I love those encrypted messages and seemingly deep ideas. Are they of your own creation or do you "gas up" from one of Mr. Gupta's sites. Btw. your handle makes me paranoid, since my car uses W40 as well, no D thou.
i'm not sure what you mean by "i see some positions", but the positions with black background and white text are not viewable while price is where it is in the spreadsheet. the viewable depth is always five on each side. that doesn't mean people don't already have resting orders for several full points in either direction. if that doesn't address your question, please explain further. also, i don't mean to imply what you are trying to do won't work. i am saying that, along with having the commission structure to support it, you need to know as much about the scenario you are interested in trading. even if the edge is razor thin, if you can consistently exploit it, then begin immediately. hth
Quote from gnome: "Scalping for quarters" in the ES is like trying to pick up dimes in front of a steam roller. -------------------------------------------------------------------------------- Are you saying that nobody in the industry is presently doing it???? ============================================== No, what he is saying is that it's a foolish thing to do because the R/R ratio is way out of whack. In other words, you may get a few dimes, or maybe even a handful of them, but sooner or later you're gonna get squished.
Maybe this has already been asked in this thread or the one before it, but saxon22, why in the world would you only want to go for 1/4 pt?
I tested using Open E-cry and the fills are definatley not the same as real...trust me...reversals and fills are off by a tick in the ES...so in a reversal.... thats double trouble! Also unless your bracket trading and not discretionarily trading you will not be able endure 10 losses in a row...and you will find yourself second guessing and gambling... I have not read this entire thread, so excuse me if my post is repetitive or been answered.. Michael B.
Well, I guess I will have to get out my speed reading book so I can get up to par so I can find the answer...