I must have missed it, can you post a link? I had computer problems, CPU was > 90C and I had to take everything apart and clean it and put it back together.

Cunparis,

Exactly !!!
That's why I'm trying to find as much as possible on "old school" as well as on pit trading.
BTW have you seen in Fredy's thread what I've wrote you about idea of a few simple "raw" volume indicators ?

Krgds,
Andrew

Nope, not selling anything, just sharing some information to make my 10 post to download something that I wanted to look at. So you can go back to making stupid claims without anyone pulling you up on it because i'm now gone.

now please feel free to delete that post and put me on ignore again.

since I already know nobody will miss my posts, I'll better not waste anymore time.

which is the better trader: trading 5000 lots for 20 - 30 points per week, or trading 10 lots for 30 - 50 points?

Oh and for the record.... no I wasn't downloading an indicator, I was messing around with data files...

First off all in regards to your comment about size doesn't reflect the skill of the trader. If you do infact come from a professional background, then you'll know that as your profit targets are met, your limits are increased by the firm. Your size is increased until a point where the firm feels you can't handel anymore size. If you have successive down days, your limits are lowered until you hit your targets again for higher limits.

Yor second comment about who is the better trader, the trader doing 20-30 pts a week on 5000 lots, or the trader doing 30-50pts a week on 10lots. For someone who is supposed to be a professional trader, that is one hell of a ridiculous comment. Well, first of all, i've partly answered this stupid question in the begining of the post. If the trader on 10 lots was so much better, then the firm would increase his limits and he wouldn't only be trading just 10 lots. Secondly, when trading large size, you don't have as much freedom in regards to getting filled at every price like you would on just 10lots, so a trader trading much larger size has to be more selective of his trades to be able to use his full limit, so trades will be taken at slightly different places and will be iceburged or ghosted into the market. I would know this because back when the Bund was much more liquid, I was trading 5000 lots in that market, as well as doing various spreads in the Bund, Bobl and Schatz, and I still trade 2000 lots in the emini spoo every day.

In regards to volume... there's nothing like miss quoting someone to try and make yourself look better is there? You strike me as if you have some complex issue's and are trying to prove something to everyone... What i actually said, and everyone is able to go read the post to see.... traders tend to fall into two camps, those who find volume useful and those that don't find it useful. I said that 'I PERSONALLY' don't find volume useful at all because volume on it's own doesn't give you any information. A volume indicator is not telling you what side of the market the trades are taking place, and at what exact price the size is trading, and volume alone isn't able to show you were supply is being aborbed by demand or where demand is being absorbed by supply, and this is extremely important when you are trading large size, which goes back to my point of a trader trading larger size has to be more selective in order to execute all his size. Seeing as you clearly think you know it all, tell me this... with just volume alone, how are you able to see where people are stuck long or short in the market and at exactly what prices their stops are liquidating which provides the best opportunity to use large size? You obviosuly don't know this, and you obviously haven't traded any size before, and this leads us nicely back to the first question of who's the better trader... the 10lot tea boy on the trading desk, or the 5000 lot trader...

As for you laughs about comments regarding sims/graduates.... Once again if you were indeed a professional trader, you'll know that there is a very high cost involved in training new traders on a trading desk. The cost of of CQG, TT, Reuters etc per head on the desk is extremely expensive, and it's not cost effective to have people just sat on a simulator for months, and that's why firms quickly weed out the no hopers such as yourself. Also you're stating you're a professional trader at a firm or investment bank that has no graduate recuitment program? Your spare bedroom doesn't count as a professional outfit you know...

Also, yet another point... if you were or are a professional trader... what are you doing trading through AMP which is an introducing retail broker? That's what you have listed in your profile...

You see, the problem here my friend... when you prance around talking rubbish trying to pretend you're something that you're not, one day you bump into someone who is actually someone who you're trying to portray yourself to be, and they pick you to bits infront of everyone for everyone to see you for the fool that you are. Have some respect for the industry and the people that have earned the right to be a professional trader.

Oh and for the record.... no I wasn't downloading an indicator, I was messing around with data files...

what are you doing trading through "ABC" which is an introducing retail broker?