ER2 and ES on X_Trader

Discussion in 'Index Futures' started by Joel Reymont, Dec 28, 2006.

  1. Is anyone scalping ER2 and ES using X_Trader?

    I'm just starting out, using the simulator for the time being. It took me a couple of days of $200 losses to get up to speed but I'm up $727 from a $200 loss today, before lunch.

    This includes a win of $840 on the ER over 36 trades and a loss of 112.50 on the ES over 5 trades. I suppose I also need to take out 5.75 x 18 = $103.50 in commissions but it seems that my strategy is sound.

    What do you think?

    I trade 1-2 contracts at a time and go for profit of 4+ ticks on the ER and set my stop loss 5 ticks back. The only exception to this was when I actually hit on my strategy and went into the black by covering a short of 6 ER contracts.

    My account is with Velocity Futures and I look to fund it with 10-15k shortly. My goal would be to automate my strategy using the FIX adapter, backtest it and run it every day, until I'm sure that it's sound.

    Please let me know if you are scalping ER/ES and are interested in trading tips or discussing X_Trader, FIX interfaces or automation.

    Thanks, Joel