"Something Disturbing Happened" - Words Of Warning from futures trader

Anyone wants to share any thoughts/comments on this post by zerohedge on saturday?

http://www.zerohedge.com/news/2016-...appened-futures-trader-has-some-words-warning

Ps: I just started trading ES futures on a demo account. This doesn't sound like good news...

 

Send through a stop market order. Which you should be doing anyway.

 

How can people take zero hedge seriously?

 

Ignore it, I've been trading the ES for about 14 years and sometimes it's better than other times but nothing material has changed. Just develop a viable plan and have the discipline and patience to stick with it.

 

I wonder if those price bands get triggered when OCO orders are placed (One Cancels the Other) ?

 

To me, it just looks like they exist to prevent someone from placing a massive order outside the normal trading ranges and shocking/spoofing the market. They seem to be pretty wide to have much of an implication for anyone "day trading".

 

Its like that here in Auz on the local Fut contract. You can only enter 5 strikes above or below for that reason.

 

Zerohedge is concerned that something conspiratorial is happening.... What else is new

 

Watch the video here for how price banding actually works.

 

Exactly....as Stop-Limit is only for those who hold overnight IMHO.