That sounds good. I will stick at the sim for a while longer then if it is that realistic. I thought that it wouldn't give a real simulation of slippage but it sounds like it does. Thanks chaps.
I don't trade with charts. By no means do I think I'm better or worse than trader's I know because of it. But, in all honesty, it takes hours and years of staring at the market (and making a ton of mistakes) to learn price action sufficiently enough. And with the current price action of ZB and ZN (not to mention the market conditions) I wouldn't encourage trading Treasuries as a beginner right now. Doesn't matter how good you are, an eight tick sweep in your face breaks even the best traders I've met. It can cause a lack of discipline and focus. That doesn't even begin to scratch the surface of the stress and mind games it will play on you.
Good to hear there you are trading without charts TT, at least I know it is possible now. Sounds like you went to the school of hard knocks but is there any books etc worth reading for a beginner? Also are there any other contracts that might be better or everything is haywire right now?
a lot of us looked at price action only in the past.... I still use price action to trade the ten year. I think the 30Y would be hopeless becasue it sweeps too much and the sweeps mean nothing on zero volume. intraday postion trading also works too. Just have a good reason for the trade. ie lots of consolidation or the market swept and then hesitated or turned start trading tresuries and make the book deeper!!
yea this is a trade very foolish to take on heavy leverage or without options (as any, right?) I still think it is a great sell. What a great sell. There's so much cash in the sidelines...