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  1. MattZ

    Daily loss limit

    In nearly twenty years of existence of this site, no one made this observation and conclusion. Moderators, please pin it.
  2. MattZ

    Optimus Flow-Platform Overview

    Jake from Optimus Futures will go over all the relevant features of Optimus Flow: https://optimusfutures.com/OptimusFlow.php Execution Charting Order Placement Market Replay Jake will answer all the necessary questions that are a concern for beginner and advanced traders. Please go...
  3. MattZ

    Rithmic Trading Platform

    99% of the paper traders are busy with everything else but real issues concerning trading. In essence, BS. It is a growing pain that traders who don't trade real funds come here and just BS day and night and affect those who actually have skin in the game with theories. To everyone else...
  4. MattZ

    The changing character of the Futures Market brought about with the introduction of Micro contracts.

    You are just better of (in my opinion) trading on the CME the Euro Currency and Yen that constitute the majority of the index. I believe the USD index margins are about $2K (of course subject to change by the exchange) Also, ICE rates for data are expensive. Here is some info, just in case...
  5. MattZ

    IB API Execution Gone Wrong, Please Help.

    When you switched computers, you went live?
  6. MattZ

    Options on E micro futures any exp?

    I think that in terms of "being the same" is a matter of liquidity as you mentioned. But, I would not assume it would be a tick for tick. In fact, I think there could even be arbitrage trading. We put a few strategies for the Options trader to take a look at...
  7. MattZ

    Seems Sierra Chart continues to support Rithmic

    I heard that telenovela for years. for now, It's there. I am supporting it. If one day it's not there, we will move on and deal with that reality.
  8. MattZ

    Seems Sierra Chart continues to support Rithmic

    I always supported Sierra and Rithmic and never dropped it. It works fine in my opinion.
  9. MattZ

    since we know that all trading courses are bullshit, what would you actually look for in one?

    Fair enough. I looked at a variety of books that discuss sample sizes and stats. I just get too in-depth at times while glancing over stuff that gets too "heavy". I just suggested the lookup the term first on the net to see if you want to take it further. Remember when I started there...
  10. MattZ

    since we know that all trading courses are bullshit, what would you actually look for in one?

    You don't need a book. Google the term. You need to understand positive expectancy as a concept, and then build your own method around this concept. Books don't teach methods to make money, the good ones give you good tools and concepts.
  11. MattZ

    since we know that all trading courses are bullshit, what would you actually look for in one?

    I read various books that add perspective and help me improve what I do better. Anything that has to be with productivity, habits, psychology helps me manage my business better and hopefully lead a more fulfilling life. When I read market books, it also helps me understand the new generation...
  12. MattZ

    since we know that all trading courses are bullshit, what would you actually look for in one?

    You can buy 100 courses on trading and never understand the essence of trading. If you don't have the risk tolerance, understand odds(tail risk, sample size), and the importance of decision making, your library of books, CDs, and software is just wallpaper decoration. If I had to "start over,"...
  13. MattZ

    Do all brokers have API?

    We have APIs in Futures for retail traders.
  14. MattZ

    any resource for footprint chart?

    Read this intro before you decide to go deep into the analysis of order flow https://optimusfutures.com/tradeblog/archives/order-flow-fundamentals
  15. MattZ

    Daily loss limit

    Not only do you need to control your overall daily loss limit, you also need to set P&L targets on each position you have. The example below shows how we set P&L alerts whether a positive or negative per position on our trading platform. What you described above, is (sadly) typical for many...
  16. MattZ

    Richard Dennis theory that anyone can learn to trade is flawed

    If I had to add one word for those who are successful in trading is "methodical." And in fact, it is something I would add to anyone who succeeded in business. They review things slowly, are not impulsive, and don't have this "fanaticism" associated with amateurs all over the place when it comes...
  17. MattZ

    Liquidation on low volume, high beta stocks

    Read what I said again. I said "it's very hard to look at the individual account, analyze the risk, and then make a forward-looking prediction whether it will retrace" In other words, it's impossible.
  18. MattZ

    Liquidation on low volume, high beta stocks

    From a risk management perspective, it's very hard to look at the individual account, analyze the risk, and then make a forward-looking prediction whether it will retrace. If the customer has gone into a deficit, it would be "why didn't you liquidate before it was negative", and when it retraced...
  19. MattZ

    Good alternatives to ThinkOrSwim?

    Try https://optimusfutures.com/OptimusFlow.php
  20. MattZ

    US broker which don't open account for European customers ?

    We can open Euro Futures accounts.
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