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I need help with ... (ask any question)

  #261 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
Thanks Given: 57,341
Thanks Received: 26,267


Avi24 View Post
Hiya! I'm new to FIO and a relative newbie to trading. Ive got a question and hope I dont sound to naive..
I currently trade the ES futures market so my question is regarding the ES.
I've been trying to understand why more people dont trade 150-200 contracts at a time. When watching the DOM I see a decent amount of such orders. Yet,from what Ive seen,most retail traders dont buy in such large quantities. Why dont people generally scale up to large level orders like those? Is it because of slippage? Partial fills? Risk? I dont really think it would move the market in any way,so with proper risk management,why not? What am I missing?

Hi @Avi24,

I see you've also opened a separate thread for this question, and have gotten some responses. Although we have the current thread for "ask any question," generally creating a new thread, as you have done, is the best way to put a question to the community, and that's how we usually handle questions here -- set up new threads for them. So you've already found a good way to go in the future.

I notice that @kevinkdog has responded in this thread with the essential point: a fairly normal move in ES would wipe out the very large margin you would have to put up for such a position.

I am adding a link here to the new thread for this question, so anyone who sees this and wants to respond will be able to use the new thread:



Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #262 (permalink)
 Danyelle 
Montreal - Canada
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP
Trading: MNQ - MES - MYM - NQ
Posts: 10 since Sep 2011
Thanks Given: 1
Thanks Received: 2

I want to start a Thread on I>O> but I don't see how to proceed to get going and have my thread set up.

Thanks for your help

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  #263 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
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Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
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Danyelle View Post
I want to start a Thread on I>O> but I don't see how to proceed to get going and have my thread set up.

Thanks for your help

Hi Danyelle,

I can help with thread set up.


To identify the best forum to create the thread in, could you explain what I>O> is please?

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  #264 (permalink)
 Danyelle 
Montreal - Canada
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP
Trading: MNQ - MES - MYM - NQ
Posts: 10 since Sep 2011
Thanks Given: 1
Thanks Received: 2

Hello Xplorer

I.O. meant Futures I.O.

I am exploring a scalp indicator called: ncatZorroFuturesTrader.
This indicator is sold by Ninjacator.

Before I make the decision to purchase this specific indicator, cost $ 997.00 us, I would have appreciated to get any '' Feed back " from anyone that is familiar with this indicator.

Someone that already purchased it, and how satisfied are they ?

Therefore, I am looking for someone that could show me how to upload in to " Futures.IO Thread section " the topic: ncatZorroFuturesTrader " indicator so the entire " IO " community could see the trhead and respond.

Your help is appreciated

Danyelle

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  #265 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,944 since Sep 2015
Thanks Given: 15,447
Thanks Received: 15,291


Danyelle View Post
Hello Xplorer

I.O. meant Futures I.O.

I am exploring a scalp indicator called: ncatZorroFuturesTrader.
This indicator is sold by Ninjacator.

Before I make the decision to purchase this specific indicator, cost $ 997.00 us, I would have appreciated to get any '' Feed back " from anyone that is familiar with this indicator.

Someone that already purchased it, and how satisfied are they ?

Therefore, I am looking for someone that could show me how to upload in to " Futures.IO Thread section " the topic: ncatZorroFuturesTrader " indicator so the entire " IO " community could see the trhead and respond.

Your help is appreciated

Danyelle

Hi again Danyelle,

I saw that you posted your thread separately so you achieved what you wanted


Any other questions just let us know.

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  #266 (permalink)
 Newtr4der 
Manchester and UK
 
Experience: None
Platform: Ninja trader
Trading: Futures - MES
Posts: 7 since Sep 2021
Thanks Given: 2
Thanks Received: 5

Hey,

I realise this may be a very naive question and also potentially quite broad.

What do you look for to determine the current type of market environment (choppy / trending / mean reversion)?

I guess it could be PA, different indicators and time frames, does anyone have any go to 'principles' to help determine with a high probability of being correct?

Thanks

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  #267 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
Thanks Given: 57,341
Thanks Received: 26,267


Newtr4der View Post
Hey,

I realise this may be a very naive question and also potentially quite broad.

What do you look for to determine the current type of market environment (choppy / trending / mean reversion)?

I guess it could be PA, different indicators and time frames, does anyone have any go to 'principles' to help determine with a high probability of being correct?

Thanks

Hi @Newtr4der,

This is a broad but very important question.

I have opened up a new thread for your post, so it will be given visibility and others can respond. You can access it by clicking here:



I expect you will find that traders have many different ways to accomplish this, as well as different perspectives on the question. I hope you find some of them helpful.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #268 (permalink)
 Newtr4der 
Manchester and UK
 
Experience: None
Platform: Ninja trader
Trading: Futures - MES
Posts: 7 since Sep 2021
Thanks Given: 2
Thanks Received: 5

Thanks Bob.

I'm aware of the breadth and subjectivity that will fuel the answers. I'm very open to that and the more ideas / perspectives the better. I want to get as many as possible, test and see what works best and then which suits my 'trading personality'.

Appreciate your help

Chris

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  #269 (permalink)
 
ES Jedi's Avatar
 ES Jedi 
Las Vegas
 
Experience: Master
Platform: Ninja
Broker: Ninja Trader Brokerage
Trading: Dow Futures
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I would definitely steer away from purchasing indicators of any kind... it plays into a need for safety or trying to know the unknowable *where price is going next* no indicator can tell you that and if it could it would not be for sale.

Sent using the NexusFi mobile app

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  #270 (permalink)
 Newtr4der 
Manchester and UK
 
Experience: None
Platform: Ninja trader
Trading: Futures - MES
Posts: 7 since Sep 2021
Thanks Given: 2
Thanks Received: 5



Nasdaq1517 View Post
I would definitely steer away from purchasing indicators of any kind... it plays into a need for safety or trying to know the unknowable *where price is going next* no indicator can tell you that and if it could it would not be for sale.

Sent using the NexusFi mobile app

I agree, I'm not looking for a proprietary indicator that has a 'secret'...

It's more along the lines of I use a 100 SMA on the X chart to determine trend and filter out long or short trades...

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