Search results

I agree. More trades is often not better, but it is a very fine line between overtrading and a shy trigger finger for a discretionary trader. But it depends of course on your overall strategy. The missed opportunities by undertrading at least do not cost commissions. But then again, why did I...

how many trades did you make? I made only one, had a shy trigger finger today and missen some of my setups:mad: tommorow is another day....

missed the move, but i stay away from numbers most of the time anyway up 5 ticks for the day

entry: retracements in trends or after breakout; going for 5 to 10 points most of time exit at target, but I have to learn to let my profits run sometimes and use a trailing stop if it is a strong move

How do you set your stops? I have stops from 3 to 5 points.

Good morning trade4success, i am trading the FESX, too. Why do you think a short?

depth of eurex is optional. the dax future does not trade on xetra, because xetra is the platform for stocks.

How do you (or the government) define a professional trader? The ET member Ditch said that you are not a professional if you trade retail. Have you any documents that confirm your statement? Thanks.

For a european trader it would be attractive to move to the Netherlands, because you only pay a flat tax of 1.2% on your assets. It is assumed you make 4% a year on your capital. This amount is taxed at 30%.

ESTX50 is the underlying you have to use in IB TWS FESX is the offical "symbol" given by the EUREX

Today we had another smooth first 90 min. Sometimes it is so smooth you do not even get a good countertrend move to enter.

It's a signal! ;-) Agreed. That's all there is. I think trading is not rocket science, but rather about people and emotion. Although I understood the posting, I do not think that complex mathematical theories and models are the way to go. If you develop an edge by a more sophisticated MA...

Aphie, I meant 0.5 points after commission, because that is the only number that counts. But since you brought the commission factor up in your calculation....I think a trader who is throwing around 1000 lots would like to buy a seat on the CME for currently $285,000 (IOM membership for...

Are there any 1000 lot traders here on ET? Just curious about the slippage aphie mentioned. I think you could trade a 1000 lot with a 5min chart in the ES? Mmh, just 0.5 points a day with a 1000 lot...:D

Hi aphie, I think the fact that you are intellectually understanding that you have a system that works does not immediately turn off your emotions. They are still there, even if you think that you have an edge. The emotional "drawdown" can be mastered, but not in a second. This is my experience.

All right, I certainly have no problem with trading your crappy, silly strategy with YOUR money. :D But do not be so sure that i can't kick your butt in the US, because half of my family lives there:p

Yes, I had to learn that paper is not real just today. Well, i knew it before, because I started trading real, went to paper after a few months, and came back now. The problem is that now I know better how to trade but my emotions sabotage my profitable paper strategy. Got to try something else...

Aphie, I traded the es only on a simulated account like you and because i heard a lot of people saying that this is the hardest and most difficult market to trade i just thought, ok, lets try something new and think like an old pit trader with size. I used a similar strategy to yours (?) and...

Hi aphie, this looks like great trading. 17 consecutive winners :-) You made over 7k, but how many contracts did you trade on average per RT? I guess you traded more than one...

It will allows you to specify stop and target orders before the fill. If filled they will be transmitted. The tool is free and works with IB. http://sling.to/autotrader/