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You’ve answered your own question quite frankly. Yes - there are successful scalpers. IMO it’s a more difficult path than swing trading for mere mortals. Made worse by retail cost structures. If you can learn to swing trade consistently it also opens up a world of possibilities for leverage...

If that's all a person needs - lease TT on a per trade basis if you're trading futures. TT does a volume at price histogram better than anybody when it comes to futures. You can even choose to include (or not) implied trades.

How well an auction is received in the market is an indicator of sorts for how receptive institutional buyers are for a particular yield and issue. It's important to remember that certain institutional investors - namely insurance companies and some pensions are required to place a certain...

Make sure that whatever "market footprint" vendor you go to is on a month-to-month subscription basis that you can cancel easily - because "footprint" data cannot filter out crossed orders and spoofing (which is rampant in modern electronic markets). What you think you see, or what someone is...

Caution is in order with the Elliott Wave Count and other cyclical count indicators... if you used it the past eleven years with the stock market - specifically the exhaustion wave; you got smoked.

Yes. Of course. As a side note there are basically two ET nics who follow my posts and disagree with whatever I post.

Distilled Truthism

It’s a smaller trading range with less noise - but the reduced capitalization requirements allows you to LEVER THE PISS OUT OF IT BTW - the exchange supported spreads have WAY more size on the bid/ask and DOM as compared to flat price. On CL best bid/offer may be 10x15 - but the CL...

If you use a legacy TT product like AutoSpreader you get routed through Aurora; the current suite of TT Algo gets routed directly from TT’s Evanston server farm. DRW and Jump and Geneva have no such routing. Yes - CME’s internal order matching engine throttles everyone in terms of...

You bear witness to the very definition of portable ALPHA returns. Which is the only real reason that institutional investors consider Hedge Funds. You’ve seen the light !

Yes, IB has had a basket spread trading tool for quite some time. For a reason. Just to drop a hint - if you clear an Investment Bank; they feature and promote OMNIBUS accounts where their own risk managers assign internal margin credits for single name stocks vs ETFs vs futures vs Swaps vs...

You’re right - you don’t get margin credits for ETFs. But quite honestly I have seen clients make very impressive gains spreading them. The idea is to buy the STAR in the corresponding ETF or conversely short the DOG in the corresponding ETF as a spread. It’s a wonderful swing trade and if...

Well, there is always quite a bit of rotation from big commercials and institutional investors into and out of sectors: large caps, mid caps, small caps, tech, industrials, consumer products, entertainment, banking/financials, utilities... and so on and so on. And that's where you get your...

That person I mentioned was not a client - he is an ET Member who was looking for advice. And I am quite familiar with re-quote latency issues for hedge orders.

Which shows you know nothing about CME and Euronext/ICE member proprietary futures trading firms. They aren't allowed to risk employee capital - only firm capital. And they don't allow "pretty much anyone" to risk firm capital. Quite the opposite in fact.

I've consulted for two very well known names in proprietary trading that do exactly that with ETF's using HFT. (NDA's prevents me from naming names) And they take them all. They do not allow spreads on very highly correlated products to widen. When it comes to ETF's I think that the really...

Let's put it this way: as I type this I can pull up two order books side-by-side in TT. Real time. Because I trade. Anything I (or you) can plot or backtest using CQG or CME or Bloomberg data will not replicate the on-the-run bid/ask differential between two products.

No, I am referring specifically to Bloomberg Time & Sales. Exactly what I typed. This hunt for a legitimate arbitrage that you can exploit on a retail level will be fruitless, btw. Your back testing will show promise because all back testing shows promise; but your data is flawed and your...

All of these mentioned tools are only good for screening potential arbitrage candidates. With the possible exception of the incorporation of Bloomberg Time & Sales data - your back test results will be contaminated by artifact tic prints. From my experience, you will need to have the actual...

https://www.etftrends.com/tactical-investing-channel/europe-bank-etf-could-see-even-more-downside/ Europe Bank ETF Could See Even More Downside While the headline does not refer to a domestic ETF holding bank stocks, the iShares MSCI Europe Financials ETF (NASDAQ: EUFN), which provides a...