Can Market Makers (bots) see your stop in ES/MES?

MarkBrown said:
there are pro's and mostly con's to every method of trading. you have to find what your pocket book and your mind can accept as terms of compatibility.

i have burned thru more money experimenting than goldman ever had a their peak of asset hoarding. i was glad to give money back to those whom i had taken it from (though most likely it didn't make it back exactly to who i took it from) this is the learning process. if you want to honestly know what is what you have to get comfortable with losing.

larry williams in a book once said you need to get use to betting, go to vegas and just get some experience betting with small chips get use to both winning and losing with real money. until you stop thinking about the money you will never win.
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Obviously the end goal is to make money. However, the focal point WHEN trading has to be the process one is using AND WHAT the market is doing. Am I executing? Am I doing WHAT I am supposed to do WHEN I am supposed to do it, HOW I am supposed to do it regardless of how I feel?
 
Support levels are not absolute. But if you did not put in the required training/study/reseqrch to find that out you should stick to your little gold. You are competing with armys of PHD's and other professionals, never forget that!
 
Trader Curt said:
Institutions and exchanges profit big from stop losses, let that sink in for a minute...
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I once used an anti stop-hunting software. It sends phony stop loss levels to the broker while my real stop is hidden (of course it becomes active when the market goes against me).

After a few months the broker somehow noticed this strange trading activity and kicked me out. :D

For some weird reason the software itself was discontinued and no longer works. Oh well.
 
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Tradex said:
I once used an anti stop-hunting software. It sends phony stop loss levels to the broker while my real stop is hidden (of course it becomes active when the market goes against me).

After a few months the broker somehow noticed this strange trading activity and kicked me out. :D

For some weird reason the software itself was discontinued and no longer work. Oh well.
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Honestly I think there is more profit to be made from just taking a bigger loss or holding, than there is from using a stop loss that has false triggers 75% of the time. Id rather have one 10% loss than have a false stop 10 times at 1%...
 
Trader Curt said:
. Id rather have one 10% loss than have a false stop 10 times at 1%
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Yes, if only for a psychological reason.

However, if the small stop loss is triggered that often then there is certainly a problem with the timing of the entry itself, and in that case the trading rules must be fine-tuned.
 
CME only supports stop-limit and stop-with-protection. Ordinary stops are simulated by the broker and don't make it to the exchange before being triggered. In TWS, working orders are green when native to the exchange, blue when simulated by IB. Other traders can't see orders simulated by the broker -- at least in a centralized market like futures. Payment for order flow (stocks) or trading against the house (forex) can change this but none of that is allowed in futures.
 
Tradex said:
Yes, if only for a psychological reason.

However, if the small stop loss is triggered that often then there is certainly a problem with the timing of the entry itself, and in that case the trading rules must be fine-tuned.
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I've tried, the markets I trade are extremely volatile. Basically you either have to have faith or you're out. There is no, "Oh if I just put a stop here I'll be safe!"
 
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