Friday, May 6, 2011
Post-NFP with futures
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"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
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10 comments:
Hello mr. Bird. If it is not a secret, with which broker do you trade? Thank you
Scorpio
Interactive Brokers -).
Hi from Vancouver,
do you mind to share a bit about you PC/office set-up?
Thanks for great info on your blog and looking forward to read about your trading results after switch from spot forex to futures.
Best wishes,
P.
Hi Forex Bird,
Just a quick question about the charting. Are you using IB feed for the charting of the futures contract as well?
Regards,
K.
kermut,
ib feed always.
Thanks buddy. Have always been interested in futures, but been put off by the claims that the leverage is way less, and that you can actually trade more size on 1 click in fx than futures etc.
Shall have to subscribe to the live feed for 1mth to see how it pans out.
Cheers.
kermut,
trading futures after several years on spot, is like exchanging your old Ford for a Jaguar.. I will try to describe more in detail soon..
kermut,
your last post was not deleted by me, the blogspot mess deleted many!
No probs buddy. I might have a look into the futures chart this week. Might just have to grin and wear the exchange charges. Not sure if they get charged per month or per trade...
Trading during news can be quite tricky, so we need to make sure we keep up with the market and trade with proper plans in order to gain from, if we don’t do that then we will just add up the risk factor. I never worry much at all with broker of OctaFX’s caliber at the corner, as they are truly special with monstrous rebate scheme where I get 50% back on all trades which is even with the losing one too, so I like it ever so much.
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