Search results

  1. A

    New book on how traders are beating the HFT guys

    http://www.zerohedge.com/news/interview-high-frequency-trader During that same time, I started to notice odd price movements on my charts, ones that I had never seen before. Prices would randomly spike in amounts and directions that made no sense. When I dug deeper, I realized the movements...
  2. A

    New book on how traders are beating the HFT guys

    The common "enemy" per se is a distinct change in price behavior across many/most markets in shorter-term timeframes, specifically intraday. In order to succeed at day trading one needs markets that move and ability to fill trades in a manner that they can be held thru general market noise...
  3. A

    New book on how traders are beating the HFT guys

    No it's certainly not just you.
  4. A

    New book on how traders are beating the HFT guys

    what correlation is there between notional price of the underlying then versus now? Ten years ago the ER2 cleared 200,000 to 300,000+ contracts daily, and most of it was real accumulation - distribution. Current volume today averages about 1/3 that and is mostly HFT churn. Does it matter if...
  5. A

    HFT, and is backtesting helpful or harmful?

    Back in early 2003 I wrote some FX systems thru TradeStation and RINA software based on ATR volatility breakout parameters that back-tested excellent in GBPUSD, EURJPY and GBPJPY in particular, pretty good in EURUSD and USDCHF. The risk/reward parameters varied amongst each due to different...
  6. A

    New book on how traders are beating the HFT guys

    and what would motivate anyone to write such a pointless book which nobody would buy to read? I've been trading Russell 2000 emini futures since 2004 and crude oil futures since 2010. Anyone who has traded either / both markets can assure you without question that HFTs have rendered them mere...
  7. A

    ES Journal - 2014

    We have all waited a long, long time for this in stock index markets. Knew it would come, only a matter of time before markets cycle in endless fashion. viva la Russell... viva la volatility! :cool:
  8. A

    Trader P/L 2014

    Don't be so confused... I changed my mind about posting here. As I told you before, it was possible and you'd simply have to adjust. But as a parting post, here's the Russell 2000 emini results from my personal "Take Five" daily business plan for my intraday trading. -5pts and it's max loss...
  9. A

    Relatively liquid and volatile future markets

    One other factor for multiple symbols... and I do think this is most important of all... they cannot all be traded the same. For example, TF and CL, NQ to some degree tend to spike and blow away when they break congestion zones at key S/R levels. If they are trending OR changing trend...
  10. A

    Relatively liquid and volatile future markets

    Personally speaking, and by no means not for everyone else, at this stage of my career I perform much better focused on a single futures instrument than several. Part of that is I'm trading somewhat fast setting charts so things tend to happen quickly when they do. Part of that is I find...
  11. A

    Relatively liquid and volatile future markets

    Well, logic is that watching different markets would result in trade setups happening at different times, which is somewhat true. But two things tend to happen repeatedly... #1: all markets make sudden and/or extreme moves based on the same news that affects all markets alike. Anything that...
  12. A

    Relatively liquid and volatile future markets

    Preferably traded actively around US regular trading hours... ... eliminates DAX. I looked at that one too, couple of issues there. Wild spikes and slams from seemingly nowhere are frequent, margins relative to eminis and active hours are when I sleep. If DAX was the only choice and no...
  13. A

    Relatively liquid and volatile future markets

    based on the first post, it appears he already does now from there if he wants something with even bigger daily ranges and wider swings on a consistent basis, TF is the only one to fit that descript
  14. A

    Relatively liquid and volatile future markets

    Russell may semi-correlate to the other eminis, but its pit-session range is usually 2x to 4x greater on a $$ per contract value than the others. I too have looked for anything else such as you seek, none exist. Soybeans are great when moving, dead flat for periods of time too. Ditto CL...
  15. A

    Topsteptrader

    <i>"Well, there's a difference between day trading day after day, year after year, making money and holding bonds for 30 years, no?" "No. Money is money. If I make 20% a year in bonds or daytrade and make 20% a year adjusting for taxes and costs, it's the same thing." </i> worthless...
  16. A

    Topsteptrader

    Only thing I'm looking to cherry-pick are +5pt TF trades intraday. Currently in a slight draw for the session, idle until past the 2pm Fed history lesson release. If and when TST ever offers Russell futures, I'm interested. Until then, I'm uninterested :cool:
  17. A

    Topsteptrader

    precisely right. What's the point of all these custom combines anyways? That's just man's answer to complicating the complicated. 50K Combine Rules: Trade whatever symbols you want, any amount of contracts you want, any way you see fit. Max loss intraday is -$1,000 and -$2,000 max Once...
  18. A

    Topsteptrader

    contrary to appearances here, I have no dog in the hunt. Unless TST offers the Russell emini as an eligible contract, I'm not interested in anything else. The way all markets are ripping v-turns every which way these days, I'm able to manage trades for one symbol at a time so why not choose the...
  19. A

    Topsteptrader

    vol: a 20-day combine is nearly 2x the 10-day profit objective. So that's a push mav: I'm a lifeling football fan... so let's use this analogy here... What if the NFL combines that measure college prospects for the NFL draft had one rigid stipulation: in order to be considered eligible for...
  20. A

    Topsteptrader

    As whippy - choppy - spiky - slappy as the Russell 2000 futures were today, I did just that and it all turned out just fine. When such things are chronicled in real-time on youtube verbatim like today was, that is the real shit which cannot be made up <grin>
Back
Top