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very real possability and most likely why I'm in the beginners forum asking questions and also why I have no emotional currency involved in this thread. as to nobody wanting to give any response, as i pointed out several posts ago this thread now has close to 2x the total # of post in the beginners forum outside of this thread for the week up to now, so I don't think im too distraught about no one answering my questions in here (or supprised) I'm looking at other sources at the same time (never believe all that you read on the web). as to finding out how things work, that is the goal for me and IMO should be the goal for all (but that is just my openion). thanks for your time and I have learned a few things from your posts to my topic.

now I'm more confused first I as not including enough information to guess at an ROI and was told in the zen wisdom responces that when I had the information that any noob could figure it out, also that it was a spoon feeding question that I should have found before i even bother the gods on this form with. to it is not a question that can be answered. wow and it is all followd by the wrath of the gods section where i will get my just rewards for daring to ask the question. Tams again thanks for the time spent on your part but really if you do not know or care to try to answer my questions it is ok, no need to call down lightning on me.

new acronem for me so what is a micro? I assumed that you were talking about the the eminnis which are a smaller chunk on the futures market. anyway I will look up Micro to find out thanks.

that is $2 per contract each way one entry and 1 exit on any position this is not counting any fees associated with adjusting OCO trades for something like trailing stops which i understand are charged for also.

I see the wisdom in the phrase but it really does not have anything to do with the question and again if you do not want to answer the question that is fine. but to rephrase the question for someone who has learned to trade moderatly well is a 20% per month ROI on a $10k account a resonable goal for scalping the fx futures market? the answer is a simple as "yes I'm having that kind of sucess and feel that someone who puts in the time can get here" or "no I've spent x years and cannot get close to that on a good month" all would be helpful where the wisdom responce above is not really very helpful due to the fact that the real world does not care what our calculator predicts and i'm looking for responces for people who are trading what i'm looking at to help tune my goals. as always thanks for spending the time to respond Thanks for your help

this one is pretty simple, anyone trading future contracts on the fx market will probably know the answer offhand but then you already answered this in that a $10k account can only trade 1 eminni with a 4 to 1 margin. If you really want urls to the posts I can look them up but then again the question is very straight forward and an answer to the basic question of how does margin work for futures contracts.

ok a few down and I feel ike this is going some place

thanks for the time you have spent on this, but really, please if you just want to throw Zen bs at me you are wasting your time

Tams thanks for atempting to answer my qustions.

thank you Tams, which part os sevensa's post do you find the most wisdom in? all i can see is "you cant do it' which i do not accept (and if that is the only wisdom to be had here I must ask the question, what is the point) for the last week over 1/2 of the posts in the beginners forum have been around my thread which i find sad, do you not see the wisdom in providing more that criptic responces to questions in the beginners forum? unless the point is to provide a private club for those that already know how to trade and if that is the point then why have a beginners section at all? ok the questions still stand if some one wants to take a crack at i would apreciate it and thanks in advance. and I totaly accept everyones right not to help or explane anything but criptic responces will cause me to to continualy ask for clearifications. so if you get tired of this, stop posting in this thread or make an attempt at being helpfull. as to the repeted sugestions that my questions are not worthy of responces I would have to assume that this section of the forum is not widely supported by looking at the shear number of posts which I would have to atribute to the attitudes expressed here. Thanks

well first off thank you for the responce second I have searched the web and came away with stuff like this eSignal vs. IB data feeds which indicates that the IB feed in many cases is better that Esignal, but in reading thru threads here i come away with a diffrent conclusion (most of that comes from posts that are somewhat criptic and tend to treat trading as a black art not a structured profession) I was hopeing that by asking the question directly i could get a direct answer (no such luck so far). as to not looking up the info on IB as we all know there are always more than 1 way to do things and I agree with you never take the word of some one on the web but I often back up my findings by checking what other people are doing and when I see contridicting responces I start looking for things like a second rate structure. as I stated in my original post i calced it out at close to $8 per RT but see posts with about $4 per RT and was hoping that some one would point out what i'm missing such as "Duh Noob use the unbundled rates" which they have but i have not found that they are all that much better. and no I do not expect IB to give me a better rate because of some thing that someone here told them to but I often find that you do not always get the best rates unless you ask for it and know what to ask for. all in all this is the Beginer section and is it that hard for some one that uses IB for future trading on the CME to chime in with "yea that is about what i pay " or "no you Noob use this". as to the margin I must confess I do not know anything about futures contracts (my limited experiance is with buy and hold) but they are worth $125000 and with a 4 to 1 margin it looks like I could trade 1 contract but then I get answers like 1 per every $5000 account (again the discrepency thing) and if you feel like this kind of stuff is spoon feeding me then maybe you are in the wrong section because this is the "Beginers section" and answers like "go away untill you know this stuff" are not very helpful. Where did i indicate that I wanted to jump in and trade max contracts? the answer is that i did not, i even stated "(not jumping in all at once)" but the answer sure gives me information on scalability. ok so being a noob I know that the slick adds stating you can become a millionare over night are ploys to take my money and on the other side you can lose a lot of money in a hurry in the market. by following the 2009 and 2010 P/L thread i get the impression that 20% per month on a $10k account is realistic for some one that is reasonable good at trading. and my question about ROI was a general question about trading (specificly scalping the fx futures market) and the responce is "you will lose money if you get in right now" duh! why would i be in the beginers section asking questions if i believed otherwise and not out making kazillions of $ (overnight no less). I also believe that a discussion of this topic is of benifit to the beginners. This all boils down to again this is the beginners section and it is not that i do not agree or dislike your opinion but that thre opinion you have chosen to experess has no berring on the task at hand and is not very informative to boot. My method of learning is that I read all I can I experiment with what I learn and I ask questions about the parts that I do not understand, which I always thought was the way to learn so when i get responces like "With regard of being in the spirit of it.. you asked, I answered. It is just my opinion and you can just ignore it if you don't agree with me. I will however, give you one more unsolicited opinion that you are not going to like, but again, feel free to ignore... If you think you are asking the right questions, then IMHO, you are not nearly ready yet." I find myself checking to see if I posted in the right section of the forum. I guess that I find myself ready to take ridicule when asking noob questions in a beginers section but am totaly confused by the Zen "your not ready grasshopper" responce. Maybe your point is to discourge beginers on this forum and your hope is that by telling me basicly to go do my homework i will just srink from your omnipitent presence, sorry I do not work that way (and never did understand why some people like to do that, if you do not want to help just don't respond) I have done my home work (and feel that asking questions in the beginners forum is part of my homework). If you do not have or know relevent answers to my questions or if you are unable to express them in a manor that is understandable by some one with my limited level of understanding then so be it, hopefuly someone else can help me out. so I guess that if you want to bow out of this thread it will be ok with me since your help is not really help and could have been summed up with "yes you are a noob" to which my responce would have been "yes you are right", so thank you for confirming what i already know but at least we increased the post count in the beginers forum (I wonder why it is so low?). (edit and woo hoo i now do not get the delayed post thing to end this rant I have followed many of your posts (sevensa) and feel that all in all you are a great asset to this comunity but just disagree with your method in this case.

wow whats the deal around here I write a long and detailed responce and it gets lost but a short one right after it gets posted right away lol

ok after rereading Sevensa's post several times I may have taken his comments the wrong way if so I apolagize. Thanks

thank you for responding to my post but I think the most that I can pull out of your responce is that I irritated you by posting and the same old 95% go broke (I think I have gotten that clearly before now) but I also got the flip side of that mind set is that the 5% are the ones searching for the answers (not that there is any one answer), which leads me to check the information that I am gleaning from reading threads that are often in contridiction to other threads and with themselfs ( and no I'm not looking for the HG). Thanks

ok so in the process of doing due diligance I find myself confused about some things (and yes I have spent lots of hours lurking here looking and using search) for someone planning to scalp the CME FX market futures 1min to 60min bars: 1. what are the transaction costs per contract RT (assume IB and Serria charts I calculated about $8 per rt but am getting conflicting info)? 2. for a $30K account how many contracts could I eventualy trade at a time (not jumping in all at once). 3. what is a realistic ROI trading this size account and alternatly is a $10k account workable (the last part I have found answers to but would still like to see the answers i get here) 4. will i need additional data feeds to go with IB and if so what is the range I should budget to pay. Thanks for helping a Noob out