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  1. G

    Velocity Trader DAX Journal

    Haven't tried NIKKI or Hong Kong. I'm looking into it though, finding out about connectivity right now. Talking to TT to see if they can provide access to it via their X-Trader software.
  2. G

    Velocity Trader DAX Journal

    The DAX is better then the DOW in my opinion for scalping becuase of the lower exchange fees. In my opinion. I think the DOW is the best scalping market in the US at the moment(for stock indexes), but its low tick value is what I don't like.
  3. G

    Velocity Trader DAX Journal

    As of late I've been taking a lot of 1-3 pt moves occassionally 5-6, and maybe a 10 pt move once a week.. 6 months ago I was taking alot of 3-5 pt moves, occassionally 8-10, and maybe once a week 15-20pt
  4. G

    Velocity Trader DAX Journal

    A few months a go I was making fewer trades and holding a little bit longer. I was still scalping but not as quick to take profits.
  5. G

    Velocity Trader DAX Journal

    no play "on" the #, but a couple min later bought as we took out the high
  6. G

    Velocity Trader DAX Journal

    Yes, but I got chopped up a little.
  7. G

    Velocity Trader DAX Journal

    IFO ind. survey 96.5 est range of est.'s (95.4-97.6)
  8. G

    Velocity Trader DAX Journal

    IFO Current Assessement 84.4 est. range of est.'s (82.8-86) IFO Expectations 109.0 est. range of est.'s (106-110.2)
  9. G

    Velocity Trader DAX Journal

    159 x 159 = 3012.5 euro (gross) 2726.3 euro (net) $3713.5 U.S. (gross) $3375 U.S. (net) I was reviewing my trades from the last couple weeks and noticed that I have been giving alot of profits back during the 4:00 am -7:00 am (central time). So today I found myself...
  10. G

    Velocity Trader DAX Journal

    I agree with you 100%, you must know youself and your tendencies
  11. G

    Velocity Trader DAX Journal

    The books I've read are on cognitive science, not trading psychology. What I'm into is how we make decisions, and how we think. And why when making decisions with an uncertain outcome, our decision making process is often flawed. The books I read deal with these issues. The ones I...
  12. G

    Velocity Trader DAX Journal

    No I don't. I have got burned a couple times on spikes, but I don't think a stop would make much of a difference where I got out at becuase the exchange doesn't hold the stop orders, the software platfoms you trade on do, at least with Eurex. With the 2 second snap shot quotes that Eurex uses...
  13. G

    Velocity Trader DAX Journal

    I've been doing this along time. It takes alot of experience and discipline. I know people who make more then 200K a year, I know more people who have lost thousands though. Don't be fooled it's not easy to learn to scalp or trade, for that matter, but it can be done. Remember futures...
  14. G

    Velocity Trader DAX Journal

    Yes, entry is very critcal for a scalper, one or two ticks can make me stay in or get out of a trade. So, if I can get a good entry I have more room to give my trade. I mostly use limit oreders. I bid and offer to enter a trade about 80% of the time. The rest of the time I hit the bid of...
  15. G

    Velocity Trader DAX Journal

    138 x 138 = 1712.5 euro(gross) 1464.1 euro(net) $2111.5 U.S. (gross) $1805 U.S.(net) I didn't trade very much today. I didn't get much rest yesterday and was exhuasted by 2am last night. I traded the first 90 min. then took a nap until 8:00 am. I traded the...
  16. G

    Velocity Trader DAX Journal

    I'm sorry I don't know what you are talking about. I'm trading the DEC. contract. It doesn't roll with the minis. It trades right up to expiration
  17. G

    Velocity Trader DAX Journal

    That is the volume that has traded at each price though out the day.
  18. G

    Velocity Trader DAX Journal

    I trade the break out of the first 5 min. range, 15 min range, and 30 min range. These times are approximations. If its 12 min into the the day and we are making new highs or lows I go with it I don't necessarily wait for 15 one min bars to form. If it is a wild open I might bid and offer...
  19. G

    Velocity Trader DAX Journal

    here is what I see
  20. G

    Velocity Trader DAX Journal

    No, I haven't taken any psychological training, but I have read numerous books on cognitive science which i guess is a field of psychology. I am big into the psychology behind trading, though most of what I have have learned has been through talking to other traders watching other traders, and...
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