Search results

Could it be the VIX at 13? Nah...

Most of the volume in refined products is in the spreads which are VERY active.

That's correct, you just need a single dollar in profit for each contract you trade. So if you only trade oil, you need to have one dollar profit and NOT violate the drawdown limits.

No Austin, you don't have to pay $400 over and over again. In the example you gave you WERE profitable which means you would have qualified for a FREE rollover. But no, you wanted to WIN and because of that, you all in and violated the limits. There is NO excuse for that. A decent...

I've said before that I agree with you that the time variable should be taken out. But let me be clear about something. There is no excuse for you to behave that way. The goal is not to WIN that damn combine. The goal is to become a profitable trader. If that takes you 100 combines...

Austin, I will obviously agree that any 10 or 20 day stretch is meaningless. However I think that is their intent, for you to spend 3 to 6 months on the combine process. Hopefully you are at least a scratch trader that can qualify for a rollover. There is absolutely no excuse for you to...

OK, I think you are coming around here. Since you cannot predict forward volatility, you are vulnerable to that error. Yes, I get it, it was easy to make money in 1999. I was there too. Yes, the same in 2008. But that is not an edge. I get it, 100 handle ranges in ES are fun. But if...

Austin, you can't do that. You are data mining. Fine, you were profitable during that 10 day stretch of data. You can't simply annualize those numbers. You could have easily dropped 15k in the next 10 day period, we will never know but we are not seeing a 12 month non interrupted stretch...

So the traders at my firm broke down into 3 categories and this mix is really interesting because it encapsulates the breakdown I think of the entire industry. The first group we had were option market makers (screen based). These guys had an edge. Most (not all) made money. I don't have...

Austin, that is monday morning quarterbacking. Everyone on ET would be a billionaire if they could back out their mistakes. Unfortunately we have to keep those bad choices in the model and round and round we go.

Austin, I'm speaking about just the variance in intra-day data. One of the TST combines requires you to avg $250 a day with a 1k drawdown limit. That is risking 4 times your reward! That is more then enough. How the hell can you or anyone survive in this business if you are consistently...

Damn, the implied volatility of this thread really picked up. LOL. OK, there is some MAJOR misunderstandings going on here. Let me try to clarify what I think some of the issues are. First of all, nobody is saying you can't make money trading. In fact, it's quite the opposite. The...

Well, I'll give you kudos for posting something of value. I'm not trying to be a dick to you. Remember you are the one that ran over these threads attacking me from the get go saying I'm a shill for TST. As for your comment about me talking about energy derivatives, I have 19k posts and I...

I don't understand why some of you guys are asking hypothetical questions when you have a member on this very board who passed the combine and has been a "live" funded trader for a year now. Why not direct these questions to Crispy directly instead of asking open ended questions that you will...

Dude, I have the longest running active TA thread on ET. Now please link me to one single post of yours on ET (trading related of course) that offers a single tick of value. Just one. This is your time to shine Brad! :D

Hey, at least I try to be a value add around here. What's your excuse? Did you learn how to use the search function yet or am I going to have to hold your hand and walk you through that like a 5 year old.

I'm not sure what data you are looking at but the values have varied a LOT over the last 10 years. And the spike you had on the open is MORE then enough to throw everything off. You have to understand something. Stocks can have very erratic opening prints. For example even a stock like...

It's not an anomaly and it's not a complicated formula. It's very simple actually. They use the exact opening price of all 500 stocks multiplied by the exact weighting that stock has in the index to create a synthetic index called SET. That SET gets reported usually by noon of the settlement...

I want to point out an observation here. The monthly A up in the ES is at 1900. Nice round pretty number. I don't like round numbers like that as they are very obvious and usually have a lot of noise around them. So keep that in mind whenever you have an A level that falls on a...