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And what is that decision based on then?

I don't believe in discretionary trading (gut feel). And neither should you. :)

Thanks to both of you. Cool. Mind sharing how you use it or what kind of data you find of interest? Seeing the price I think I'm going to get it regardless. It seems to be right down my alley, so I'm sure I'll find some value in it for 30 bucks.

Hello, I think I first heard about this publication from Marty Schwartz, but I simply forgot about it until recently. Since I utilize statistical data myself and trade the S&P500 (ES), I think I might find it interesting and possibly also get some new ideas for further research? Anyone...

I'm sure most here didn't. ET is basically the same people posting the same thing over and over again 24/7. Even during market hours. :)

Here's my recommendation: 1. Get a high paid JOB in whatever field you find interesting and invest the proceeds in a passive index fund or learn investing. 2. If you already have a decent job, put in more hours per week and invest the additional money. You will probably not make it as a...

There's plenty of people who will teach and mentor you who are not successfull themselves. ET has them in rich abundance. So, whenever someone is only too eager to teach you, even if it's FREE, you can assume that 9 times out of 10 they're not successful themselves and thus have no business...

1. Are markets 'messy'? 2. If so, is there any proof (charts for comparison or other data) that they are more 'messy' post -HFT versus pre-HFT?

Are you a successful trader?

You said it had no value whatsoever. Fairly ignorant statement. I didn't say it was worthless; I said it was very, very overrated. Sure, if you use volume in some kind of supplemental role, fine, but since it's very, very important, how do you utilize it in your trading then?

Even fewer know how to read price without charts. Common ET myth. Very, very overrated. Never day trade unless you have a proven methodology and know what you're doing. Personally, I think ET is for entertainment and mostly a waste of time. Also, I don't think it's likely to find any...

Wrong. I know for a fact that days and patterns repeat themselves. It's pretty much the same type of days (among a wide variety) over and over again.

IQ Feed + QCollector. I think you can possibly export data using Ninjatrader as well.

This time around, it took four days until we were back in the range of the day prior to the gap. Almost closed the gap as well. So, for those who like remembering, please remember this the next time the market's gap down by 100 points. It's not the end of the world. :)

@conduit Sure. The gap on Friday was due to Brexit. The market still trades technically, though. It's just that the magnitude and volatility is greater than usual. Friday was nothing new.

Actually, the last time the market had a similar gap down (100 points on 24th of August last year), the gap was closed 3 days after with preceding days low being higher than the low on the 24th. This is however not a call that something similar will happen, but I'm bringing attention to the...

Of course. There's several. The last one was on the 24th of August 2015. Gap down 99 points. Down another 40 points or so before reversing and almost closing by EOD.

A very normal and routine move in the ES. Nothing out of the ordinary.

So, you feel that ES is manipulated? What is this feeling based on and why is it getting stronger? Seems like it's just a feeling, yes?

People continuously shorting shallow retraces in an uptrend would be another example. Regardless, I don't think this type of reasoning will do you any good as it's more concerned with the why and not the how, which is what matters. Further, you'll find that flipping a coin is just as good...