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If you can consistently hit 10K/day on ES - could you not just continue to scale your size with the same strategy in that market? What are your current figures per day on ES?

Best answer in this thread. :) My serious answer would be that I'd like to amass a fortune such that I wouldn't need to be in a position where I'd have to "make a living" from trading, but could be comfortably secured with a relatively low return on my capital from investments alone and not...

Are there any "actual" prop firms these days available for retail traders? LeeLoo or similar ain't a serious option of course. Once the business model is understood, no rational trader/human being would want to sign up.

That could prove costly. One hour prior to the US market open there's at least once per week a potentially major market moving news release scheduled. I imagine in current volatility the effect of news are pronounced.

No offense, but you've been around long enough that you should know basic stuff like checking the economic calendar for scheduled news releases...

Everything is getting expensive these days.

Do your own research and back-test the Open. I disagree with the user who said that everything you need is on the charts. Personally, I'd feel naked if charts were all I had to look at. It's possible the trader you referenced used only charts, though. I don't know. Generally, when someone have...

In my opinion, in trading, you need to assume full responsibility of your own actions. Blaming Putin will not help you now or in the future as history will repeat itself. It's quite possible this was the way the market was headed anyway as the FED moving out of the markets and hiking rates isn't...

Good post, but I disagree with this part as the market doesn't care about what you listed either as the market is completely impersonal and should be considered neutral. The market f''ks no-one, but plenty of people f''ks themselves up by participating in the market for a wide variety of reasons.

It's not really clear to me what your methodology is or if you even have one? It all seems very discretionary and like you're trading from the hip? This does not sound like a confident player. You can't just try and hope if you want to succeed in this game. Add "overleveraged" into the mix and...

That sucks, man. Curious. How much does that loss set you back tradingwise over these last few years? I mean, was it a devastating blow or just a bump in the road?

That’s how I currently get data through IQFeed and QCollector.

To be honest, I'm not sure if any of those methods are worth pursuing. Be careful who's advice you listen to. As a neophyte, it's very easy to be impressed with knowledge and teachings which makes sense and may seem logical, but live trading is where the rubber meets the road. There's no...

I suppose so. How would I retrieve the data then if not through an API? Thank you.

Post FOMC rallies ain't nothing special, really. Today is the largest daily decline so far this year. Only the 24th of January came close. Pretty controlled down turn so far I'll say. I wonder if we'll see any panic below 4000 or if someone thinks that puts the market in deeeep value...

The developers I talked with seem to have the impression that both IQ Feed and NxCore's solutions are a bit dated - being limited to "low level Windows".

No sweat, but do they still keep you occupied mentally? One of the things I always appreciated with day trading is that if I'm flat EOD which I usually am I don't think or worry about the market all. But as soon as I have a position on overnight even if it's a tiny MES with a stop I'm pretty...

In my mind - day trading only makes sense if you're really cleaning up. It doesn't really make sense to invest that amount of time if you're just scraping by, win some, lose some. Of course, it's possible that there exist individuals who can day trade profitably, but choose not to do so due to...

No. I mean that you need to buy documentation of their API. It's possible that it's now included with the yearly license which seems to be $420 currently.

Thanks for the suggestions, guys. IB could be an option, but I'm wondering if it would be better to use a feed independent of a brokerage? Unless of course it's a good brokerage and their data is good. It seems to me that IB is a tad too high on the futures margin - especially when volatility...