That's basically the same question I was asking to open this thread so I'm going to ask what specific question about the responses do you have? I see you say you're new so maybe you don't understand what's already been posted.
The short answer is yes but not exactly - at least not within the...
Technically speaking yes but for me I prefer tracking one intermediate trade mechanically and placing hedges on pull backs.
Also, over the course of a good intermediate market run it can (but not always) translate into less commissions.
Example (assumes 3 in & out hedges over an...
Wow! That was quick. Thanks!
Dang! Why didn't I think about that? Hmmm. I'll have to look into what variances come into play with using different contracts but seems liquidity would be better for front month (hence use it for the short term hedge trades) and the further out contracts for...
Tried to decide where to put this question; in broker? trading? Just decided to try here.
I have an IB account (used to have two open) and want to trade a system that uses intermediate and short term emini (ES) trades at the same time. So I could be long ES for the intermediate yet hedge in...
I'm trying to setup two charts of the S&P E-mini; one with 1-day, 3-min and the second with 2-day, 15-min. I made a copy of the CME ES timeframe and changed it to 1-day. I opened one chart on the ESH6 and used the chart's clock tool to set the timeframe to the "copy" timeframe and then set the...
Tradebolt wasn't mentioned but I'll throw it in the mix. Am just beginning to compare the three as a potential front-end to IB (if I even decide I need something beyond TWS).
Aside from the features & functions related to automated order placement options do any of these front-end tools...
Hedge yes! Here's the intent. A system I want to try calls for trading a primary contract (SP500 pit traded) and hedging adverse moves short term with eminis until an overall market signal calls for reversing the primary. Can't exactly do that with a broker that doesn't provide for trading...
As an aside question related to the "pit" topic, I've been trying to figure out how to emulate pit-traded SP500 contracts with brokers who don't offer them (like IB). Couldn't a person control two separate accounts and keep the ES contracts separate? Say in one account I went long 5 ES for a...
I've traded some in the past but just now am trying to get back into the saddle. WOW! Talk about choices! So, just how should someone go about getting an appropriate broker and platform for the trading they intend to do?
(I know - duh!) Start by deciding what type of trading you intend to...
New periods of trend (or chop) are not obvious until after the fact (unless you're psychic) so how many bars into one such new trend (or chop) period does your mind recognize this situation enough to give you the "ah-ha" experience?:confused:
My guess is that Aphie will figure out that Aphie isn't trading the market but that Aphie is trading Aphie. If your system or approach truly has a statistical edge then the only reason it will succeed is that you've applied the "Holy Grail" element to it - you!
And most likely you'll find...
No, not yet. It looked like the version being offered was beta and I haven't had good experiences being a guinea pig. May try sometime later this week.