Recent content by th0masq

  1. th0masq

    Tell me about stop and reverse strategies

    Anyone use this? $tick indicator plus candle stick color bar (if $tick is extreme then most indicators would reach there lows or highs) -1000>$tick>+1000 5min candle stick bar reversed color ((say ES drops 5pts and 5min chart has red bar. (note the low price of ES) next green bar look to...
  2. th0masq

    anyone here making 7 figures a year doing this?

    Looking back.. I thought I got into the stocks in my long term account at a good price. I remember Warren Buffet was telling everyone to buy at this time bc it’s cheap. I got in much better prices than Buffet. He made 10x his return and I lost it all. It comes down to how long can you hold onto...
  3. th0masq

    anyone here making 7 figures a year doing this?

    The dip on Nov 23, 2009 was when the financials crashed. The market bottomed in March 2009 but the XLF was way above the lows. I was long the stocks in early Nov 2009 and was up or flat on it until the week of Nov 23. I was so dazzled by the move that week that every morning I would make my...
  4. th0masq

    anyone here making 7 figures a year doing this?

    Been trolling this board here and there and never bothered to comment but tonight, I tell you guys a story...lol I started daytrading back in 1999 at Schonfeld Securities as a prop trader. It took me 2 years to learn and I did very well in 2001-2004. I missed out on the dotcom bc I was trading...
  5. th0masq

    Why is market data so expensive?

    I contacted S5 and they told me I can use DTNIQ to get the data I needed. Through their partnership I can get the data I need for half the cost of Esignal. Which is pretty good. I will look into DTNIQ and update you guys on my progress. Thanks again everyone for commenting.
  6. th0masq

    Why is market data so expensive?

    Thanks for the info. I understand "gotta pay to play" concept and looks like I have to go with it. Another question I have is I'm trading in the NY area now but looking to move to SE asia to trade. I've traded there for quite some time 6 years ago. Somehow, market data providers like Esignal...
  7. th0masq

    Why is market data so expensive?

    I would like to know if anyone out there knows a better way to cut cost on market data. I've been trading ES minis and using S5 trader platform. (I think S5 is one of the best trading platforms for trading ES. I used to trade with Ninjatrader and S5 is much more superior). Anyway, aside from...
  8. th0masq

    Setting max contract and position size on ES trading

    Yes, it would seem easy but it's that 1 out of 10 times I don't follow or stick to it that kills. That's why I rather have automated stops. You can say all you want but I find it hard to stick to it. That's why I 'm asking for advice :)
  9. th0masq

    Setting max contract and position size on ES trading

    Yes, exactly; thus the need to set size and max loss parameters to keep myself in check. One would think a trader should be able to do this once you've been trading for a long time...
  10. th0masq

    Setting max contract and position size on ES trading

    Quantwizard... I don't know how you trade but 5 contracts and losing 4 pts is a lot unless an unexpected rise or fall in ES happens everyday. Even if it happens you would be on the right side half the time. I'm not new to trading where I will be max 5 contracts upon every entry. That is...
  11. th0masq

    Setting max contract and position size on ES trading

    Thanks J. I just spoke to Anthony from S5Trading and just tested out their demo acct. So far this is exactly the place I 'me looking for !!! They have all the add- ons I need and features n parameters I'm looking for. I will give this company a test and update you guys in the future...
  12. th0masq

    Setting max contract and position size on ES trading

    I hope someone on this thread has experience and first hand knowledge about this. I trade through AMP using ninjatrader (free edition ) and recently looked into using X-trader. I'm trying to manage my risk by allowing myself to trade certain max contract size ( 5 contract ) position and stop...
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