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  1. O

    Some observations on scalping Crude

    LOL. Depends on how far in the 60s you are. I'll be 62 in latter June. I automatically assume I'm older than anyone postingat ET. OldTrader
  2. O

    "IB NOT a TRUE real time data source!"

    Here's what you said in one of your earlier posts: Sounds like the data feed has everything to do with your trading. Perhaps you could clarify the seeming contradiction in your two statements. OldTrader
  3. O

    "IB NOT a TRUE real time data source!"

    I agree...2 points is not that big of deal for accurate data. But I notice you don't mention how accurate it is when your data provider is lagging. LOL. Either way, I don't care what you use...makes absolutely no difference to me. But my guess is that you THINK you need the "accuracy"...
  4. O

    "IB NOT a TRUE real time data source!"

    I think I already acknowledged the type of data feed IB provided. But hey, you're welcome to continue to make the point. But while you're at it, you might go on to make the point in fairness that most (if not all) of the so-called "real time data feeds" are not real time when the volume is...
  5. O

    Interactive Brokers

    Not sure what you would expect anyone who has not seen the site to say. I have not seen it, or heard of it, personally. However, if as you say, IB is aware of the site, then what is there to talk about? They will act as the see appropriate. On the other hand, if there is a chance they would...
  6. O

    "IB NOT a TRUE real time data source!"

    You're certainly entitled to your views osorico. And I am sorry to have lost your respect for having expressed my own views. But as a long time trader (nearly 40 years), I hold the view that one doesn't need each and every tick to be successful at trading. Do you really think a guy like...
  7. O

    1-2 ES points a day

    Absolutely correct. Using leverage increases the potential return. But for the purpose of deciding what is reasonable (and I think that was the point of this thread), using the total contract value is quite helpful. In other words, trading $75,000 worth of stock (the approximate value of an...
  8. O

    Why does CNBC quote NAR economists?

    One thing that could be said, is that having the "rosy outlook" has been the profitable outlook most of the time in our history, in both the stock market and the real estate market. Think about it...we're at record highs now in most stock market indices. The real estate market has had almost...
  9. O

    Common rollover date on CL?

    So if there is a $1.50 difference between contracts on your rollover date, you shift all of your back data up $1.50? Interesting idea, but of course it goes without saying that it puts $1.50 inaccuracy into your back data, since no trades were actually made $1.50 higher. Personally I don't...
  10. O

    "IB NOT a TRUE real time data source!"

    IB takes a "snapshot" of the trades every 200 milliseconds, which is every 1/5 of a second. The odds of this system "missing" the exact high or low ALL of the time are extremely low. However, it is true that EVERY tick is not sent under this system, so that a couple of things could be said...
  11. O

    Common rollover date on CL?

    I'd highly recommend you read the NYMEX website for the specifications of the crude oil contract. From the website: "Trading terminates at the close of business on the third business day prior to the 25th calendar day of the month preceding the delivery month." OldTrader
  12. O

    Some observations on scalping Crude

    Interesting. It doesn't surprise me that you do better pre-market. I think it has to do with the number of ticks you scalp. During RTH, I think it would be nearly impossible to control your risk on that tight of parameter. I think the market RTH can move 10 ticks for next to no reason at...
  13. O

    Do I smell spread traders getting smoked?

    Yeah, maybe it's just as simple as this Bloomberg statement. But after reading Bloomberg for quite a while, experience tells me Bloomberg almost always has it wrong. If this spread goes the other way tomorrow, they'll be talking about Nigeria...and you won't hear anything about Cushing...
  14. O

    Interactive Brokers: STP With 1 Week Notice?

    Yes, that's correct. OldTrader
  15. O

    Interactive Brokers: STP With 1 Week Notice?

    You can't be too surprised at this deadline unless you are just plain blind, deaf, or dumb. My guess is the latter. There have been other threads here for months. To include one dated 5/15 here about the roll out for financial advisors. That aside, your main complaint appears to be the...
  16. O

    Is Trading Effortless?

    I think you will find that most things are what you think they are, what you feel them to be. Very good post. "Simply watching stocks trade everyday for 6.5 hours" is how I would suggest people learn. It's how I got started. In fact, it's what I still do today....I watch the markets all...
  17. O

    Some observations on scalping Crude

    Another good call. Congrats. OldTrader
  18. O

    "IB NOT a TRUE real time data source!"

    I guess what you're saying is that tick or two made all the difference huh? LOL!!! OldTrader
  19. O

    Ron Paul supporters very active on internet.

    Yeah...I'm getting the picture. Personal attacks seem to be his specialty. Thanks for the comment. OldTrader
  20. O

    Ron Paul supporters very active on internet.

    Look dumbass. So what you called a "real estate bubble"? Could anyone have possibly have made a dime on it? Absolutely not. Why? Because prices continued to rally SUBSTANTIALLY AFTER you called it. In fact, my guess is if I had to I could go back prior to that and find out that you called...
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