Recent content by eternaldelight

I'd recommend focusing on shorter term intraday trading. You should mostly focus on watching the depth of market though instead of just charts. Go where the volatility and liquidity premium is. Fantastic volatility in CL right now. Really good volatility in GC with a good liquidity premium. All...

Awesome! Very nice! Thanks for sharing.

@heispark isn't the issue that your FCM was using some type of auto-liquidation algo to manage risk and deal with margin breaches? I believe other FCMs will do a proper margin call and give you time to wire money (which wouldn't even be necessary in this situation but would have made the bad...

I think they’re just trying to gain back some leverage after overplaying their hand with the Biden phone snub and that perverse execution-o-rama before crude started to really drop. We’ll see though.

The ES did drop 100 points in a couple of hours at the open without respite. A pretty large and fast move. Action looked pretty bloody on the DOM, lots of panic and aggression, very fast market. Kinda looked like it would end up being one of those ski slope days for awhile, straight down from...

Idk about Scott Patterson’s dark pools... “My comment was primarily about the author (Scott Patterson) who has nearly zero clue about the world he's describing. That makes this books about as useful for understanding the equity market microstructure as watching Top Gun for understanding the US...

+2 on the tick charts, also watching the depth of market ladder is another great way to achieve what (I think) you’re after, it’s one of the things that makes it so useful (and partially nullifies the whole “why look at the depth of market moron?! It’s all spoofs and icebergs blah blah blah”...

bit off topic but... I know a lot of health nuts view powdered water as being “less than”, but I’m just a sucker for the convenience. Just add a little water, shake and stir, and BAM you’re good to go. Don’t see myself giving it up anytime soon tbh.

@DeltaOneFutures testing my powers of deduction... Are you blotto/ghost of blotto? I’m certain it’s you. Glad you’re posting again, I feel like I definitely learned some stuff from your old posts. Thanks!

wow 5 dollars a side? That’s borderline criminal. Do you have a source for that? If so their competition loses all credibility (they were already questionable without that) in my eyes.

107 percent on 10,000 in a year? That’s about 44.5 dollars a trading day with trading one lots in the NQ (or any futures contract of your choosing). Futures are leveraged so talking about gains in terms of percentages is misleading (it also is for talking about day trading returns on a small...

@Same Lazy Element true but garachen (someone who has a masters in mathematical finance) and owns a real trading company (not trading arcade) that does a lot of algorithmic trading laid out a process for how he teaches manual trading based off of intuition in a thread here...

yeah, nothing he asked about is in there but there is this gem... @destriero @traderjo

Your ”one of the industry’s top proprietary trading firms”? Really?

@destriero no exchange seat either which I’ve never heard of for a prop firm, commissions and fees are “$2.22 a side”. Exchange seat aside if they were actually doing some decent volume the commissions would not be that high. Actually for the e minis and doing the least volume possible most...