books. Cant remember how many times i have read them, most motivational trading books I have ever read. The new book is of course an interesting...

I totally agree. Money management can control your equity curve. Your size of drawdowns. Can even stop you losing your account. I just know from 5 years as a full time trader. Programming systems and understanding probabilities you cannot make a random entry system profitable from money...

How is money management an edge? An edge increases your expectency. If money management was an edge we would all be millionaires by flipping a coin and setting a 10 pip stop and a 20 pip target.

I like the KISS approach. But I can assure you money management is not an edge. Money management just keeps you in the game longer. The premise of this approach seems to be" price is either going to go up or down, so if I have a 10 pip stop and a >10 pip target overall I will make money"...

Personally know a guy that started as a prop trader (backed by the firm didnt even put his own money down) was worth 30 million sterling 5 years later. Know probably 20 other guys that started under similar circumstances and hit the million pound mark within a few years. But these guys...

Hi, Was wondering what you experienced locals think of the amount of spoofing (posting fake size in the order book then quickly reversing it) lately. I remember back in the Paul Rotter days he had the European interest rate curve in the palm of his hand but seems to have died down a lot...

learner, auction results usually around 10 am UK time

newtricks, same again i think, most locals just averaged the TED spread until it came back into line on huge size, worked for years but now with the Eurozone crisis very few relationships are staying in line and the short end guys (all fixed income for that matter) are finding it tough.

Colin, yeah i agree with what you say. But dont think necessarily "quality" traders are left, just traders that have a different style. Guys that are able to trade on a longer term horizon. I know a couple of guys that still clip a couple of hundred lots at a time but are looking to take...

There many locals (serious full time traders) scalping these markets? Only big guys I know now are doing 3 or 4 large trades a day on big size (100 lots+ )? Anyone still able to nick ticks here? Seems FGBL scalpers were killed off a while ago.

Michael, Sorry you felt I miss quoted you. I concede you do not use the term idiot, however there is a tone that implies anything other than trend following is futile. Im not having an attack on you like some people like to. As I said, I think there is a lot to learn from your books, and...

I think its so pointless arguing about whether its better to make money with trading method x or trading method y. I have made my best returns with mean reverting trades. And its true your blowouts are large but if someone offered me the choice of making 1k 19 days of the month and have a 6k...

ok thanks. Is there a set time that IMF/ China etc releases its gold holdings on a weekly/monthly basis also? Thanks

Hi, Is there some sort of Gold/Silver/Platinum etc inventory release every week, like we have in Crude Oil with the DOE figures? If there is i'd really appreciate someone pointing me in the direction of where I could get a calendar for this type of info and some recent statistics...

Hi, Does anyone know where I can work out intermarket correlation ratios on the web please? I know a Bloomberg Terminal will do it but dont always have access to that. Any pointers would be appreciated, Thanks