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Ximoplanet

Hi everyone,

This is Ximo, and I am from Spain.

I am on my way to become a trader. After wasting time with indicators, I tried to trade with volume, order flow, etc...
I can see that I can do it, but still need to manage my feelings...

I am looking for someone who want to share the screen and knowledge. But, be aware that you probably are more experienced than me.

I trade YM mini, 3E, FDax, miniSP... but to be honest, I am not profitable yet.

If anyone is interested, please just tell me, and I will be in touch. Please refrain courses sellers and snake oil sellers. If you are an experienced trader, I will be more than welcome to meet you.

Regards
 
Just do yourself a favour and do not trade YM, 3E, ES and especially not FDAX!
Too volatile and too thin and even if your reads are correct, when those things spray out, you will be offside by a huge amount. It's very difficult to control risk in those markets.

Have a look at ZN, ZB and FESX. Pick one and learn it inside out. Come back after 6 months
 
Ximoplanet said:
Hi everyone,

This is Ximo, and I am from Spain.

I am on my way to become a trader. After wasting time with indicators, I tried to trade with volume, order flow, etc...
I can see that I can do it, but still need to manage my feelings...

I am looking for someone who want to share the screen and knowledge. But, be aware that you probably are more experienced than me.

I trade YM mini, 3E, FDax, miniSP... but to be honest, I am not profitable yet.

If anyone is interested, please just tell me, and I will be in touch. Please refrain courses sellers and snake oil sellers. If you are an experienced trader, I will be more than welcome to meet you.

Regards
More...
Thanks for the laugh.
 
I
Ximoplanet said:
Hi everyone,

This is Ximo, and I am from Spain.

I am on my way to become a trader. After wasting time with indicators, I tried to trade with volume, order flow, etc...
I can see that I can do it, but still need to manage my feelings...

I am looking for someone who want to share the screen and knowledge. But, be aware that you probably are more experienced than me.

I trade YM mini, 3E, FDax, miniSP... but to be honest, I am not profitable yet.

If anyone is interested, please just tell me, and I will be in touch. Please refrain courses sellers and snake oil sellers. If you are an experienced trader, I will be more than welcome to meet you.

Regards
More...
I wish you luck in your quest, but, why would a successful trader do that? I am not saying they won't. After all seek and you shall find is a life principle.

However, snake oil sales people and marginal traders will far outnumber - maybe even a million to one - the saintly priestess offering you something for nothing.
 
MrMuppet said:
Just do yourself a favour and do not trade YM, 3E, ES and especially not FDAX!
Too volatile and too thin and even if your reads are correct, when those things spray out, you will be offside by a huge amount. It's very difficult to control risk in those markets.

Have a look at ZN, ZB and FESX. Pick one and learn it inside out. Come back after 6 months
More...

FESX over FDAX? Really? Because FDAX moves more it gives more as well... not to mention the fact that FESX book is sometimes a pain in the a$$... at least with FDAX you get fills without having to cross a huge spread... FESX b/ spread is 10x the FDAX spread....

Anyway... each their own.
 
... r u trading CFD's or what? FDAX is 12,50€ per tick and FESX is 10€...so even when you are lucky enough to find an FDAX - market that is only 1 tick wide, you are paying more IF you decide to cross the spread. You probably never have to go to market in the FESX, cause the contract is liquid as hell.

Also, I wrote about risk control. I know that is a concept foreign to you but for scalpers it's imperative. If I want to risk 2 ticks and only lose 2 ticks, that's good.

But If I want to risk let's say 2 points in the FDAX and lose ten because it blipped 3 without any trade and another guy hit 14 bids with 50 contracts...thats bad.

Just because a chart looks pretty, doesn't mean the market is, too
 
MrMuppet said:
... r u trading CFD's or what? FDAX is 12,50€ per tick and FESX is 10€...so even when you are lucky enough to find an FDAX - market that is only 1 tick wide, you are paying more IF you decide to cross the spread. You probably never have to go to market in the FESX, cause the contract is liquid as hell.

Also, I wrote about risk control. I know that is a concept foreign to you but for scalpers it's imperative. If I want to risk 2 ticks and only lose 2 ticks, that's good.

But If I want to risk let's say 2 points in the FDAX and lose ten because it blipped 3 without any trade and another guy hit 14 bids with 50 contracts...thats bad.

Just because a chart looks pretty, doesn't mean the market is, too
More...

No, I mean... if I want to trade 20 FESX and cross the market because I can't get a quick fill... that 'costs' me 200 euros extra while 2 FDAX crossing 2 ticks will cost me 50 euros...

FDAX fills more easily on limit orders... FESX on limit sucks. Sure it's massively liquid on the book, but that doesn't mean you get good fills if you need it.

If you want to trade 1000 futures.. yes.. than FESX is probably the way to go... the equivalent of about 70 FDAX is a bit harder...

Scalping in FDAX is way easier.. because it might take a while to get 2 ticks out of FESX...
 
Well, I'm not quite sure if you even know what you are talking about...The whole concept of scalping with the DOM is finding large orders transacting and going with them.

So you not just click into a couple of contracts into a "breakout" or because some screen - spaghetti told you so. You find an order, you lean on it and when it doesn't work out, you are gone for either a scratch or a 1-2 tick loser.

FESX trades 20-50k contracts at important prices, FDAX barely trades 500. So IF you really want to get filled via LMT - order, your chances are way better in the FESX.

Also, the math of yours is so...flawed. "Crossing" the spread is completely irrelevant. The only thing that counts is the difference between your entry and your exit. If you want to get out in the FESX, you post a LMT order and most of the time you get filled by the backtick and get out at even....I want you see doing that in the FDAX XD
 
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