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Webinar: Telvent DTN / Nanex High Frequency Trading (HFT)
Webinar: Telvent DTN / Nanex High Frequency Trading (HFT)
Big Mike
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,463 since Jun 2009
Thanks Given: 33,239
Thanks Received: 101,661
Longer time frame can just mean minutes instead of seconds.
Scalping is the hardest possible thing to be profitable at, based on my knowledge and experience and opinion. So you don't need to swing trade, but you would probably be well advised to simply move away from scalping if you are struggling at all with trading.
I've been preaching for a long time to trade bigger charts with the same or lower risk, by simply changing sizing or the product. Trade micros if needed. Trade ETFs. etc. Just scale up your time frame, but it does not mean increase your risk ($$).
Does anyone know the difference between a clearing and non-clearing firm when it comes to margin requirements?
If 10,000 of your customers are long ES, and 10,000 short ES, then you have 20,000 customers who have posted margin. But you are net 0, so your margin requirements as the FCM are minimal, a far and away difference than the money you have received as margin collateral.
I would like to know more about how this is handled in terms of clearing/non-clearing firms, if there is a difference.