Bring it Conci. Only thing I am known for, is I will talk the shit to ye. I have no compunction against it. Just ask Baron. I think that is now why he shuns my calls, because he be all like "Oh no, get that guy out of here, he is a gabber." Hehe. Can never be sure though. It's like that Halo show.series. Oy!
I genuinely don't have the patience like I use to, to go back and forth. I don't know what bring it means. Just letting you know I've said about all I am going to. If you still disagree or don't at least see my side of things than there's just too much of a fundamental differing in our beliefs and thought process, that we will just be wasting time to correspond anymore.
LOL, just saw this. I don't mind the rage. Let it out! You got any general wisdom for someone who's planning on switching to NQ futures in the next 6 months?
One of my strategies involves watching the QQQ level 2 like a hawk and scalping 20 cent momentum moves using /NQ. I do it multiple times almost every trading day between 9:35am and 10:30am eastern time with trades that usually last no more than 5 to 10 seconds and the two are so precisely in sync I have never had a single issue with something unexpectedly happening and that's without even glancing at /NQ while in a trade. I understand that arbitrageurs make this so which is easy to conceptualize but the precise literal mechanics of how this happens on such short time frames is not something I have deep knowledge of. I just know it works well enough to play one off the other without worry.
Interesting. I've played around with level 2 a few times, but I never got the hang of it well enough to trade it. Now I start trading around the time you stop, around 10:30, once that early volatility has tapered off, grabbing 1-2 moves per day, on average about a dollar each.
Only that if you plan to swing it, be sure to have more money in your account for the performance bonds overnight that you might have needed compared to just a few years ago. Remember...The higher the thing goes, the greater (points-wise) the corrections will be. I try to keep an eye on the intraday charts when I am out and about, and it is much tougher for me now. But the intraday bull-market patterns seem to be resolving the same in an overall sense, compared to the previous years of the bull pre-2022. A drop in the morning, with a rise starting around 10:30 AM EDT.
Has any personal trader not with a firm been successful with arbitrage like this? It seems it is to quick for a lone trader to capture anything.