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Oh, you see it perfectly. I do not know what question I am trying to ask, because I have somehow conflated gold and silver futures prices with religion. And that is REALLY hard to do without effort. Dude, I wish to ask a serious question and stop this bullshit.

Pre-menstr.., err Precious Metals Definition of agnostic (Entry 1 of 2) 1: a person who holds the view that any ultimate reality (such as God) is unknown and probably unknowablebroadly : one who is not committed to believing in either the existence or the nonexistence of God or a god 2: a...

Living in the PM world What's gnosticism got to do with it ?

The narrative within the PM world (I'm agnostic) is that it's green-lighted at the top, so there would not be an enforcement mechanism, Nodog is watching the watchdogs. So no such thing as contract trolling, ie no naked longs nor naked shorts ?

B.B. -- Before Brooks ;) I've learned a huge amount from Brooks, more than from anyone else, but do not yet intuit charts the way he does -- his narratives and hypotheticals always make sense, but when I look at a new chart I don't have have his analytic conviction, at least not per his favored...

A recurring theme in precious metals discussions is the naked shorting of GC/SI contracts, which some expect will eventually trigger a force majeure event that will bankrupt both the naked and the "true" shorts, and send PM prices to the moon. ("The Naked and the True" ;)) Are there any other...

volpri, your posts are so instructive. I wonder how long it took you to develop this approach, what led you to it (Brooks ?) and was frequent trading like this instinctive from the start, or did you have to work to develop it ?

Unfortunately "averaging down" does not convey the deliberate, strategic intelligence and execution finesse of what volpri describes and documents so well. "averaging down" implies either: 1) a badly, hastily improvised response to an unexpected move against a trade, or 2) random...

Growley, maybe of interest -- IB, like some other brokers, has what's called an MOC (Market On Close) order that automatically executes your order during the last few minutes of the day. You can also configure orders to exec at specific times.

... one attempts to understand the market by debugging one’s earlier attempts to do so

I suggest that the question of whether the market is random may not be relevant to trading: Consider a luxury helicopter commuter who makes daily shuttles to Manhattan -- every morning s/he moves 50 miles in one direction and ends the day moving the same distance in the opposite direction. No...

ironchef, the more I see, analyze, and attempt to diagnose, the less random it appears to me. When the market moves differently than I anticipate, it is almost always because I did not see a support/resistance level at a higher time frame, or a less obvious one at the local time frame, or...

What happens if the US outlaws the use of paper money, replacing it with a digital alternative ?

To flesh that out a little more: when an algo you're working on fails, assume it's due to a gap in your model of the market, a gap in your knowledge, or an error on your part, do NOT assume that the cause is random, do NOT assume it is due to chance. This puts you into problem-solving mode...

From someone 5yrs+ into this endeavor, bruised, smarter, much-improved, and very confident of success: => Assimilate as much edu as possible, but don't apply it verbatim -- make it your own Backtest everything and funnel new knowledge into your own insights and combinations of ideas. Remember...

Thanks to both of you -- I've seen the same several times and have also wondered about these lucky escapes.

Thanks Metamaga. Suggests to me then that trading conditions on EOD price should use EOD DAY chart/data. I suppose we could refer to this as an "EOD GAP" ! Charles

Today, TWS charts have the following data for the USO CLOSE yesterday, 2019-07-17: DAY CHART: 11.75 MIN05 CHART: 11.76 I've seen this kind of inconsistency before. Does anyone have any perspective on this ? Regards, Charles

Issue continued 3rd day in a row on 20 JUN. Have not seen it since, but have not been looking at SPY intraday much in 21 & 24 JUN. Not particularly confident it won't repeat.