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The questionnaire measures skill by comparing score to the distance from the mean. So if everyone does that then no one is more skillful than anyone else. Make sense?

NO.

He is the last person you want to learn from. The sad reality, as other have alluded to, is that generating pnl is extremely hard to do in real life. The “hard work” is not in chart reading or knowing what the definition of a break out is (lol), it is in the data collection, preparation...

No one, and I mean no one, has a cumulatively profitable pnl using Al Brooks. People leave legit prop firms because they hit risk limits and struggle to maintain their edge. From what I’ve heard, 2nd tier prop trading firms like FNY can help traders scale a business with more flexibility.

My present view is that the dollar will rally through the rest of the end of the year (obviously not in a straight line) vs. DM but especially EM currencies as real yields create dollar scarcity while the Treasury simultaneously drains liquidity from the system with its larger treasury refunding...

Couple of q's: Are you just trading bond futures like zn / zq etc.? What kind of broker are you using? Any fx component?

Tbh it was kind of funny to read what they think happens at a bank. :rolleyes:

Let’s get a global macro group going. I need to learn the retail rates products (as I recently had to convert some stuff to pa & lost sales coverage).

Let’s get a SOFR gang going. I’m mainly trading sofr3m now that I’ve lost access to my two sales coverage guys. Need to rethink the global macro toolkit with retail products. Any suggestions?

The odds are that a tick mean reverts, so tick by tick reading is really not that special. Would guess most people could correctly guess the next tick (and have ran surveys to test). A better evaluation of a trader is their pnl. Maybe one day when I retire I’ll start a YouTube channel…

I just looked the guy up and read through his ideas — absolute batshit. I worked on a rates & fx desk at major bulge bracket desks… that’s not what we do lol. Seems like his IPDA thing is a very bad reading and analysis of this New York Fed paper on interbank trading and liquidity provisioning...

Congrats!

Typically, intraday gaps can be caused by "liquidity provisioning", but a lot of it may be driven by changing gamma sign of option dealers, as they are not price sensitive. If you can model gamma, charm, and other second order greeks, you'll be able to assess a value gap and trade it. I actually...

I think you need to move up to the street sense. FVG on a price chart doesn't exist -- unless you can point at a price and say "that is fair value". How are you even assessing fair value... ? Lots of ways to think about FV -- I'll give you an example on the disc fundamental side: (1) you see...

Lol tell me you've never taken a stats class without saying it... :rolleyes: Anyway let's not get into semantics here. Sounds like you've found your holy grail in EW considering it captures all those things you find important. You should have that lambo any day now!

What a word soup. No lol, don’t confuse maths with statistics. A wake board is not a surf board even if to an outside observer they seem indistinguishable. You’re still at a level below an intern summer clerk.

Okay dude lol go do you. BTW fractals for trading and Elliot waves are not statistics, they're pseudoscience.

Some of the guys on this thread are of similar caliber. :-)

Then why do you keep referencing RSI? Stop lol. WTF. If you know about skew, then why are you upset about using terms like concavity/convexity?

No it is not lmao, stop posting that. No one is talking about the price of the stock when we use those terms. We use those terms to describe how the option's value will adjust to a change in delta OR other Greek. You read one study and now you think you've found the holy grail. Quite the flip...