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How is the DD(Big Dow) contract doing? Has it become the lead contract?

I think this is a very good point. I would like to discuss luck, and its affect on my trading. I am an active high volume trader. I take quick profit and losses. Every so often because I make so many trades I get LUCKY and a profitable quick scalp will become a momentum play. I will...

I agree 30-40 is a little high. I was using high volume numbers to indicate the type of leverage he could get with roughly 30,000 in his account.

I think you should ask yourself a couple of key questions before you begin full time trading again. Are you willing to adapt to an ever changing market? Obviously it was not a "GOOD" swing position because you lost money. How are you objectively judging your trades? You say you have...

I cancelled my esignal subscription at the beginning of April, and it is the best thing that I have done. I have made money 14 out of 15 days in April. I began trading on an Emini terminal on the floor of the CME. At that time I never looked at charts. I just traded from feel of the market...

You should buy a GEM membership at the CME for 22,000. Put $140,000 in 3 month CDs getting between 4.5-5%. Keep rolling the CDs over. Take the remaining $35,000 and open a futures account to trade ER2 contract(Russell 2000). Because you would own a GEM seat your clearing fees would be...

massive seller at the 770-771 area. In the morning it was 250(Credit Swiss First Boston). 250 kept a lid on the market when the S&P attempted to go positive around 9:00-9:30(is this the right time??).

i am talking yearly

A majority of the traders at Advantage also lease or own seats at the exchange. http://www.cme.com/clearing/clr/fees/index.html http://www.cme.com/trading/mem/shareprices.html http://www.cme.com/trading/mem/leaseprices.html Some of you might also look into leasing or buying trading...

if you are interested in scalping check out futurestrader71 posts. He is a scalper who has backed individuals. He goes into detail in some of his posts on how he trades. also do a search on scalping and see if you get any useful info.

probably a 100 a side per day. this is a total guess!!

25 cents a side commissions. That does not include clearing fees!!!!

Advantage will probably offer 25cents a side. You will have to pay for Xtrader. I am assuming you will be doing some volume everyday. Advantage offers 25 cents a side until you hit $16,000 in commissions then it is reduced to 5 cents a side. Jachyra what is your average daily volume?

Before I answer your question I have to ask you a couple of more questions to better understand your situation. First I must define what I believe a true prop firm is. PROP FIRM--- A firm that provides 100% of the capital and 100% of the loss/risk and shares a percentage of the profits...

shoot I only have 20,000 in my trading account. If I only made 20% I would have to get food stamps!! i think it is funny trying to breakdown your return into a percentage basis. I started trading on the floors of Chicago's futures exchanges and I never heard anyone talk percentage return...

I agree with this statement.

A chart does not have the predictable power people think it does. For example today was equity futures expiration. Is the volume still "PURE" as you state? During roll over is the volume "PURE"? How do you differentiate "Pure" and "filthy" volume? The answer is you can't. You can make an...

I am watching the price action in the NQ and ER2 and things are already getting wild. In one trade at 8:15 they brought the NQ down to the overnight lows(6-10 tick move).

The only part of the chart which is "pure" is the last traded volume. Again chart does not equal market.

I am starting this poll because I believe many on this board believe this statement is true. They stare at a chart all day believing they are looking at the "Market" but they fail to realize that the support line they see is only a line it has no relevance in the present moment. Please after...