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Ah ok, I think that makes it more understandable now why you stick with the Micros and dont want to switch to the Minis yet.

Thanks for putting in all that effort, but wrong. All he needs is an IOM membership, can lease it for around 300 bucks per month. If one does not want to invest this amount of money in his trading career, he better goes back to flipping burgers.

Of course there are exchange fees for Eurex contracts, but there are ways around this. Any serious futures broker should be able to help you with this.

Lease a seat ? Or switch to Eurex, and scalp the FDAX, FESX or Bund without any exchange fees !

Your trades at 7:45:xx, you are flat, then you scale in into 4 contracts (1+2+1), is that right ? I thought you only trade one contract at a time ?

And you catch all those big swings ? Anybody can be lucky and catch a 67 point swing in one day. Just go short, and come back a few hours later. Great, you are the big hero of the day. But the next day, will this work again ? But to scalp over 50 trades in a session and have a +90% win rate...

same here, thats how it works.

Yeah man, 67 point, accumulated with a single contract per trade. What a lousy performance :banghead:

sstheo, this really looks excellent, good job ! I hope you can keep up the good work and bring in the $$ day by day. Your last run in the last journal was also fantastic, but then you had to stop and disappeared for quite a while. I hope it will last longer this time, but if you continue with...

Do you really understand how a FTT works ? FTT is not an income tax, or capital gains tax ...

There are already FTT in several countries, for example France, 0.3% for buying and selling stocks of larger companies. I would not worry to much about that crap. As long as there is no global FTT, with all major countries participating, there will always be ways around this. Some doors might...

Outstanding results for the FDXM. How many contracts ? And did you scale in ?

Very nice scalpi. Was this mostly in the FDAX ?

Excellent post, eternaldelight. And thanks for the kind words :):thumbsup: But it is exactly how you say (and garachen also agrees with us): in leveraged trading, scalping, trading futures on margin, it makes little sense to me to talk in percentages. Percent profit on what ? And does it...

Hi Abubble, welcome ! Hedge funds and retail traders are something completly different. Both have their advantages and disadvantages. A retail trader cannot manipulate and control a market like some HF have done (are still doing?). But as a small retail trader, you can be in and out of the...

No black or white. Scalping adds risk by: huge leverage, high trade frequency Scalping reduces risk by: much shorter trade duration, less time in market How one balances those factors is up to the individual trader, ergo the endresult, if scalping reduces risk or increases it, is depending on...

After this post, I will not comment more on this Kevin Davey guy, because everything I say in this regard is just speculation. Everything is possible, and maybe he is really a fantastic trader. But to me, he does not seem like a successful man, at least not in trading. I have no clue about...

That Kevin Davey looks like a joke to me. Did he ever make any money from TRADING ? Champion Trader... Jim Simons is right for sure in his very own context. As a manager of a billion dollar hedge fund, you cannot just open your platform and start to trade NQ for ticks. He HAS to trade multiple...

It is totally possible, I can tell you from my experience. What is so special about it ? It can even help you, you can get clues from correlated markets. But the question to me was, is it necessary ? Today my answer is no, at least not for me. It is possible to make good money from just 1 nice...

@Laissez Faire I know about recording and uploading, for example on youtube. But thats cheap, or no ? Lots of room for manipulation. It would be a better idea to let one trader or a few traders stream their screen LIVE here on Elitetrader, realtime, without recording. But I have no idea if this...