Position Trading with EOD data - Commodities Futures Trading | futures io social day trading
futures io futures trading


Position Trading with EOD data
Updated: Views / Replies:316 / 5
Created: by Hodon Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Position Trading with EOD data

  #1 (permalink)
Elite Member
Citrus Springs FL/USA
 
Futures Experience: Advanced
Platform: Omnitrader, TWS
Favorite Futures: ES YM NQ BP AD HE S W SM HO RB
 
Posts: 5 since Jan 2016
Thanks: 1 given, 1 received

Position Trading with EOD data

I recently have moved from the hectic pace of day trading and am now position trading. Since I am placing trades MOO after EOD analysis I wonder if I really need the RT data.

It is a day trading throw back that I want to see the price at the moment but do I really need it. My plan is to just place the trade MOO.

Has anyone done position trading with EOD vice RT and what do you think?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, TWS, Vantage
Broker/Data: DeCarley, IAB, RJO
Favorite Futures: Commodities
 
Posts: 1,087 since Nov 2014
Thanks: 1,440 given, 1,290 received
Forum Reputation: Legendary



Hodon View Post
I recently have moved from the hectic pace of day trading and am now position trading. Since I am placing trades MOO after EOD analysis I wonder if I really need the RT data.

It is a day trading throw back that I want to see the price at the moment but do I really need it. My plan is to just place the trade MOO.

Has anyone done position trading with EOD vice RT and what do you think?

My medium and longterm trading is more successful if I forget about intraday charts and only rely on end of day data. As end of day I use the closing time of the former pits (eg. 1.15 pm Chicago Time for grains).

Once in a while I get into or out of a trade because of an intraday price move. More often than not this is a wrong decision.

Best regards, Myrrdin

Reply With Quote
The following user says Thank You to myrrdin for this post:
 
  #4 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,078 since Dec 2013
Thanks: 1,723 given, 3,279 received
Forum Reputation: Legendary


Hodon View Post
I wonder if I really need the RT data.

I think you will find that many/most brokers will only allow you to execute trades in markets that you have RT data for (but I could be wrong).

Reply With Quote
 
  #5 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, TWS, Vantage
Broker/Data: DeCarley, IAB, RJO
Favorite Futures: Commodities
 
Posts: 1,087 since Nov 2014
Thanks: 1,440 given, 1,290 received
Forum Reputation: Legendary


SMCJB View Post
I think you will find that many/most brokers will only allow you to execute trades in markets that you have RT data for (but I could be wrong).

DeCarley and Interactive Brokers allow for trading without having real time data. IAB will give you a warning, but you can overwrite it. (As I work with more than one broker I do not buy RT data for all of them.)

Best regards, Myrrdin

Reply With Quote
 
  #6 (permalink)
Elite Member
Citrus Springs FL/USA
 
Futures Experience: Advanced
Platform: Omnitrader, TWS
Favorite Futures: ES YM NQ BP AD HE S W SM HO RB
 
Posts: 5 since Jan 2016
Thanks: 1 given, 1 received


SMCJB View Post
I think you will find that many/most brokers will only allow you to execute trades in markets that you have RT data for (but I could be wrong).

yes, I only do analysis with the data in Omnitrader and trade it at (IB). I can link my platform to IB and trade directly but I am only trading EOD so just trade manually in IB.

Found out this morning that there is so little $ difference in having EOD vs RT is isn't worth it to not have RT.

Reply With Quote

Reply



futures io > > > > Position Trading with EOD data

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
EOD historical worldwide data algomalgo Reviews of Brokers and Data Feeds 1 October 29th, 2014 12:26 PM
How to merge two data sources ? EOD+RT enjoyaol MultiCharts 2 January 29th, 2012 01:29 PM
EOD DATA PHELIX EEX ?? Locust Reviews of Brokers and Data Feeds 2 March 25th, 2011 07:57 AM
Best Data Provider to compliment Zen-Fire for Mkt Internals & EOD Data? waverider Reviews of Brokers and Data Feeds 17 October 14th, 2010 11:33 AM
MultiCharts outside US with EOD Data Sharkie MultiCharts 2 April 28th, 2010 05:16 PM


All times are GMT -4. The time now is 02:35 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-11-23 in 0.10 seconds with 19 queries on phoenix via your IP 54.224.121.67