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Freeze the screen at 0:57 seconds -- it shows the LAST for April futs as 142. Remember that the Dukes (through Wilson) had opened with an aggressive BUY order. The rest of the wildebeasts :D keyed in on that, and bid the market from 102 to 142 over the next 50 seconds. Since it's an open, and...

While I should love 100% of any article that contains the sentence, "I'm sorry, Dave. I'm afraid I can't do that," I must object to two parts: Sure you can. Just the same as you program only legal trades, or only those that comport with margin requirements or trading hours or Authorized User...

:D !

...Or a pair of eyeballs. ...Or, using your eyeballs, you could mark off on a graph, the entries and exits of that contract per your pre-determined rules, compute gains and losses, and go from there. Labor intensive, but a year of EOD data will take you no more than an hour or two to chunk...

Errrr -- the chart IS an indicator. Japanese Candlesticks, price "bars", etc, ARE indicators. Even a chart of closing-price against a given time period still takes all the market info for that period and waits until whenever the last trade is printed, and then prints whatever that last value is...

It's a tar-baby artifact of history; nothing more. It's what the indicator was popularized with, and nobody has had the intestinal fortitude to change it -- either they don't use it themselves, or they're pussies. It absolutely, 100% does. Play with it yourself and see. I have found that to be...

I'm unsure on a lot of your terminology, and have zero idea of what your hold times were, but it *appears* that you bought and sold a lot of ITM supra-straddles (a $50 put against a $49 call) on the day of expiration, and then wondered about the whack on value that they lost through theta and...

You realize that there is a spectrum, don't you? And that you're at one end of it? Maybe like, Design The Market <===> Design The Day <====> Design The World So, your entries & exits are automated, but you have to monitor as long as your machine is on -- one end of the spectrum. ("Design The...

"...I doubt I was in a trade longer than 3 minutes. ...High volume, low mark-up -- that was the least-risky value proposition for my trades..." That was my intro to tick-scalping equities 12-13 years ago. Get in/get out/sleep like a baby... ...but then he mentioned that things got to where he...

What you need to do is already in your post. Take your own advice. Right now.

What does it mean? It means that markets were thin. That's about it. Well-traded markets ("liquid" markets) have a thinner bid-ask spread, have smooth transitions from one price to another, have individual price points populated in the order book, etc etc. Options-wise, strikes closer to the...

Couldn't help it. Well-thought-out, well-written questions do that to me......

Okay now, did you see what I did there? :cool: :D

I think you have to re-read the post to which you are replying. Not favoring a short trade does not make me a bull. Nor does it even make me anti-bear. It makes me unwilling to put capital in, either way, unless/until I discern a viable trade.

I gave this a "Like" until I realized that there was an "s" missing from the short-RTM expectation -- I don't carry that conviction. I respect the move, but not enough to lend a hand. Too much contradiction in market noise to ferret out the signal. ("For my tastes" at any rate...:cool:) Nice...

Hey -- he's got one thing right: that's a screen of IB's/TWS "Daily Lineup" in the background -- so, props in platform choice, props in acct(s) mgt choice, props in tax_profile choice... But seriously -- if he were just a *little* bit lucky, why couldn't he wrangle some size-related edge from a...

The truth of the markets is as simple as a series of data where the value of obs{n} = obs{n-1} + [N(µ,σ)random_component]... If you graph that on a spreadsheet, you'll come out with something that looks much like a financial market. • notice that the starting value is yesterday's actual. •...

One-word response: "Niiiiiice." :thumbsup::thumbsup::thumbsup: Two-word response: "Great summary." :D

Not being on The Facebook, I have missed that part..... But I get postcards whenever they're coming to town to sign up new victims, and I try to visit their dog&pony show when I can -- I like the mental gymnastics of trying to spot the first instances of bad logic/methods or over-reaching...