Search results

Hi I have a question about how do you interpret an equity price action or expectations when the IVs of options of different timeframes are moving in opposite direction. Say, you have 3 IVs, let's call it IV15, IV30 and IV90, each is IV of options expiring in 15, 30 and 90 days (IV calculated...

@MarcG, @activetick can you please elaborate what it means ? Thanks Mwahal

Hi I am looking for information whether the 19$ UVXY trades were broken or busted by the exchange. UVXY was trading at 14$ level and then jumped to 19$ for a few trades. The tick data shows a few 19$ trades and the daily historical data on yahoo shows 19$ high. I am wondering if that price...

new xmas toy for traders !!!!

Studies in Tape Reading http://www.amazon.com/Studies-Reading-Contrary-Opinion-Library/dp/0870340646

The daily range may be small for last couple of days, but the trend persistence is there. I sort of compute trend persistence as net change for last N days divided by sum of ranges for last N days. The trend has been up since last 1 1/2 month but the daily range has been small. When the trend...

Well, the million dollar question is how to dynamically determine if its a trend day or a trading range day ? I look at some general guidelines. Such as 1. Dow within +/- .3% (i.e. -30 to +30) 2. Nasdaq within +/- .4% (i.e. -8 to +8) 3. NYSE Trin between .8 and 1.5 BTW, today, ER2 is...

Man, I really wish you spend this time on your research rather than watching every single post on this thread and replying it instantly.

Based on your responses on all other posts, I really doubt that. http://bits.westhost.com/idioms/id14.htm

Well, because you dont have real market experience yet. Once you get real market experience, you will understand what me and everyone else was trying to tell you.

saxon, save the entire read -- read it after 2yrs for chuckle. this has been very entertainment thread. My guess is you are doing an experiment on traders that how far you can push your buttons ! congrats on success of your experiment :-) mudit

You are talking about 100 lot size and couple of trades a day. With that trading style, you can easily do 1000 contracts a day. You are dream come true for retail broker. So, you should lease/buy the IOM seat so you can trade the ES and save on commission.

Based on your experience with the real market and your trading size to be 100-200 contracts, I think its safe to assume that the initial margin which you will be putting for the trading is not earned from any prior trading :-) I'll be most welcome to lighten your load in your account by...

If you start trading couple of thouand contracts a day/month, then you should get a lease at the IOM. Your fees will go down exponentially. Take a look at this example http://www.velocityfutures.com/pdf/leaseorbuy.pdf (not a plug for velocity futures, not associated with them anyay)...

Try with a 1, 5, 10, 20 size lot first. See if your system works. Then you can keep adding more and more contracts.

You are going for a risk reward ratio of .25 (risking $1.00 to make $0.25). So, u need to be right 80% just to breakeven without commission. Including comm, for each 1 loss, you have make 5 successful trades to make atleast 1 penny. If you hit 2-3 losses in a row, you are probably dead. So...

I think a higher bid/ask size may not get totally filled before the price ticks above/below you. Also, if the bid size suddenly upticks by 200 contracts, the ask price may move up by 1 tick. Filling 10-20 lot size is one thing but filling 200 contracts everytime and scalping 1 tick everytime...

Its not about the battle of the system, but the problems associated with a platform which is tied directly to money. Losers will look for blame everyone else and you will be first escapegoat ! Read about thethreats of litigations and lawsuits. There are some very good posts EARLIER in that...

You should look at this thread also :-) http://www.elitetrader.com/vb/showthread.php?threadid=75311

Can you please show the chart so others can compare against their charts and see if everyone is looking at the same signals. Thanks Mudit