ES Journal - 2013

[ammo]

Quote from ammo:

reduce 13(-2 3/8)

add 16 avg 12.8

 

[NoDoji]

Quote from volente_00:

There are algos designed to raid stops.
Such as the one from Sunday evening
This is why you will often see Es run to 2 to 3 points over or under the previous range or resistance/support levels before reverting back to the mean
This is why a lot times you will find yourself stopped at the low or high tick of using a tight stop.

I understand that anyone can expect a lot of stops to be within a few ticks of key levels (range extremes, round numbers, triangle shelves/floors, etc.) but I'm more interested in knowing if any entity knows exactly how many stops at a given price will initiate a new position and how many will close out an existing one.

 

[ammo]

Quote from NoDoji:

I understand that anyone can expect a lot of stops to be within a few ticks of key levels (range extremes, round numbers, triangle shelves/floors, etc.) but I'm more interested in knowing if any entity knows exactly how many stops at a given price will initiate a new position and how many will close out an existing one.

if the info is out there and you can make a buck on it, what do you think

 

[ammo]

http://money.cnn.com/1999/01/07/deals/etrade/

 

[mastacoli71]

Quote from NoDoji:

I understand that anyone can expect a lot of stops to be within a few ticks of key levels (range extremes, round numbers, triangle shelves/floors, etc.) but I'm more interested in knowing if any entity knows exactly how many stops at a given price will initiate a new position and how many will close out an existing one.

I've heard mkt makers can see stops. It is anyone's guess if they are establishing a new position or not.

 

[NoDoji]

Quote from mastacoli71:

I've heard mkt makers can see stops. It is anyone's guess if they are establishing a new position or not.

I've found that despite placing my stops at the most obvious levels on every trade, I'm only stopped out near the high/low tick of a price turn a tiny % of the time. Anyone unfamiliar with how to identify and trade ranges and chop zones properly will find themselves constantly stopped out this way.

 

[ammo]

Quote from NoDoji:

I've found that despite placing my stops at the most obvious levels on every trade, I'm only stopped out near the high/low tick of a price turn a tiny % of the time. Anyone unfamiliar with how to identify and trade ranges and chop zones properly will find themselves constantly stopped out this way.

my guess is the majority of people using stops are hit, another guess is that most traders wATCHING the mrkt,actively trading are stopping themselves out without stops,only having worst case scenario stops away from the market, they are a pain and a mental handicap, in other words all newbs are using stops and setting up a shopping spree for the hft and algos

 

[bigsnack]

Quote from ammo:

my guess is the majority of people using stops are hit, another guess is that most traders wATCHING the mrkt,actively trading are stopping themselves out without stops,only having worst case scenario stops away from the market, they are a pain and a mental handicap, in other words all newbs are using stops and setting up a shopping spree for the hft and algos

This +1000.

 

[ammo]

Quote from ammo:

add 16 avg 12.8

add 17.25,... avg 1813.5 add 19...avg 14.25 07 bid for reduce

 

[murrica]

Asking Russell futs 1146.6 on -1.

Got ribeye's from costco, grilling them later after doing some last minute holiday gift shopping. Mmm.

edit: moved to 1146.7