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This is like asking food favorite by country. Seems like it should cover what you need to know, but in actuality is too generic, too many variations, and too many implementations to be usable. To answer the OP's question, start by marking down ALL the relevant data points for a setup...

That is a quote of Socrates. "Man is the measure of all things". Purportedly, telling his students, they have to think for themselves, evaluate, measure, consider and figure it out as they are the final decision maker.

Here is a thought for those on the journey. "Making money is much easier if you are an a$$Hole". "Doing it without being a jerk is the real deal." Consider being that jerk, ruthless, all about my goals, etc for 10-20 years. What type of person, well practiced and rewarded for your...

Ah, thought I deleted that part of the post (note the left over typo). Generally, if it does not directly relate to trading, it is considered "wasting time" wrt trading. IMO there is so much to do when getting started, watching video "analogies", is a waste of time. BUT, this is my opinion...

J.K. I would look at simple scripting tool to do your chart analysis. Looking at charts all day is OK but it is limited and should just be a starting point. Many platforms have it built in. If you can script the patterns you are looking for, it is far better to have a program find "all...

I use the IB Time of sales. In there you can filter the trades. Set the filter to a size you desire. On ordinary days over 50 is a "significant" trade. Be aware, there are many algos that are used to break up orders into smaller sizes. When they don't try to hide the 1000 contract blocks...

Not news. Everyone and their cousin is looking at the (3300- 3500) 200 week MA as a place to put the Algo triggers. Or more accurately, looking where others have their triggers. Once the larger players make a move others will follow suit. If you follow the ES block trades > 1000, you can...

Everyone is looking at the (3300- 3500) 200 week MA as a place to put the Algo triggers. Or more accurately, looking where others have their triggers. Once the larger players make a move others will follow suit. If you follow the ES block trades > 1000, you can see the dominos fall in real...

Too many people think there are an "internet" expert is the real issue, imo. If critical thinking, were a muscle, most people think they are WWF champs, but are actually atrophied, bed ridden, quadriplegics. If you are really interested, start with the classics. Aristotle or even Socrates...

Also many foreign loans are in USD. So as rates go up in USD, and you have to pay back in USD, it means the base local currently is under more pressure as people buy less USD with more local currency. AUD, CAD are your "commodity" currencies, CH, JPY, USD, and to a lesser extend Nor...

Definitely check the performance. Often the screens have a real world performance that is far below a normal screen. I had one that you could see the mouse move as tracers. Another one had to be set so low brightness in order to work for more than 20 minutes, that I could not really see...

Yes, the 200day is an important MA for many reasons as stated above. However, if you use a weekly and adjust the input to make it a 200 day, it will be slightly different. Likewise, the exponential and the simple differ slightly also, about the same amount of "slack". As a matter of...

And people who have put in the work and are making profits, don't bother posting to start with. There are so many other things to do besides pat oneself on the back.

I would use the CME Currency Pairs. Regulated, liquid and easy to hold, option or roll over. Hope that helps.

Also know there are: Initial bond: required to open a trade. Maintenance bond: required to keep a trade going, Overnight bond: required to hold overnight when regular trading ends. Initial Overnight: required to open a position outside regular trading hours. If the account does not meet any...

I got the MSI GE76, an i9. It is a 17" 2K monitor laptop that fits into a 15" Pelican case. Super solid build. But the smartest thing I did was get a Pelican case. I was always getting chips and damage with soft cases. My previous machine was 4 years of travel in a Pelican case, and it...

Basket Trader in TWS is what I used. Easy to manage when doing more than a couple instruments. Although not that automated, it does provide an easy way to submit all of them quickly and also a way to close them all out at once.

Actually, the answer is MAYBE. Once you have a rule-based system, you will have several, dozens. Then the question becomes which ones to run, for how long, with which parameters, and why. You do not have infinite capital nor infinite computing time. So in this sense you are pushing the...

Don't know, But I did have several Bank CD go under. To my amazement, the next day, by close of business, they FDIC had deposited the money into my account. That is faster than any bank or brokers transaction that I have ever had. I would assume that it depends upon the load the SPIC has...

Usually you want some sort of back testing solution, right? So along with that, you get to use the libraries that they supply. I suggest this route to proto-type and test, then after proven, tested and traded, you move to a pure code-api solution. BTW: as an ex test manager, I looked at NT's...