Tams

go to the source if IB is your broker... go to IB's website if TS is your broker... go to TS's website look up margin requirments... and go from there.

which URL did you get this information ???? how many time do I need to tell you to get the URL and copy the text ????

I think you are confusing yourself. dig up the commission chart and do the math properly.

in a public forum, you are free to post questions, in a public forum, anybody is free to post answers, including those you do not comprehend, or those you do not agree, or those you might find irritating because it is not the answer you are looking for... you can choose to ignore those responses... but... don't ever think you can ask people to stop responding to a public forum. you can stop posting, but asking others to stop posting ??!?!?! LOL

you missed the whole point of the post. the key phrase should be: without the proper reference, no wonder nobody wants to give you any response. and really, if you think it is too much trouble to reference the URL or copy the text from your source, I don't think we can ever be on the same page.

as in any forum, treat each response as an independent response. as in any forum, treat each response as an individual response. as in any forum, YMMV with each response. as in any forum, no response is absolute. as in any forum, ignore what you don't want to hear, and move on. no need to tell people not to response, simply don't respond to the response yourself. 6 months from now, when you revisit this thread, you will see things differently.

this question is way out of the ball park. i tried to tell people trading is not a job... you don't get paid because you have spent 8 hours in front of the screen. and people would say... yea yea yea... you don't have to preach to me, i know, i know... it is not a job, i know.... although they say they know... although they say it is not a job, but they are approaching trading as if it is a job. your question is a prime example. you don't don't get a ROI per month. at least, you don't approach it as if you will get a ROI per month. you don't even get a ROI per year. this is trading, not a job. then people will say... yea yea yea, i know... trading is not a job, i have to treat it like a business, right? wrong again. trading is not a business many people (esp the system vendors) would want you to think so sure a business plan sounds impressive, and money management skill is important, right? but let me tell yo uthe truth... trading is not a business but worry not, you will soon find the answer, the real answer the answer that would satisfy you, whether you like it or not. have a good day. ;-)>

I still don't think you know what you are talking about. without the proper reference, no wonder nobody wants to give you any response. but then, this is the least of my worries, because you will soon find out how things work, one way or another.

no, I did not say mini, I said MICRO.

many ppl will tell you this is as good an answer as you will get. read it again, if you do not see the wisdom in it, you are on your own.

it would help if you can post the URL and copy the text of what you were reading, ppl can then clarify things for you. it is difficult for ppl to help if you do not comprehend what you have read, but do not provide and source or references.

where and when did this 2 contracts surfaced?

sorry... i totally missed the scalp part in the 1st post. in that case, 2. one micro contract to start. 3. your probable ROI is minus 100% in 6 months. 4. IB data is good enough, but then other ppl might think otherwise. if you have the bucks... go for eSignal or TT.

I was merely answering your first post. if you have spent as much time in preparing your questions in the 1st post, you might have got your answers sooner. if you spent as much time in understanding people's responses, maybe you will be not be as frustrated. read my post again, you will find your answers. you are a smart guy, you know your answer already, you are looking for someone to concur with you. you get frustrated when people's answer is not what you want to hear... life goes on...

instead of having me make comments about sevena's post, which might get you more confused, why don't I answer your questions instead? go to IB's website. All the commissions are listed. They are not secrets, they are the reference. in the future, you should go straight to the source to get informations like these. Don't rely on a public forum for thses info, because you will get yourself confused. divide $30k with the margin requirement. the real question should be: how little should I be trading, so that I don't blow out my account prematurely. if you don't know what you are doing... don't trade. if you don't know what you are doing, and you are breaking even, you are doing well. (ie zero ROI). if you know what you are doing... go take the day's chart and measure the swings. add up all the points of the swings and multiply by the number of contracts you can trade. That's your mathematical maximum possible ROI. You can choose any ROI in between. that depends on what kind of trading do you do. high frequency day trade? overnight swing trade? position trade? HTH YMMV

I think many people have bowed out before they begun... read sevensa again... you might find some wisdom in it.

.......... ..........

..... ..... there you have it.

the first block of code is the indicator, the other 2 are functions that the indicator calls.

yes, it is possible. yes with MultiCharts. not sure with TradeStation.

..... ..... What about it ?

ALWAYS ALWAYS ALWAYS get these kind of information from the SOURCE. (ie the exchange) NEVER NEVER NEVER EVER rely on information from a stranger on an anonymous forum.

Lesson #1 Those who do not learn their lessons are doomed to repeat them. tips: do not proceed to lesson #2 until you have learned lesson #1. .

You are asking a lot in ONE post, let alone in one sentence. regarding "Can someone point me in the right direction...", the only advice I can offer is to READ. Read as much as you can; read as many manual as you can, read as many books as you can, read as many examples as you can...

it is easy to do with MultiCharts... because MultiCharts has extended the EasyLanguage to the sub-minute level. time_lapsed = time_s - time_s[1]; I don't know how it's done in TradeStation.