How would you define "scalping"?

Waste of time refers to me trying to defend anything on a demo, given who I was responding to in my post. You've used your 7 posts wisely I see

 

my success as a trader is well documented.

Only reason I am tesing demos is to mearly swich brokers.
Demos have a valuable porpose that you refuse to acknowlage.
Only reason I am here on this forum is because of its discussion on brokers. Then hedging was mentioned(wich I am very good at) So I entered my 2 cents.

I manage another persons account as well as my own, and am looking for the best possible broker. I want to take on more investors but not untill I decide on a broker.
Any broker recomendations in your vast knowlage and experiance?

Dave

 

Interactive Brokers.

 

where? in your 7posts?

hope u don't trade as u spell.

 

I scalp, well its not real a scalp, a scalp is buying the bid and selling the offer.

What I do is, take 4 pips a time out of the market. up to 10 times a day.

I trade CME EUR/USD Futures.

 

This is my scalping:

ES = 2 ticks__4 contracts
ER = 2 ticks__4 contracts
YM = 4 or 5 ticks__4 contracts

EURUSD = 10 pips (but I have stopped trading Forex....I would rather trade the EuroFX)

VSTscalper

 

I think you would get whipped trading the YM for 4 to 5 ticks.

It should be the other way round 4 to 5 for EURFX and 10 for the YM just my opinion i traded the YM for 4 years. and the s&p 2 ticks it about right for that one.

 

I didn't put up anything for the EuroFX.

I only trade the YM now and then....but I have never had a problem with 4 or 5 ticks. I started on the ES....but also like the ER. Have been trading the EMD some....because it is similar to the ER....although less volume. Most of the time I trade the ER.

VSTscalper

 

What NFP stands for, and how often they released.

 

Non Farm Payrolls. Released once a month. Check Bloomberg.com and go to the economic calendar for full descriptions.