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Do not be fulled into thinking that currenex is good. it is filtered like any other forex MM. If you want to trade currencies go to CME and trade currency futures.

Hi VSTscalper, Great info. Thanks for starting this thread. Are you planning any other webinars? I saw few posts in past about totaling bids vs asks, but it was not until I read you documents with examples where I got its significance. Obviously the challenging part is to filter fake...

hardyards, Agree with what you said. Day traders eaither need to do it right or not do it at all. Otherwise the next best option is to buy into Vanguard S&P500 and hold it . However you do need some valid method or strategy. I use CCI fully aware that it does only 30-40% of the job, the...

Do not trade stocks intra day, trade index futures. There are few systems out there (look at Woodie CCI) which are great for intra day trading.

BDCBDG, First of all if you really want to be a trader, never give up. It will be a bumpy road, but it can be done. The info below will save you some time since I spent a lot of time researching and trading to get it. If you can get into MBF, that would be fantastic for you. Mark is one...

Come on ZZZZZ, I may disagree with Pabst on few political points, but let's have civilized discussions. And you comment is totally inappropriate. Pabst, My point is that things started looking here in US quite the same as when I was growing up (it was in USSR). You would not believe what...

When I said, I have nothing to hide, I meant it from grand scheme of things, nobody cares if I smoke Cuban cigars or something this minor. By the way I hope that people are not naive to realize that if someone needs to put them behind bars, it can be easily accomplished. Even with such a...

It is a stupid question. The moment the cure is developed and approved, all will get it. It sucks that some people are so narrow minded, but it is the society will live in. If people are too stupid to realize who they elect, they deserve what they get.

And political opponents. The point is that I would not care if someone listened my conversation, I have nothing to hide so it does not matter. The issue is that it is just a beginning. Things like this start as something very minor and they will snow ball if they are not stopped. redduke

Everybody knows Reminicences of Stock Operator or Market Wizards. But I recently came across and read a book called Zurich Axioms by Max Gunther. It is a must read for anybody who decides to embark in the world of speculation. redduke

I mostly trade Euro Stoxx and DAX futures on Eurex.

Hi Scientist, Loved your "Ultimate DAX scalping" thread. Learned a lot from it. Cheers, redduke

I would love to meet also. I can do Friday nights around 5:30 pm. Can not drink during week as well. My wake up call is at 2:30am to trade Europe open.

Hi Pabst, My experience with markets is very pale when compared with yours. I am curious why you would prefer to know who is on other side of a trade? Thanks, redduke

Wise decision. Why go for more points? Just keep increasing your size, until market tells you that your positions can not be instantaneously filled. Once you get to around 50 contracts a clip (which ES should be able to handle), 2 points is around 5K per day (about 1 mil per year). That is...

Worse, I think it is for the better overall. More transparency, more opportunity. Anyway, this was mostly used by big boys to play against other big boys. Small trader like me (and vast majority on this board) would be unnoticed in these huge markets, ES and Euro Stoxx alone trade around 1 mil...

True, but that's future. For now, I pay retail rates cause I do not trade large volume yet.

Hi Symex, You are paying too much for STOXX. Velocity offeres 4.5 EUR with free X-TRADER, or 2.5 EUR, but then you need to pay for X-Trader $500 per month. Other companies comm is about $5 per round trip. Regards, redduke

True, stronger moves more profit, but if the move is against you more loss. One of my main objectives is to minimize risk.

DAX 1 tick is 12.5 EUR, EURO STOXX 1 tick is 10 eur, so tick value difference is not that much bigger. Someone on this board called DAX - dancing DAX, and I think it is true. If you look how quickly prices change on DAX and then compare it to SOTXX, STOXX has a much slower price jumping.