Friday 19 October 2012

Quiet Europe

The market in Europe was very quiet in the morning today. Volumes are shrinking. It feels like a tennis ball at the top of it's bounce.

The game since I woke up today was to short around VAL and cover when order flow stalled. Not too hard but I only traded from the short side, a few ticks at a time. There's a nice gap below in the RTH chart and I'm hoping the price gets in there.



4 comments:

  1. Hi EL,

    I have a very general question not related to this post . . . What do you consider to be a reasonable yearly percentage return on account from daytrading alone (ie excluding income from your options trading etc) after commissions etc?

    Thanks.

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    Replies
    1. Anon 00:05. A good question. I wrote a bit about this when the blog started but I moved the focus of the blog away from that to methodology. I think it's a good idea to revisit the subject and I'll post on that, probably Monday. It's a big subject.

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    2. Many thanks - I read the blog daily, so I'll look forward to this when you have the opportunity to cover it.

      Kind regards.

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