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  1. heispark

    Long term investment of Natural Gas

    Long term chart of /NG and S&P GSCI Natural Gas Excess Return Index are not matching. Extended expiration futures are very illiquid with high premium. I've concluded that there's no cost effective way for long term Natural Gas investment...... Too bad. :(
  2. heispark

    Long term investment of Natural Gas

    UGAZ Decay Quantified: A Sure Path To Lose Money https://www.askfinny.com/bite/UGAZ-horrific-decay-quantified Today, the shares of VelocityShares 3X Long Natural Gas ETN (UGAZ) fell more than 12%, causing a lot of panic selling. The perennial debate among investors in 3X ETN securities is to...
  3. heispark

    Why not tradestation, TOS, Etrade......

    I don't trade options but see how Todd Gordon trades. He's an Elliott Wave expert and trades options mostly. He uses MotiveWave for charting and uses TOS for options analysis and execution. Watch his youtube channel for details. https://www.youtube.com/user/TradingAnalysis If you are options...
  4. heispark

    Why not tradestation, TOS, Etrade......

    I copy-pasted my old post below: For /ES, AMP charges me $2.05 per contract (Exchange $1.18, NFA $0.02 Clearing $0.5, CQG TRF $0.1, Commission $0.25) while TDA would charge me $3.45 (Exchange $1.18, NFA $0.02, Commission $2.25). For round-trip trade, it's $4.1 vs. $6.9. That means total /ES...
  5. heispark

    Why not tradestation, TOS, Etrade......

    If you want a simple solution, I recommend Sierra Chart + Rithmic + AMP Futures. You won't complain.
  6. heispark

    Why not tradestation, TOS, Etrade......

    Order flow study not supported in TOS. Sierra or NinjaTrader are much more powerful with free order flow features. Personally I like Bookmap with Rithmic feed. I don't understand how people can day trade without order flow study..... If you are Mac user like me, I believe MotiveWave is the best...
  7. heispark

    Long term investment of Natural Gas

    Why Leveraged ETFs Are Not a Long-Term Bet https://www.investopedia.com/articles/financial-advisors/082515/why-leveraged-etfs-are-not-longterm-bet.asp "If you’re a retail investor and/or a long-term investor, steer clear of leveraged ETFs. Generally designed for short-term (daily) plays on an...
  8. heispark

    Long term investment of Natural Gas

    What is the best vehicle for long term investment of natural gas? Futures have roll-over cost and ETF is reset daily and not accurately following actual performance as far as I know. Please share your experience. I think I can safely buy whenever price drops to near $2 with stop loss below $1...
  9. heispark

    Reverse engineering someone else's edge by analyzing open/close trades history?

    Just curious.... Is it possible to reverse engineering someone else's edge by analyzing his open/close trades history? Asking this question to know whether posting trades history to public forums is a good idea or not.....
  10. heispark

    Career advice on Trading

    If you are so good, why don't you sell your trading signals? There are several social trading services in which you can sell your signals to innocent retails....
  11. heispark

    Most Useful S/R Lines for Intraday Trading Levels??

    Why don't you try order flow.....? Minutes before /ES fall off during the early market session.....
  12. heispark

    Trading with/without a mentor?

    If my father were a successful trader, he would helped me minimize trials and errors and shorten my learning curb. When I become a successful trader, I will teach my son trading so that he can quickly become a successful trader.... Your family members or close friends can become the best mentors...
  13. heispark

    Objective 3d party assured journal like Myfxbook for Futures?

    Yes, I remember I also had some issue with multiple entry/exit. As I am a scalper using single entry/exit, it's not an issue to me at the moment. You may want to contact Jigsaw and request to update their product. It seems they are friendly and cooperative. Although News features is a side...
  14. heispark

    Objective 3d party assured journal like Myfxbook for Futures?

    Yes, I purchased 1 year license. I am using it with Rithmic and it works perfect. :)
  15. heispark

    Tradingview Public Library

    TV is good for casual or traveling users. However, as you can see below, their charting is very limited even to the most expensive plan. I have Premium license but I am spending more time on MotiveWave and Thinkorswim now. Also, web-based charts usually have minor delay (half a second) in bar...
  16. heispark

    Tradingview Public Library

    The biggest community is for MT4. Tradingview is not even close. There are really great modern tools found in mql5.com or forex-station.com. I use MT4 for S&P500 CFD charting and trade /ES using Rithmic.
  17. heispark

    Advantages in /NG or /CL trade? Why Ricky Gutierrez trades only these products?

    UGAZ & DGZA is 3x leverage of /NG, so small day range should be ok to him. If only day range matters, he would trade /NQ. My guess is he may feel comfortable with price action of /NG and /CL for some reason.
  18. heispark

    Advantages in /NG or /CL trade? Why Ricky Gutierrez trades only these products?

    But he broadcasts live trading videos in real-time and TOS statement. So, I think he really makes money consistently.
  19. heispark

    Advantages in /NG or /CL trade? Why Ricky Gutierrez trades only these products?

    It seems this boy doesn't necessarily have a deep insight into the energy business. He mainly uses VWAP and price action plus simple MACD & RSI. Looks simple strategy.....
  20. heispark

    Advantages in /NG or /CL trade? Why Ricky Gutierrez trades only these products?

    It seems Ricky Gutierrez trades mostly /NG (plus DGAZ & UGAZ) and /CL (plus DWT & UWT). Does this trade have any advantage or is this relatively easier? I am not very familiar with these products...... :confused:
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