Search results

I guess one could just allow the market itself to be one's guru and only listen to it instead of allowing their mind to hear the voices of 100s of trading gurus spewing their regurgitated theories, especially in regards to momentum.

Padutrader, You do realize that to others it sometimes sounds like you are a devotee in the cult of Al Brooks. Al Brooks = Jagad Guru. I have lived in India for about 10 years of my life and I have noticed how some people put on blinders and become fanatic followers of supposed Godmen only to...

Damn it Electric Savant.... I was planning to visit a friend in Denver, randomly meet you in a coffee shop and tell you I am a trader so you could give me your best blank stare.

Padutrader/Pradeep sodarudu, When I hear your trading journey I hear this.... kārpaṇya-doṣopahata-svabhāvaḥ pṛcchāmi tvāṁ dharma-sammūḍha-cetāḥ yac chreyaḥ syān niścitaṁ brūhi tan me śiṣyas te ’haṁ śādhi māṁ tvāṁ prapannam and this....... man-māyā-mohita-dhiyaḥ  puruṣāḥ puruṣarṣabha śreyo...

Time I am, destroyer of the worlds, and I have come to engage all people......... Bhagavad Gita 11.32

Yes on $TICK, check some of my postings from the early 2000s and Yes on using different symbols to trade the ES. I am not sure this is as simple as it used to be but you have the resources to take advantage of it. http://indexarb.com/index.html

Padutrader, As you know a trade has an entrance criteria a profit target and a stop loss - Your R:R ratio is essential within those three. If you keep adjusting the target and stop after you enter according to smaller time frame charts or some internet news you have changed the R:R ratio that...

The OP stated "I love developing trading strategies and good at programming." My comments were in reference to it. The image of a hypothetical P/L made me conclude (which I could be wrong) that his strengths were in programing vs finding alphas. Come to think of it, most creative alpha finding...

Traditionally the job of a market maker was to provide liquidity as they traded their own book. Another job was to fill buy orders for a large client at or below the day's VWAP. (If they want to keep that clients business) They would do it by auctioning the market down hunting for weak hands...

Attempting to read order flow off of time & sales on a product like the Emini is just going to end up with you wearing glasses, having a headache or both. See if you can get your hands on a recording of the NQ realtime T&S during last February's sell off, watch it and then let me know if you...

AlgTrd2018, List what programming languages you know, any APIs you have written into, data feeds you are familiar with, etc. and I think you will get a decent response. The image and info of a more than likely curve fit system is meaningless.

It is reality. google: market maker auction market Some retail traders have tried to identify it using bid/ask trade data

Padutrader, No, even on higher time frames it is not a 3 bar pattern. I think one of your problems is just not being focused and disciplined. It could be the 4 hours of drinking, it could be guna-karma but regardless trading requires the ability to focus. Like when Dronaacharya asked Arjuna...

Of course.... as a US citizen taxes on futures based income ain't that bad though. If one wants to avoid those there are ways as well. One can trade/live in any country that has decent internet, where they pay taxes is always a different matter. There is always the Three Flag Theory.

U.S. tax treaty exemptions: Unique and favorable provisions exist in the French-U.S. income tax treaty for U.S. citizens living in France. U.S.-sourced interest, dividends, and capital gains from the sale of securities realized by U.S. citizens residing in France are exempt from French income...

Is that tick data or 1 minute OHLC?

Never really experienced that before - boredom.

Padutrader, Just a suggestion... If you are looking to become consistent and thus confident with the 123 setup just see if you can identify only the first setup of the day and then sim trade it/write it down. If you analyze, and analyze again, oh, did I mention analyze, this one and only trade...

Ok, I surrender - TTT - Tiny Tortuous Troll