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Sierra Chart. Beats the others [that can connect to TWS], and cheaper.

That has been a pet hate of mine for a long time. "He was selling the motorbike for $10,000, but I offered him $9,000". No buddy, you bid 9 at 10 offer. fck! ;)

To paraphrase...

Thank you good Sir. I must have woken up stupid, because no where on any of exchange spec pages for the instrument can I find the number "75". Did I miss something? Comforting that the INR75 unit size indeeds produces a USD tick value almost the same as when using the IBKR multiplier value...

Agree. I don't really trust anything. In practical reality, I should be able to trust... and comprehend... an exchange website. I remember when Sierra Chart had a contract spec wrong. So a trade in SIM still gave incorrect results. I literally had to direct them to the exchange website before...

Can someone help here. What is the contract size of the Indian Nifty50 Equity Index futures traded on the NSE in India? Tick size/increment is INR0.05 But what is the unit? eg, Nifty50 x [?unit?]. For example, ES is $50 x S&P 500 Index. Easy. What is a tick worth in INR? It seems there are...

Thanks @qaz, I enjoyed your conversation on the topic. I don't want to distract any more from the thread topic. But I will find some time to learn more about how human judgement works. It seems my brain makes a superficial heuristic judgement before a deeper database scan. Not that it is...

Whaaaat? And miss the great smooth Sugar bull market from mid 2004 - end 2005?? That was one of my greatest and longest trades (and I did it all with an "algo"). Just to get the sugar shit whipsawed out of you in 2009-2012? Or the Palm Oil bull market from 2006-2008?

It is just a matter of time. Agree. But for now, my limited understanding is that computers still need input data to be compared to stored data. They can do that in huge volume, many times, accurately and quickly without need for rest. But humans can judge and act without any deep database...

Trading is harder than driving a car. Ergo. If you see a person from behind, in a crowd, at a distance... based on context and heuristics, you can very quickly assess with high accuracy if you know that person. Without ever even accessing your mental database of all the people known to you, and...

Not yet https://www.axios.com/self-driving-cars-human-behavior-social-cues-34c50fbe-d802-48f1-a7cb-75a3e2b40fb2.html

Early bird gets the worm. Second mouse gets the cheese.

90's, backtesting... me too :) Similar thoughts to yours. Was Chuck Le Beau's book that got me going as a young guy out of school. A person can capture all the statistical edge their coded back and forward testing allows. Great. I don't really care what the methods are, they maybe brilliant...

An edge was knowing China/US would agree to cancel tariffs... in advance. At one price in the N225 mini on JPX, at around 13:15 Tokyo: 10,300 cars paid on the offer while only 3,000 hit back into the bid. On a really quiet narrow day with below normal volume. Didn't move price at all really...

As has been said: in pit-parlance, the "edge" is getting a "free look". Paying the offer at 5's just before it leaves (gets lifted) and goes 5's bid. Putting you instantly at break-even if the 5's bid holds. In popular trade education sales parlance: An Edge is suggestive and mass marketed to...

The socialist surge on both sides of the Atlantic isn't going to go far. It is too unpalatable to aspiring suburban and poor. Many want to work hard, get lucky, and be richer. They sure as heck do not want it taken away from them if/when they ever get there. Rational or not, that is what they...

Thanks dude. Think of fishing. It is easy for the lone guy to catch good fish with skill and simple gear despite an ocean of high tech high volume industrial participants. But you still need to fish all the time, same waters, for years. - A guy I know: traded his way to many millions, very...

..."I've seen this before"... https://www.elitetrader.com/et/threads/twitter-as-a-news-squawk-minus-the-twitter.337111/

Pleasure. BTW, in my post, "break pullback out retests" = "break out pullback retests". :-/ oops. And I use the terms "S/R" as rather meaningless easy to write labels for any number of horizontal lines I might draw for any number of reasons. S/R actually should have meaning. I misuse the...

Have a dedicated trading room if you can Go to work every day Completely shut your trading platform when the trading and PM debrief is done. Don't linger on it. NEVER, EVER leave that trading room without feeling good at the end of the day. No matter what happened. When all the lessons have...