Search results

Exactly how much leverage do you think you need to make money trading the ES?

Broken market? Based on one misprint?

No, but it did completely take away the fact you just used to support your hatred of HFT. Without that fact, a logical person would rethink their position on the subject, but much like a typical conspiracy theorist, you've simply stated that the fact you previously cited doesn't really matter...

Actually, I can explain the trading profits, and if you can't, you really aren't qualified to even hold an intelligent discussion on the inner workings of an investment bank because you have no clue how a trading desk operates. You do realize that the VAST majority of their trading revenue...

Suburbs of Dallas/Fort Worth - Schools (3 kids) & Quality of Life Growing Yes No Yes

Completely agree and should have added that trading within your means is an absolutely fundamental part of trade management. Averaging down in a trade in an attempt to turn a loser into a winner is IDIOTIC if it requires you going all-in and results in you being in a position to blow out your...

There is actually a tidbit of wisdom in what Don just wrote that is probably lost on a lot of traders. Trade Management is as important as trade entry and good trade management can turn a poor entry into a winning trade more times than not. Consequently, poor trade management can turn the...

Fixed that for you...

Depends on what your day job is. If you can sit in front of the screen on a daily basis without interruption and can trade without impacting your ability to do your day job, then I'd say the answer is yes. However, like others have said, it's a long shot and really the only way I can see...

I disagree, an Army most certainly can defeat a People. But there's a huge caveat to that, the Army has to be willing to kill civilians and destroy both military and civilian infrastructure indiscriminately, and continue doing so until the People either surrender unconditionally or are all...

Wouldn't disagree with that assessment.

What a lot of you guys are failing to take into considering is the fact that a lot of US companies utilize manufacturing in China in order to garner a competitive cost advantage. If that cost advantage goes away through currency rebalancing, those US COMPANIES will suffer. Yes, US...

You're confusing Implied Volatility (IV) with realized volatility. The probability function in the ToS software utilizes IV to determine the likelihood of a position expiring in or out of the money. Higher volatility expands the range, lower volatility contracts the range. The reality is...

Two questions, unrelated to trading (I'll give you a break from the mountain of questions thrown at you on this thread). Burpees? Crossfit devotee? Good friend is a certifiable CrossFit nut, he's been trying to get me started on the WOD for the last year or so. Haven't given up on my every...

Reread the quote, you and I agree. Traders, large and small are hurt by Sub-Pennying. And actually, I'll back-up a bit and say that anyone using limit orders to try to get filled on the bid (for purchases) and the offer (for sales) will get hurt as well.

From what you said, you and I don't have an argument. This is a market structure issue that needs to be rectified. I agree, everyone should be able to enter orders at the same increments. Problem solved.

1. I said it benefits the small retail INVESTOR. Clearly sub-pennying hurts traders (large or small). 2. Congress isn't going to care about traders, they are going to care about Main St. They aren't going to care about Wall St in any of its forms. 3. Have fun in your little dick...

Damage to who? Day traders such as yourself? Big deal. Retail investors are benefitting from the dark pools and the sub-pennying. As are large volume traders who can move size without distorting/moving/disrupting the markets (good or bad). I agree that it isn't the best situation from a...

I won't disagree that the present structure is unfair to the small trader, but not fair doesn't equal fraudulent and that was the post I was specifically responding to. There is nothing fraudulent going on. Unfair potentially, but fraudulent, no. There's no frontrunning going on either. If...

It's not fraud and it's perfectly legal given the way our markets are currently structured. You may disagree with that structure, but that doesn't mean anything is fraudulent. Your bid isn't being hit and you're getting sub-pennied because the person trying to buy shares first route their...