YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. Pekelo

    Pekelo

    I am not joking that he is not joking. And THAT is sad...

    But let's just run away with the idea. What if let's say 500 ETers decide to send him $5? But he was expecting like 10 000 or something. So would he go into trouble and send back those coffee latte prices to each member?
     
    #3481     Dec 29, 2005
  2. Atlantic

    Atlantic

    how many contracts do you trade overnight?. i mean- there is no risk - so even in this thin market phase - on the es you could easily scale with - say - 50 lots.
     
    #3482     Dec 29, 2005
  3. WHAT?? WHAT?? ...... i already sent him my $5 !! :mad: :mad:
     
    #3483     Dec 29, 2005
  4. duard

    duard

    I have trouble keeping up with fast markets. :D
     
    #3484     Dec 29, 2005
  5. Porgie,

    Heres some ideas to think about:

    Price is always what we trade, but few understand the importance of volume.
    You always trade price.
    You predict with volume.

    Prediction is highly important in the world of constant trading, I could be taking a shit in the bathroom and I get a volume alert alerting me 15 minutes before the action

    While if you were pricing, you'd probably be alerted 20 seconds before the action.
    20 seconds isn't enough time to wipe your ass.

    Preparation + Opportunity = Money.

    You can't prepare if you don't know or are trading in real time.

    In fact, I'm pretty sure you can trade just on volume considering 65% of my code is based on price.
    The other 35% of my system is based on volume, and thats what seperates the size from the testers IMO.


    Good luck, took me awhile to understand the roots of everything, you guys are getting it in one post. :)
     
    #3485     Dec 29, 2005
  6. oh yeah, that threat of the IGnoRE list,

    hmmmmm, only new sign-ups aren't on it...

    wooo,
     
    #3486     Dec 29, 2005
  7. class written all over that one
     
    #3487     Dec 29, 2005
  8. YM sends a lot of them down the road shaking their heads.......
     
    #3488     Dec 29, 2005
  9. cw...........7 TRADES TODAY....IN 3 HOURS....GETS BORING ....100%......AVG 12 PTS NET.......X XXCONTRACTS???..VOLUME NOT NEEDED? 100% EACH DAY NO VOLUME WANTED OR NEEDED......OLD SCHOOL.....
     
    #3489     Dec 29, 2005
  10. #8.........ONLY 8 PTS UP NOW
     
    #3490     Dec 29, 2005