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I don't see that data as an available tool on the platform I'm using but that's interesting info, thanks. You said you don't want to see the low taken out by more than 10-15 ticks, what do you think is a meaningful way to calculate that amount on other markets? A certain fraction of the...

I want to enter a market when it bounces off a support level. For example, let's say that support in ES is at 2000 and the current price is 2005. I want to see the market trade down to 2000 and no more than x ticks below it and then go long once the market trades x ticks above 2000. What is...

If the account never has a margin deficit, then the risk is just against the funds deposited.

If only 5 or 10% is being used to cover margin requirements, why even bother with the $10 MM figure? Seems arbitrary. That's a 200% gain to me.

That's a good point about strategy scalability but I still wouldn't think there would be such a large difference in the return.

I don't understand what kinds of annual returns are realistic for trading futures or equities with leverage. I work for a brokerage firm and I've come across several accounts of traders who made 100-300% on their money for several consecutive years with only a few losing months here and there...

If I want to buy when it bounces off a support level, what data can I use to quantify how far above and below that support level I'd still consider that support level to be valid? There is bound to be some margin above and below that level where it would still make sense to enter. What is a...

Other than overnight gaps or trading halts, are there any circumstances in which a resting limit order (one that is not filled immediately upon placement) can be filled at a better price than the limit price? If so, what are those circumstances?

I'm 32, I have an economics degree from the U of Illinois with no formal training in programming, I just have a passing in interest in it (self-taught in basic HTML and my company's proprietary programming language for automation). I have 4 years of experience working at a futures/forex trade...

Thanks so much, that's exactly what I was looking for.

I noticed that intraday charts on any futures product have a "last trade" price at the close that is different from what ends up being the settlement price shown on a daily chart. Does anyone know how the exchange calculates or comes up with this settlement price? Thanks in advance.

Not sure what you're talking about here, my job is all electronic trading, it wouldn't exist without it. We're an online brokerage firm. My friend has a job at a hedge fund executing orders for a gray box type of strategy that they use. We have similar roles, I'm just executing orders for...

You would need licenses like the Series 7 (equities), Series 3 (futures) and maybe the Series 34 (forex), depending on what products you're involved with. I believe the latter two do not require firm sponsorship, meaning you can study and take them on your own. I've been there for 4 years, I...

You don't seem to understand the question. Rehoboth offered some good insight, check his post out. Or, if you're interested in spewing lame, cliche trading mantras to people you perceive as novices, feel free to check out any of the posts from Mav88.

I'm not looking for trading advice, I'm asking about the mechanics of slippage. If I place a buy market order, the ask may tick up or down in that split second. If it's the same likelihood, why does slippage have a negative expectancy?

I'm getting sadder reading all of your posts. It depresses me so much that a person could be so hateful and negative.

Thanks for the mindless cliche. My question had to do with the mechanics of the market. It has nothing to do with making or losing money.

Mav88 just does the same thing in every single thread on this site, go back and look at his history. What a complete low life. You are a sad, angry person.

Another insult.

I agree that you should seek counseling. I've been reading through this guy's posts and all he does is insult people. I seriously urge you to step back and examine your life. Examine your priorities and decide if insulting people on the internet is really how you want to spend your time...