Search results

Yes, confirmations work in both directions. And yes, you should watch for them. Again, think about the big picture. Too many people on ET I've noticed are so overly concerned with "signals" and "triggers". Whether someone is trying to call a top or a bottom or using some BS support or...

New month and new QTR. Let me know if you guys can find any volatility out there. LOL.

Robert, out of curiosity, how are you using that information?

If you use the search button you will probably finder over 50 pages dedicated to calculation of the A and C values. The search function is one of the strengths of ET, it actually works pretty well. It's not a one line answer which is why I'm not just telling you, you have to read through...

High-frequency traders, stock exchanges and large Wall Street banks are exploiting computer-based trading by finding out how the market may act “milliseconds” earlier than everyone else. But Michael Lewis says one company has figured out how curtail that speed advantage and “[slow] down...

I do all sorts of creative things with number lines. Creativity is your friend. Let me just say that you are moving in the right direction with your thought process. Let me repeat some of the important principles. The concept of "rarity". The less something happens, the more significant it...

A little fyi, a lot of trading firms hire traders as outside contractors and 1099 them. This is nothing new. It's been going on for years. There is nothing magical about it. I don't see the connection as to why getting a 1099 is such a good thing. I personally hated getting one as my self...

See above post.

The short answer is the number lines. The number lines should filter everything down for you. The irony is you don't end up watching all that much stuff. At any given time only a few products are in confirmation. Yes, you have to spend the time to score them every night but that is not the...

No, not at all. I'm saying "liquid" futures do not offer an edge that exceeds intra-day varience. And it has nothing to do with "appearance". I'm not even sure how one could even objectively measure "appearance". The general economics behind any kind of asset pricing is that the less...

How would this one be different from the others you did?

Just show me your charts from the combine. For some reason everyone on ET is a billionaire except when they do a combine and then they can't find their head from their ass. That's not directed at you but just generally speaking. I just find it humorous that no one ever has a losing trade on...

No, you misunderstood what I said. Let me clarify. There are "plenty" of people making money trading futures. They just don't have an edge. Most of their success is tied either to variance or "excessive" risk taking. So what I'm saying is this, those two variables will block you from...

That's actually a great question. From what I have observed across the board, and I think ET demonstrates this as well, is the fact that you need far more discipline swing trading. With daytrading, discipline is kind of forced on you both through the use of leverage and through time. But...

I'm here. Ask away any questions you have. I noticed thread members here are very streaky. They post in clusters then disappear for awhile.

This logic makes absolutely no sense. If someone does a combine or two and is not successful, a majority of the guys quit. Not so with real money. Why? Behavioral economics. The same reason when people lose money in a casino they have to make it back. The combine on the other hand is a...

I'm not speaking about 100% of the data pool. I'm saying on avg, a guy that can f*ck a hot chic generally does. There are always exceptions, but we are dealing with sample distributions here.

Fixed income spread trading firm, mostly algorithmic and HFT. I honestly don't know what their splits are like now. Their best days are long gone.

Well, do you honestly think the University of Chicago grad with a Masters in Econ is going to do a combine? No, he is stressing over which banking offer to accept at graduation. Come on, the type of person who is going after TST is going after them because the other options are not available.

Do you have any idea who DE Trading is and their background? My God, this message board has gone to hell. I'll tell you what cornholio, you've got a better shot at landing a job on a swaps desk with Goldman then getting DE to fund you.