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I do not think there will be a Micro CL because for some reason exchanges want a large crude bid/ask spread. The half size YM has a 2.5 cent or $12.50 spread that is more than the $10 CL spread. The $25 round turn spread makes it hard for less skilled traders (me) to make money. I have been...

It eliminates HFT advantage to traders with more money than other traders so they can buy faster access. It also ends the corrupting influence on exchanges from being able to sell unfairness. I think there is concensus among academic. Here is a reference to a commonly cited paper. Quarterly...

Al Brooks price action trading idea is based on bar by bar changing probabilities. Although it requires looking back for more than one bar. His theory is that HFT algorithms use previous bars to determine trades so the previous bar predicting next bar is a consequence of HFT programs. Brooks...

An unbreakable "computer chip" is worse than a one time pad. Code breakers just obtain a chip, reverse engineer it to build a hardware description language model and simulate it. That is what BletchleyPark code breakers did to enigma by hand before the computer age. Polish cryptographers...

Something similar happened to me. My laptop's mouse is slightly flaky so I always want to see and confirm order tickets before submitting the order. I originally used presets but TWS changed. Order ticket quit showing and asking me for confirmation. I called and support told me now I need...

Linda Raschke says (from a few years ago) that buying just before market closes and selling the next day tests out slightly better than day trading.

I try to use crude fundamentals to trade energy too. I do not think recent reports (EIA) are correct and the trading shows that. The EIA is a goverment agency. The current administration wants low gasoline prices for the next election. The politization and dishonesty in government agencies is...

I think Simmons is starting to spill the beans. Maybe he feels gullty that previous President Mercer created the Breitbart fake news empire. I have not read the book but there are lots of interesting tidbits from Simmon's MIT Sussman Finance interview. URL: Two parts that I found particular...

I think Brooks style price action day trading might be starting to work. I am not sure what the change is. Maybe HFT are now canceling each other out (recent Eurodollar HFT versus HFT stories). Maybe HFT front running has been doing something that HFT companies realize will send them to jail...

I recently had a related problem. I use the IB mobile app 2 step authentication only to log in to IB account management. The two step authentication quit working because I tried the T Mobile US, international high speed data and free calls plan while traveling in Switzerland. Somehow my...

New broker's very low (not quite zero) option commissions are great for your system. It allows making adjustments each day by selling just 1 or 2 options. Also, if the few weekly options sold one day move quickly, they can be bought back the next day (say sell at 0.60 and buy back at 0.15...

Also, AI (aka HFT) is cheating mostly front running that is only allowed because of unwillingless of the SEC to enforce the law. If Warren is elected, no one will be able to remember how AI trading worked at all.

It is not true that chess programs can beat the very best human players. Programs run into John Lighthill's combinatorial explosion. You are believing the GOOG hype. Read Leonard Barden's FT chess columns. Also read Gary Gasparov's "Deep Thinking" book. Kasparov claims that the well financed...

Great system. I am also now using it with UCO (long 3x crude oil) that has a lot more weekly option volume than AMRN. I seem to run into a pattern where stocks either fall 20% with no bounces or rise 20% also with no bounces. I wonder if there is a better way to trade that? I also ran into...

I do not think this is right. A better way to see order flow and the various competitions between market participants is with IB 5 second charts because the volume bars show the peeling and adding as Globex trades occur. My problem is that I am a philosophical type that needs a theory. Here...

I found this free Charles Cottle video. I think the baby fly adjustments are made buying and selling credit spreads not necessarily inside the wings of the original fly. Here is the URL. There is also a part 2. https://vimeo.com/ondemand/riskdoctorarchives/179957870?autoplay=1

The actual news is release of documents and recordings from Intercept (the organization involved in the Snowden document release) that the judge Moru that convicted leftist worker party leaders such as former President de Silva was corrupt. He literally told Brazilian prosecutors what evidence...

There are people who make income from option spreads. You should watch some of the Dan Sheridan options you tube channel videos. He discusses when to use various types of spreads such as calendar spreads. Sheridan is trying to sell his advisory service, but his free videos on his web site and...

I think your system is great for biotechs. It is working for LABU (3x long biotech ETF) and for AMRN (heart event reducing medicine). Biotech ssuffer from periodic sell offs but I think are great long term longs because of the science. AMRN got its accelerated review, but it just...

I am mostly out of AMRN because of a delayed binary event. AMRN applied for a label change to the FDA that would increase available market by a huge amount. Problem is that if the FDA does not grant label change priority review, AMRN stock could temporarily tank. If it does, the stock could...