Recent content by scalper12

How is the DD(Big Dow) contract doing? Has it become the lead contract?

I think this is a very good point. I would like to discuss luck, and its affect on my trading. I am an active high volume trader. I take quick profit and losses. Every so often because I make so many trades I get LUCKY and a profitable quick scalp will become a momentum play. I will...

I agree 30-40 is a little high. I was using high volume numbers to indicate the type of leverage he could get with roughly 30,000 in his account.

I think you should ask yourself a couple of key questions before you begin full time trading again. Are you willing to adapt to an ever changing market? Obviously it was not a "GOOD" swing position because you lost money. How are you objectively judging your trades? You say you have...

I cancelled my esignal subscription at the beginning of April, and it is the best thing that I have done. I have made money 14 out of 15 days in April. I began trading on an Emini terminal on the floor of the CME. At that time I never looked at charts. I just traded from feel of the market...

You should buy a GEM membership at the CME for 22,000. Put $140,000 in 3 month CDs getting between 4.5-5%. Keep rolling the CDs over. Take the remaining $35,000 and open a futures account to trade ER2 contract(Russell 2000). Because you would own a GEM seat your clearing fees would be...

massive seller at the 770-771 area. In the morning it was 250(Credit Swiss First Boston). 250 kept a lid on the market when the S&P attempted to go positive around 9:00-9:30(is this the right time??).

i am talking yearly

A majority of the traders at Advantage also lease or own seats at the exchange. http://www.cme.com/clearing/clr/fees/index.html http://www.cme.com/trading/mem/shareprices.html http://www.cme.com/trading/mem/leaseprices.html Some of you might also look into leasing or buying trading...

if you are interested in scalping check out futurestrader71 posts. He is a scalper who has backed individuals. He goes into detail in some of his posts on how he trades. also do a search on scalping and see if you get any useful info.

probably a 100 a side per day. this is a total guess!!

25 cents a side commissions. That does not include clearing fees!!!!

Advantage will probably offer 25cents a side. You will have to pay for Xtrader. I am assuming you will be doing some volume everyday. Advantage offers 25 cents a side until you hit $16,000 in commissions then it is reduced to 5 cents a side. Jachyra what is your average daily volume?

Before I answer your question I have to ask you a couple of more questions to better understand your situation. First I must define what I believe a true prop firm is. PROP FIRM--- A firm that provides 100% of the capital and 100% of the loss/risk and shares a percentage of the profits...

shoot I only have 20,000 in my trading account. If I only made 20% I would have to get food stamps!! i think it is funny trying to breakdown your return into a percentage basis. I started trading on the floors of Chicago's futures exchanges and I never heard anyone talk percentage return...