let's hope for ET's sake, he loses his money as quickly as possible, quits trading and never sets a foot on this website again so we get freed from these moronic threads. :D :cool:
on second thought, the 4H does not so much look like a triangle but more like a bull flag. Both contradictory things, let's hope for a quik breakout either way.
The end result is as CF likes to call it: a mess !
good morning, a bit confused here on the hourly, this looks like a bear flag to be forming, however on a bit bigger picture you can also see a triangle, so maybe this could still breakout to the upside
I think your last remark is very true, I personally too think I have no value to add in predicting future value so I allmost don't use options anymore; excpetions to this rule is when I have a clear directional view and don't want to risk to much and want to use some leverage, but these are...
I find this a very strange answer: if you want to buy 10 futures, you are instantanously filled, if you want to sell them they are filled too immediately. Bid and ask in something like euro is often in the hundreds.
If you are getting hit on your bid or ask too much in too short a timespan you just cancel all your prices. I could do this with the touch of one hotkey. (I had several others programmed to quickly adapt the price/ammount of bid or offer) It often happened so I did this three or four times a day.
it was however quite labor intensive: I send about 1000 quotes each day, I traded DIA-options, so I used the ym-futures too as a hedging vehicle to reduce my margin. You have to be able to short the underlying. However it was not scaleable: doing about 300-350 options each day was the maximum...