Can i ask why is this your goal? I once had goals like that. I have no more goals like that My exp. is somewhat the same. Started hyper scalping (600-1200 RTs/24hrs) with the TT machines, but found more net profit in trying to relax with 50-100 RTs/24hrs with a gain of 2 full points. Due to both a huge number less of scratches + ofc the comission I wish you all the best on your way eusdaiki
My goal for the most part is just to figure out how to make money on such high frecuency trading, and to learn as much as I can from it, like the advantages of trading in that manner vs trading at a lower frecuency for larger moves... Learning how to feel the market so that I can tighten my entry points... I dont plan on becoming rich on this method, but it´ll be much fun to learn, since I like being very active in the market.
i assure you few few people can make money hyper scalping in futures. the commissions and slippage will eat you alive.even with 14 cent commish at swift you still have the $2.32 r/t exchange fee's. so lets say you do 500 r/t's a day thats over 1k commish a day.your only chance and its even small is to get a leased seat or even ownship and pay around 40 cent r/t. learn to position trade and be more profitable and much happier
$ 2.32 r/t even if he trades in a prop firm ?? and in case of a leased seat 40 cents r/t ? no other charges ? Anyone (or joeyata1) has a second opinion on this ? Please clarify this will help me a lot since I plan to trade these products soon. Thanks