Recent content by econbizer

Confidence man scam. Do not be fooled. Ask him to explain a gamma squeeze or delta neutral adjustments. He has been "teaching courses" for the past 10+ years when he still had hair, claiming he is going to be the next warren buffet. See Monetary Authority of Singapore REPRIMAND for deceiving...

about that gut feel, it is good. it may not be enough. had that feel too when i went to that small prop. looking at the guys that stick there, they c things v.differently. 1 was a great real-time strategy gamer. another had a weird personality & did some memorable trades i will never b able to...

hi stc, like the amount of effort you have put into looking for a prop firm. while i cannot offer you the exact help you r asking for, <a prop firm>. can offer some insight here. joined a small prop (not in london) many yrs ago, was not charged for education & was given a small base salary...

anyone here profitable to the extent that betfair has booked you for their 'premium commission' structure? this was a huge reason i didnt start on sports, & instead went the route of trading futures https://bitedge.com/blog/betfair-premium-charge-explained-by-former-employee/

like your re-hased ebooks on wycoff! it's v. ironic that while the 'straight line approach' is so simple, that 90++% of newcomers looking for the 'holy grail' will be unable to accept it your ebooks r great for 'old' newcomers, who have explored indicators. & r beginning to understand that...

Thanks for your recommendation! More research is telling me that there is no difference for futures brokers. For eg, dorman & optimus both state that your account funds r held as “Customer Segregated”. This segregated account structure protects you from suffering a loss, should your broker or...

The issue I am having with these discount futures firms are that there is absolutely no protection if they go bankrupt. Most of these firms r just white labels, going thru a real broker. At least IB is registered with Securities Investor Protection Corporation. However, AMP futures & Ironbeam...

Thanks for your info T44. I m holding back with optimus that goes thru amp futures at the moment, until I clear up issues like reliability. Has DDT been in the industry for long.. reputatable with reliable fills in your experience? I m using IB. slippage on YM is normal. either price slips past...

I am interested in TT's algo design lab. If the costs for TT has come down, I would definitely go for it. can you share an idea of the lowest cost for a TT setup?

TT is great for.pure bid-ask scalpers going for a few ticks. They have very very advanced conditional entry orders. For eg you can place an order at the next bid above the current price ONLY IF the bid size has a minium of 30 contracts. This would have been a huge edge 10 years+ ago before algos...

Thanks for sharing your knowledge bootsyjam! I did use TT before in my younger days. It's pretty overkill even for an intra-day scalper. Mostly good for inter-market arbitrage scalpers back in the day.. not so much now with algos getting all the arb now. It looks good.. but you can do much...

TT is very expensive.. any suggestions for access to it with a reasonably priced broker?

Good luck! ES & YM big caps were leading yesterday. Noticed NQ, which was leading the charge up before, lagged. Implies bullishness across the board after Trump's tax news to be announced in coming weeks. This gives time + space for the drive up to 2.0fib. Nice double bott bounce off a weekly...

You r right on patience. I killed myself taking bordem trades & realised it stupid+expensive. Now I keep an eye on the chart while doing other things like learning or relaxing via dramas. I wouldnt trade futures on a phone connection. wouldnt want to be caught long or short when the connection...

Good info there, which you can only uncover from experience. I think u can pretty much trade everything. What I trade right now is purely due to timing convenience & pocket size. ym & fx. For futures, my timezone convenience points me to kospi (v little trades) & dow jones mini. using a tick...