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If you are soley providing "educational" material you don't need to register. But when you are making calls and advising people to take those calls you must register. By encouraging people to take yours calls. i.e. giving $1000 to the person who takes the most calls, you are now holding...

on the bonds

Yes, but in my opinion it harder to scalp the Tbonds due to their lower volatily. The EC, ER2,BP, YM all have alot more daily range and intraday swings. Also, you could get at least a dollar lower commissions.

I've been doing this a long time. That ratio has gotten lower over time. However, I still didn't even average 1 tick per contract. yesterday. In my opinion to scalp effectively you need low transaction costs, and large contracts (contracts with large tick values). For most of the U.S...

commisions and exchange fees ate up about 20% of profits, generally they will range between 15%- 30% of profits

Hope this helps. Here is my blotter

"Heavy Scalpers" are in and out extremely quick. Sometimes a few seconds, other times when they get what they are looking for they will hang with it a little long say, 2-5 min maybe. The majority of my trades are under 1 min. I'll post may blotter in a spread sheet once I'm done...

That is a divergence where the less liquid contract (YM) made a new high and the "thick" contract (ES) didn't go along. Many times you will see that in correlated markets where one contact is significantly more liquid then the other.

That is not true. On the release of an ECO # everything moves at the same time(or within milliseconds) unless someone gets wind of actual release or its released early by one of the wires early, like Reuters has done on the Employment Report in the past. Even if it where true that the ZN...

I didn't mean to attack you. You and I are in agreement.

I know for a fact that there are no constant relationships in the market. There are things that last for a short time then disappear though. If you are still trying to figure this out you are way behind in the game.

Index are always leading and lagging each other based on where the money is flowing into, or out of faster. They key is to figure out which is which on any given day and use that to your advantage. It is not a constant that the ym leads the sp or the sp leads the ym. So looking for...

They need to registered as a CTA, its like a $1500 a year fee to the NFA. There are also complience rules that they must follow once they are registered.

Well said, I agree 100%.

Actually he needs to register as a CTA with the NFA since he is giving futures trading recommendations. This falls under the the supervision of the NFA and the CFTC.

Do you know what X_Trader is? If not, don't post in this thread again because you are talking about something that you know absolutely nothing about.

The london bombings where not not straight down. There was an initial selloff on the news that there was an explosion on the subway, but then the press started reporting that the explosion was due to a power surge, we saw huge short covering and initiation of longs on what appeared to be the...

This old school type of program trading is totally different from buying/selling that would come in due to moves in other asset classes, with the exception of the bond markets(interest rates).

Where you trading a couple of years ago when energy prices were really were exploding? We saw some moves in equity markets tied to energy moves then, but I haven't seen that type of correlated activity for awhile.

any thoughts on which firms?