profit target for scalpers/active day traders

Discussion in 'Index Futures' started by enlightedtrader, Sep 2, 2007.

  1. ssss

    ssss

    I've done a few weeks of 1-lot scalping the FESX-contract, and 60% is not very hard to achieve, even over 1000 trades


    Excuse the author , Sir

    Author is week price winner by Contest with DAX best result per week against approx 15000 competitors .

    Author Result for pure DAX/ currency alsov present in contest/
    539.39% for week is best to date for 5 years .

    Contest is paper money ,but real time quote .Part of derivative
    in portofolio was limited to 20% only (true perfomance higher as 539.39% ,which was performed with solely with 20% of portofolio) . For small capital as 2000-5000 euro result can be some relevant

    That was 339 operations .But decisive was sequence

    1 win from 100k until 350 k euro (from 20 k euro derivative
    dax was made 270 k euro)
    2 loss from 350k untill 150 k
    3 win from 150k euro until 520 k euro

    After that with high /very high risk was performed row of multiple operations from 520 k until 639.39 k euro
    But risk by multiple operations with small profit was
    not lower as by second loss

    Best wish ...

    As stated ,not observed to date for multiple years with any
    instruments ,not received in he's paper money tests any
    relevant scalping result .

    If you have any ,please inform author .

    Best result for day by paper moeny real time testing by high liquid market was 700 % for day with GBP/JPY .But it was 3 operations ,not scalping .
     
    #21     Sep 3, 2007
  2. ssss

    ssss

    An experienced scalper can change tactics, use intuition, creativity and c u n n i n g even to come out ahead in the game.

    ############################

    .... Sir

    As stated before to date not observed by retail any relevant scalping result .If you have any public record from any operator by any contest ,please send.

    Best was in Russia (trading result exist) future contest .But as stated
    before ,that result calculation was deceptive and commission fees payed only after contest end (not calculated to result)

    By institutional (market maker by stock ,options ) scalping can play important role
     
    #22     Sep 3, 2007
  3. My past experience is that I will give back too much to the market if using trailing stop.

    I usually exit when I see the first sign of adverse price movement if my profit target has not been hit yet. I have to admit that I tend to exit earlier in many trades. This is definitely one aspect that I need to improve.

    Regarding trailing stop, I will do some test to see whether it will be helpful to improve the reward/loss ratio. My gut feeling is that trailing stop may be particularly useful for continuation set-up at the early to middle stage of a trending move.
     
    #23     Sep 3, 2007
  4. autocore

    autocore

    With trading costs described by ssss no one has a chance to survive scalping.


    But locals often pay only 5 Cent per half turn and for example an exchange fee on the dax of 50 Cent on a half turn. The entry is not always a spread crossing market order . It could be a Spread Winning Limit order filled by others.
    Yes there are a lot of profitable scalpers out there. With Sharpe Ratios much higher than any mid or long term trader.

    regards
     
    #24     Sep 3, 2007
  5. Cesko

    Cesko


    WTF???

    Otherwise, good thread.
     
    #25     Sep 3, 2007
  6. ssss

    ssss

    WTF???

    Otherwise, good thread.
    #######################
    Any dubios ?

    Win is accepted from Germany Head of Derivative department
    and director of BAFIN(Germany SEC)


    https://portal.commerzbank.de/trader2005/news.html
    Der sechste Wochensieger kommt aus Hamburg! [25.10.2005]
    Das trader2005-Tem gratuliert Herrn Swatoslaw Gerus zum Gewinn des Wochengewinns in Höhe von 2.222 Euro.

    Mit insgesamt 339 Trades in nur einer Spielwoche gelang es dem Wochengewinner "milstar" sich mit einer Wochenperformance von 539,90% an die Spitze der Tradergemeinde zu setzen. Er spekulierte dabei ausschließlich mit Turbozertifikaten auf den DAX30. Sowohl Turbozertifikate mit Laufzeitbegrenzung als auch die neuen SMART Turbozertifikate wurden von ihm geschickt eingesetzt.

    Der Mitspieler "william" belegte mit 490,78% in der vergangenen Woche einen tollen zweiten Platz und konnte sich in der Gesamtrangliste sogar an die Spitze setzen. Der dritte Platz ging an den Trader "helmut60" mit einer Wertentwicklung von +412,92%.

    Das trader2005-Team wüncht allen Tradern für die verbleibenden beiden Spielwochen viel Erfolg und Spass beim Traden!

    Mit freundlichen Grüßen

    Ihr trader2005-Team
     
    #26     Sep 3, 2007
  7. ssss

    ssss

    It is best ,what was observed ,related to scalping
    (record day today present) more as 10000 operations
    for 3 month with start capital 1500 $ and result 1148% for three month
    http://www.rts.ru/main/investor/
    (press result ,date and you can read record day for day)

    but as stated before

    1.That is undeveloped market Russia

    2. % calculation deceptive ,as Broker commission was not included in moment of performing of each operation

    Broker commission (approx 500 $ each month through
    specific broker agreement ) was not included generaly
    and paeyed after contest end

    If included ,that was only 100% per month ,if payed
    in moment of each operation possibly result would "0"
     
    #27     Sep 3, 2007
  8. ssss

    ssss

    It is best result ,which was observed by any instrument
    855% on capital 3000$ per month by fxcm.com contest
    from some operator from australia . it is not scalping
    first operation 150k GBP/JPY on 3000$ startcapital

    CLOSED TRADE LIST

    Ticket # Currency Volume Date Sold Bought Gross P/L Inter Net P/L
    Condition
    05553084 GBP/JPY 50K 4/2/2007 17:01 231.39 Mkt
    4/13/2007 18:46 234.80 1,731.58 224.00 1,955.58 S
    05553144 GBP/JPY 50K 4/2/2007 17:01 231.55 Mkt
    4/13/2007 18:46 234.80 1,650.33 224.00 1,874.33 S
    05555273 GBP/JPY 50K 4/2/2007 17:01 231.91 Mkt
    4/13/2007 18:46 234.80 1,467.53 208.00 1,675.53 S
    05557338 GBP/JPY 100K 4/3/2007 19:13 234.50 Mkt
    4/3/2007 22:46 234.58 82.75 0.00 82.75 C
    05557598 GBP/JPY 100K 4/3/2007 23:52 234.86 Mkt
    4/5/2007 21:00 233.70 -1,194.09 192.00 -1,002.09 S
    05557599 GBP/JPY 100K 4/3/2007 23:53 234.85 Mkt
    4/13/2007 18:46 234.80 -50.78 384.00 333.22 S
    05558330 GBP/JPY 100K 4/4/2007 12:12 234.35 Mkt
    4/13/2007 18:46 234.80 457.02 352.00 809.02 S
    05558903 GBP/JPY 50K 4/4/2007 18:40 234.69 Mkt
    4/4/2007 22:42 234.20 -253.39 0.00 -253.39 S
    05558829 GBP/JPY 100K 4/4/2007 20:21 234.90 SE
    4/5/2007 21:00 233.71 -1,224.67 160.00 -1,064.67 S
    05560581 GBP/JPY 100K 4/5/2007 21:05 234.07 Mkt
    4/13/2007 18:46 234.80 741.38 192.00 933.38 S
    05561461 GBP/JPY 50K 4/6/2007 15:54 234.34 Mkt
    4/6/2007 22:30 233.70 -328.74 0.00 -328.74 S
    05565389 GBP/JPY 100K 4/11/2007 10:34 235.19 Mkt
    4/13/2007 18:46 234.80 -396.08 128.00 -268.08 S
    05565902 GBP/JPY 100K 4/11/2007 18:13 235.65 Mkt
    4/13/2007 18:46 234.80 -863.25 128.00 -735.25 S
    05567245 GBP/JPY 100K 4/12/2007 15:26 236.04 Mkt
    4/13/2007 18:46 234.80 -1,259.33 32.00 -1,227.33 S
    05567246 GBP/JPY 100K 4/12/2007 15:26 236.05 Mkt
    4/13/2007 18:46 234.80 -1,269.49 32.00 -1,237.49 S
    05567998 GBP/JPY 100K 4/13/2007 0:04 235.34 Mkt
    4/13/2007 18:46 234.80 -548.42 32.00 -516.42 S
    05569190 GBP/JPY 100K 4/13/2007 18:48 234.94 Mkt
    4/13/2007 21:52 235.51 -577.71 0.00 -577.71 C
    05569192 GBP/JPY 100K 4/13/2007 18:48 234.93 Mkt
    4/13/2007 21:52 235.53 -608.12 0.00 -608.12 C
    05569195 GBP/JPY 100K 4/13/2007 18:49 234.96 Mkt
    4/13/2007 21:52 235.53 -577.71 0.00 -577.71 C
    05569196 GBP/JPY 100K 4/13/2007 18:49 234.94 Mkt
    4/13/2007 21:51 235.52 -587.82 0.00 -587.82 C
    05569203 GBP/JPY 100K 4/13/2007 18:51 234.93 Mkt
    4/13/2007 21:44 235.42 -496.86 0.00 -496.86 C
    05569383 GBP/JPY 100K 4/13/2007 20:18 234.90 Mkt
    4/13/2007 21:44 235.41 -517.06 0.00 -517.06 S
    05569416 GBP/JPY 100K 4/13/2007 21:52 235.53 Mkt
    4/16/2007 9:29 236.95 1,426.63 32.00 1,458.63 C
    05569417 GBP/JPY 100K 4/13/2007 21:52 235.53 Mkt
    4/16/2007 9:29 236.94 1,416.59 32.00 1,448.59 C
    05569418 GBP/JPY 100K 4/13/2007 21:53 235.53 Mkt
    4/16/2007 9:29 236.94 1,416.59 32.00 1,448.59 C
    05569419 GBP/JPY 100K 4/13/2007 21:54 235.56 Mkt
    4/16/2007 9:29 236.94 1,386.45 32.00 1,418.45 C
    05569448 GBP/JPY 100K 4/13/2007 22:25 235.64 Mkt
    4/16/2007 9:29 236.94 1,306.20 32.00 1,338.20 C
    05570353 GBP/JPY 100K 4/16/2007 9:47 237.17 Mkt
    4/17/2007 1:42 238.63 -1,463.00 0.00 -1,463.00 S
    05570354 GBP/JPY 100K 4/16/2007 9:47 237.16 Mkt
    4/17/2007 1:42 238.63 -1,473.02 0.00 -1,473.02 S
    05570355 GBP/JPY 100K 4/16/2007 9:47 237.14 Mkt
    4/17/2007 1:42 238.63 -1,493.06 0.00 -1,493.06 S
    05570356 GBP/JPY 100K 4/16/2007 9:47 237.15 Mkt
    4/17/2007 1:42 238.63 -1,483.04 0.00 -1,483.04 S
    05570689 GBP/JPY 100K 4/16/2007 10:02 236.78 SE
    4/16/2007 16:41 237.81 -1,034.81 0.00 -1,034.81 S
    05570690 GBP/JPY 100K 4/16/2007 10:02 236.78 SE
    4/16/2007 16:41 237.81 -1,034.81 0.00 -1,034.81 S
    05571289 GBP/JPY 100K 4/16/2007 21:13 238.05 Mkt
    4/17/2007 1:42 238.63 -581.19 0.00 -581.19 S
    05571814 GBP/JPY 100K 4/17/2007 8:16 238.03 Mkt
    4/17/2007 16:48 237.37 -664.54 0.00 -664.54 S
    05571815 GBP/JPY 100K 4/17/2007 8:16 238.03 Mkt
    4/17/2007 16:48 237.37 -664.58 0.00 -664.58 S
    05571816 GBP/JPY 100K 4/17/2007 8:16 238.04 Mkt
    4/17/2007 16:24 237.60 -442.70 0.00 -442.70 S
    05572394 GBP/JPY 50K 4/17/2007 17:48 237.61 Mkt
    4/18/2007 19:56 238.59 493.33 16.00 509.33 C
    05572546 GBP/JPY 20K 4/17/2007 18:29 237.85 SE
    4/18/2007 19:56 238.59 148.99 6.40 155.39 C
    05572599 GBP/JPY 50K 4/17/2007 19:01 238.33 Mkt
    4/18/2007 19:55 238.57 120.82 16.00 136.82 C
    05573948 GBP/JPY 100K 4/18/2007 14:06 238.48 Mkt
    4/18/2007 19:52 238.60 120.79 0.00 120.79 C
    05573949 GBP/JPY 100K 4/18/2007 14:06 238.48 Mkt
    4/18/2007 19:52 238.60 120.81 0.00 120.81 C
    05574168 GBP/JPY 100K 4/18/2007 15:43 238.53 SE
    4/18/2007 19:51 238.60 70.47 0.00 70.47 C
    05574393 GBP/JPY 100K 4/18/2007 20:08 238.61 Mkt
    4/18/2007 21:53 237.61 1,011.38 0.00 1,011.38 L
    05574405 GBP/JPY 100K 4/18/2007 20:30 238.55 Mkt
    4/18/2007 21:39 238.05 504.31 0.00 504.31 L
    05574519 GBP/JPY 100K 4/18/2007 21:55 237.50 LE
     
    #28     Sep 3, 2007
  9. ssss

    ssss

    4/19/2007 9:58 237.75 251.75 96.00 347.75 C
    05574520 GBP/JPY 100K 4/18/2007 21:55 237.50 LE
    4/19/2007 9:58 237.77 271.85 96.00 367.85 C
    05574521 GBP/JPY 100K 4/18/2007 21:55 237.50 LE
    4/19/2007 9:58 237.80 302.04 96.00 398.04 C
    05574460 GBP/JPY 100K 4/18/2007 22:03 237.49 Mkt
    4/19/2007 9:58 237.69 201.46 96.00 297.46 C
    05574885 GBP/JPY 100K 4/18/2007 23:18 237.45 SE
    4/19/2007 9:58 237.79 342.31 96.00 438.31 C
    05575239 GBP/JPY 100K 4/19/2007 9:58 237.70 Mkt
    4/19/2007 15:37 236.47 1,251.59 0.00 1,251.59 C
    05575240 GBP/JPY 100K 4/19/2007 9:58 237.71 Mkt
    4/19/2007 15:37 236.46 1,272.07 0.00 1,272.07 C
    05575241 GBP/JPY 100K 4/19/2007 9:58 237.71 Mkt
    4/19/2007 15:37 236.46 1,271.94 0.00 1,271.94 C
    05575242 GBP/JPY 100K 4/19/2007 9:59 237.71 Mkt
    4/19/2007 15:37 236.48 1,251.59 0.00 1,251.59 C
    05575250 GBP/JPY 100K 4/19/2007 10:07 237.68 Mkt
    4/19/2007 15:37 236.47 1,230.99 0.00 1,230.99 C
    05575521 GBP/JPY 100K 4/19/2007 12:38 236.81 Mkt
    4/19/2007 15:37 236.50 315.36 0.00 315.36 C
    05575522 GBP/JPY 100K 4/19/2007 12:38 236.79 Mkt
    4/19/2007 15:37 236.50 295.03 0.00 295.03 C
    05575805 GBP/JPY 100K 4/19/2007 15:38 236.49 Mkt
    4/19/2007 16:20 235.72 -786.20 0.00 -786.20 S
    05575806 GBP/JPY 100K 4/19/2007 15:38 236.49 Mkt
    4/19/2007 16:20 235.72 -786.20 0.00 -786.20 S
    05575807 GBP/JPY 100K 4/19/2007 15:39 236.50 Mkt
    4/19/2007 16:20 235.72 -796.41 0.00 -796.41 S
    05575808 GBP/JPY 100K 4/19/2007 15:39 236.49 Mkt
    4/19/2007 16:20 235.72 -786.20 0.00 -786.20 S
    05575809 GBP/JPY 100K 4/19/2007 15:39 236.48 Mkt
    4/19/2007 16:20 235.72 -775.99 0.00 -775.99 S
    05576106 GBP/JPY 100K 4/19/2007 16:44 235.49 Mkt
    4/23/2007 16:38 236.70 1,225.75 64.00 1,289.75 S
    05576107 GBP/JPY 100K 4/19/2007 16:44 235.48 Mkt
    4/23/2007 16:38 236.70 1,235.94 64.00 1,299.94 S
    05576110 GBP/JPY 100K 4/19/2007 16:44 235.36 Mkt
    4/23/2007 16:38 236.70 1,357.51 64.00 1,421.51 S
    05576127 GBP/JPY 100K 4/19/2007 16:47 235.46 Mkt
    4/23/2007 16:38 236.70 1,256.21 64.00 1,320.21 S
    05576267 GBP/JPY 100K 4/19/2007 16:57 235.70 SE
    4/23/2007 16:38 236.70 1,013.07 64.00 1,077.07 S
    05576268 GBP/JPY 100K 4/19/2007 16:57 235.70 SE
    4/23/2007 16:38 236.70 1,013.07 64.00 1,077.07 S
    05576185 GBP/JPY 100K 4/19/2007 17:02 236.15 Mkt
    4/23/2007 16:38 236.70 557.19 64.00 621.19 S
    05576277 GBP/JPY 100K 4/19/2007 17:02 236.30 SE
    4/23/2007 16:38 236.70 405.23 64.00 469.23 S
    05576278 GBP/JPY 100K 4/19/2007 17:02 236.30 SE
    4/23/2007 16:38 236.70 405.23 64.00 469.23 S
    05577352 GBP/JPY 100K 4/20/2007 8:00 237.30 Mkt
    4/20/2007 16:59 237.95 655.74 0.00 655.74 C
    05577666 GBP/JPY 100K 4/20/2007 15:25 237.73 Mkt
    4/20/2007 16:57 238.00 272.37 0.00 272.37 C
    05577667 GBP/JPY 100K 4/20/2007 15:25 237.73 Mkt
    4/20/2007 16:57 238.00 272.37 0.00 272.37 C
    05577927 GBP/JPY 100K 4/20/2007 18:17 238.09 Mkt
    4/23/2007 15:32 236.80 -1,307.06 32.00 -1,275.06 S
    05577928 GBP/JPY 100K 4/20/2007 18:17 238.10 Mkt
    4/23/2007 15:32 236.80 -1,317.19 32.00 -1,285.19 S
    05577930 GBP/JPY 100K 4/20/2007 18:18 238.10 Mkt
    4/23/2007 15:32 236.80 -1,317.19 32.00 -1,285.19 S
    05577966 GBP/JPY 100K 4/20/2007 18:49 237.47 Mkt
    4/23/2007 15:32 236.80 -678.86 32.00 -646.86 S
    05577967 GBP/JPY 100K 4/20/2007 18:49 237.50 Mkt
    4/23/2007 15:32 236.80 -709.26 32.00 -677.26 S
    05578842 GBP/JPY 100K 4/23/2007 8:32 238.10 LE
    4/23/2007 13:49 237.39 -717.72 0.00 -717.72 S
    05578843 GBP/JPY 100K 4/23/2007 8:32 238.10 LE
    4/23/2007 13:49 237.39 -717.72 0.00 -717.72 S
    05579020 GBP/JPY 100K 4/23/2007 12:51 238.04 Mkt
    4/23/2007 13:49 237.39 -657.06 0.00 -657.06 S
    05579021 GBP/JPY 100K 4/23/2007 12:52 238.04 Mkt
    4/23/2007 13:49 237.39 -657.03 0.00 -657.03 S
    05579039 GBP/JPY 100K 4/23/2007 14:06 237.74 Mkt
    4/23/2007 15:32 236.80 -952.43 0.00 -952.43 S
    05579040 GBP/JPY 100K 4/23/2007 14:06 237.74 Mkt
    4/23/2007 15:32 236.80 -952.43 0.00 -952.43 S
    05579041 GBP/JPY 100K 4/23/2007 14:06 237.74 Mkt
    4/23/2007 15:32 236.80 -952.43 0.00 -952.43 S
    05579042 GBP/JPY 100K 4/23/2007 14:06 237.74 Mkt
    4/23/2007 15:32 236.80 -952.43 0.00 -952.43 S
    05579209 GBP/JPY 100K 4/23/2007 15:55 237.12 Mkt
    4/23/2007 16:38 236.70 -425.49 0.00 -425.49 S
    05579385 GBP/JPY 100K 4/23/2007 16:59 236.60 Mkt
    4/24/2007 8:08 237.11 516.64 32.00 548.64 C
    05579386 GBP/JPY 100K 4/23/2007 16:59 236.59 Mkt
    4/24/2007 8:08 237.12 536.90 32.00 568.90 C
    05579387 GBP/JPY 100K 4/23/2007 16:59 236.60 Mkt
    4/24/2007 8:08 237.13 536.90 32.00 568.90 C
    05579388 GBP/JPY 100K 4/23/2007 16:59 236.60 Mkt
    4/24/2007 8:08 237.11 516.64 32.00 548.64 C
    05579389 GBP/JPY 100K 4/23/2007 16:59 236.59 Mkt
    4/24/2007 8:08 237.11 526.77 32.00 558.77 C
    05579395 GBP/JPY 100K 4/23/2007 17:01 236.58 Mkt
    4/24/2007 8:08 237.12 547.03 32.00 579.03 C
    05579441 GBP/JPY 100K 4/23/2007 17:48 236.94 Mkt
    4/24/2007 8:08 237.12 182.34 32.00 214.34 C
    05579641 GBP/JPY 100K 4/23/2007 18:37 236.86 SE
    4/24/2007 8:08 237.13 273.51 32.00 305.51 C
    05579643 GBP/JPY 100K 4/23/2007 18:37 236.86 SE
    4/24/2007 8:08 237.11 253.25 32.00 285.25 C
    05579644 GBP/JPY 100K 4/23/2007 18:37 236.86 SE
    4/24/2007 8:08 237.12 263.38 32.00 295.38 C
    05579735 GBP/JPY 100K 4/23/2007 21:03 237.38 Mkt
    4/24/2007 8:08 237.12 -263.38 32.00 -231.38 C
    05579737 GBP/JPY 100K 4/23/2007 21:03 237.38 Mkt
    4/24/2007 8:08 237.13 -253.27 32.00 -221.27 C
    05580223 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.78 0.00 275.78 C
    05580224 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.78 0.00 275.78 C
    05580225 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.79 0.00 275.79 C
    05580226 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.78 0.00 275.78 C
    05580227 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.78 0.00 275.78 C
    05580228 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.78 0.00 275.78 C
    05580229 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.76 0.00 275.76 C
    05580230 GBP/JPY 100K 4/24/2007 8:09 237.12 Mkt
    4/24/2007 17:37 236.85 275.75 0.00 275.75 C
    05580232 GBP/JPY 100K 4/24/2007 8:12 237.13 Mkt
    4/24/2007 17:37 236.85 285.96 0.00 285.96 C
    05580233 GBP/JPY 100K 4/24/2007 8:12 237.12 Mkt
    4/24/2007 17:37 236.85 275.78 0.00 275.78 C
    05580867 GBP/JPY 100K 4/24/2007 14:50 236.86 Mkt
    4/24/2007 17:37 236.85 10.21 0.00 10.21 C
    05580869 GBP/JPY 100K 4/24/2007 14:51 236.85 Mkt
    4/24/2007 17:37 236.85 0.00 0.00 0.00 C
    05581205 GBP/JPY 100K 4/24/2007 16:20 236.49 SE
    4/24/2007 17:36 236.85 -367.70 0.00 -367.70 C
    05581206 GBP/JPY 100K 4/24/2007 16:20 236.49 SE
    4/24/2007 17:36 236.85 -367.68 0.00 -367.68 C
    05584609 GBP/JPY 100K 4/27/2007 0:33 237.62 Mkt
    4/27/2007 1:16 237.79 172.29 0.00 172.29 C
    05584665 GBP/JPY 100K 4/27/2007 1:41 238.07 Mkt
    4/27/2007 3:47 238.13 60.69 0.00 60.69 C
    Total: 2,180.50 4,086.40 6,266.90


    OPEN / FLOATING POSITION

    Ticket # Currency Volume Date Sold Bought Floating P/L Inter Condition
    05581050 GBP/JPY 100K 4/24/2007 17:37 236.89 1,264.09 192.00 Mkt
    4/30/2007 6:59 238.14
    05581051 GBP/JPY 100K 4/24/2007 17:37 236.91 1,243.87 192.00 Mkt
    4/30/2007 6:59 238.14
    05581052 GBP/JPY 100K 4/24/2007 17:37 236.90 1,253.98 192.00 Mkt
    4/30/2007 6:59 238.14
    05581053 GBP/JPY 100K 4/24/2007 17:37 236.90 1,253.98 192.00 Mkt
    4/30/2007 6:59 238.14
    05581054 GBP/JPY 100K 4/24/2007 17:37 236.89 1,264.09 192.00 Mkt
    4/30/2007 6:59 238.14
    05581055 GBP/JPY 100K 4/24/2007 17:37 236.90 1,253.98 192.00 Mkt
    4/30/2007 6:59 238.14
    05581056 GBP/JPY 100K 4/24/2007 17:37 236.86 1,294.43 192.00 Mkt
    4/30/2007 6:59 238.14
    05581057 GBP/JPY 100K 4/24/2007 17:38 236.86 1,294.43 192.00 Mkt
    4/30/2007 6:59 238.14
    05581058 GBP/JPY 100K 4/24/2007 17:38 236.85 1,304.55 192.00 Mkt
    4/30/2007 6:59 238.14
    05581059 GBP/JPY 100K 4/24/2007 17:38 236.87 1,284.32 192.00 Mkt
    4/30/2007 6:59 238.14
    05581060 GBP/JPY 100K 4/24/2007 17:38 236.83 1,324.77 192.00 Mkt
    4/30/2007 6:59 238.14
    05581062 GBP/JPY 100K 4/24/2007 17:39 236.86 1,294.43 192.00 Mkt
    4/30/2007 6:59 238.14
    05581078 GBP/JPY 100K 4/24/2007 17:42 236.76 1,395.56 192.00 Mkt
    4/30/2007 6:59 238.14
    Total: 16,726.48 2,496.00

    ACCOUNT SUMMARY

    Beginning Balance 2,981.28
    Comm Trading Commission 0.00
    Intr Interest Fee 6,582.40
    PnL Profit/Loss of Trade 25,489.38
     
    #29     Sep 3, 2007
  10. ssss

    ssss

    Yes there are a lot of profitable scalpers out there. With Sharpe Ratios much higher than any mid or long term trader.

    regards

    #################

    ?

    bid ask
    1476.50 1476.75 0.25 = 12.50$

    if operator will catch long 12.50$

    bid must be 1477.00 ask 1477.25 0.5 point advance
    (=25 $ ,but operator would receive only 12.5$)

    minimum SL bid 1476.25 ask 1476.50
    (if operator sell after buy minimum loss through spread would 12.5$)
    operator would lose 25 $

    To minimize influence of spread reward/spread ratio
    must be multiple time's

    Or operator by CME FIFO rule must have some kind of advantage,which would give he'm very high winning ratio

    which kind of ?

    And after all ,commission fees
     
    #30     Sep 3, 2007