Floor Trader Method Variations

do you realize what kind of edge, this picture shows when its hooked up to a human scalper on the floor?

 

Something to add to my previous post:

For the method above to make live easier and I think quite dandy, use the average of the premium of the last trading session and add the value to the index.
I think, it is a good approximation, at least what people think FV of the future is !

Sundog

 

Spectre2007, is the green line some FV calculation of the underlying ?

 

This thread is relevant concerning FV calculation:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=44629&perpage=6&pagenumber=1

Sundog

 

By adding more indicators you are trying to create mental security and not bolster your trading system.

From my understanding, you are trying to minimize risk by getting a full proof entry method. I'll suggest you to see what happens when a entry gets generated. How the trade unfolds, what is the price movement after the entry point. Use ATR for this

IF ATR(5) above 10 then Average profitable points and if ATR below 10 then what.

Play your game with Price and not with your mind.

Regards,
Buccas13

 

If you want to trade like a floor trading, work out how to steal

 

Absolutely right.