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LOL, just saw this. I don't mind the rage. Let it out! You got any general wisdom for someone who's planning on switching to NQ futures in the next 6 months?

It's never that neat. I wish it were. Intraday, it ranges from about 40.5 to 42.5

Gotcha. Thanks! Sounds like for the foreseeable future, I can keep using QQQ as my NQ signal system then with an acceptable amount of slippage. Hope so. Like I said, it will make my transition to futures go way smoother if I don't have to start thinking of everything in terms of 42.85 all of a...

That sorta makes sense. So if I'm understanding you're basically saying the syncing is consciously executed and monitored to prevent arbitrage opportunities, but why do the HFT guys care? I don't get what the interest in keeping them aligned stems from.

Yep, that's close to what I've found. It's been 42.58 or so for me, aka $850 for every dollar move of QQQ. But how the hell do they track so consistently, ESPECIALLY when you consider the one trades times the other don't.

This place really is full of aphasic chatbots still working out the kinks.

The setups I use are penny neat on QQQ oftentimes. That won't be the case at all with NQ so I'm wondering if it's dumb eventually to just trade NQ but off QQQ signals. And if they ever decoupled, I'd have some extra work to do.

Okay, "algos" sure. But you've got different sets of people trading each. Not everybody who buys in and out of QQQ is also in the futures market. You might get some huge order in the one that ain't equally placed in the other. So how the hell do they stay so synced?

Interesting, where you getting 36.75 from? I'm a day trader on the 5 min chart. Every 5 min candle I've compared it's more like 42.

This thread is off to its usual great sunday morning start.

Thanks scoop. Of course I know that. Question is how do they do it so uniformly?

I'm currently trading QQQ while getting ready to switch eventually to NQ. Does anyone know how the two track so closely? It looks like a $1 move in QQQ corresponds to about a 42.5 point move in NQ. I'm curious how that happens and how dependable that is longterm, because all of my strategies are...

Jesus Christ

Not surprised, but his book on Volume Profile was decent, introductory, lots of typos and broken english in the writing, but clear enough and got me started on how to use VP.

Yeah, agree to disagree. I got more out of one chapter of Dayton's book than both of Douglas' books combined. You can dig deep into our psyches without being that obtuse. He's just not a very clear writer.

Rough quarter, agreed. I'm up slightly overall but was breakeven to the penny in September.

With you on the Market Wizards series, but I just got nothing out of the Mark Douglas books. Found them too vague and jargony.

Tried this for a month in case anyone's curious. Results very mixed so far, breakeven win rate for a slight net loss.

LOL. Only Yogi Berra could have written that one.

Any chance you could narrow this down to your favorite 80?