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He has been trading for years - he tried futures and found out what the wrong side of to much leverage does - lesson learned, he is focused on risk mgmt - a valuable lesson that may turn him into a profitable trader. Maybe take some time off than come back trading small. Losing money and...

Equities are insured by the FDIC, with futures you do not have this. Dividends - The SPY pays dividends - currently just over 2%. Carry cost - the roll cost of futures makes long term positions more costly.

WLP - does not do automated trading. TS/EL is light years above WLP. Why not use Python? It's the future and what all those quant nerds are using.

I heard a famous trader say "your worst trade hasn't happened to you yet". When I hit a rut I switch from futures to the index ETFs, layering in on top of winners. It keeps you trading instead od dwelling on misery, gets you back in synch with the market, and rebuilds your capital in a...

Does anyone know whether any broker (I'm using OptionsHouse currently, but could switch if other brokers have this ability) to set conditional orders which would be only filled after specific time? ________________________________________________________________ Trade Station, Interactive...

Also, in US markets, non-Dow, non-S&P equities. Although they do move with general market forces, they have far less eyes on them, and less forces acting upon them. ____________________________________________________________________________ I was talking about the index futures. Equities can...

The market conditions are similar to 1999 _____________________________________ I traded 1999 and the years leading to it. It was unreal. 1999 was a break out market making spectacular parabolic moves, with the stronger high tech & biotech stocks making double digit gains nearly every day the...

The other place to look is in foreign Index futures such as China, Taiwan, India, Japan, etc. These market are still mostly traded by humans and the charts reflect it. Patterns on these charts have a lot less noise. You will see a lot more recognizable continuation patterns and strong break...

Trading is the hardest thing there is. Even the big time winners that may have had a quick pop to the top often go down in flames and have to start all over. Risk management is the core focus for any top trader making consistent large profits over the long haul. Losing is a part of the game -...

I would try asking for a PDT reset. FINRA has provided brokerage firms the ability to remove the PDT flag from a customer's account once every 180 days. If an account was erroneously flagged, and the customer's intent is not to day trade in his/her account, we have the ability to remove this...

There is a lot more than just commissions and data feeds to consider. The first thing I look at is the financials of the broker and their compliance/regulatory track record. Who cares if you save a few dollars but lose your account if the broker goes under - it happens. Pay attention to the...

There are US futures traders that once accounted for a large ammount of the daily volume that today will put on about 2- 3 trades per day. Seems like the HFTs eliminated their scalping edge so now they trade less and hold longer.

The commercials were at multi year high positions on the VX futures for a hedge while the non-commercials where at multi year lows. The smart money is still smart.

Why does everyone trade the ES anyway? _________________________________________________________________ Finaly - someone that thinks outside of the herd which is all huddled into the choppiest - sideways market of all time with pricey execution costs, slow momentum, dominated by predatory HFT...

The smaller the time frame - the more noise. Trading only from a 1 min chart is like driving in downtown with reading glasses on. Most seasoned traders, other than scalpers, use multi longer time frame charts - like week/day/60 min. Some may go down to 30 or 15 min only for the entry, than...

JUST21 - that makes my day - I was also trying to figure out how to bypass the ridiculous ICE data feed costs. I just got confirmation with IB (Brodie) he said that futures orders are executed in real-time hence the subscription to the data feed is not required to get orders filled. This...

You should watch the film 'Requiem for the American Dream'. It is not a myth -huge breaks are given to teh rich at the expense of the middle class. Back in say the 20-early 80's there was a significant larger amount of class mobility. If you really think that the 1% of 1% really should own more...

Any restrictions on how far you can go back or resolution? ___________________________________________________________________________ Trade Station has a huge historical DB. The data is compressed so loading intranet charts ranging 30 years take only a few seconds. TS is a very good platform -...

Institutions trade in complete transparency off the exchanges in dark pools. The notion that someone has some secret decoder ring, I mean indicator, to see inside the dark pools is ridiculous. A classic volume chart works very well for this.

Any vendors out there you have experience with for historical intraday data and would recommend? ________________________________________________________________________ You may want to look into Trade Station - their charting is considered by a lot of people to be the best period, the support...