I'm looking for a /ES mentor -and i'll give you half my profits for 2yrs.

[nyxtrader]

Why not...
This is going to be a very basic explanation. First you must think in terms of equilibrium. Meaning, if price fails to break out a particular side of a range, price is most likely going to the other side of that range. Now we must define those ranges. I have attached a chart for example. The first range (blue arrows). Price failed to hold below the 3140.50..So where is price most likely to go? 3204.25, then 3220..hopefully that makes sense. ..There were two candles high on the first was 3204.25 & 3220. Same goes for the candle with a orange arrow. Today we could not break down below 3196.50..which was the bottom of candle two. So where is price most likely to go? The top of that candle which was 3224. There is a much deeper conversation around this topic. But, this gives you a starting point.

 

[Atikon]

Why not...
This is going to be a very basic explanation. First you must think in terms of equilibrium. Meaning, if price fails to break out a particular side of a range, price is most likely going to the other side of that range. Now we must define those ranges. I have attached a chart for example. The first range (blue arrows). Price failed to hold below the 3140.50..So where is price most likely to go? 3204.25, then 3220..hopefully that makes sense. ..There were two candles high on the first was 3204.25 & 3220. Same goes for the candle with a orange arrow. Today we could not break down below 3196.50..which was the bottom of candle two. So where is price most likely to go? The top of that candle which was 3224. There is a much deeper conversation around this topic. But, this gives you a starting point.

look up FOK orders from @ajacobs

 

[nyxtrader]

look up FOK orders from @ajacobs

Why?

 

[nyxtrader]

mr nyxtrader,
why not lay it on down right here, my man?
we worthy.

I just posted on this thread for your reading pleasure. Have a good one.

 

[Atikon]

Why?

dom not visible beyond 10 strikes as far as i understand, dark pools not visible unless you are directly connected to the MM and thus only to 1 MM where you have to rely on it being representative of the whole volume

 

[nyxtrader]

dom not visible beyond 10 strikes as far as i understand, dark pools not visible unless you are directly connected to the MM and thus only to 1 MM where you have to rely on it being representative of the whole volume

None of that matters to me...I only use volume profile to help alert me on how fast price can move through a particular area. Thanks though

 

[Atikon]

how does it work thoug, say a major shift happens in economic outlook that takes the stock beyond 10 strikes, how would you know where it would get filled next?

 

[nyxtrader]

how does it work thoug, say a major shit happens in economic outlook that takes the stock beyond 10 strikes, how would you know where it would get filled next?

wtf are you talking about...maybe I am confused...I mentioned nothing about DOM in my explanation. Once you have identified a range & formed a direction. Don't go into the trade blind...look for a signal of some sort. Longer the time frame, more noise. But for a trader that is struggling, this is the best prescription. Identify a direction & only trade one side until your target is met unless the wrong side of the range is taken out.

 

[ChipShotTrader]

we will literally get a contract written and everything. If you can teach me to day trade futures, i'll give you half of my profits for two years.

i'm struggling with consistency using Macks Price Action Trading System, and i'd like to learn from someone who is actually doing it.

if i can be profitable for 3mo in demo, i'll take an account live with $10k, looking to make $500/day. id be splitting every penny i make with you. if i lose, you don't lose anything.

just looking to learn honestly, and i want you to be compensated for your time. Thank you for your consideration.

i'll need to see brokerage statements for the last two years before to verify consistency/profitability. i'm looking for someone making at least 15% per year after commissions. its a pretty low hurdle.

It's Friday, and I had a good week. Finding a true Mentor will be NOT be realistic.

My suggestion is to look for the right "education". I traded with Mike and Spencer, in the early 2000s, and they are for real (57th & Lex office, in NYC). They can offer audited returns, and Everything you request. I saw them last in 2015, and grabbed beers with them, and with Dr. Steenbarger (fellow Duke alum), and as much as I would like to be on a trading desk again (been on my own since 2004), it would be a one-way information flow, given my experience.

If I were to start from scratch, I would pay them a visit. I already went through the dark tunnel, and I am at the other end.
https://smbcap.com/

My friend (a very successful Berlin-based futures trader) has been with this group for the last 6 months, and he likes it. They are former floor traders, trading off the DOM. I am giving him another 6 months, to see whether he has a significant performance improvement. Otherwise, "if it ain't broken, why fix it?". I have been set since 2009, and still passionate about trading, but I do want to explore other subjects (trading professionally, full-time, since 1998).

 

[ChipShotTrader]

It's Friday, and I had a good week. Finding a true Mentor will be NOT be realistic.

My suggestion is to look for the right "education". I traded with Mike and Spencer, in the early 2000s, and they are for real (57th & Lex office, in NYC). They can offer audited returns, and Everything you request. I saw them last in 2015, and grabbed beers with them, and with Dr. Steenbarger (fellow Duke alum), and as much as I would like to be on a trading desk again (been on my own since 2004), it would be a one-way information flow, given my experience.

If I were to start from scratch, I would pay them a visit. I already went through the dark tunnel, and I am at the other end.
https://smbcap.com/

My friend (a very successful Berlin-based futures trader) has been with this group for the last 6 months, and he likes it. They are former floor traders, trading off the DOM. I am giving him another 6 months, to see whether he has a significant performance improvement. Otherwise, "if it ain't broken, why fix it?". I have been set since 2009, and still passionate about trading, but I do want to explore other subjects (trading professionally, full-time, since 1998).

Or you could learn from a Veteran Trader, Ken Calhoun, and make millions!