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    FastTrader Futures-Trading Journal

    Perhaps you should do some research on it. It's definitely possible.
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    FastTrader Futures-Trading Journal

    "Drive-In" you mean? :p
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    FastTrader Futures-Trading Journal

    Well, it's definitely different in different instruments ... Such as ES, which is heavily arbed, so you can't really trust 1-2T movements to any meaning anyway... Mind you though, my standard "emergency" stop bracket on DAX is 4T, and most of the time I won't let it get that far. Sure, 1T is...
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    FastTrader Futures-Trading Journal

    Hey FasterPussycat, howya goin' mate? Still flipping burgers, driving around your pee-yellow '69 Corvette and dreaming of being a "trader"? :)
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    High Pings & Latencies in Day Trading?

    Good ole Europe, ey? Jeez, it's been a few years now but I still miss the technology standards over there...
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    FastTrader Futures-Trading Journal

    That's a good question... Actually...! Fast, I still spend about 3-5h a day on research, logging, training, development, etc etc, this is aside from RTH! Where can you fit the time in? I tell you something with confidence: Trading is hard work. You can't just sit down and make money. The...
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    FastTrader Futures-Trading Journal

    Well ... get the f*ck out! :cool: That's what scalpers do. If a trade moves against me 1-2T or so, I'll often just exit. If it didn't turn out exactly the way you anticipated it in the first place - why linger? More often you're better off stop-reversing than holding. Or as Mark /...
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    High Pings & Latencies in Day Trading?

    500ms? Are you sure? How many times did you try? Maybe it's latency in your computer or sth? I just tried the same and averaged 167ms in 30 tries. While the odd men out were anything between 90-240ms, about 90% were 160-170, so I assume that's my "brain latency". Now, I've thought about this...
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    High Pings & Latencies in Day Trading?

    That's all very nice if you're Victor Niederhoffer, doing one trade a day. If you're actually trading actively, like a scalper who reacts to the very moment of a bid/ask shrinking and needs to get an order in like, ideally yesterday, things look very, VERY different, and if you think you can...
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    If you had to name one quality to succeed in trading, what would it be?

    Discipline? Completely overrated. Discipline is like a straight-jacket you need in order to keep your mental conflicts in check from bouncing up & down the walls, and to make you do things you "don't want to do". However, ideally, you need to resolve your mental conflicts by drawing all the...
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    Amt4swa

    Who cares if he is or he isn't? Remember, people can't let you down unless you let them. They can only let themselves down. So the question if trader XY or Z is "real" or "not real", while probably being the most common question on ET, is actually completely superfluous and unnecessary. Until...
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    Amt4swa

    That's kinda real scary! Hope he didn't do anything terrible to himself! All I remember is him adding more and more to his shorts during that massive, neverending bull. Hope he didn't blow his lifestake. Best Regards and say hello if you're here AMT! Scientist
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    If you had to name one quality to succeed in trading, what would it be?

    The whole discussion about MM is just a waste of time IMHO. Just look at all the glorious "money managers" out there. If MM was the key trading success, then 97% of ET'ers would be successful traders. Myself, I make sure I have good R:R ratios in my trades and/or a high hit rate, and not put...
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    If you had to name one quality to succeed in trading, what would it be?

    There are many traits required to succeed as a trader. But for me the most important one is without question perseverance. Myself, I have never even questioned IF I can do something, but only "when" I will get there. That through perseverance I will get wherever I want to get is only a matter...
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    If you had to name one quality to succeed in trading, what would it be?

    Exactly. The easiest way to make a small fortune trading is to start with a big fortune.
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    High Pings & Latencies in Day Trading?

    hey stock777, thanks for the words, but I have already gone in on exactly all this on this thread - you, the 'executor' being the weakest link. However, regardless of how fast you are, the guys with the faster ping will clearly get their order in before you do and grab your trade - given...
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    Repetition, The Mother of Success and Failure. RAMOUTAR REPORT VOLUME 10

    Thanks for your words, Ramoutar. Okay, you are clearly a much more experienced trader than me and therefore you can refer to a much larger "internal database" of trading experiences, market events and chart patterns and behaviours. I suppose one day, I will be just as able as you to...
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    Repetition, The Mother of Success and Failure. RAMOUTAR REPORT VOLUME 10

    Here the DIY manual for faking your statements. May the force be with you.
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    Repetition, The Mother of Success and Failure. RAMOUTAR REPORT VOLUME 10

    Funny to see you reply. To be honest, I can't be bothered going in on all that stuff - lies and nonsense - again. What a waste of time! As for your notion that I claimed you're faking statements; Give me a break! I never said that (quote me!) All I said is that I could do it, therefore I...
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    High Pings & Latencies in Day Trading?

    LOL! That is so funny you mention that! I talked to my local TT rep (TT Australia) last week and we discussed latencies. He said: "Hey, we're routing your orders to Eurex in less than 350ms. That's about half the time it takes with even the closest competitor. How much faster do you want...
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