Quote from Urkel:
Reading suggestions:
"High Probability Trading" by Link
"Trading in the Zone" by Douglas
If this is type of trading that you want to continue to do(scalping) understand what it is to have an "edge", find your edge in the market(s) you trade. Why I said to stop what your doing is because the way you described you platform(it giving you fills up to 10 min late) is like giving up a huge edge to other market participants who get their fills instantly...
Edge can be...
Your ability to read identify patterns from a chart
Your disclipline to follow your system entries/exits
Your speed/execution to the exchange if you trade electronically
Your newsfeed
Feeling you don't always have to put a trade on
Your desire to put a trade on because you know you have an edge in the market
Not putting on a trade because the market(s) do not present an opportunity for you to make a high probability trade
I'm talking about bid/ask scalping and the 10min. late fills are from buying bid and selling ask cos there are 200 contr. in front of me. But, I know people do it today and will do it tomorrow.
The thing is that I canât find anything in the net about this, nor at any book that I've read or in any forum discussions.