Search results

BTW, why do you consider 53% to be bad? Is this some kind of r/r of 1:1?

If the market environment or context is not producing good results and you're certain it's not your methods, stop trading - the market is not conducive to your methodology. Accept it and be patient. Recognize that the current market is in a period of uncertainty in ways and violent moves up and...

All this talk of skyscrapers, skylines, pyramiding etc...

Alright well if you're profitable on 90% of your trades in paper trading and not when real trading - then what actually differs? The market doesn't know you're paper trading, so you need to identify what i actually changing. Are you closing trades early or otherwise monkeying around with things...

Here's where I'm coming from: Whenever I see those inverted cup and handle like formations where the most recent low is a lower low than the prior one (in this case, around the 9/30 super rally): I look for the 61.8% retrace (from that latest low to the last high) for a potential reversal...

Highly unlikely your paper trading is giving an accurate simulation of friction/spreads. I bet you're using TOS too - which is well known for being crap at simulated trading. On top of that, there's the emotional aspect - which you should determine if it's an actual problem or not.

Okay aside from realized and unrealized how about this: stop worrying about the P/L. P/L watching is completely hazardous to a trader's health and emotions. :-)

Mentally break out the "adding to a position" as "would it be sane to enter the trend here with a new trade?" If it is sane, then it's irrational to think adding to the position is something that should result in worse performance. To put it another way, if you had no position but were...

This is the point: by only targeting spoofers/anti-algo gamers they're enabling HFT/MMs to get by without having to adapt while the rest of the playing field is forced to adapt. "MMs are excluded from these regulations" or some nonsense along those lines.

When is it ever not screwy? I never touch that thing (or Lean Hogs).

Basically, the thing that should make you angry here, and which makes me angry, is that regulation is siding on the side of exchanges, HFTs, and MM entities in nearly all cases involving a situation where they get outplayed. While spoofers are kinda annoying during trading, they're the necessary...

It's considered illegal because it's chucked under the same realm as spoofing. Even spoofers have bonafide orders exposed to risk but "intent is not for the orders to execute." It's basically pro-algo/HFT/MM bullshit regulation. I'll see if I can find the story on the guy that got nailed for...

Not exactly true. If there were such strict 1:1 correlation even at shorter time periods (vs longer ones) then there'd probably be less opportunity to make any money on movement of the spread itself. Obviously if you have something with a 90% correlation over 2 years but with wildly varying...

Right, I had expected these to be orders that narrow the spread, but considered the remote possibility of the larger bid/asks dropping out and revealing just the 1 lots (which I don't think it is). Anyway, perhaps these could be orders trying to find the midpoint that market makers might...

It's not just him buddy, you're speaking out of your ass a lot and not realizing you're doing it. I suggest you check your ego in at the door lest the market teach you about that which you're ignorant about.

Important question: Are the bid/ask prices changing when the 1 lots show up?

Do your research dude. DDT is well known and respected here and is simply an introducing broker clearing Crossland/Wedbush. You choose the platform and feed you want to use and you go from there. e.g. Sierra Charts + CQG. This is how it works outside the walled garden of TOS/TD Ameritrade. If...

China, India, forget about it basically.

I actually do this - but with my trading crap running from a Windows 8 VM. It's quite convenient to switch back and forth between OSX and full screen Windows with ctrl-left/right and the VM performance hit is fairly negligible. It's like I'm using two computers.

Just open an account with a normal FCM like everyone else does. deepdiscounttrading.com for instance. Then enjoy your much better commission schedule and use NT with the Rithmic feed or switch to Sierra Chart. TOS is a not a dedicated futures trading platform.