UK Scalpers

Quote from Kicking:

London hub down once a month? So you mean it's not just my POS ADSL line and router and BT ...

In your case just blame everything on BT.
 
Quote from Kap:

To Everest or any UK punter dancing in the U.S markets :

Would you consider it more stable to have a clearer/broker feed from the U.S or to have a clearer/broker feed from the UK via the London Hub (CME). I ask this because the London Hub goes down at least one a month and bizarrely for me at vital times. Is there also a latency issue with receiving prices from a US firm?.. and then all that paperwork transferring funds from overseas...

I'd appreciate your views/feedback

tia, Kap.

I have only been trading the cme for a couple of weeks so it's hard to say. Of course there are advantages to having overseas accounts that make the paperwork worthwhile, but as far as downtime time, have you contacted the cme?
 
Quote from kalinka:

Obviously there are some good Bundtraders out here.
How much does a good Bundtrader take out per car
every month?

a good question. I would recon on taking out an average of 16 ticks a day when trading is good.

When the markets are poor, this can get down to as low as 2.5


Thankfully never down on ticks, but twice on costs


If there is flow to the market, I owuld trade roughly 2 round turns per tick
 
Is anyone out there trading opening range breakouts on the European stock indices?

Too bad I can't seem to hang onto these trades long enough for a MOC... Time to review my stop policy.

(Intraday breaks of intraday lows have been useful recently. Any once else got a view on this?)
 
Quote from alpha_monkey:

Is anyone out there trading opening range breakouts on the European stock indices?

Too bad I can't seem to hang onto these trades long enough for a MOC... Time to review my stop policy.

(Intraday breaks of intraday lows have been useful recently. Any once else got a view on this?)

Refreshing the thread.

Interested to hear how European Index traders are getting on....
 
Quote from alpha_monkey:

Refreshing the thread.

Interested to hear how European Index traders are getting on....

A scalp the FDAX here in Chicago with my group of 8 traders. I do about 2000 sides per day or so and the room does about 7000 sides per day on average.

It has been quite dead lately for obvious reasons. Because I'm in Chicago, I'm not seeing any problems with the CME or CBOT feeds. Eurex, however, has become very sluggish and is forcing me to look elsewhere for better fills and execution. I can't seem to get the first price any more even during the dead session after the European cash close. I'm a member at CBOT, so I'm trading the DOW in the afternoon. It is a pretty crazy product even for a scalper.

I'm considering going to London early next year for at least a couple of months to trade the FDAX from there to see if that is feasible. If you guys have a lead on a house that would accept customer business (I trade my own money) and the capabilities for TT and CQG, then I would love to hear from you. Naturally, I will want to try it out for a couple of months and if things work out, I would head back to Chicago to button up things and make sure my business and traders will be ok and then return to London for the summer.

Anyway, I find this thread interesting. I wish you all the best.
 
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