Search results

This is what I'm going through currently. After I had experience trading live, then I treated the sim like real money. And I 100% have all of the emotional swings of real money. If someone can't figure out how to treat the sim like real money, they are in for some extremely expensive education...

My method was I had an initial entry that I got in when ES dipped on the open on Thurs and got rejected from a volume node from the ETH. I had 5 lots MES with a 5 lot stop below the low. Then once it had gone my way enough to convince me that I was right and the low was in, I was looking to add...

Thanks guys, I think there was some great points made here. Actually had one of my best trades in ES on Thurs by adding to a winner. :)

I think this is very true and why I made the comment earlier that perhaps it depends on the level of noise on your time frame. On a swing time frame there is much less noise and moves are cleaner. Intraday it's crap and within those daily candles of a winning breakout there could be several...

Did you take that trade? I took a long there on the open but I just scalped it. Where would your stop move to after those adds? It could dip below those consolidations and rip back up to a higher high, so you would still be right on the bigger picture but stopped on the add. Also it's very rare...

LOL if we *knew* it was going to keep going up we'd be all in on full margin ;)

Curious, which markets do you trade? I have a theory that adding to winners is more valid for thinner, momentum style markets like GC or CL, momo stocks like TSLA, tech stocks.. but in a mean reverting market like ES I think it's less valid... more breakouts will fail so if you add on...

Hey Traders, hope you are doing well. I was wondering what you think about adding to winning trades and if you do this in your own trading. We all know the adage,"add to winners, cut losers short" but how and when do you add to a winning position? Of course, a 'winning position' is only...

Yea I hear ya, I don't come from the perspective that any one little piece of information creates alpha. I'm coming from the perspective that many different variables together allow me to reach a certain thesis. The tape is just one of them. And it's like i'm staring at this damn thing every...

Well man, all we ever do as traders comes down to an educated guess, it's all we got. The more information I can extrapolate from the tape will make me a better tape reader. You don't think identifying a hidden order is a valuable skill to a tape reader? I do.

so in your time and sales, do you see TRF listed as the exchange in the print? I only ever see ADFN in LS. also we should keep in mind that since the dark pool trades are delayed, its unlikely that they would be so close to the NBBO since it is constantly changing. these prints are often just...

That's funny. and crazy.. I'm sure they would go to even much greater lengths for a little edge

lol so wait, you're saying hedge funds track this to get an edge on how retail sales are doing?

very informative, LS does have a special window to display the sale conditions so I guess I'll try defining the rest of these terms, there's like 30 lol

So you're saying all of these prints are delayed prints or just the ADFN ones? how do you believe the BATS and ARCA prints occured above the offer in your picture? ARCA/BATS don't offer alternative exchanges as far as I know, so these should not be delayed as such.

interesting! So you believe these are mostly a latency/cross-quotation issue? It would make sense since I have multiple data subs for my lightspeed acct. However I do notice that a large number of these highlighted prints take place on ADFN exchange (a dark pool) and also, can come in large...

i'm not sure how this applies to the question

Hey guys! My time and sales window displays highlighted green/red prints, different from usual green/red prints which are ON the bid/ask.. these are defined as prints that take place "ABOVE the ask or BELOW the bid" I assume that these are dark pool orders right? because otherwise this would be...

wow, that is pretty neat. Have you used this feature in LS before? Like how long does the process take usually? I ask because I am a day trader and so time could be an issue..

hmm never heard of velocity capital, their website doesn't really look like a broker. I have heard of trade zero but they are an offshore broker, which are known to be sketchy.. apparently people have lost a lot of money using those types of brokers. I use TOS for charting, but yea I would...