Prop Futures Trading Firm

Quote from Feeman:

With that kind of pedigree, why are you hustling here to teach retail punters to trade? Bored in retirement and too much golf?

Pedigreed enough to be able to look at my TT screen and call you an ignorant fool. Pedigreed enough to have a WebICE and ClearPort ID. And to know where to do size for Nymex and ICE contracts.

And I clear NewEdge you dipshit.
 
Quote from bone:

Pedigreed enough to be able to look at my TT screen and call you an ignorant fool. Pedigreed enough to have a WebICE and ClearPort ID. And to know where to do size for Nymex and ICE contracts.

And I clear NewEdge you dipshit.
Good luck with your educational service business here on ET. I'm sure it's a good supplement to all the $millions you're earning from watching your TT screen.

Since you're so very brilliant and pedigreed, do you remember who said, "Those you can't do teach?" Given all the time you spend posting on ET, I wonder how you manage to have time for anything.
 
Quote from Feeman:

I developed an automated scalping system that can scalp futures or FX. So far I have traded DAX, NQ, YM, CL, EMD, SI, FESX, ES, ZW, and ZS from 9:30 to 12:00 ET. The software runs on NinjaTrader and coded in C#. TradingTechnologies is the datafeed.

I have watched this system trade in Sim and real money for a year and I believe it has a chance a long term edge. It is designed catch fast, short term directional movements. At times, it will stop and reverse until the daily profit/loss goal is attained.

The goal is to gain $50-$100 per instrument per contract per day (before slippage, commissions and fees. Initially, I'm trading one contract. If the system performs well, I'll increase the size. My broker is Crossland Deep Discount where I pay $.35 per side in commission plus fees.

For the purposes of this Journal, I'm going to officially start on 2/1/12 with a $10K account. I may post daily charts and/or trade blotters but will certainly include daily statements (with personal infomation omitted, of course). I'll try to be as transparent as possible.
 
Feeman, by the looks of your Crossland statement in the 'Journals' section I make or lose your account balance in a single day.

Tell Jim Zellinger and Ed Hague I said "hello" over there at Crossland - I knew them way back 20 years ago when I cleared TransMarket Group, and then later on when I cleared Advantage.
 
Quote from bone:

Feeman, by the looks of your Crossland statement in the 'Journals' section I make or lose your account balance in a single day.


Sure you do. That's why you solicit losing traders to pay you to learn how to trade. My guess is you're losing a lot more than making and vending helps pay the bills.

My Journal account is a test to see if an autotrade strat I created has an edge. The account balance is adequate for my stated purpose.
 
Quote from bone:

Feeman, by the looks of your Crossland statement in the 'Journals' section I make or lose your account balance in a single day.

Tell Jim Zellinger and Ed Hague I said "hello" over there at Crossland - I knew them way back 20 years ago when I cleared TransMarket Group, and then later on when I cleared Advantage.

ouch.
 
another thread where the wheels came off the train

The thread starter sounds confused in what he wants help with anyway
 
Quote from hitnrun:

another thread where the wheels came off the train

The thread starter sounds confused in what he wants help with anyway

You and Mav, and others were going above the call of duty with some good, solid advice. Not sure where things went wrong.

Don
 
Quote from Don Bright:

You and Mav, and others were going above the call of duty with some good, solid advice. Not sure where things went wrong.

Don

Don, when I get involved in a thread, things always seem to go wrong. Maybe it's my people's skills. :)
 
I asked the thread starter

What contracts he will trade & How many does he need to trade?

No reply

maybe he figured it out by now that he does not need a prop firm
then again he seems like he does not know how leverage works

you can only lead a horse to water lol
 
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