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  • #221
  • Edited 5:45am Nov 23, 2021 5:30am | Edited 5:45am
Quoting jonander50
{quote} Thanks for your answer. In the example of the robot buying 1000 contracts every 5 seconds, you suppose that the amount of 1000 will be a significant size with respect to the size of the other orders that are being given at that moment, or it is the fact that it is a robot that can indicate that Maybe other robots that you are not perceiving, are also buying, and that is why you buy?
Hi Jonander!

Look ,in this example my situation is the buying robot and I would try to work it out out till the robot exists. I would enter with the robot long and would close the position when the robot finishes. It is logical also, that price should go up till the moment it has participant/s who pushes the price up,when it finishes the price should go down. Through this logic you should trade the situations like this.
Success is nothing more than a few simple disciplines, practiced every day.
  • #222
  • Nov 23, 2021 5:34am Nov 23, 2021 5:34am
Quoting Machinator
{quote} Hi dear Hline ,you are always welcome! You do everything right ,I like your approach to trading and to risk management etc, just keep your work up, you have a great potential, and thanks for to be continually active in the thread! A nice morning today, the market has been active, so here are results, it could be a litle bit) more (5 digit number) but I haven't closed +6000 USD profit on LRC, closed it in breakeven, but it is not evening yet)) Take care and see u in the glass!) {image}
Awesome, well done!
Nice to see your results.

Attached mine, again limited time.
Attached Image
  • #223
  • Nov 23, 2021 5:40am Nov 23, 2021 5:40am
Quoting jonander50
Also I dont understand capturing spread. I looked for a symbol with a high bid ask difference and put a limit sell order under the red line and a buy limit above the green one. The green activated (buy) and then the price goes down and never came back, So a big loss. Where is the error?
Besides the large spread(the distance between bid and ask/the best buyer and seller price )you should see activity(market buying and selling ticks in the tape) in the order book/glass .If you enter and your closing limit order are not filled, so that means you have entered not from the right point(I don't see a problem here), try close your order with limit order with loss ,and start to find a new enter point. If you are collecting spread near the big volume in the glass it is always better because you have a point to close your orders with minimum lose.

Regards!
Success is nothing more than a few simple disciplines, practiced every day.
  • #224
  • Edited 6:00am Nov 23, 2021 5:42am | Edited 6:00am
Quoting LidBizzKid
{quote} Hi Hline, Please keep them coming! I am still figuring out how to check volume to be biased in the collection of volatility/spread. Am I being too over the edge if I ask you to do a video when you work an instrument? I see that you change decimal pricing - do you do it standard - a fixed value - or does the zoom varies until you can analyse volume levels? Many thanks
Hi LidBizzKid,

I see. I am afraid when i do a vid it will more or less be the same as the vids posted.
Its really difficult to explain, at least for me, and i might do it a bit differently.

What i look for, and @Machinator correct me if im wrong, is an activity.
This could be one of the instruments with the biggest gain/loss, or an instrument nearing a prior high/low, big volume, S/R etc.

When i have identified those, i 'simply' try to concentrate on the volume forming in the DOM.
Say price is approaching a resistance i have found, my bias is then kind of bearish so i try to see if big(ger) selllimit volume shows up in the upper part of the DOM.
If so, i just go short and try to target 0.2%-0.5%.

Personally i just use several instruments at the moment for this, ones which suits me and i have seen move at least 0.2%

Once im short and price goes up and eats the selllimit volume, we're out.

If i close my position in profit, or loss, and i see another setup off from the same level i would go short again.

Again, this is how i see the collecting spread/activity thing.
I know it will sound boring and unhelpful but all i can say is try to watch the posted videos with this. See the bigger volume zones in the DOM and where we trade away from etc.

I hope this helps a bit?

update: like in the below instrument, SAND. I noticed it had made a new high, and saw a possible Resistance level. When i noticed the volume above being large enough to my liking i sold short, price went against me 0.12% but i close if its -0.5% max and the delta was red, then it dropped and i did exit in profit of 0.32% since i saw larger buy limits coming in.
So i rode it up again to close it with another 0.23% profit.

Again thats how i do it and i might be wrong but it seems to work
Attached Image


update 2:
I just saw this setup when i was posting this. Same instrument, SAND. Do notice the doji on top, near the prior swing high. I would now wait and see what the DOM is telling me about the sell limit volume. Should it appear and become clear (not always am i able to see the correct volume, or i make a mistake and think i see it) then i would short it. Stoploss is the doji high but rather less then 0.5% or after the big selllimit volume should it show up.

Those situations show up a lot during the day and i wish i could trade them all thats why i want to make a monitor bot which alerts me of any doji setups etc but
its still on my tocode list...
Attached Image (click to enlarge)
Click to Enlarge Name: collecting spread.png Size: 107 KB
  • #225
  • Nov 23, 2021 5:43am Nov 23, 2021 5:43am
Quoting Machinator
{quote} Hi Jonander! Look ,in this example my situation is the buying robot and I would try to work it out out till the robot exists. I would enter with the robot long and would close the position when the robot finishes. It is logical also, that price should go up till the moment it has participant who pushes the price up,when it finishes the price should go down. Through this logic you should trade the situations like this.
I guess its time for me to study the robots! So much for a free evening lol, thanks!
  • #226
  • Nov 23, 2021 5:43am Nov 23, 2021 5:43am
Quoting HLine
{quote} Awesome, well done! Nice to see your results. Attached mine, again limited time.{image}
Good job, Hline!

Glad to see you in green!
Success is nothing more than a few simple disciplines, practiced every day.
  • #227
  • Nov 23, 2021 6:01am Nov 23, 2021 6:01am
Quoting Machinator
{quote} Good job, Hline! Glad to see you in green!
Thanks Machinator, couldnt have done it without your help!

Have a great day
  • #228
  • Nov 23, 2021 6:01am Nov 23, 2021 6:01am
Quoting LidBizzKid
{quote} Hi Hline, Please keep them coming! I am still figuring out how to check volume to be biased in the collection of volatility/spread. Am I being too over the edge if I ask you to do a video when you work an instrument? I see that you change decimal pricing - do you do it standard - a fixed value - or does the zoom varies until you can analyse volume levels? Many thanks
Hi!

Look if you scalp you should feel and know, that it is very difficult when you are in position to make even screenshot of your trade. As per video ,it is better ,but it overloads the computer specially when you record 4k monitor,and the second it is very worthy I mean it take a lot of time to cut the videos etc.
If you have concrete questions record them as a screenshot or a short video, I will be glad to answer them all.

Regards!
Success is nothing more than a few simple disciplines, practiced every day.
  • #229
  • Nov 24, 2021 1:58am Nov 24, 2021 1:58am
Quoting Machinator
{quote} Hello guys! Hope you are doing well . The market is active so I am all in it. I had a little bit long week end, so this trading week starts for me from yesterday. Results are on the screenshots below + I have made also a little bit on Spot. As about questions about spread/volatility collecting I can't make nothing better than share one of my colleges video. It is binance C98 Spot coin. This day I collected about 3000 USD on it. https://www.youtube.com/watch?v=6TxQNlm88uM As an answer for request to recommend the best instruments...
Hi Machinator.
In video, I think your college buy at market price by left mouse to sell order, is it right?
I expect that she calculate the buy volume is higher than sell volume and decide to buy.
But I don't understand when we join and when we should close the trade.
Sorry, I slow the video to 0.5 speed but still not understand clearly.
Have a good day.
  • #230
  • Nov 24, 2021 2:06am Nov 24, 2021 2:06am
Quoting HLine
{quote} Hi LidBizzKid, I see. I am afraid when i do a vid it will more or less be the same as the vids posted. Its really difficult to explain, at least for me, and i might do it a bit differently. What i look for, and @Machinator correct me if im wrong, is an activity. This could be one of the instruments with the biggest gain/loss, or an instrument nearing a prior high/low, big volume, S/R etc. When i have identified those, i 'simply' try to concentrate on the volume forming in the DOM. Say price is approaching a resistance i have found, my bias...
Hi Hline,
I'm practicing the SCalp.
First, I choose the instrument with biggest move.
Then, I'm so confused to find I should do next. I sum the volume of sell order and buy order, compare them and follow the bigger volume. But, I get loss almost time.
Could you explain your action step by step? I hope I can find what's wrong.
Thank you.
  • #231
  • Nov 24, 2021 4:39am Nov 24, 2021 4:39am
Quoting livetolove03
{quote} Hi Hline, I'm practicing the SCalp. First, I choose the instrument with biggest move. Then, I'm so confused to find I should do next. I sum the volume of sell order and buy order, compare them and follow the bigger volume. But, I get loss almost time. Could you explain your action step by step? I hope I can find what's wrong. Thank you.
Hi livetolove,

Its hard to put this into words. Like Machinator wrote above "if you scalp you should feel and know"..
Not saying i feel and know all but im learning and (think i am ) improving day after day.

The more you spent time watching the DOM, i recorded sessions and play them on my phone in the evening,
the more the 'feel' comes, at least thats what it did with me.

Look at today, SAND was a big mover and somehow i just felt what i needed to do.
Noticed the little imbalances, also made some mistakes, and played them out. Small gains of 0.2%+ i
was after and at times i closed it when it felt not right or price didnt seem to follow through.

I wish i could give you a step by step but thats not possible im afraid. But then again, i think its
also not in the best interest to learn something like this.

Attached Image
  • #232
  • Nov 24, 2021 6:21am Nov 24, 2021 6:21am
Quoting Machinator
{quote} Hi Hline! Good job from your side keep it up! As about clusters -How you arrange your order book volume settings ,for different instruments they are different- the aim for this is to see faster the big volumes appear/disappear in the order book. The same for clusters-all my clusters 5 minutes by default (sometimes when I am missing something I can change it to 1,15 minutes or even an hour) and volumes arranged in the way, if the big volume realized/passed on a single price/or prices I see it immediately. Cluster is very important instrument...
Hi Machinator,

Im going over this post about clusters and how you can see Iceberg orders. Inside CScalp we have the possibility to show Iceberg orders.
I tried some time to make that work but to no avail yet. Does that work, in CScalp or we should need to detect it in the clusters?

I will read up some more on google on Icebergs. It it me or does it sound a lot like a robot?
In essence its more or less the same only the interval could differ?

Thanks, have a great day!
  • #233
  • Nov 24, 2021 5:54pm Nov 24, 2021 5:54pm
Quoting lananpips
{quote} ok Machinator, i will check them out and share my experience..thank you!
FTX US has a $100K requirement for Margin Trading, i think I will have a problem because of tighter regulations in the US:
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 92 KB

anybody doing this from the US?
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #234
  • Nov 25, 2021 3:22am Nov 25, 2021 3:22am
Calling a time out, have the idea im about to overtrade if i continue.

Heavy activity, took some nice runs and some good losers as well.
Back to coding and studying the DOM!

Attached Image


Take care
  • #235
  • Nov 25, 2021 6:50am Nov 25, 2021 6:50am
Quoting HLine
{quote} Hi livetolove, Its hard to put this into words. Like Machinator wrote above "if you scalp you should feel and know".. Not saying i feel and know all but im learning and (think i am ) improving day after day. The more you spent time watching the DOM, i recorded sessions and play them on my phone in the evening, the more the 'feel' comes, at least thats what it did with me. Look at today, SAND was a big mover and somehow i just felt what i needed to do. Noticed the little imbalances, also made some mistakes, and played them out. Small...
Thank you HLine.
I have read the thread 3 times and watched the last video posted by Machinator 2 times.
However, it seems be I still couldn't catch the core.
I image the big volumes mean resistance, I should watch the action at them: break or bounce.
If big volume is broken, the price could be run further and vice verse, If big volume can not be broken, the price could be bounce.
I try live trade recent days, but it is end with loss.
I'm gonna keep live trade and improve my skill.
Could you share your experience why study the DOM, e.g: link, video, ...? I'd like to learn from your experience.
  • #236
  • Nov 26, 2021 12:57am Nov 26, 2021 12:57am
Quoting livetolove03
{quote} Thank you HLine. I have read the thread 3 times and watched the last video posted by Machinator 2 times. However, it seems be I still couldn't catch the core. I image the big volumes mean resistance, I should watch the action at them: break or bounce. If big volume is broken, the price could be run further and vice verse, If big volume can not be broken, the price could be bounce. I try live trade recent days, but it is end with loss. I'm gonna keep live trade and improve my skill. Could you share your experience why study the DOM, e.g:...
Hi LiveToLove,

Im not sure what to share other than what i wrote above?
Like i said, im also fresh in this and in no way anywhere near Machinators level yet.
The only thing i do and try is to devote as much time as possible to study the DOM and the vids Machinator has posted.

I also re-watch a lot of vids, and a lot dont make sense yet to me but i keep watching till
it will finally click. For example the CScalp free course (did you see those?) there's a vid
about detecting robots but i dont get it yet... but i keep fishing till it once makes sense.
I think learning can be done by repetition, one of this is replay a video till something clicks in
your mind. Once it clicks, that could solve one piece of the puzzle.

I've printed this thread, the most relevant posts, and try to study those almost every evening. Same with
the vids, i think i've seen them a 100 times and somethings arent clear yet.

My approach might differ a bit but it seems to work.
All i try to do is watch the most moving assets, or assets which make a pinbar or something.
Then i try to see any volume supporting the idea and i make an attempt to catch some small profit.
Keep in mind a situation can change rather quickly, i mean in seconds. Exit as soon as you think
its not working out, like Machinator said some posts above something like 'collect spread off from an big
volume' so you know where you're stoploss should be.

Just practice and practice. Machinator told me in the beginning (see posts on some pages ago) that the goal
was not to be profitable but to learn the basics and take like 400 trades a day.
Why not try the same? I didnt always reach 400 trades each day due to my health condition for example
but when i did, i learned a lot.

Im not in a position to say what someone must do to learn this since im learning myself but i would say that
it really pays to put in the extra time. Im sorry if i offend anyone, not my intention.

So my experience with the DOM and such is that it comes down to just printing charts and posts, watching recorded
DOM sessions while for example my wife is on a call. Just some minutes pondering about a situation.
A lot of times i dont see anything on the DOM but just keep staring to force myself.
Also i would advice to go over the CScalp free course at their website, i could really be helpful.

Perhaps i am crazy, bet i am, but its just how i am wired. I think there's no easy way for this.
Hope this helps a bit
  • #237
  • Nov 26, 2021 1:23am Nov 26, 2021 1:23am
Quoting HLine
{quote} Hi LiveToLove, Im not sure what to share other than what i wrote above? Like i said, im also fresh in this and in no way anywhere near Machinators level yet. The only thing i do and try is to devote as much time as possible to study the DOM and the vids Machinator has posted. I also re-watch a lot of vids, and a lot dont make sense yet to me but i keep watching till it will finally click. For example the CScalp free course (did you see those?) there's a vid about detecting robots but i dont get it yet... but i keep fishing till it once makes...
Thank you for your sharing.
I still keep watching videos, include the free course by CScalp.
In addition, I monitor the price moving in consistent with the order book, see the relation between them.
Hope I can catch what I miss and end day without loss.
Thanks again.
  • #238
  • Nov 26, 2021 1:42am Nov 26, 2021 1:42am
Quoting livetolove03
{quote} Thank you for your sharing. I still keep watching videos, include the free course by CScalp. In addition, I monitor the price moving in consistent with the order book, see the relation between them. Hope I can catch what I miss and end day without loss. Thanks again.
I dont necessarily think the goal at this moment is to be profitable.
Forgive me if im to blunt but i think the first goal is to just do it and learn while doing so. If end of the day you are green, great. If not try to find clues
which help you to avoid making the errors.
I know it feels good to end in profit but the journey to this goal is more gold at this moment, at least to me.

At least thats what Machinator told me and im still on my way trying to reach that. At times im still not sure what to do and tend to force a trade, or i am so tired that i accidentally open a right click instead of a left click...

Take care
  • #239
  • Nov 26, 2021 3:47am Nov 26, 2021 3:47am
Call it a day/week i think. To busy in my mind so cannot focus properly.

Made several mistakes but managed to turn it around. Will do something else and see if i can spot something later today.

Attached Image

Have a good weekend!
  • #240
  • Nov 29, 2021 5:05am Nov 29, 2021 5:05am
New week, another round of pillaging.

Not seeing much this morning so i keep it calm. Perhaps later some more if its more clear (at least to me)
Attached Image

Take care guys
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