Recent content by palm44

Just bc it has a lot iteration doesn't mean the computer has found the right trade yet, 90%+ of all h-freq trading firms trades are losers, very common knowledge. The fast computer doesn't mean it spitting all that out doesn't mean its right, I can look at a chart and make a trade or know there...

Your wrong, order flow can have a major impact. Unless my hedge fund has just been lucky on our holding since I started it in '05. It is by no means the same, but you can't talk trading and investing tactics and strategies in absolutes and succeed. But your correct on the 2nd part

110% that is so wrong about 90% of volume being done by algo trading machines. Besides my custom computers have algos and theyre technically trading machines. the percentage use to be higher but the high frequency trading machines done by algos was a wall street fad, it took us a few years but...

Took the words right out of my mouth, you couldn't have said that better and replied any more polite. Thank you But1Sell2- any person in this business can't be successful and think in such absolutes especially about charts in finance. I know your new but listen to this guys reply and focus on...

They can't prove it. They can't reply in a sentence either because just like the last comment it will not make sense b/c this person doesn't know a thing about trading. As in not only did they wash out the 1st week they tried, but can't even bs b/c doesn't know trading vocab. But spent enough...

what dom do you use?

In order to read the spoofing and everything t&s has to offer you need to read the orderflow and have a fancy DOM like jigsaw, w/ jigsaw if 1 side is getting weak bc lets say the sell sides orders are being taken away well jigsaw shows you the buyers vs sellers like every dom then the next row...

1st-be proud of your 2 months, you[ve beaten the odds and this business only take confident people. There is volatilty, break outs and volume, your just reffering to way above avg. There are always trades. Worried about learning different trading way/strategy- As time goes on sometimes you...

I agree with a lot of what he said to you. If you can master Jigsaw where you understand everything it is telling you I think you should be fine, less then 85% make it in this business. But to be fair and honest, advice from a professional trader and hedge fund owner, if your not profitable by...

JIgsaw is by no means useless, there is a reason only the best traders even know how to read it, theres no dom out there in the same boat especially for several thousand dollars. Jigsaw takes a lot to understand it, but if you can day trade and trade fast it is the big boy tool that gives you an...

I usually don't comment, but to sum up what you are hypothetically asking about what to do if a large order comes down and how many ticks is pretty much asking how to trade or at least trade that style and what strategy and plan to have w/ X number of ticks etc... If all of sudden its...

14 monitors, 2 custom machines total of 5 hard drives, generator etc...

Heres a trading system

If you have following and studying the markets for years like truly understanding the markets (which I hope is from a trading view) sounds like your best bet is as a fundamental trader. The fact that you've been doing this for years and you're asking for help of where to get started means don't...

I use to be an accountant for 6-7 years, doing taxes obviously and part of the year when slow in the industry I worked with a very notable law firm helping put clients ventures together, re-structuring clients entities and so on specializing in different business structures and the ins and outs...