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Monday May 19th ES range: 1869.25 low to 1883.00 high | 13.25 pts = $687.50 range TF range: 1094.0 low to 1115.6 high | 21.6 pts = $2,160 range Tue May 20th ES range: 1880.75 high to 1864.75 low | 16.00 pts = $800 range TF range: 1109.8 high to 1094.1 low | 15.4 pts = $1,540 range Wed...

The max daily drawdowns get hit while combine traders are struggling to make pace towards the minimum profit mandates to get funded. If there was no deadline to hit minimum profit objectives, more traders would stay within downside risk parameters while moving towards unpressured performance...

The challenge with strategy you propose is this: TF intraday ranges are 300% to 400+% greater than ES ranges on a dollar-per-contract basis. So an $800 per contract directional move in TF from swing low to high (or high to low) might only be $225 per ES contract in parallel. TF moved more than...

What I do personally, like a lot of other traders in all markets, is follow price direction long while rising or short while declining. I don't do reversion or fade stuff, and I've never known any futures trader who has long-term success fading price. So what I do never ceases working UNLESS...

one firm hired ten (10) people and the other firm hired four (4)? that's not a spree... the local ice-cream stand other side of town here just hired more girls than that! <lol>

No question this is an adjustment to the present uber-low volatility markets environment with one notable symbol exception... Russell 2000 eminis, which are not available to trade. Even the once mighty CL that a majority of funded traders relied upon in the past is now locked inside of <100 cent...

well, I think it's important to note that other than intraday trading, the opportunity potential has not changed much. When talking about lack of true liquidity and contracted intraday ranges, that starts & stops intraday. I don't know about pure stocks trading personally, but swing trading...

the difference then versus today? Those SOES bandits were a tiny minority while the same HFT-bandits concept are THE MARKET. what a few minority factions accomplished before was easily absorbed by the general market. But when the general market itself became a majority of front-run...

I traded thru the years of Vol bottom 2004 - 2006 with VIX at 10-12 and stock market ranges contracted as they are today. But... intraday crude oil ranges were not collapsed. FX intraday ranges were not collapsed. 10-point intraday ranges in the ES did not chop sideways thru the entire stretch...

that is definitely true, but equally true is the fact that this nation could be 100% self-sustainable if the borders were closed, all non-residents permanently ejected and no imports/exports allowed. life as we know it here today? Hell no, not even close... but all of the fuel, food, land and...

I used to enjoy trading wide ranges in CL, I used to enjoy trading methodical price movement in the Russell 2000. Adaptation includes grinding for points in the ES, swinging for pips in a basket of FX, working more for muted gains relative to the past when VIX futures didn't exist for the U.S...

Survive is fine. Prisoners of war survive, too. Markets used to employ more real people, distribute wealth thru a wider network of the economy via many more consumers. Now after all of the layoffs, downsizings and towel-tossings, it is a mere shell of the former robust industry. Or perhaps...

We live in this world, you and me: ten years ago, all financial markets were broader, deeper, more liquid, more opportunity for more people to profit. Today, all financial markets are narrower in scope, narrower in session ranges, narrower in volume and true liquidity. Masses of real people...

#1: the only benefit HFTs serve the general market is their own parasitic self-serving. They create no open interest, they take no positions intended to add liquidity. All they do is insert themselves between actual buyers and sellers as a needless layer of siphoning. HFTs create no...

For some odd reason, there are people who cling to the stance that all markets are status quo, nothing has changed, everything is groovy as it was since 1999. How hard is it to be honest and say, "yes the markets have changed and yes they are dominated by legal front-running and yes it is...

mav, I'm talking about intraday trading and intraday price action specifically. You're a highly intelligent man, and experienced veteran in this industry. You know damn well the price action internals are nowhere near what they used to be. Nobody made any fortunes day-trading crude in 10-cent...

You are lecturing me about stock markets, and you apparently struggle to post profitable results in your spot FX journal? Now the rest of us are talking about intraday trading stocks listed on various exchanges, along with futures markets. Stuff you don't trade or even know very much about...

that's all true... and exactly where did all of this peak "efficiency" come from? HFTs and the free reign to front-run orders, manipulate price moves (endless flash-crash events happening all the time) and drain true liquidity from thinner markets (no fills unless you chase price) created...

while I sit here and watch the emini stock index markets chop & drift in tiny ranges, I have a question for all. Why in your opinions is volume and individual traders' participation at all-time historical lows right now, including the entire electronic markets era? Why are so many...

TCR: Many defenders of HFT claim that it is a net-positive force in the market because it provides much-needed liquidity and tightens the spread between bid and ask. Are those claims true? GARRETT: As I said earlier, there are many different HFTs that do many different things. But in my...