Yes, five 2-contract trades would be seen.
Yes on your second point too. Large prints would only be seen if the counterparty also had a large order in place
Anybody run or walk on a treadmill or elliptical machine during trading?
My trading strategy mainly entails entering the trade manually, but upon entry, I try to let the trade take care of itself(profit target reached or stopped out). I sometimes get bored during trading, so I am wondering...
Absolutely hilarious. I sold short the ES on a small pop, Bob Pisani reported 2 seconds later that we are no longer in "sell the rally mode", and less than a minute later we dropped 3.5 points for a quick profit. One of those wierd coincidental chain of events. In any regard, Bob Pisani truly...
Most of the stuff in Mastering the market by John Carter is some of the most useful garbage around. Perhaps that's why Tradestation gave me the book for free when I opened an account. Maybe they thought I would increase my volume of trading if I used his methods. Everything in the book looks...
Does anyone use intermarket analysis between index futures? For example, when trading the ES, do you also look at the price action in the Dow, Nasdaq, or Russell, or maybe even sector specific ETF's (semis, financials, ect...)? What do you look for?
You enter the market and the market quickly moves to give you a profit. Therefore, what should do with this potentially great trade? Let's punish the trade and move the stop up to breakeven!
The market is showing strength, so why should you jump out at weakness just because it retraced to...
How does your attitude towards risk change as you are in a trade. Everyone always says to cut your losses and ride your winners. However, its human nature/psychology to do the very opposite. Studies have shown that as people with paper losses, become more risk seekers when they actually...
Mad badger,
I think this is a very interesting issue and gets to the heart of trading. The first question is where should you buy. Taking Long trades as an example, say you've identified an area of support in an uptrend. This could be a trendline, moving average, previous area of support...
I like to trade intraday pullbacks when I think the main trend has resumed. Typically, the market either shoots off in my direction, hovers around my entry, goes slightly against me, or goes hard against me and hits my stop. Sometimes it seems like I would be better off immediately exiting a...
The problem with TA is that you can always come up with some reason (or excuse) why price continues or reverses at whatever price. Things always make sense in hindsight. Oh, wow, I should have bought because the stochastics crossed over, we bounced off support, support broke, adx was rising...
Do you use different trading strategies?
This might appear to be a simple question, but I think it really gets to the heart and difficulty in trading. Its my impression that the most successful traders are individuals that are able to easily adjust and adapt to changing market conditions...
I was reading a news article speculating about why the markets reversed. It mentioned the possibility of a rate cut and then they said:
"Calls to the Federal Reserve by CNNMoney.com were not immediately returned."
I almost fell out of my chair laughing. What exactly were they hoping the...
Can someone enlighten me as to what will most likely happen to home mortgage rates assuming the Fed cuts rates in a couple weeks. Mortgage rates are tied to the 10 year note and I am aware that it is only the short-term Fed funds rate that is controlled by the Federal reserve. However, I'm...
I'm curious how people approach trading ES pullbacks intraday using price action only. Let's say the market is trending upwards or you suspect it is starting to trend after breaking out of a consolidation. For discussion purposes and to keep things simple, let's take the example of a bull...
A final tally here Friday morning of THIS week as referred to in the poll
8 yes, 46 No.
Not exactly sure who was right since they did in fact cut the discount rate, but not the target rate. I initially intended the poll to mean the target rate, but I guess any cut should have counted. So...