FastTrader Futures-Trading Journal

Discussion in 'Journals' started by EMini-Player, Oct 10, 2003.

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  1. For the emini, sim fills = real life fills. Hell, for the emini, you can backtest on the 5 minute chart, take your entry price as the first trade after the bar closes-- in real life, 90% of the time when you do this, you will get that price. 10% you'll get +/- a tick... sometimes worse, but sometimes better. I know, because I did this for some time.
     
    #241     Dec 9, 2003
  2. Alright, account with Open E Cry is now open and funded. Will trade with them Live tomorrow. I leave next Wednesday, and don't plan on doing a lot of trading...maybe a small trade here and there, but I will update the journal if I put on any trades.

    -Fast
     
    #242     Dec 10, 2003
  3. If you trade NQ go to the long side.

    MichaeL B.


     
    #243     Dec 10, 2003
  4. Just want to say, this Open E Cry platform is awesome! I didn't expect it to be faster than TWS, but it is faster! I think it's because the quotes are real-time streaming vs. snap-shots every second or so. I'm impressed! The service is 100 times better as well :)

    -Fast
     
    #244     Dec 11, 2003
  5. Good call Michael!

    -Fast
     
    #245     Dec 11, 2003
  6. nkhoi

    nkhoi

    using DOM or just regular fast entry screen?
     
    #246     Dec 11, 2003
  7. DOM. :cool:

    -Fast
     
    #247     Dec 11, 2003
  8. Magna

    Magna Administrator

    Not even. While the liquidity in the minis (especially the ES) is so thick that slippage is usually non-existent, fills on sims are instantaneous when your bid/offer is hit, whereas in real life you're usually stranded at the end of a long queue, maybe 1000 cars ahead of you, patiently waiting... waiting... (of course if price passes thru then you're filled either way).
     
    #248     Dec 11, 2003
  9. nkhoi

    nkhoi

    alright, givemefive!
     
    #249     Dec 11, 2003
  10. Trading off DOM is awesome! I'm not necessarily scalping for ticks, but it would work very well for scalping. Today was my first day with OEC live, and I am so glad I switched! Didn't make too much, but enough to pay for all the books I bought yesterday :)

    -Fast
     
    #250     Dec 11, 2003
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