Recent content by scalper21

Client server systems? could you elaborate. Thank you, Sean

Preservation is key to survival. He hit it right on the head. Sean

You are jumping a little to far ahead:) I think everyone should chill out a little. I asked the questions I did to make sure this kid has something to fall back on. No young man should attempt trading if they are choosing trading instead of college. Second if he does not have more than...

Kid, Answer the following questions. Are you a college graduate? How much money would be in your trading account?

I used to work for one of the big futures exchanges. One friday afternoon one contract traded 3000 times in a three tick range in a 2 minute period. After doing some investigating the exchange found out that a trader at Tradestation made 1500 trades. He bought and sold 1 contract over and...

Kid slow down:)

I have been around for a bit. Your trading plan is very good. Do not let these people bother you. To be a professional trader you must keep your costs under control. I trade ER2(Russell 2000). I own a GEM seat at the CME. My clearing fees are .095(plus $50 a day globex fee) and I pay...

This is an excellent observation. Wow Sean

Very true:)

The bears are buying!

For me the solution was trading with the correct size. I trade ER2(Russell 200 futures). I am an intraday scalper/daytrader. I had the same issue you are describing. I solved the problem by reducing my maximum size. The size I trade with today ----- I never have the fear that one...

http://www.cbot.com/cbot/pub/page/0,3181,874+2006Z,00.html

http://www.cbot.com/cbot/pub/page/0,3181,442,00.html

Stock Index Futures ER2(Russell 2000 emini) ES(S&P 500 emini) NQ(Nasdaq emini)

Two things made this week tough for me. 1) I am a futures trader so roll over made this week tough to trade. Some day traders/scalpers I know take a vacation the week of roll over. 2) Trading the thin volume summer months of July and August have warped my trading habits. The first weeks...