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

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

genuinely curious, is the /es dom not a spoof fest?! after reading about Nav and the flashcrash, as well as listening to Christina Qi talk about her HFT firm, it seems like orderbook is not very valid, and not as consistent as it is made out to be. I also know jigsaw is all the rage right now, but i usually only hear that from ppl selling me something....
 
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).


no way man!! i like mike bellafiore a lot, just from interviews ive heard. he seems level headed and isn't trying to get you PHAT GAINZ from BUYIN HAWT DIPZ ON EURUSD!!! i want to check out his one good trade book. heard its solid for psych/risk management.

i will look into that. ive watched a few of their trading videos online. the options stuff is great.

thank you!
 
Do you know Mike Higgins, a jazz sax player. I want his contact info if you have any.
Why the fixation on 5% per day? It's a very tough nut to crack.

i don't know him. is he in DFW? i don't know a ton of the older generations of cats, but i know a few.

its really just an arbitrary number. i'll take whatever the market gives honestly! ha. if its -$500, so be it.
 
This is kind of funny when you think about it. OP is going to pay half profits from profits that are only being achieved because of lessons he receives from a principal amount that said teacher could easily just add on top of their own principal from their own profits and receive 100% of profits and not have to have spent a ton of time having to teach on order to receive, assuming the trainee achieves profits at all.

This is akin to working a job that someone else gets paid for you doing, and them being kind enough to give you half the paycheck they only received because you did all the work.

its really more to say thank you and not take something without giving something in return. if you have alternative that would work better for you, i'm open to hearing it.
 
before i get sucked into another hour of responding, id like to give a silent shout out to the trader who was willing to get on the phone with me this morning to talk about mack's pat system, and how he uses it/modifies it. thank you for sympathizing with my dilemma and offering your guidance! its also nice to just not trade alone some times, and to bounce ideas off of ppl. haha. i'm glad you got the gist of what i was asking for.

and another genuine thank you to those of you who have offered advice here. i appreciate it! gotta go fix a toilet in a rental property...

currently down $200~ on the day! sucking less tho, and sticking to my plan a bit better. missed some stops into some runners that wouldve turned it around.
 
Don't keep looking. Don't keep searching. There is nothing to be found. I could hand you a 100% ROC in a year at a 5 Sharpe and you'd f*ck in sideways and blow up in a month.

And people wonder why this place is looked upon as a joke.

https://www.elitetrader.com/et/threads/malicious-trolling-and-stalking.323122/page-35#post-4694894

Dude, you lost. You can't shut up long enough for people to ignore your own posts professing that you're a f*cking loser. Move on. We all have to at some point. Win or lose... and you're never going to make it in this business; that much is clear.

https://www.elitetrader.com/et/search/11122036/?q=destriero&o=date&c[user][0]=483534

I didn't lose the bet. I produced a $2MM run and $600K profits for the year (in that account).

What did you do? Tells us three years later, above, that you're an UNMITIGATED DISASTER.

Keep the $5K and buy your wife some KFC and roses.

===============================================

OP, nobody is going to hand you an edge in D1 (as if anyone in this thread has an edge) and your offer is pointless as it's not enforceable.

destriero,

Put your money where your mouth is. Let's bet!! Talk is cheap. Private message me or start a new thread. This week or this month, trading 1 contract my PnL will be higher than yours.

thank you!

a 5 sharpe would be insane. lol. if i could hit a 2 i'd die a proud man... a little easier now that the risk free rate is negative! lol.
 
no way man!! i like mike bellafiore a lot, just from interviews ive heard. he seems level headed and isn't trying to get you PHAT GAINZ from BUYIN HAWT DIPZ ON EURUSD!!! i want to check out his one good trade book. heard its solid for psych/risk management.

i will look into that. ive watched a few of their trading videos online. the options stuff is great.

thank you!

No problem. I traded on the same desk with them, 1999-2002, period, at the 57th & Lex office in NYC. They are solid guys.

Weird thing is that I had a mental image of all of that crew, frozen in my mind, from that exact time period. So it was truly something to see them in 2015, as we had all gotten older, less hair, etc.

Truly cool, what they built. Wish I had had that when we all started. We were just thrown there, and learned by osmosis!!!

1998-2001 was a special period. We were all young, and before 9/11; NYC was the place to be...

;)
 
i don't know him. is he in DFW? i don't know a ton of the older generations of cats, but i know a few.

its really just an arbitrary number. i'll take whatever the market gives honestly! ha. if its -$500, so be it.
I've no idea where he is right now, his email doesn't work and I lost his phone number.
I'm sending you a message with his email, maybe one of your friends recognizes it.

If daily profits aren't a big deal, then go for swing and longer term. Much easier and on 2-3 trades a year you get to hit it out of the stadium. :D
 
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