Search results

Ditto. I guess I'd call my self a scalper of a mean reversion strategy which has been, and still is, rigorously back tested. (And those back tests results are verified and corrected as needed). That gives me my confidence, which alleviates stress. But I'm also out of losses so quickly...

I'm not sure how it works, but it happens. Look at a 1 min chart of QQQ this morning at 8:11. A $3.75 move down in one minute with no volume spike? There are definitely real volume spikes happening, but these bad data prints are driving me nuts.

Yes, I've noticed and it's a pain in the ass. I use TOS for charting, so I can just right click on the bar and correct it. But it seems like I'm doing that every 10 minutes or so lately. Also my mean reversion back testing has been completely worthless. I've always verified back testing...

It's 3 years old, but I just saw this vid featuring Patrick Boyle on Coffeezilla, and he makes a lot of good points. There are so many of those dick heads on youtube, it just shows how gullible people can be. One example is there are so many "traders" driving lambos and yachts who are...

I could probably do my own research, but it's easier to ask it here: Where do Contract For Difference shops land as far as legality? I've never understood them. Mainly because I don't care. There are plenty of legit firms out there I could use with my 57, (one of which I'm currently using).

Have you considered contacting them directly to complain? And perhaps typing better?

I'm looking forward to the response to this.

There's only one comment so far that I somewhat disagree with. We shouldn't trade a volatile market? My best days come from volatile markets. But, even though friends of mine have racked up record days during extreme volatility, there are times when I say to myself "This is just too crazy"...

But to be clear AGAIN, I do not trade mean reversion in any index. Just stocks. That would be fucking suicide. An 8 year old with an IQ above 75 could should know that.

Another excellent question. The real (incredibly stupid) answer? I originally told my prop firm I don't need Amex quotes. QQQ and TQQQ are NSD, so I went with them. BTW, I tried TQQQ just to manage risk better because of the liquidity. What a stupid idea for an extremely short term trader...

Excellent comment. Thank you. I live on the edge as a human, and since the number of trades ( and profitability) of my mean reversion trades has decreased, I obviously explored new avenues. Even at 56, I get bored very easily. Although I am extremely disciplined and very profitable with my...

I may not have worded my original post as effectively as I intended. I only use MR in stocks. I don't (and won't trade it anymore) use it for QQQ. I was just looking for technical patterns in QQQ, which completely contradicts a thread I started years ago stating that I would never use a...

I think the OP's thinking is more advanced than that.

I was. And it was amazing. And then things got different. It's like the really good algos caught up to us or something. He were just a bunch a good ol boys doing no harm when it just didn't work. Many of us saw too much risk so we dropped out. A few months later our main programmer/creator...

Oh I could show you some good crappy trades I took today in a choppy session. But what's the point? I'm good at stocks. I suck at futures.

Um, you don't really use anything like that, do you?

Stocks have always been so much easier. But it still takes a bit of insanity to stick with it long enough. I think futures takes a bit of sanity I do not have. And I'm only partially kidding about the sanity part. People see my setup, which isn't any bigger that anyone else's who has been at...

In stocks, many years. In futures, I need to walk away with my tail between my legs at this point. Need to get back to (well, keep doing) what I'm good at.

Am I behind the times or what?

Perhaps read the entire post before posting your next question. So I've noticed. I don't know how you guys do it. I'll do 50+ trades per day in stocks after getting 1000 alerts. I guess I'm just so used to refining my entries while being so busy that it is impossible for me to just sit and...