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I was wondering if any of you take into account what ES is doing to make your ER2 calls. I scalp ER2. I would be flying blind if I was not watching the spread between ER2 and ES. For example if you are looking to get long ER2 and it is the weaker index you probably are going to get stopped...

I was wondering if any of you take into account what ES is doing to make your ER2 calls. I scalp ER2. I would be flying blind if I was not watching the spread between ER2 and ES. For example if you are looking to get long ER2 and it is the weaker index you probably are going to get...

I only watch TT MD trader. I trade ER2. Watch ES, ER2 and NQ via MD Trader(Dome).

How about no chart!!!!!

08-12-06 10:41 AM CME/Globex does not support the typical market order. They only support "market with protection". Market with protection is a limit order with a price of 50% of the no bust range. The "No Bust Range" in ES is 6 points so a "market with protection order" would be a...

My autospreader setup Working orders only in ER2 ES leg is set at -4. So when ER2 leg is hit a limit order is sent into ES -4 ticks from last. So if ES is 1304-1304.25 the limit order would be a buy order for 1303. Then I just cancel the order.

I scalp ER2. I recently paid up for autospreader just so I could see the ER2-ES spread. It has made a tremendous difference in my trading. I also work my countertrend orders thru the autospreader. This has been very helpful because I do not get run over as often. What I do is work an...

Is anyone attempting to hide their daily p/l?

This struggle you are describing is a good thing. You will be able to train your mind to focus on what is important for your trading success ----- the next trading opportunity I will describe how my mind works when I update my fill window. I will first describe how my workstation is set up...

The important part of the book is writing your Definiteness of Purpose and following the chapter on autosuggestion. After reading the first 4 chapters I wrote my Definiteness of purpose. I just copied it from the example in the Chapter on Autosuggestion and changed a couple of words.

Scalper21 trading system brought to elite trading for no charge!!! 1)keep losers small--- this is done primarily two ways. One by exiting losers quickly. Second most of my losers are smaller quantity that my winning trades. 2)at the end of the day I should be profitable everyday. This is...

I have to apologize to everyone. My comment about being able to make $5,000 with a $20,000 account was not meant to show that I am a 7 figure trader. I am not. I will be!! I was trying to get everyones attention by showing that a traders daily profitability goal is destructive. If I woke...

I have been at this game for around 8 years. I have to agree with Lescor that my statement for a new trader is unrealistic.

I look at each trade separately. I do not hold losers for very long. If a trade goes against me I look to get out quickly. As I stated in my previous post I trade actively. I am looking to come out ahead by the end of the day by having a higher % of winners to losers. Also my average loser...

I can make 5,000 on a 20,000 account!!!! Trade futures better bang for your buck! I have not read all of the comments on this thread, but the ones I have read show me that most of you will never be able to make 5,000 in a day. It has nothing to do with your trading style or market you...

Yes the updated quotes are from the electronic market makers. In the currency markets the market makers update their quotes when the EBS(Electronic Bank System which is the spot market for big banks) quotes are updated. 2850 what market is this quote from?

I read thru your posts and found the book you recommended by Napoleon Hill. I am confident it is going to bring me the succcess I have felt capable of. After reading the first couple of chapters I wrote my Definiteness of Purpose using the example he provides. After I wrote my Definiteness...

How do you calculate the spam margin requirements for your naked position? Did you put the position on in one day?

http://elitetrader.com/vb/showthread.php?s=&threadid=71131

What type of stops? Limit orders or market orders? I ask because CME/Globex does not support the typical market order. They only support "market with protection". Market with protection is a limit order with a price of 50% of the no bust range. The "No Bust Range" in ES is 6 points so a...