Recent content by kp95

Charts don't mean shit. With tape you can feel the supply and demand, make judgments, and decide to take a trade or not. And of course there is manipulation, you just have to see whats real and whats not. Tape reading takes time and practice, every stock has a different personality, stick to a...

The downside looks more rewarding than the upside.

So many good opportunities are ahead in terms of volatility. Good luck on your trading, and in your career, my opinion would be to always have a backup plan. But never give up you'll make it to that full time trader one day. Great things to look forward to.

by sales I mean transactions.

Not only do brokers make money from commissions, but any trader can as well. If a trader chooses the correct exchange depending on your broker, the trader can essentially receive commission back to trade, some exchanges offer this, its being aware to which ones do this. And you can see on the...

I’m aware, but there should be something out there that takes everything into account like an index. The closest thing I found was squeezemetrics DIX that uses a relatively good theory. But the cost for the system is around 1400 per quarter year. You can see the transactions being placed in time...

exactly!

Yes for stocks I do, sorry should of clarified a little better. You can identify dark pools with the transactions that are half a penny for example on the time and sales you will see orders with 4 digits ex: 80.0505. Those are dark pool orders. Institutions use them, so they can't move the...

Alot of trading goes on in Dark Pools around 1/3 of the volume. I always see these transactions on the time and sales it would be helpful to know how much buying and selling occurs on particular stocks or index. So looking at any imbalances would be a nice edge to have.

Is there a way to track dark pools? Or is there a dark pool index, to be tracked that works? The only thing I can find relative to this is on squeezemetrics.com. If anyone has any info regarding to dark pools please let me know I would love to hear your insight. Thanks

Do you still use this system?

Can you explain to me how it works?

I don't expect it, but I'm willing to pay money for a teacher, and thats the reason why I started this thread for feedback.

Paper trading just gets your feet wet. Actual money, how much have you made? Good for you man, if you aren't fond about people selling their trading system than thats your personal preference.