326 trades in one day

Steve have you ever traded lightspeed?

It has direct ecn orders.Direct Nasdaq level 2 feed is what every level 2 platform is.Please start getting some facts correct and stop posting rubbish just because you enjoy being a nuisance.
 
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nas

lightspeed (tradescape/prop shop) is a specialised platform - and yes - every trading platform that is like lightspeed is like lightspeed - cant get your point there?

the point i was making, badly it seems, is that the level 2 data on lightspeed is direct from the nasdaq and not via a data supplier

and me use something as sophisticated as lightspeed - no way - i am still using the fax to get my fast orders into play
 
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The hardest thing for newbies on BBs, including this one, is being able to distinguish those posters who know what they are talking about and can and do walk the walk, and those individuals who post vast numbers of unendingly critical comments and seem to have lots and lots of time to do so and merely talk the talk.
The latter group rarely post constructively, enjoy having their sad little digs and only demonstrate their ignorance and general rudeness.
These comments are not directed at any one individual in particular, although anyone who feels they recognise themselves can wear the cap if it fits them.
 
Mr. Charts

i agree - 100% - its hard for newbies and learners to spot some people making posts for ulterior motives - as opposed to fellow learners debating and discussing the opportunities to make big bucks in the markets
 
Can I remind members to please keep posts on topic and respect each other's opinions.

Thanks,
 
Steve

I have never hid the fact that i'm a trader and a trainer.Its on the front page of trade2win for all to see.If there is a thread on which i know something about like this one is not right for me to make a comment? Or am i banned because i train people?

You on the other hand are only on this thread to make a nuisance because you dont like trainers and think that every post we make is to drum up business.

In the process of being a nuisance you post a lot of ill informed opinion that is made to sound as if it is fact which could be confusing to many.

Instead of knocking things and having digs why not offer some constructive trading ideas.Like we as trainers very often do, to help others.
 
nobody has answered my questions.how much has this guy got of his own money on the line at any one point in time and how much is his rate of return for all his efforts
can any body give me some clues
 
Can I remind members not to discuss their bodily fluids on the forums. :cheesy:
 
Stevet ,

Although I understand your point regarding over trading but it is quite possible to trade that amount / day .. Some of my trades in the PAST has been less than 20 seconds ( in the absence of signal for a pair trades or a VWAP trade ) . However it would be exhausting to make 300 trade a day and I personally would not want it...

This is some of my trades in th past that has taken less than few minutes to execute, and exit.. The average gain has been around 12C which probably makes it un- attractive to average trader but still win is a win even if it is 1C.... Now a days I only pair or VWAP trade unless if I donot get a signal from my scanner by around 7 PM which I then will trade using other low risk methods I know...
 

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Grey1

sorry, i am not sure what i said to indicate a dislike for over trading - i dont even think there is such a thing!

i guess there is "over losing ", but no such thing as over trading -assuming you end with a positive p&l at the end of each trading day

a by product of doing a lot of trades is getting your commision down and a by product of that is that with lower execution costs you in fact have more of a chance to make money

i go for 100s and 100s of trades every day - i dont see how anyone can make a living doing only a few trades - but good on them if they can!
 
dentist007

when you are a succesful trader - issues over margin can sometimes get lost since the broker knows that you are not gonna screw up

and if you traded 150 r/ts a day - it does not mean you have 150 open positions at one time - you might make 150 different trades, but one after the other - so a high volume trader - might only have a margin amount for one trade

taking trades - cutting quickly at a scratch or a small loss when you get it wrong - as long as you have your methodology right - will keep your p&l positive and make your returns on capital look very impressive
 
nas

you act as if this is your own private forum

i post my opinion and you are welcome to post yours

and people viewing our opinions can make up their own minds

if your opinion is that you think i dont know about trading - fine - but that may show others something of your own knowledge of real trading

please confine you comments to pointing out where you think i am in error - and please stop being insulting
 
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steve
then I suggest you include phrases like " I think...." or " maybe...."
in your postings

that will make it clear that there is room for doubt.
 
There are some very funny posts on this thread.

I haven't laughed so much for ages.

I think Michael Jackson is from another planet, too ;-)
 
dentist007 said:
HOW MUCH TESTOSTERONE DO YOU HAVE TO SECRETE TO PERFORM THIS NUMBER OF TRADES


You shouldn't need any 'testosterone' to perform this number of trades. Your mind needs to be focused on the job and that's pretty difficult if your hormones are raging and you don't have mental calmness/stability. :cool:
 
bonsai

why is that my opinions seem to carry so much weight that i am now supposed to add "i think" to them

i guess all people's posts are what they think - and anytime i am posting something where "maybe" is appropriate - i of course would add it

why doesn't T2W just put a massive sign at the bottom of each and every person's post that indicated that the comments made may be right or wrong - and are the persons opinion

but why dont other posters on here query any points made and correct errors specifically as opposed to just insulting someone taking the time to make what they believe are correct comments

when naz posted an incorrect chart of the indu when he was talking about the diamonds, another poster pointed out to him that the chart was incorrect

when naz replied that the indu chart he has posted was bascially the same as the diamonds chart he should have posted, I pointed out that if anything the diamonds are more like the futures, and that is was important to understand that all the dow indicies are different in their moves and ranges - so it is real important not to consider them as the same in any way

when naz makes reference to matched prices shown on level 2 with the bid and ask are the same, i pointed out that this could be a real misleading and expenisve errror for traders to believe, since sure, the prices match or cross occasionally, but the spread will then immediatly widen to a cent, two cents or more, and also thatin fact, if you think about it, one side of the spread is probably correct, and also that you might only get this on the in and not the out of the trade -

naz has his own reasons for pointing out an apperant aberation in pricing and making a mystery of it - i was poiinting out the facts in relation to his post and i dont charge people, so i dont try to make a mystery of stuff

and surely this is what the idea of a forum is - i have no reason to post on here apart from getting into debate, discussion, maybe making some helpful posts, maybe learning something, and i am just like the majority of posters on here

perhaps anyone who is using the forum and making posts as a way of marketing themselves, should add that fact to each and every post they make, so that newbies and learners can realise right from the begining that perhaps posters who are looking to make money out of newbies and learners on here, may have ulterior motives in their posts, and those learners and newbies can view those posts in that light

it would also be good if it was added that T2W does not have any verification of the trading experience or knowledge of these people - and that people should get their won verification of any claims made by those using the forum to market their services by making posts,before they spend any money

but why not lets get back to posting stuff about trading now - and about parts of trading, and it would be great to get off this bully boy tactics

forums are about giving opinions and debate - if you have a technical point about trading to make - go for it - if you have a methodology to explain - lets hear iit - if you think i have made a technical mistake about trading - let me know - but as i have been trading for a long long long time - you might want to double check any errors you think i have made, before querying them
 
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steve

I didnt say that your opinions carried any weight at all.

what I suggested was that in order to distinguish within your
assertive tone what is fact and what is opinion, it might be helpful
to differentiate the one from the other.

as to the trading astuteness of others, I would ony add that looking back on your posts, I cannot find any trading activity at all.
That seems a great pity. They dont have to be real time. Just examples, so that others can identify with your methodology
through practical examples.

Perhaps you would like to start your own thread and do so. In this way you could demonstrate your abilities and use that thread to try and help others.
 
bonsai

trading is about having a specific methodology that you trade - there is no one specific one - there are many methodologies that can be traded - what they all share is that they are specific and give the trader an edge

but on top the trader needs to find one methodology they really believe in - since if they dont - they will not follow it exactly and therefore the basis of making a profit will be lost

and this is something i try to get over on a continuous basis

my own trading is focussd on very illiquid derivatives price deviations, intra-market analysis, utilising proprietary real time computer programs , and putting a fair bit of money on the line on each trade

perhaps not suitable for most as a way to trade

by the way, i appologise for my direct and confident manner - but i am direct and confident - and i guess if i wasnt - i would not be a trader!
 
steve
I dont think we are really interested in how much money you
put on each trade. It seems to me that is a private matter.

But from what you say about your trading, I think it would be very interesting to see practical examples of your methodology in action.

Even if we have been trading for longer than you.
 
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