There Must Be Some Other UK People?
- Thread starter Helenqu
- Start date
Originally posted by toby400
Nugya,
I was referring to the Dax Future.
I would not trade options.
Some trade the QQQ options but since I have no experience of them I cannot comment except to say that I have read that traders recommend buying Calls/Puts at or near the money and near month.
Being a newly fledged trader, having passed through the spread betting phase, I am happy trading the Dax with its' small spread via IB.
easy2trade in the UK is another broker but comms. are a bit bigger and they do not yet trade US markets. However, people do say that telephone back up is excellent with easy2trade.
Happy trading to all
Toby
I haven't use Dax futures as I find that Dax future is more or less shadow of Nasdaq. So you may as well use NQ or QQQ. You will also find that 20 euro a point could be little bit too high for beginners on a very fast moving index. I did checked out easy2trade in the past but if I remember correctly they only offer FTSE futures and they charge monthly fee which is deducted from your commision cost.
Hi ,
I didn't say we weren't discussing the "right" things just that the title of the thread was are there any other Uk traders about. We have moved away from that, that's all.
I have asked in the comments section re a UK/Ireland board.
By the way the weather is overcast in Hatfield this morning
I didn't say we weren't discussing the "right" things just that the title of the thread was are there any other Uk traders about. We have moved away from that, that's all.
I have asked in the comments section re a UK/Ireland board.
By the way the weather is overcast in Hatfield this morning
i agree that the dax futures might be a bit heavy for a beginner, and although it is very technical in its movement, therefore easy to trade, it does absolutely follow the nasdaq, albeit a shock absorber dampened version, so it has more extreme moves relative to say the ftse, albeit a shock absorber dampened version
the s&p is good for experienced or learner - since it has such good liquidity so you wont get slippage - in other words u might lose money - but u have to blame yourself - not slippage!
the stoxx50 is probably the best for a learner to start with, since it has a reasonable value and margin, and fits uk time, great liquidity and will do the wonderfull european trending in the uk morining - then switch to s&p in the afternoon for a bit of excitement
the easy2trade people are real nice, but their features are too light and their charges are way to high
i dont think traders bases are all that important in this electronic age, its the markets, both by country and by type, that u play which might segregate different types of investors - as it happens there is not really a lot on elite for futures people, but there are some great insights into options and stocks
the s&p is good for experienced or learner - since it has such good liquidity so you wont get slippage - in other words u might lose money - but u have to blame yourself - not slippage!
the stoxx50 is probably the best for a learner to start with, since it has a reasonable value and margin, and fits uk time, great liquidity and will do the wonderfull european trending in the uk morining - then switch to s&p in the afternoon for a bit of excitement
the easy2trade people are real nice, but their features are too light and their charges are way to high
i dont think traders bases are all that important in this electronic age, its the markets, both by country and by type, that u play which might segregate different types of investors - as it happens there is not really a lot on elite for futures people, but there are some great insights into options and stocks
Why does every one want to trade stock related indexes ?
The bond market is the best to start with as it has good technical movement, fantastic liquidity, so is ideal for the beginner and experienced trader. Trying to learn on the stock indexes is like trying to learn to drive in a Ferrari with the gears being selected randomly in the rain. It The S&P is were the pros take your money while your learning.
How about we pick a market such as the bund and discuss how to trade it. Much more practical than arguing which is the best broker, execution plat form or is spreading better that futures ect.
So first are we going to look at trading the trend or counter trend ?
I'll start with a suggestion that we trade in the direction of the trend, so the first point is to identify the trend. Well there are millions of ways so a easy one is lets say the 3 day moving average yesterday is higher or lower that it was 3 days ago and the 18 day moving average is higher or lower that it was 18 days ago.
Lets go back in time on the Bund chart to look at a time when the both these indicters were higher than they were 3 & 18 days prior (any one fancy posting the chart to demonstrate, remember I am an oldy so you will have to lead me through posting attachments, not worked it out yet).
The next stage is to decide how we get in - any takers ?
The bond market is the best to start with as it has good technical movement, fantastic liquidity, so is ideal for the beginner and experienced trader. Trying to learn on the stock indexes is like trying to learn to drive in a Ferrari with the gears being selected randomly in the rain. It The S&P is were the pros take your money while your learning.
How about we pick a market such as the bund and discuss how to trade it. Much more practical than arguing which is the best broker, execution plat form or is spreading better that futures ect.
So first are we going to look at trading the trend or counter trend ?
I'll start with a suggestion that we trade in the direction of the trend, so the first point is to identify the trend. Well there are millions of ways so a easy one is lets say the 3 day moving average yesterday is higher or lower that it was 3 days ago and the 18 day moving average is higher or lower that it was 18 days ago.
Lets go back in time on the Bund chart to look at a time when the both these indicters were higher than they were 3 & 18 days prior (any one fancy posting the chart to demonstrate, remember I am an oldy so you will have to lead me through posting attachments, not worked it out yet).
The next stage is to decide how we get in - any takers ?
Hi secrets,
I really would appreciate if you could get a discussion going on bond market. My only contribution to that would be very minimal with few silly questions as I have never traded bonds.
I want to go into them to hedge against the stock indexes as they usual move on the opposite direction. I know there are bunds, gilts and treasure bills but hmmm maybe I know very little to even talk about it. Do you know any website specializing in bond markets??
thanks
I really would appreciate if you could get a discussion going on bond market. My only contribution to that would be very minimal with few silly questions as I have never traded bonds.
I want to go into them to hedge against the stock indexes as they usual move on the opposite direction. I know there are bunds, gilts and treasure bills but hmmm maybe I know very little to even talk about it. Do you know any website specializing in bond markets??
thanks