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And if you clip 4 ticks, net, you have 200K after 4000 trades. It is a bargain to control that much notional value for about $5 RT. Name any other business that you can control that much for so little. Perhaps the OP needs to get "commission free" on a tightly spread stock and see how that...

GM All: One trade for BE. Woke up this AM trading Sept, and I think the volume was so low, the algo stopped. Tracking this issue down. Trading Dec now, of course. I thought we used to switch over on Tuesday before the Thursday, but that was a while ago.

It seems there is a lot of confusion about chart reading enough that people are posting ridiculous threads. The key to trading is that the information must be actionable. Knowing something 2 minutes after the fact is not actionable 2 minutes ago, unless you have a time machine. The 3...

GM All: Done in 1 +28 ticks. Crazy ass action but certainly tradable.

We are 70 ticks above the OL but still 29 ticks below the 5:30 open.

Looks like a very bogus link!!!!!!!:vomit::vomit::vomit::vomit::vomit::vomit::vomit::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::thumbsdown::mad::mad::mad::mad::mad::mad:

GM ALL: 5 trades 80% Net +53 ticks done for the day. No bugs:D

I was thinking about it and if I were trying to algo day trade with deep pockets, I would swamp the book, while looking at the highest density of stops on the books, go past it and then reverse. This would work as long as another entity were not gaming this method also, which in that case it...

Yes it IS IMPOSSIBLE if You lack discipline under pressure. You can't separate your ego-self worth and making or losing money. You don't put in the required time or don't think you need to because you are "special". You rationalize your short coming with blame. You have a flat or negative...

GM All: I Introduced a bug yesterday. Funny as hell. I did a newbie move where I changed ">=" to "=", thinking that it did not matter*. Well it did not as long as I traded 1 contract. But since I am scaling, I had 2 contracts, so the code did not think it had a position on. Bottom line...

Interesting question, but ultimately moot. And Yes it is too small because this is a flawed analysis. The premises are suspect. Who says all algos are not retail? Who says 90% is the right number? Seriously when any one of the premises is so suspect, you just stop trying to draw a conclusion...

GM all: 6 trades 1 loss for 80 ticks and 5 wins for a net of +34. Quite early as I was able to tracks down a "live only" bug where you are long and short at the same time. Haha. Fix is in and running in sim mode for the rest of the day. There it goes! @schizo. Was short at 85 out at 81...

Friday Close on ES was 5415-ish. Sunday 8PM 5431-ish. +15. Which is also the Top of Range from Friday PM 5410 is Fridays lows. Check the bounce right at the 1:12 close Friday for something like the 5th test at that level. So we know it is there. :) Since 31 is also top of PM range on...

ES provides all I need. The liquidity is there. The tick size is there. After the pit closed e-mini was high volume, then it saw big drop as traders went into currencies. Now it is pretty constant. I used to look at NQ, YM, TN, but saw limited value, and just was too much work to track...

Sorry, I am not intending to degrade ANYONE. I need to be very clear, I could not personally trade like you guys too. I can barely watch the algo work. Heart rate increases, occasional cold sweats and want to wet myself. My hats are all off to all the regulars. If I point out...

I think we are in the rhythm of "react to news, then deal with the aftermath, then chill until last call, the last 30 minutes of the day". This is chill mode now. How to trash your PL::D Trade mode=Reaction mode while market is in chill mode. Trade mode=chill mode while the market is in...

GM All: Waited for the dust to settle. No trades till after 7:00 PT. Done in 2 today: 2 wins +32. Scaled up in contracts to 2. Testing this code, and seems to be working. But found a PL reporting bug when live. (Update: found it in old code. Easy fix.)

No. There are only two OLs that matter. Bond at 5:30 and Regular. Then the close at 1:00 and 1:15 previous day. There is actual S/R so tests, overshoots, bounces, wiggles, retest. The Open Line strategy using the two deserves a look these days. (Hint) I would bet dollar to doughnuts that...

After news, a bump and test of the OL, then the Bond OL, and then a pop off the bottom, yes I would agree the fuel has been spent until the last 20-30 minutes of the day, i.e. the close.

Here you go Bud, and on volume spikes. :fistbump: Not too large but enough of them and other will take notice and join in hopefully. There I go again Hope as a strategy! ;)