Search results

  1. Real Money

    Advice for an Old Man’s Son

    Yea, this is exactly my point. You can't even talk about what the guy in that video is saying. Instead you just talk trash about pit traders.....what a joke. Those guys were LEGENDS in the pit. They traded 1000 lot calendars, 500 lot, 600 lot, 100 lots outright in long bonds kid. What do...
  2. Real Money

    Advice for an Old Man’s Son

    Tell him to watch this video. If he can learn what these guys do, how they think, the words and language they use, their ideas, and read their stories he will know how traders think. This is the real problem with most of the traders today (Dozu888's 99%). They never bothered to learn what...
  3. Real Money

    ITM or OTM Calls?

    Yea, I mean't (ATM) synthetic long SPX using index options instead of futures. I've just heard that omm don't like deep ITM calls (somebody on here said so). The guy said something like "it trades like a future and mm don't like to trade it unless they are getting edge..." I can't think of a...
  4. Real Money

    ITM or OTM Calls?

    Hey, got a question for you. Lets say I want to go synthetic long the index and then maybe let it swing overnight. Is there gonna be a problem with liquidity on the ITM calls when they get deep in the money? Example Long SPX call and short SPX, same strike, same expiry (weekly).
  5. Real Money

    Are foreign indices next? DE30EUR

    Japanese market in a downtrend...check the ratio of NIKKEI to SPX. All is not well. There was massive hedging cash exposure at the 3250 level, so market is ready for more upside (downside), but the action in the NIKKEI gives me concern. The long bond has started to turn up, and is now at a...
  6. Real Money

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

    SPY is the SPX ETF, ES is the futures, and then you need the SPX itself. In ThinkorSwim, the CBOE real-time cash index ticker is SPX. I don't really understand your question, it's kind of unclear. This link is the full size institutional contract. I'm not even sure how you would trade it...
  7. Real Money

    Safe to go short?

    Nothing is ever safe.
  8. Real Money

    ITM or OTM Calls?

    I heard spreads on ITM calls get wider the deeper you go....seemed like bad news for my strategy at the time. (cash settled index options)
  9. Real Money

    Day trading a suckers game?

    Trading a 50k account would be something a seasoned professional who has just blown out a real account would do. They will trade aggressively and try to get it over 150k ASAP. If you've never traded, you're not a pro, or you don't know how to make big bets on rate futures in the treasury...
  10. Real Money

    Trading is easy

    El OchoChino. I agree with many of your points. If a guy makes a few grand in a month, and thinks they are killing it it, that is sad. I will actually add to this... You can trade chump change your whole life and never get anywhere. Better to make money both in and outside of markets...
  11. Real Money

    Trading is easy

    Modern day traders trade rate spreads and rate and index futures outright. Can make 3k in one trade. Just because retards and academics try to pigeon hole 'daytraders' into a group of idiots punting on runner watchlists doesn't mean shit. Just shows how clueless people are. Any real...
  12. Real Money

    Best Advice You Could Give A Beginner?

    Price action, or just "action" is a way of analyzing charts visually without indicators. It's like a language in itself. I'll give a few examples. "longs putting pressure on short spec..." "forced short covering getting sold off" "forcing longs out of the market" "accumulation" "sizing...
  13. Real Money

    Poll: Is understanding options easy?

    Pricing them is the hard part. The theoretical valuation of them, and all of the various ways to spread and combine them across strikes and expiries makes this subject deep. Also, to have an intuitive feel for how the various spreads will behave under different scenarios in the underlying, and...
  14. Real Money

    Intra day ES statistics

    Here is an idea for you guys. Have you ever considered that ES is reacting to price vs indicator differentials on other instruments or spreads of instruments? What if, for example, ES stops were tied to a differential of indexes or a rate spread vs some denoising factor derived from the spread...
  15. Real Money

    Rate futures symbol names for IB TWS API

    I can't figure out how to request rate futures api data.... "No security definition has been found for the request" Can IB's symbol data info really be this bad? For example: when trying to get the ultra bond rate symbol the IB symbol data says UB MAR 20 and this doesn't work. Does anybody...
  16. Real Money

    Day trading a suckers game?

    This is one of the coolest things about trading. It can free you from the 9-5 slave system. Some people aren't just in it for the riches...
  17. Real Money

    Who or what pays (receives) interest on higher (lower) interest rate currencies?

    Asymmetric information is built into forex. Start with the basics. Who wants me (as a retail trader) to trade this market? Why do they want me to trade it? How much risk do I have to assume to try to make money (in a day, a week, a month)? Can I hedge off some of the risk and just take a slice...
  18. Real Money

    Where I'm at

    I meant that the market pulled back from its previous highs three times. The market is designed to take money from low yield low risk assets and bring it to high yield higher risk assets in order to fund economic activity (as long as economic activity has good prospects). So, you should get...
  19. Real Money

    Where I'm at

    Sure, equities had sold off three times from the highs, emerging markets had gone bearish, ECB was printing like mad (negative yields on bunds) and the dollar index was rallying. This means a rotation of funds back into the US, robust FX flows, and bullish fundamentals for bond markets. All...
Back
Top