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hi, can anyone explain which time zone i should be using if i'm trading in the asian session? i am trading hang seng and s&p500 futures in the asian time zone and i'm not sure what's the correct time zone to use. please advise!

any prop firms clearing through mf global?

Thanks for the links, mate. Yes, i think i should experiment with using market order in the morning session and with using limit order in the afternoon session; and reverse the process the next day to see which method works better for my case. I had an epiphany: maybe limit order is good...

Hi, I've a question regarding the merit of market order vs. limit order for the purpose of scalping. Say if you think the market is moving, is it better to submit a limit order or would you actually hit the bid (expecting down move) or lift the offer (expecting up move)? My own experience...

Market delta sounds interesting. How does it work? Yes spd, you're absolutely right that it's not easy to scalp the market. I've taken the advice of snowman75 and switched to an Asian product. I think I did okay for a start. Here's my result for 14 Oct 2011: A histogram distribution of my...

EPZ1 (E-Mini S&P500, Dec 11 contract). It shows 1199.25 on my screen now. What's the price on your data-feed?

Yeah, i think we may even be looking to test 1194 in the Asian session today. :)

Today, I started analyzing my trading result. It was off to a good start because I managed to capture 23 ticks versus my target of 20 ticks on 13 Oct 2011, Thursday. A histogram distribution of my P/L (1 tick = $12.50): Cumulative daily tick-based equity curve. Y-axis denotes the...

That's good. Let's learn from each other. :) Hello Laissez Faire, That's right. Scalping requires "perfect entry" and "perfect exit" in order to maximize our return. As my edge comes from technological edge, scalping does give me some advantage compared to retail trading since my...

Hi fishing, I'm based in Singapore. :)

Thanks for writing down your thoughts, Bombardier. I really appreciate it. I must say that maybe tick movement isn't really random ALL the time because my senior traders are consistent scalping the market.

Hi Bombardier, thanks for writing your thoughts down. I wish i could accept that tick movement is random because I've seen with my own eyes that fellow traders in my firm who're consistently profitable scalping the market.

Hello traders, I've just started scalping index futures for a living with a proprietary trading firm. Over the next two years, I'll be posting my progress and would love to get different perspectives from other experienced traders. Goal: On a per contract basis, my daily target is to...