Day Trading & Forex Forum

dcraig1

Ahh .... , it seems you are using the term "hedge" in a metaphorical fashion rather than a technical fashion.

OK, Mr Big Swinging, I've heard read this stuff before. You posit a market paradigm with the big players - institutions, hedge funds and whoever else you want to to throw into the mix on one side and the little guys - private traders and the like - on the other. So if the little guy can just tell where the big guys are putting their money, then they are 'In Like Flynn".

Problem is the "big guys" don't run a cartel. Futhermore the "big guys" trade with each other because there is nobody else to trade with - that is where the liquidity is.

There is a reason that most institutions don't deliver market beating returns.

mechanicaldaytrader

"One great thing about Forums is you can definitely spot those that KNOW and those that DON'T ! Be careful out there folks! "...

not really sure about the rant by dcraig1 but....

...the institutions take both sides of the futures market - the difference is one side is exiting a trade the other side entering a trade...the retail portion of the market is getting stopped out (the institutions can figure out where the stops are). Intraday trading displays multiple points of retail capitulation. Institutions make money off of retail capitulation daily.

High Performance Daytrading is not for amateur tire kickers or emotional ranters....keep the emotion out of why you take a trade as much as possible..but have fun properly entering at the appropriate point of cycle highs and cycle lows!

Cheers Everyone !!

The Mechanical Day Trader

dcraig1

Have you actually got anything to say at all ? Other than the snide remarks ?

mechanicaldaytrader

...those that engage in name calling have no room to complain...

A wildly inaccurate statement by dcraig1....Institutional Traders control both sides of the market that I trade...

The market that I trade is technically correct 24/7 - obviously it is safely manipulated so both sides of the market can enter and exit smoothly. IMO, dcraig1 is mixing metaphors & terms with no real knowledge or factual basis of how the MIni Dow market creates, retraces and reverses on institutional stops.

High Performance Daytrading is not for amateurs, name callers or for those that seem frustrated in life...it requires cool, calm decision making - one should be self critical of past missed trades or losses, so regular improvement of daytrading performance can occur. Using proven mathematical setups for trade entries minimizes stress, repetitive losses and uncertainty. Choose how you trade the market, let it come to you, coolly pull the trigger and calmly start taking profits.

The Mechanical Day Trader

nine

mechanicaldaytrader is clearly a vendor.

Worse than that he's full of bs and subscribes to fantasy based views of the market dcraig. And fantasy based views of his own trading by the look of it. Very impressive to those who don't know the real market truth. Perhaps it will suck in some newbies?

mechanicaldaytrader

that's why 3 new subscribers signed up this week...2 of which read this Forum....

Tell ya what...pick your best trading day next week day trading one contract of whatever futures contract you day trade...then do a screen capture of your trades from start to finish, with beginning and end cash balance...After getting yours, I'll email you mine...just black out your account # (your last name needs to be displayed on the trade history) on the screen shot of your trading history. The trading history should also display the net profit/loss for each trade. Your email needs to display your full name and Skype ID so I will call you to verify what you traded, you can expect the same from me.

Send the email to me two weeks from today.

If I don't get a email by 5 pm ET two weeks from this Tuesday (March 30th), I'll add a post to this thread stating you did not put up.

The Mechanical Day Trader

Hotch

Simple:

Successful traders work logically, they don't work on hunches, they have a method which can be expressed as an algorithms. Not saying they have, but I'm certain it's possible.

That being said I doubt you can buy a decent system, and it's not easy to program something fairly successful.

I think most people who don't think it's possible have been disheartened by crap such as FAP, or aren't too clued up on computers.

People didn't think computers could do a lot of things which they can now, we've already solved draughts after all, and it won't be long for chess.

It's nice to think we can do something a machine can't, but I doubt it.

__________________
Hotch: Showing that Chatzy's /flipcoin function is a better trader then you since March 09

Hammer61

I think most people assume a computer based mechanical system is something very complicated and difficult to program and understand and there are many that are, these tend to be the ones peddled by non trading dodgy salesman and invariably they don't work.

The systems that i have seen work and some including the one i trade work very well are all extremely simple and easy to understand, they make sense and are often no more than a simple entry set up that's applied with good risk management, all the trader has to do is follow a simple set of rules and take each trade.