ES (Sim)

[Sam Collins]

How are things going now boofis? still giving this a go?

[boofis]

How are things going now boofis? still giving this a go?

Yeah mate still trading sim every night. Just got too lazy to keep posting up results/progress ha! Am doing more active trading on the US treasuries and holding (Read: Trying to hold) longer positions on the ES now. The bsatard is daylight savings at the moment with the longer position I don't get to bed till 4:30/5am if I hold on until the bitter end on a good trending day in the ES. Just yell if there's any stats or anything else you'd like to see/know from this trial period.

[Trembling Hand]

The bsatard is daylight savings at the moment with the longer position I don't get to bed till 4:30/5am

Why trade it then considering everything else that there is to trade?

[boofis]

Why trade it then considering everything else that there is to trade?

I guess the main reason is purely the time investment that it's been up to this point to get method established for it, aswell as I want to be doing night and day shifts so while I trade treasuries at night (which I will keep doing as they have been very profitable (sim)) it's easy to keep an eye on ES. But I guess the crux of the matter is that I don't really know much about other contracts.
Have read down the list on IB but am fluffed if I know where to start with choosing a market to trade lol.

[CanOz]

You have to consider data feed cost as well. If you didn't have this to consider and you are looking for some other options in highly liquid markets then yeah, there are other options like the K200 and the FESX that are more like your markets for liquidity.

TH, did you trade the K200 for a while?

CanOz

[boofis]

And margin and $$/tick aswell for those of us with less than 6 figure accounts

[Sam Collins]

Yeah post up your latest session, keen to take a look. Nights definitely take their toll, I used to do that a lot, might be worth a switch to an Asian/European market. Especially if you're just on sim. You holding or scalping the ust's?

[boofis]

2012-10-14_2302.pngNinjaTrader Trades Profit_Loss Report, 11_10_2012 - 11_10_2012.jpgbadday.png2012-10-14_2306.png

That's last thursday and friday mate.

[Joules MM1]

last thursday and friday

you'll get a better idea over a few more days, pref thru a few diff phases.....

def agree to learn/observe/trade hsi and dax for the time perspective.....also, your learning curve/executions are much steeper when not tired....

[boofis]

you'll get a better idea over a few more days, pref thru a few diff phases.....

def agree to learn/observe/trade hsi and dax for the time perspective.....also, your learning curve/executions are much steeper when not tired....

Yeah have been doing it 5 days a week since the start of this thread (Except for 1 week off shearing) so am gaining experience step by step.

Nov. 12 is my start date for sim HSI as daytime commitments will be obsolete.

At the risk of sounding spoon fed, what are some other aus day time markets/contracts people trade?

[boofis]

You holding or scalping the ust's?

Scalping essentially I guess.

[Trembling Hand]

At the risk of sounding spoon fed, what are some other aus day time markets/contracts people trade?

Kospi, STW (Taiwan with the SGX) HHI (Honkers), MHI (Honkers), Nikkie, CL (oil) DAX, FTSE, GC (Gold) and FX.

To be honest I reckon you are F'in nuts trading during the night knowing the concentration level needed.

[boofis]

Kospi, STW (Taiwan with the SGX) HHI (Honkers), MHI (Honkers), Nikkie, CL (oil) DAX, FTSE, GC (Gold) and FX.

To be honest I reckon you are F'in nuts trading during the night knowing the concentration level needed.

Thanks for the list. And I'll take that as a compliment lol. The treasuries seem to be a tame contract, I wouldn't say the concentration levels needed are unachievable especially given most of the action for me is done by 1am.

[boofis]

All on the treasuries tonight.
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ZB is a great contract for a combo of liquidity and $/tick value imo.

[Trembling Hand]

Scalping essentially I guess.

Just a note, scalping is doing 100s of RT not 6 a day.

PLEASE!!

[CanOz]

Well done mate! How many contracts?


CanOz

[boofis]

Just a note, scalping is doing 100s of RT not 6 a day.

PLEASE!!

He asked whether I was holding or scalping. Neither is exactly what I do but its closer to scalping than it is to holding.

Hey CanOz, thanks mate, had 2 contracts on ZN and 1 ZB so was within my realistic limits for trading live.

[Sam Collins]

Cheers for posting it up how long was that session trading the treasuries last night?

[boofis]

Cheers for posting it up how long was that session trading the treasuries last night?

All good mate, I wouldn't be where I am now if it weren't for others willing to post up their journeys/learning/etc. Victorian time it opened 11:20pm and then I finished trading about 1:15am.