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Yes I am looking at the MD Trader window on a TT workstation. http://www.tradingtechnologies.com/xtrader.aspx

By the way I do not use charts. I think they are a waste of time.

You say you are experienced so I will not waste any time.... I trade stock index futures at CME. To be successful trading futures it is important to keep your transaction costs to a minimum. This will allow you the opportunity to trade actively throughout the day. The only way to...

Taking losers quickly is a smart strategy. However, it will only provide successful results if you are a very active futures trader!! You cannot make 1-10 trades a day with a three tick stop and expect to be successful. You would have to make 25-150 trades a day for this strategy to be...

:D :D :D

I agree that staring at one market can make trading to microscopic. That is why I look at ER2, ES, NQ. I am mostly looking to see how ER2 is correlating to the ES contract. This gives me an idea of the overall market.

http://www.tradingtechnologies.com/xtrader.aspx

I might be sideswiped by life, but..... I will not be packing heat the rest of my life!!!!!!!!

This is f u c k i n g funny. If you made this up you should think about changing your career and begin writing novels. If this is true well......

You defininetly should be watching the ES(S&P 500 mini) contract. At times the Dow will have a mind of its own, but normally it will ride the wave of the S&P 500.

The one thing I cann't stand about poker is how much time you have to play for!! I was in a tournament in Vegas($60 buy in) that took 5 hours. I came in 14 place and won $0!! There are traders who make 7 figure incomes only trading the first hour of the trading day.

I will give a couple examples of tape reading skills. I am a futures trader and all these examples are based on the MD Trader window on a TT workstation. The market is ER2 at the CME. The order book is 5 deep on bid ask. 1. ER2 is 2 ticks from the highs of the day. ES just made new...

If you trade CME products your counterparty is identified. In my fill window on my TT workstation I can see who my counterparty is. There are traders in the CME index futures who use this information to make trades and muscle the markets. For example, in ER2 Firm 815(customer account of...

Open a futures account. Pay the TT fee and stare at an MD Trader window for a couple of weeks. I do not know of any book that helps with tape reading skills.

It isn't "weird". It is what makes you unique. You probably will become a more confident trader if you trust this perception!! This perception is your edge. I would even suggest you stop using your charts. It is not a problem it is a FACT !!! No one knows how long any move will last...

I scalp without charts. The only windows open on my workstation are three MD Trader (TT) ladders of ES, ER2, and NQ. I find charts usless even a hindurance to my trading.

Did you ever think about leasing a seat? An IOM(trade ES and NQ) seat rents for roughly $800. A GEM(ER2) is renting for $200-$300 This would reduce your clearing fees from 1.7 a round turn to .42(plus $50 a day in globex fee cap per day maximum) a round turn. You would save roughly...

He is right. I trade ER2(Russell 2000 futures contract) at the CME. It might be in your best interest to take a look at the Index futures at the CME.

Come on some of the blatant cruelty does nothing, but reduce this board to a bitch fest!!!

good post