Search results

Breakaway gaps & island gap reversals when the RVOL is spiking way over the long term avg by at least 4X can make for some great trade setups for day & swing traders - these gaps show sentiment at extremes - this is is a good way to get into the big parabolic moves that are highly directional-...

The only other country with such a large wealth inequality is Russia. We are at levels not seen since 1929, & we all know how that turned out Many billionaires, the Fed, economists, and those with common sense are concerned about this - after all, third world countries tend to have the ultra...

Check out the LIT (limit if touched), you can set it up to be sent after the open so as not to clobbered in a gap. https://www.interactivebrokers.co.uk/en/index.php?f=41477

Been going on for decades. Corporate welfare at the extremes - rob from the poor & middle class to feed the richest 1%ers that already own almost everything. The U.S. has long ago lost any real resemblance of a true democracy, we now have what is more like a banana republic with nukes.

A good chunk of people I know who got started trading early (think early to mid 20s) were trading their parent's retirement account. I'm not sure what parent thought that was a good idea - but they were clearly very wealthy to let their kid manage their money. The parents that spoil their kids...

I was 100% self supporting at 16 - having my own studio apartment & a full time job, and not because my family was poor - far from it. I find it shocking that anyone would expect their parents to fund their trading account. I even appreciate that my old man when he died had a fortune and left...

The Nikkie225 (Yen) has great liquidity, about 4 times of the ES this time of the night, and can make far larger price moves - the Nikkei is a breakout market. TheN22M (Yen/Osaka) trades over 1M contracts per day.

If there is a "holy grail" entry signal, this is probably it. More experienced traders knew this was the time to go all in. I recall Bush Jr. making a similar statement in the post 911 market which also saw the market lift off - most chip stocks doubled or trippled in the following months...

There is a legendary grain trader that was having million dollar days back in the 60's - he was still trading at 85. In his last interview he spoke about being a student of the market & still learning about himself as a trader. The hallmark of the great traders, always the student. Trading is...

Studies show that the U.S. consumers & farmers bares the brunt of Trumps stupid trade war. https://www.nola.com/news/2019/03/us-consumers-farmers-paying-for-trumps-trade-war-studies-show.html

Many people are incredibly stupid falling for scams that are not even remotely clever let alone sophisticated, like the India call centers pretending to be the IRS & persuading people to buy gift cards and read off the numbers to them - I mean seriously, this is Darwinian. And the aspiring or...

The super computers win the bid-ask spread (the tick), beyond that they are no longer in the mix. Trading costs are about 80% lower than the 90's and the strength of intra-day trends are as strong as they were in 1999 - here's the proof. Amazon 5 min ATR 10 & 100 4-1999 compared to current -...

I sure get the appeal of a tax haven but I also know first hand from living in Hawaii for a long time that very few people that tried to move to the islands lasted very long, Hawaii is a a lot easier to adjust to than PR and yet few stick around beyond 2 years due to culture shock & rock fever...

The vast majority will find PR appealing for the first few months - than culture shock kicks in and they all run back home. If you speak Spanish and are a hard core ocean sport type you may last about 2 years on avg in PR. I like Mexico, best of all worlds & easy transition from the U.S...

Let's look at Amazon's avg price rage from the same time of year in 1999 & compare to present. Right chart: AMZN 5min 4-23-2019, Left chart: AMZN 5min 4-23-1999 avg % chg 10 bars (orange) = 0.13% on both charts avg % chg 100 bars (gold) = 0.12% on both charts * no difference in avg intraday...

yea - I see TRF listed as the exchange. The point I was trying to make this is not something unique to only LS. Tradestation

I see this also using several different brokers - time and sales outside of the current NBBO. I am pretty sure these are off-exchange (dark pools or ATS) reporting trades that executed earlier. These trades are sent over Alternative Display Facility(ADF) or Trade Reporting Facility(TRF) under...

I use TS (Rel 10.14) as one one of my futures brokers. It has been fast, stable, & reliable with good support. Not to mention free market data & platform. There are probably faster platforms that may have more programming potential, although it may come with an expensive MRC & you will need...

Because the markets are much more interconnected these days - globalization & computer driven programs using the futures market to adjust in real-time to new data from the larger GDP countries. Big players typically buy & sell in baskets which have overseas instruments. Just like when we have...

Nothing new here - the overnight markets tack on a great deal of the stock index gains. This started to really pick up after the subprime crash. The global indexes are vastly in sync, the growth of futures trading makes the indexes in the U.S., Asia, & Europe a big feedback loop with any one...