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OP, it sounds like you were very convinced of your strategy's performance potential well before you started the post. You are dismissing some valid points IMO.

What a competent statement. Thanks for the price level, your profit target, your stop-loss level, and your relevant timeframes for the trade. Vague enough to continue this embarassing charade.

The only one who should apologize for the incompetence of your own posts in terms of the necessary details like pricing, timeframes, profit targets, and stop-loss levels is the author of said posts in question.

Lease a seat and get member rates. Seriously.

It doesn't really matter how or what you trade as long is it is consistent for you. Be it far from me to argue with anyone's success. Of course there are plenty of successful directional outright traders. I also believe that the continued evolution of HFT has made markets more turbulent for a...

Feeman, by the looks of your Crossland statement in the 'Journals' section I make or lose your account balance in a single day. Tell Jim Zellinger and Ed Hague I said "hello" over there at Crossland - I knew them way back 20 years ago when I cleared TransMarket Group, and then later on when I...

Pedigreed enough to be able to look at my TT screen and call you an ignorant fool. Pedigreed enough to have a WebICE and ClearPort ID. And to know where to do size for Nymex and ICE contracts. And I clear NewEdge you dipshit.

I have personally done blocks of 5,000 within 5 cents through ICAP and TFS, clearing ICE Swaps or Clearport. I used to trade energy commercially. That's what those facilities are there for. And I have also traded ICE Swaps and Clearport through Chicago Prop Futures Groups. I have also...

Take another bong hit. Seriously. CL alone traded 1.437M contracts today on Globex.

The OP and thread concerned the prop futures business model, and in that regard you are a bit naive in terms of what kind of trade appeals to them in terms of a potential new hire off the street.

Dude, I said it weeks ago and it bears repeating: I would expect a correction around 1370ish, but in terms of a "next leg down", please take another bong hit. We have been in an uptrend since mid-2009. I have no earthly idea where you got your reference point to start calling for your top...

Actually, what you need is a strategy that you can shop to a sophisticated futures prop firm or a hedge fund. They want ideas from smart individuals that they can leverage the piss out of. And taking outright directional risk is not in their vocabulary at the moment. They have superfast ECN...

I have always been amazed by the fade monkeys who want to fight the market and time the market as contrarian into a strong trend. It's almost like an ego stroking narcissistic thing. There is no money in timing the market. Really. The risk / reward is just shit. Pox on Jack Schwaeger...

Which tells me that the only spread strategy you might be aware of is a long first to second month inter-market calendar. In other words, you don't know the first thing about spread trading - especially intra-market strategies.

Winner winner chicken dinner. Of course the market will go down. Eventually. Old school chart formations, with complete disregard for the equally old school admonition of higher lows. Selective filtering.

You are wise, young Skywalker. The only 'constant' is that markets are constantly changing and evolving. Always have, in fact.

CME Member electronic trading firms are not allowed by exchange rule to take trader deposits. And they must pay their traders on a W-2 and essentially treat them as an employee. http://www.cmegroup.com/company/membership/files/Rule106RECMApp.pdf

Weighted, that spread doesn't look much like the QQQ's to me. And the spread moves and behaves much smoother as well.

NCIT is a small cap NASDAQ company that currently has the highest five year negative correlation for any publicly traded financial instrument as compared to the ES future. I am not saying that is an edge per se, just stating a statistical fact.