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First, I would start very basic, visit the exchanges websites, skim through the rulebooks and search order type information. Here's a guide from bats.com http://www.brainshark.com/DCS/vu?pi=zFkzM44nYz3QRKz0 After that you need to learn how your SMART router works. There are a lot of them out...

Unfortunately you weren't in front of the line. You have to understand that the stock market is fragmented, which means that you have to select which venue you want to go through. You can do it yourself or you can use a SMART router to do the work for you. So lets say you post your order at...

Honestly, I don't think the ES won't pay your bills if you work with the traditional pattern i.e. trade the open for 2 hours, lunch, trade the closing hour. You have to look at stocks. They trade actively for the first 30mins to 1h and then action dies and it's just an algo fest. I think you...

@baggerlord, first of all I would suggest thinking about your desired income structure. Do you like to get paid on a fixed salary + bonus or are you comfortable with performance compensation only. This is a prime decision you have to make first in case you want to jump into it. If you like to...

Rohnjohn, while s0mmi gave you some awesome stuff to tinker with (as always), here are some additional things to consider especially when you are trading outrights: - first of all, correlation can change at any moment, but usually because of a risk event. When this happens, you want to stop...

Guys, I mean...really? Who fell for that crap? It's a piece of plastic with wires and lights and especially after the apple watch fail and ongoing bad results reported by the company, there is no proof at all that they have a viable business. I understand the traders who where all over it...

Quote from contract specs: "U.S. Treasury notes with a remaining term to maturity of at least six and a half years, but not more than 10 years, from the first day of the delivery month. The invoice price equals the futures settlement price times a conversion factor, plus accrued interest. The...

Well, its simple math. If you have an edge and you can turn it 50 times a day you are more likely to have a positive month than when you turn it 30 times a month. Its just the law of large numbers. There is a reason, why most Propshops focus on intraday trading or why HFTs trade 100k+ times per...

Hm...so with all that hype about TST I had to check it out myself. here are a few comments (FWIW) First I do not quite understand your business model or rather the type of ideal trader you are looking for. I would think you'd love a guy who is profitable 4 out of 5 days per week scalping stuff...

Same for me here. The wheat/corn - spread is probably mostly traded by marketers who trade the spread instead of adjusting their elevator positions via two outrights. I'll investigate further, although there doesn't seem to be any underlying forces driving the spread...but I mean, when corn is...

@TraDaToR actually I like your thought process here, haven't had that idea, so thank you. Nevertheless, while spreading might be a reason for correlated orderflow, there has to be a reason for spreading in the first place. Thing is, I simply could accept the facts and trade accordingly, but...

@haroldg No, I haven't and I won't. I just watch stuff, take notes and try to understand.

Hi guys, I'm trying to understand the grain market a little better and just by looking at the ladders each day I can see that corn is moving along wheat or vice versa, but Soybeans are sometimes completely unrelated and move along the US - Dollar, sometimes they move along the other grains or...

well...leasing or purchasing seats is not like you going to wallmart for two cans of pabst blue ribbon. You have to post 2k non refundable and then your application gets reviewed. And if they like your face you have 30 days to buy or lease. Much easier to lease from a clearer who already has...

Hi Mr. Topstep. Are you able to help when it comes to become a member or leasing a seat on CME/CBOT? I mean once the trader receives a funded account and is able to scale up to 20 - 50 cars/click, a seat might make sense to get those exchange fees down...

Variance Swaps or Volatility ETF/ETN

Lol...anger and frustration? Not at all. After a little bit of adjustment, I'm really glad they are there! They are providing so much opportunity since many of them do the same stuff, target the same securities thus giving you really great entries when you know what you are doing. Also my...

@Zzzz1 No offense taken. With exposing your background, it's now obvious to me how you cannot understand how "modern" tape readers approach markets. Look: you guys look into microstructure. Position in queue is everything for you and basically any HFT is more or less trying to emulate the old...

@grahamglover: I really appreciate the fact that you are laying out your efforts to get back in the game. It's not easy and the severe change in microstructure made short term trading extremely hard. My advice for you would be to find strongly correlated markets, have the ladders side by side...

This is definitely not about protecting people from doing something stupid. Everyone who has a slight glimpse of an idea of how binary options for retailers are traded and priced knows that it is a product you cannot make any profit in the long run. It is all OTC, market makers control prices...