Bobl Intraday

paulsta · Oct 14, 2003

I have just started working for a company in london trading Bobl Outright intraday with tight (5-tick) stop losses...does anyone have any recommendations or advice for trading on such a short term with tight limits?

Thanks very much!

Ebo · Oct 14, 2003

Buy Low and Sell High.

paulsta · Oct 14, 2003

thanks! sadly, that does seem to be the plan, but the market often has other ideas!

0008 · Oct 14, 2003

I am also trading BOBL/BUND at home. Are you using automatic systems? They may make the job easier.

just21 · Oct 14, 2003

I thought you all traded spreads at sta?

paulsta · Oct 14, 2003

No, we've moved on to trading outrights, and finding it rather tricky

Kicking · Oct 14, 2003

Quote from paulsta:

I have just started working for a company in london trading Bobl Outright intraday

If they pay you a salary, shouldn't they train you before you start trading? Or are you on a profit share contract ?

paulsta · Oct 14, 2003

We have been trained, but as you know, finding a suitable personal trading style takes ages... who do you work for?

Kicking · Oct 14, 2003

I don't work. I visited one of these firms and they said they show their traders what to do and if you stick to it you may end up living in a mansion .

Franz · Oct 14, 2003

Best answer today...