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  1. Bad_Badness

    What Advice Would You Give to Beginner Day Traders?

    Learn to script your trades. Even if you do not intent to fully automate. There are many parts one can-should automate. Don't do all the heavy lifting day in and day out. When you learn to script your trades, you will learn how crappy your so called "rules" are and how huge and plentiful the...
  2. Bad_Badness

    Swing Trading the ARK Universe

    Update: Haha Yes Unity is a dog! It happens. That is why I did not buy a full allocation. Did only 11/25th and did not buy more. But Wait. There are more dogs. RPTX is sucking too. IRDM another hound. So yes it happens. The rotation is happening now, so I will wait and sell at...
  3. Bad_Badness

    How do you follow trade management?

    Static management is OK, Active management is better, IMO, as long as you actually know what you are doing. Not knowing what you are doing has the danger of putting "the cart before the horse". Some do "management" using the result of the management as the trigger for doing something...
  4. Bad_Badness

    How can one define chart patterns such as Head & Shoulders?

    This. So one solution is to create multiple Highs-lower, Highs possible "candidates" for the head and the shoulders across time periods*. Then choose the one that makes the sense. Choosing involves selecting relative "high" and relative "lower highs". Once you start coding up the parts...
  5. Bad_Badness

    what services are actually useful( what information i should be looking at when trading)

    Calendar for FOMC, FOMC minutes direct from the FOMC site. Calendar for the Economic events. There are many, Briefing.com free version is good. Both these things are good to not take a position right before, unless that is the play, but even then not a good idea for a beginner. Also good to...
  6. Bad_Badness

    MultiCharts.NET Lifetime license for sale

    There is a 4th of July Sale going on now direct from MC. One can get a new license at a good discount.
  7. Bad_Badness

    CME Gap (myth or reality?)

    This. It is the real Cryto gold rush. Not the actual crypto for retail, but bringing all the tools well used in other markets, to this new one, where the majority of players think they know how the game is played, and trouncing them over and over and over. Like taking candy from a baby...
  8. Bad_Badness

    Can anyone be my trading mentor? (short term trading)

    You are either an (intellectual) Giant or need to stand on the shoulders of Giants. Go to a UNIVERSITY, not just a college. Learn theory, not application. Lean how to learn. Learn how to code like an architect, not like a digital janitor. Then take what you have learned after 5 years, not...
  9. Bad_Badness

    The very broker that sponsors this forum has been down for the past fifteen minutes

    Welcome to trading. You seem to want 100% certainty. When it does not happen, you want to blame someone-something. This is like blaming the weather for a bad day. About every month or so, someone comes into ET with this type of complaint. This time that person is you. Until you can add...
  10. Bad_Badness

    market manipulation is there really difference?

    Don't worry about it, use it! You want to: Embrace the market, and use it to your advantage: some use a strategy that seeks out the "manipulation" and just tries to grab a piece of it. Figure out how to ignore the noise: Price movement can appear significant but is often just noise. Remember...
  11. Bad_Badness

    is there ever a good time to average down?

    Better to focus on averaging into winners first. Once you get the hang of that, then you can consider losers. Two comments: 1)One should ALWAYS have the averaging into the position as part of the plan. I.e. your first entry should be less, or at least account for the next entry. 2)...
  12. Bad_Badness

    market manipulation is there really difference?

    Different players and different reasons. Think of it this way, any shop has a quiver of ways to make money. Question is, is it enough money to bother with, are there better places, who is doing it, the veterans or the interns, how ripe are the opportunities now versus later. So in the details...
  13. Bad_Badness

    4 equal high lo bar indicator

    There are several problems with this: "Equal" won't cut it because it could be off by 1,2 ticks, but really is equal. Hence the SMA solution. The bars start and end are arbitrary. Who is to say that this starting point is the "correct one" for showing the range. If you just play with the...
  14. Bad_Badness

    Do i correctly understand futures trading risk in a worst case scenario?

    What Maxinger describes, in general, is a disorderly market. Retail orders are delayed, market circuit brakers go off, MULTIPLE TIMES. So there is a VERY real chance you could get caught in this. It happens so often, it should be considered in your plan. Example: LEH bros collapse. I...
  15. Bad_Badness

    I wonder if my trading level is strong in elitetrader.com?

    No one is buying your BS. Go and target some other forum with this beyond useless stuff. Perhaps the Chinese population has more newbie traders you scam. About once a month someone from Asia post this type of junk. At least get relevant and scam something recent like a meme stock.
  16. Bad_Badness

    can anyone explain the psychology behind noobs selling at exact bottom?

    "maximum pain is dictated by the actual trend regardless of where they entered and how much they lost?" probably, but also the larger time frame. "is it certain amount of time passing or lack of green bars or the speed of downtrend ?" all of the above. I think velocity is what freaks a lot...
  17. Bad_Badness

    can you see stop loss/limit orders triggers on chart and tape?

    You might be referring to the "round number" effect. Back in the day, stocks were done in fractions, 1/8th. Then they moved to .01 (pennies). But people still put in orders around round numbers. xx.10, 10.15 etc. So 0.25 is not a surprise. To avoid them you have to add a buffer. I use...
  18. Bad_Badness

    Why do i keep buying at the wrong time?

    Hey Mute, This is clearly the wrong place to buy: 1) It made its run, so the question is will there be a continuation, AND will it be about the same amount as the first run. 2) The second attempt failed. 3) See that red doji? That was the 3rd attempt that failed. 4) See the shooting star right...
  19. Bad_Badness

    Is scalping 3 handles/12 ticks on NQ feasible in Live market environment?

    Just go live with 1NQ for a week. Skip the Micro. You will answer: 1) how many fills you miss 2) how making up for the fill, after the miss, impacts the PL (Critical info) 3) how much efforts it takes and a hint on sustainability week after week. 4) probably a few other issues to be...
  20. Bad_Badness

    how to read order book charts and time& sales as a system?

    Good question. Check out the Order types on IBs web site. These show how to actually do these in a pre packaged, preset way. These were so common to do in algos, that they made them available as order types. What you described above are all in there. Iceberg orders, e.g. Also you...
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