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I personally didn't see this as having much to do about Trump per se. IMHO it was a referendum on the future of the Democratic Party. My take was that the far left candidates won't do well outside the Coasts. It was a powerful message that Centrist Democrats are a political force to be...

Easy to espouse - takes a great deal of talent, acumen, and balls to exploit. Again, there’s a helluva lot more to it than that. If you place buy orders around “support” levels and “sell” orders around resistance levels you’ll get your ass run over. Weekly and Monthly pivot points and...

That’s like saying there’s fish in the ocean. Yes, you’re correct. But there’s a hell of a lot more to it than that.

I think the TIME element provides some measure of genuine confirmation. (Steidelmeyer) If the market spends TIME at a price - the conclusion is that price has been viewed, digested, and accepted by the entire population of market participants and the valuation has been accepted “confirmed”.

Back in “the day”, when I first began trading I started scalping 30Year Bonds with a simple rules set for entering and exiting a position. Later, I found myself screen Trading the Eurex market which was a new and exciting thing in Chicago. I would frequently not trade in the afternoons - I...

Especially if you have an engineering degree (me too) or have stronger cognitive function - my guess is that you are going to be gravely disappointing with whatever you get for $50 or $200 per month.

Depends on the market characteristics and the trading system and your risk tolerance. If you have a market that moves slowly but trends crazy well, is that a bad thing? It might be a good thing in fact. If the margin is really inexpensive - I’m talking hundreds of dollars not thousands of...

Noise would also be called “Chop” by traders. It’s like a random back and forth without a sustained directional movement. All markets will exhibit this to some extent - but some markets are more notorious for it than others in terms of trapping traders into taking false breakouts.

Most Polite: Intramarket Futures Exchange Spreads - especially Butterflies and Condors whose front month does NOT include the three prompt months. There are, quite literally, thousands of these combinations. Energy, grains, stirs, softs, etc.. One example might be: HO Dec18-Jun19-Dec19...

Brutally honest.

I would say that if, as you indicated in your OP, that “noise” was a concern of yours - I have to ask the obvious; why the hell would you consider the “noisiest” futures markets there are? (GC, CL). Why wouldn’t you instead lever the piss out of a quieter, more ‘behaved’ market instead?

Listen, I’m not arguing with you. And I personally do not take trading account funds from clients, and I do not personally steer any of my clients towards any particular clearing firms. I take no haircuts on client work. None. And as you mentioned, anyone who takes the time and effort to do...

And you’re quite frankly trading differently than most ‘day traders’. Which is probably a good thing. Most day traders I’ve seen personally or taken on as clients are trading many round turns per day. It was more towards them that I was concerned about execution slippage.

No, you've got it 180 degrees wrong. Your assumption that any human can profitably trade another human's profitable system is in fact flawed. Fundamentally. Because each human has profound cognitive psychological differences with other humans. If humans could easily replicate the success of...

There is a monstrous difference between ES and CL or GC in terms of market action. The way the bids and offers trade out, the choppiness, the liquidity traps, the washouts and the subsequent DOM re-populations, the way CL acts during an EIA release versus the way ES acts during an economic...

Unless you fully automate your trading system, it is not very difficult at all for a human being to turn a "profitable" trading system into a money losing system. I have seen several college graduates, all 'trained up' on the exact same trading system in the same classroom by the same teacher...

And I am asking you to name names please - be specific! I am not aware of any “prop” firms selling education or making someone pay for a test in order to trade regulated futures for that firm! In fact, I’m pretty sure the exchanges and the NFA wouldn’t allow it. Also, IMO you’re a bit...

Waiting with great anticipation on an awesome cat meme...

I think it would be tough for me personally to dip my toe into those European markets you mention (besides Germany) without some sort of analog cash or swaps market feed. You could get smoked in a serious intelligence/liquidity trap. I doubt that ICAP is going to give someone without an ISDA...