So every turn in price is a big player entering a big order now lol. Oh you discern the size, how do you do that? This kinda of statement is typical of the BS on this forum.

Domino's Price and order flow trading

All these guys are doing is spouting analogies about how orders flow and how orders make price move. So what?, it takes 30 mins to understand that. The problem is no one will ever know in FX where these orders are so its a dead end. They can spout ...

Domino's Price and order flow trading

If you trade once a week then it will take even longer for you to realise that you have no edge and longer for your account to twindle to 0. This is based on your statement of "The more often I trade the more often I seemed to lsoe money".

The best way to trade is one trade a day

Hi Justin, I have requested access to your FIX gateway demo and also Quote API demo, however I have not heard anything yet, I had one email asking me to look at the SDK, but thats not what im after. Is this still available? Mark

MB Trading Futures - Introduction

You preorder your private Jet.

You know you're over confident as a trader when.....

Great thread Domino, this is a real order flow thread (not that I trade that way) but its good to see something useful rather than a bunch of idiots pretending to know what they are talking about, just stating the obvious.

Domino's Price and order flow trading

Very true Spekkie, my figures are ballpark and of course anything > 0 is a win. I have a lots of coding and testing before I get there though.

Systematic trading

They are the same thing from the point of view of this discussion, i.e. a computer executes trades based on some alogrithm.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

System 90% Money Mangement 10% Psychology I put in the same bracket as being human or not being paralysed, i.e. unless you are a raving nut job then it isnt worth mentioning.

Ingredients of Trading Success

It already has if they ever were predictable.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

So all trading algorithms or automated trading system only generate 1-2 pips? Ive heard some studip statements in my life and that is one of the best.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

I don't believe they can do what you said but I don't also believe they are just good at grabbing a few pips due to their speed. They can also be used to generate strategies that would take a trader many years to test, and also monitor those ...

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

Exactly, I was making the point that its more complex than just a trader mechanizing his trading strategy.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

Not if they algorithms that make the trades have been evolved by computers.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

Well given that computers trade nowm and they didnt back then proves him wrong. Just because he said it doesnt mean its true.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

I dont think you knew, you only guessed then when your guessed turned out right you thought "I must have known". Its a book about a trader who had a knack for reading the tape, he blew up many times and his skills are not applicable to todays ...

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

Im not saying theres anything wrong with it, but the whole makeup of thas market is different, as are the tools etc. The book is more of an interesting read than a trading education.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

I think this thread (suprisingly here on FF) is really good from Merlin. url

Systematic trading

There are now lots of comuters trading against you.

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever