Inventory Grab Alert 4/30/09!
- Thread starter AMT4SWA
- Start date
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AMT, apologies if this has been asked before . . . . I've read all of this thread and a lot of your other posts . . . .
What size of resting inventory becomes relevant, 1000cts, 5000cts, 10000cts, 10000+cts, before you define a "relevant zone" of resting inventory?
Or is it that the exit/targets is what you have to scale depending on the size of resting inventory?
Or is it that when price moves by a certain "x" size, you determine the resting inventory and then do the scaling as above? You've mentioned before (not sure whether it was explicityly or implicitly) that you look for a 3pt pull back . . .
What size of resting inventory becomes relevant, 1000cts, 5000cts, 10000cts, 10000+cts, before you define a "relevant zone" of resting inventory?
Or is it that the exit/targets is what you have to scale depending on the size of resting inventory?
Or is it that when price moves by a certain "x" size, you determine the resting inventory and then do the scaling as above? You've mentioned before (not sure whether it was explicityly or implicitly) that you look for a 3pt pull back . . .
Quote from AMT4SWA:
Those types of software running can really slowdown trading platforms/apps.
I never do any web surfing on my trading boxes and I use separate boxes for trading platforms and charting. Ninja of course I run all on one box and have never had any problems fortunately.
trading and managing so many different entries, how do you keep it straight in NT? WHen I scale in multiple times, NT will avg my cost basis for me and consolidate all of my entries so I find it hard to remember where my intial entry was.
Since you manage your trades as individual and consolidated positions simultaneously, I'm just wondering how you keep up with that?
I think he's mentioned that he has several accounts, and several trading "boxes", plus he's been doing this for a while (proly between 5-10yrs) . . . .
So, I'd assume, he's got it down to the T[-bone] by now . . .
If you practice the same discipline/routine for 5-10yrs, you'd know what you're doing between accounts/screens/charts, no?
Several accounts and several boxes would make consolidated trade management more difficult. Conversely, using 1 account and 1 box would make individual trade management more difficult...
Disregarding that, I was just wondering whether there was a technique he uses or just plain experience when it comes to keeping everything in harmony.
Yes, but he's been doing this for a while, he CAN manage the different boxes and accounts because he has the overall (macro) picture and the micro picture down very clearly . . . so this is no problem for him . . . it's actually entertaining, maybe some challenge for him to shift between accounts, b/c price, cummdelta and AMT is too easy for him . . . .
Actually wouldn't this be really trivial, if we have one account, 1 box and 1 trade?
Ya got it . . . it's experience . . .
Quote from chuckt101:
lol why do you keep speaking on behalf of AMT? I'm asking him not you!!
LOL, I'm not (even though you're asking him), I'm just reading into his posts.
Either I'm very smart
or extremely stupid . . . something's gotta give . .or maybe I'm a +125 post troll to rile up star count . . . you never know . . .
Quote from chuckt101:
lol why do you keep speaking on behalf of AMT? I'm asking him not you!!
BTW, I know you're not one lacking in logic, you're a programmer afterall . . . . . I'm not, so maybe you're the hired thread/star count count "consultant" . . . .
. . . . whichever way, it doesn't matter to me, as long as this thread keeps going . . . and we get input from AMT- Status