Any huge size stock day traders out there?

Discussion in 'Stocks' started by newguyintown, Jan 6, 2011.

  1. Its not so much the learning path but the crazy-ass language you were using. If anyone on this site, no matter their level of experience, can decipher what u said, I must say I'd be impressed! lol
     
    #21     Jan 8, 2011
  2. henry76

    henry76

    If your concerned about liquidity and trade intraday why would you be interested in trading for investors , virtually any return per trade traded intraday would compound you up to your liquidity concerns (1000lots)( considering your already at 100 lots )???
     
    #22     Jan 8, 2011
  3. I'm 6'8" weighting 450 pounds.
    Is that huge enough for you?
     
    #23     Jan 8, 2011
  4. Zero Bid

    Zero Bid

    Maybe in Equities. Most liquid market's gotta be in eur/usd.
     
    #24     Jan 8, 2011
  5. In C you can move $25 million worth +, sometimes closer to $50million, before you'd take out an entire level and make it move a penny.
     
    #25     Jan 9, 2011
  6. why in the world would you want to down leverage to enter the world of stock trading? Seriously...anyone trading 100-1,000 ES lots need not trade stocks...I'd forget it!!
     
    #26     Jan 14, 2011
  7. the1

    the1

    If you are planning to scale up to 1000 lots you should look into the big contract. I've traded well over 100 lots on the ES and partial fills are common, depending on a variety of factors. I tried 100+ on the TF once -- only once! What a nightmare that was. I was on the wrong side trying to get out at b/e and just about chewed my fingernails to the bone waiting to get hit. If your game is good on the ES I think you should look into the big contract before jumping to equities. You may even find some arbitrage opportunities trading the two but obviously so is everyone else in the your position. Isn't competition grand.
     
    #27     Jan 14, 2011
  8. the1

    the1

    I tried this. It works for about 1 or 2 trades and then the MM or Specialist catches on pretty quick and all of a sudden the gig is up. If the OP tries this it will blow up in his face. Been down this road. It's like an ant trying to pick a fight with an elephant. At first the elephant doesn't even notice he's being picked on but when he does he just squashes the ant. Remember, it's not you against a MM. It's you against an army of MM's.

     
    #28     Jan 14, 2011
  9. Wow, you are the second person on this short thread to recommend trading the big S&P without a clue that it does no volume.

    Jan 13, 2011 Volume

    March ES 1,670,930

    March SP 11,931

    :eek:
     
    #29     Jan 14, 2011
  10. Thanks for the reply. Advantage Futures is a great clearing firm with aggressive rates for volume traders.

    It doesn't correlate well with the ES, but another futures contract that does good volume is the 10 Year Note on the CBOT. On Jan 13, 2011 volume was over 1.2 million contracts.
     
    #30     Jan 14, 2011