Search results

  1. J

    C++ API for Interactive Brokers??

    Java is not as slow as it was a couple of years ago. Due to just in time compilation and optimization most Java apps (JVM server mode) will run only slightly slower than a C++ app.
  2. J

    No Fantasy - ES Scalping Reality

    You didn't even bother to read the detailed commission and expense information Don Miller provides at the link I posted. He would have made good money even as a retail trader. Net Profits for the year 2008 $1,635,103 Cost savings of IOM membership $510,051 Net Profits (if retail trader)...
  3. J

    No Fantasy - ES Scalping Reality

    Nice trading for today. Better than I did. Can you sustain that performance day after day for a year?
  4. J

    No Fantasy - ES Scalping Reality

    I do not agree that the logic is flawed. I do agree that someone with a different short term trading style/strategy can do better on a per trade basis. The key factor is being able to sustain the performance of a trading style/strategy over long periods of time. 293,092 RTs divided by the 253...
  5. J

    No Fantasy - ES Scalping Reality

    Profitably scalping the ES is not easy. Don Miller is a professional ES trader, an IOM memeber (leases a seat) and an end of day trading blogger. In one of his blog posts Don has year end trading statistics for year end 2008...
  6. J

    1 ES point a day

    You have much to learn. How do you think you feel when your automated system starts losing money day after day? Is it just a losing streak or has your system strategy stopped working? Automated systems only remove trade by trade emotion, not bottom line emotion.
  7. J

    Inexpensive direct access

    Interactive Brokers. Low commissions and free basic data feed bundle. If you don't pay at least $30 a month in commissions they will only charge you a $10 a month inactive fee.
  8. J

    ES/NQ 10 Level DOM

    Any IB TWS users seeing 10 by 10 DOM for ES and NQ? I only see 5 by 5 using TWS build 894.4. YM and ZN give me 10 by 10 DOM.
  9. J

    Daytrading Broker

    Please take the time to reread IB's commission schedule. The charges for Non-Smart Routed API orders are greater than 0.005 per share. For Non-Smart Routed API orders: <=500 Shares USD 0.013 >500 Shares USD 0.008 Don't waste time trying to understand why IB does things a...
  10. J

    Pro NY trader goes from 200k salary down to 25k

    The WSJ article refers to Mr. Araya as a trader, but the reality is that he was not a trader, he was a floor broker filling customer orders. "He had a knack for the Merc job. He could gauge from the roar of traders' voices how the market was faring. He gained loyal clients, and was confident...
  11. J

    What do you think of this (bad) fill?

    You need to specify the exact time of the trades to get a proper answer. Just saying "pre market" is too wide a time frame. Looking at a chart I can see that at 02:11 EDT the YM had a 1 minute bar with a low of 8551 and high of 8606. And I can also see that at 03:11 EDT the YM had a 1...
  12. J

    leveraged ETFs vs. leveraged Mutual Funds

    Leveraged mutual funds that provide leveraged multiples of daily returns have the identical problem of leveraged ETFs. It is not actually decay, it is the simple mathematics of compounding positive and negative leveraged daily returns over time.
  13. J

    ES/NQ 10 Level DOM

    ES and NQ DOMs go to 10 levels starting Sunday 05/31/09. "Effective, May 31, 2009, CME Equities, MGEX and KCBT futures contracts traded on CME Globex® will be expanded to 10-deep books in the FIX/FAST format of market data. This implementation will affect all Quote Vendors, in that they must...
  14. J

    key...not sure what this means

    Go read KEY's SEC S-4 filing dated 2009-05-27. It has all the details.
  15. J

    NYSE Plans to Launch Stock-Index Contracts

    It is deja vu all over again. 30 years ago in 1979 the NYSE started the New York Futures Exchange (NYFE). We all know what a great success the NYFE is today.:D
  16. J

    Where can I find automated systems that never or no longer work?

    Futures Truth Magazine tracks many mechanical trading systems. Look at the worse ones that they follow and ask them about the ones they no longer follow. "We do offer private opinion letters and detailed reports on systems that we are currently tracking as well most that we no longer track."...
  17. J

    Boss Trading

    Found this about Boss Trading: David Hilkes’s Experience Commodities Trader, Partner Boss Trading, Gelber Group (Venture Capital & Private Equity industry) July 2005 — November 2008 (3 years 5 months) Co Founder and Co Owner of Boss Trading, a proprietary trading group within...
  18. J

    Eurodollar Futures

    "Theoretically, the highest it could go is 100, so downside is limited for those shorting." Bad assumption. You seem to have missed the announcement from the CME allowing Eurodollar option strike prices over par. "03/03/2009 CME Group has modified its options on Eurodollar futures to...
  19. J

    Velocity, TT and Ninja ?

    According to the Velocity website "Velocity only offers software that is molded onto the TT backbone, and have full functionality like Ninja Trader and Strategy Runner. If there were other software products out there that offered the same speed and stability, Velocity would offer it. " Best...
  20. J

    Many Trading Systems Down 5/21/09

    It is Ascension Day, they all went up to heaven.
Back
Top