Recent content by BillySimas

I don't see that data as an available tool on the platform I'm using but that's interesting info, thanks. You said you don't want to see the low taken out by more than 10-15 ticks, what do you think is a meaningful way to calculate that amount on other markets? A certain fraction of the...

I want to enter a market when it bounces off a support level. For example, let's say that support in ES is at 2000 and the current price is 2005. I want to see the market trade down to 2000 and no more than x ticks below it and then go long once the market trades x ticks above 2000. What is...

If the account never has a margin deficit, then the risk is just against the funds deposited.

If only 5 or 10% is being used to cover margin requirements, why even bother with the $10 MM figure? Seems arbitrary. That's a 200% gain to me.

That's a good point about strategy scalability but I still wouldn't think there would be such a large difference in the return.

I don't understand what kinds of annual returns are realistic for trading futures or equities with leverage. I work for a brokerage firm and I've come across several accounts of traders who made 100-300% on their money for several consecutive years with only a few losing months here and there...

If I want to buy when it bounces off a support level, what data can I use to quantify how far above and below that support level I'd still consider that support level to be valid? There is bound to be some margin above and below that level where it would still make sense to enter. What is a...

Other than overnight gaps or trading halts, are there any circumstances in which a resting limit order (one that is not filled immediately upon placement) can be filled at a better price than the limit price? If so, what are those circumstances?

I'm 32, I have an economics degree from the U of Illinois with no formal training in programming, I just have a passing in interest in it (self-taught in basic HTML and my company's proprietary programming language for automation). I have 4 years of experience working at a futures/forex trade...

Thanks so much, that's exactly what I was looking for.