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Thanks all for the advice - very helpful (apologies for the delay)!

thanks protrader. i am indeed reading several books, but can not find the specific answer to those questions. i also thought that experienced traders may have a few words of advice to somebody setting out in the same career as them. thanks for your time anyway.

Hi Guys I am soon to start training as a backed futures trader. I don't know a great deal about futures and was wondering if anybody has any advice for me. Also can anybody tell me what the 'auction concept' is? And what the terms high tick/low tick mean? Many thanks for your help with...