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  1. tommcginnis

    Is this the return of tick scalping in the ES?!?!?!

    And now, it's gone. Right about the time I posted, the wicks went away (on top and on bottom), and the ATR is below 0.50. Fuggit.:(
  2. tommcginnis

    Is this the return of tick scalping in the ES?!?!?!

    1) for the second day I am seeing "hairy" candles on the 1-minute chart -- wicks on top and on bottom. 2) in the meantime, the ATR is still maintaining an average below 1.0 pts for the 6-minute SMA. 3) in the mean-meantime (the mean²time??), the cyclic movements just *so* match the ("tuned")...
  3. tommcginnis

    I have never met a successful trend follower

    I breathe air. But I'm not going to debate anybody about it. :cool:
  4. tommcginnis

    Equity Trader Alert #2018 - 3 Nasdaq to Implement the Midpoint Extended Life Order

    I agree with your greater point, but I don't think it'd apply in this case -- no different than Mkt/Limit/Mid orders .....
  5. tommcginnis

    TOS limited Nat Gas Options to first 3 months: Need Recommendation

    I'm recalling somebody here on ET (during Calendar 2017?!?) noting that IB (I THINK) had some ferocious, way-out-of-regulatory-norms margin on NG or CL or something similar... (Copper?!?) They inquired of IB as to why, and the answer was along the lines of "No liquidity; big-fat margin." So...
  6. tommcginnis

    Equity Trader Alert #2018 - 3 Nasdaq to Implement the Midpoint Extended Life Order

    HA! Hilarious. Instead of a "Dark Pool", NASDAQ responds with a "More Light" Pool..... Good for them. I'll bet it gets business, too -- all of the higher price-elastic buyers+sellers, who don't mind an order hanging out a while.... Would be interesting to see when those Mello quotes are inside...
  7. tommcginnis

    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    :mad:Ooooo-ooo!!!:mad: I'm gonna contest this! YES I AM. Yep!!!:mad: I am!!!!!:( I *swear* it!!! :confused: As soon as I can find how it's wrong.:wtf: ((Damn.:rolleyes:)) If I wrote: "Ease! Guarantees! Freebies!" I wonder if I would start a revolution. Dammmmmmn. :cool:
  8. tommcginnis

    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    The original threesome from Locke was "Life, Liberty, Property." Look up why the U.S. Founding Fathers changed that to Life, Liberty, & the Pursuit of Happiness" and you'll understand a good deal more.
  9. tommcginnis

    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    "Consumer Sovereignty" -- I wonder if Smith coined the term? Huh. He certainly describes it nicely.
  10. tommcginnis

    where is the volatility for spx?

    Here's a fresh one: (Ignore the highlited oval.) While this graph is only 3 months long, the basic character of vol (blue) against IV (light-blue) depicted on the bottom holds for a good amount of time going back. There are occasional crosses (as makes sense, in a Black Swan world), but for...
  11. tommcginnis

    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    "Beer is proof that God loves Man, and wishes him to be Happy." Ben Franklin. Have one. :thumbsup:
  12. tommcginnis

    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    WOW. For as much as I've read on these two, and classic Political Economy in general, I don't recall having come across any direct discussion between the two. (If it's back there in my memory, it never got the mental highlight that it deserved, upon reading this in 2018). Thank you so much for...
  13. tommcginnis

    Good work, bad work, no work

    Option 3 is also Quiet Adaptation: https://en.wikipedia.org/wiki/The_Te_of_Piglet As a regulatory economist/expert witness for a good chunk of my professional life, I learned too slowly that doing Great Work (to stick out, y'know -- cuz the world *is* a meritocracy, right?!?!) would, as our...
  14. tommcginnis

    buying two strike price calls on the same stock/date... does anybody do this?

    1) It's a free country. 2) PLEASE don't work with live money, without first taking a goodly 6 months of options-oriented learning and heavy-screen paper trading. There are LOTS of fine resources available, FOR FREE.
  15. tommcginnis

    Noob VIX Futures Options Questions

    The catch is, there was no Free Money in the first place. But you don't learn that until you try to pick up the shattered pieces of your trade, *and*possibly* your account, in the aftermath of what you just wrote you expect to come. Think about buying a VIX butterfly: your debit will cap your...
  16. tommcginnis

    dead head traders

    Once in a while you get shown The Light in the strangest of places. (If you look at it right.)
  17. tommcginnis

    Noob VIX Futures Options Questions

    So how many times *have* you played/lost at Russian Roulette?? o_O
  18. tommcginnis

    dead head traders

    No, The Dead equate The Dead with libertarianism. And there's no "may have" about it. Capeche? Comprendé? We good 'ere? :cool: (And, by the way, it's no secret, nor hidden away anywhere sacred, that The Dead were not about songs OR lyrics (which they often forgot or "miss-"ordered). The...
  19. tommcginnis

    So this was like trading in the late 90s?

    No. It's a career to ferret out truth from data. It's simple. It's professional. It's not (as per your "source") a glib relationship to pretended knowledge from sources that can't be reproduced. "Ooop!":wtf: Don't post what you can't back up.
  20. tommcginnis

    Amazing. I’ve tried to give away my methodology...

    Ohhhhh, I was just being cranky. (And I appreciate the chuckles y'all threw in there, but...) The thing is, "you gotta prove..." was *not*at*all* what the thread was about! One guy gets on, sez: "I can't *believe* how hard it is, to pass on this workable formula...." He wasn't trying to sell it...
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