Webinar: Telvent DTN / Nanex High Frequency Trading (HFT) - Traders Hideout | futures io social day trading
futures io futures trading


Webinar: Telvent DTN / Nanex High Frequency Trading (HFT)
Updated: Views / Replies:11,830 / 59
Created: by Big Mike Attachments:3

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 – 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 don’t 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
 3  
 
Thread Tools Search this Thread
 

Webinar: Telvent DTN / Nanex High Frequency Trading (HFT)

  #31 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received


Laurus12 View Post
Sure seemed like it.

I am not ready to do longer time trading yet. The advantage for me personally with day or sometimes a couple of days is that it forces me to pay attention to what is actually happening. Mentally it can sometimes be too demanding, but for now it has shown me that it is the right choice. If I look for longer time I still have a tendency to get some picture in my head which makes me lose sight.

Laurus

Longer time frame can just mean minutes instead of seconds.

Scalping is the hardest possible thing to be profitable at, based on my knowledge and experience and opinion. So you don't need to swing trade, but you would probably be well advised to simply move away from scalping if you are struggling at all with trading.

I've been preaching for a long time to trade bigger charts with the same or lower risk, by simply changing sizing or the product. Trade micros if needed. Trade ETFs. etc. Just scale up your time frame, but it does not mean increase your risk ($$).

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #32 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received

Does anyone know the difference between a clearing and non-clearing firm when it comes to margin requirements?

If 10,000 of your customers are long ES, and 10,000 short ES, then you have 20,000 customers who have posted margin. But you are net 0, so your margin requirements as the FCM are minimal, a far and away difference than the money you have received as margin collateral.

I would like to know more about how this is handled in terms of clearing/non-clearing firms, if there is a difference.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #33 (permalink)
Elite Member
Norway
 
Futures Experience: Advanced
Platform: MultiCharts, CQG, NinjaTrader
Broker/Data: CQG, DTN IQFeed
Favorite Futures: EURO
 
Laurus12's Avatar
 
Posts: 376 since Nov 2010
Thanks: 557 given, 349 received



Big Mike View Post
Longer time frame can just mean minutes instead of seconds.

Scalping is the hardest possible thing to be profitable at, based on my knowledge and experience and opinion. So you don't need to swing trade, but you would probably be well advised to simply move away from scalping if you are struggling at all with trading.

I've been preaching for a long time to trade bigger charts with the same or lower risk, by simply changing sizing or the product. Trade micros if needed. Trade ETFs. etc. Just scale up your time frame, but it does not mean increase your risk ($$).

Mike

Sorry, lost perspective regarding the topic and misunderstood you for minute there I think. A 3:15am in the morning problem

I see your point. I have never seen it as any goal to do scalping. It's too far off from what I am doing.

Laurus

“If you wish to see the truth, then hold no opinions for or against anything.” - Hsin Hsin Ming
Reply With Quote
 
  #34 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received

Tip


The webinar recording has been posted:

Webinar: Telvent DTN / Nanex on High Frequency Trading




Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
  #35 (permalink)
Elite Member
Sydney / Australia
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: AMP
Favorite Futures: Oil
 
Posts: 116 since Jun 2009
Thanks: 125 given, 103 received

Fantastic Webinar. Highly fascinating. Wonderful Job!

Reply With Quote
The following user says Thank You to jthom for this post:
 
  #36 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received

Eric sent me a link on the comparison of growth in quotes vs trades:

Nanex ~ High Frequency Quote Spam


Nanex
It's not high frequency trading (HFT) that concerns us. It's high frequency quoting, and it should concern everyone. The two images below tell the story. The chart on the left shows the growth of high frequency quoting. The chart on the right shows the (lack of) growth of high frequency trading. Quote data is from CQS, trade data is from CTA, both which cover listed stocks on NYSE, AMEX, and NYSE-Arca between 2008 and 2012. Quote spam has exploded with no signs of stopping, while trade frequency has stalled and is actually lower than it was years ago. Each day is plotted in a separate color over the course of a trading day (9:30 to 16:00 Eastern): older data uses colors towards the violet end of the spectrum, recent data towards the red end of the spectrum. The gaps you see between color groups on the quote chart (left-side) is when system capacity was upgraded to handle the increase in traffic, and quote spam jumped to fill the new capacity that very same day.

(left) Quote Message Growth (right) Trade Message Growth
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #37 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received

I came across Eric's (Nanex) YouTube channel, some killer stuff, love the way he conceptualizes these things.

EricHunsader - YouTube



















Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 8 users say Thank You to Big Mike for this post:
 
  #38 (permalink)
Elite Member
CO
 
Futures Experience: Intermediate
Platform: NinjaTrader
 
Posts: 29 since Sep 2009
Thanks: 228 given, 45 received

Great Webinar

Having just read Patterson's book, I found this webinar both timely and extremely informative. I wish I had been able to catch it live.

I hope we have more webinar's like this one.

Thanks to Big Mike for such great webinars!

Samurai

Reply With Quote
The following user says Thank You to samurai for this post:
 
  #39 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received

Looks like a popular webinar. Over 1,000 views of the recording in the last day.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #40 (permalink)
Elite Member
Victoria BC/Canada
 
Futures Experience: Advanced
Platform: Investor RT, Ninjatrader,
Broker/Data: DTN/CQG/Rythmic
Favorite Futures: ES ,Currency Futures, Oil , Gold
 
Posts: 41 since Nov 2011
Thanks: 95 given, 29 received

A Don't Miss Big Mike Presentation


A whole bunch of us went back for another view, and we told a lot of people to watch this one, it's a beauty!

Reply With Quote

Reply



futures io > > > Webinar: Telvent DTN / Nanex High Frequency Trading (HFT)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
HFT High Frequency Trading Michael.H The Elite Circle 806 August 20th, 2017 09:10 AM
High-Frequency, HFT, Algo, Flash, New-Thread Locust Traders Hideout 21 January 30th, 2014 04:22 AM
Goodbye High Frequency Trading - Regulators Seek Secret HFT Codes kbit News and Current Events 1 June 20th, 2012 06:28 PM
HFT High Frequency Trading tracking timmyb The Elite Circle 32 December 12th, 2010 03:11 AM
High-frequency Trading fiki The Elite Circle 17 January 15th, 2010 11:17 PM


All times are GMT -4. The time now is 11:17 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 2017-12-12 in 0.15 seconds with 20 queries on phoenix via your IP 54.234.255.29