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Every instrument is different. Context(price action) matters. SMB has some excellent videos on using DOM for stocks IN PLAY. So does MadAzMoney. I don’t think it works for liquid futures anymore, but I don’t trade them (probably for that reason).

It’s coming ... will post once it’s official.

Right, because the brokers always have their sh*t under control. Again, I am not arguing against any individual and their practices. The best automated traders that I have come across do not have their systems run without constant monitoring. That being said, I am on vacation, laying on the...

Since I day trade stocks, I want to know how my peers trade them. So VWAP became popular and I see it used at firms like SMB (they also use anchored vwap which makes more logical sense). I don’t think it has any real meaning in institutional order flow nowadays, but all I need is a level that is...

Sure you can if you have to. You can trade out of position manually, call broker, hedge, etc. I am sure you got a handle on what you are doing, so this is just for the sake of the discussion.

I meant position(s) size relative to your total account size. Are you reducing size when you know you cannot have access to the system to repair damage?

Right, that was my understanding of OP’s point. You can fully automate, but you may not leave it unattended. All your risk controls are useless if you cannot get market data or send/cancel orders. So my solution to this is to trade smaller size so that no matter what happens, I should be able...

I agree with this. You need to be monitoring all the time if you are trading full size. Things can get out of hands quickly.

I don’t trade options this way, but my thought is that if you can day trade this way profitably, you should have no problem day trading QQQ itself once you have enough capital. This may be a great way to practice with limited risk.

If you never hold overnight, why are you not trading the closest expiration?

What percent did you use per side?

What is the point of back testing? Obviously this strategy traded without taking context into consideration and with meaningful size is blow up waiting to happen. Couldn’t this be said about any premium selling strategy? Looks like many people here like butterflies. I don’t understand what the...

There’s appears to be no shortage of clients chasing these kind of returns https://finance.yahoo.com/news/crypto-kid-had-23-000-120000170.html

Depends on what you are using it for I guess. As long as off-exchange trades are reported real-time, still useful gouge of immediate activity. But things are not as obvious as they used to be when you could count volume traded on the bid vs volume traded on the ask.

What are “tedious stuff” with Swing Trading?

I both agree and disagree. One can loose a lot of money in a bull market or make a lot in a bear market. I have been thinking a lot about this after 2020 was over. I rated myself at 50/50 - half skill and half bull market. My goal for 2021 is to improve that to at least 70% skill - taking the...

I don’t know, but my guess is that IB sends it to some dark pool. Does it show where it filled?

What do you mean “cheaper”?

Ah, understood. Good printing to you then.

Well, sure, when they are pass-through entities. I am asking how to pay flat Corp tax AND avoid double taxation. @BMK, any suggestions?