I've been looking for feedback on the ES room that Market delta has just begun. It's run by somebody by the name of Anthony Drager. A search brings up some old videos from a company that no longer exists. I'm curious if anyone has any opinions Good, bad or ugly ?
Thank you for considering a reply and may your shorts stay down!
I think he was selling some stuff before as a single entrepreneur. If i remember it was called Ant trading. He must have found a real job at market delta as trading as your sole source of revenue is a risky adventure.
I have been on a free trial at his room where he was running his Ant trading strategies.
He and his trading buddy traded mainly 2 strategies:
1) a divergence strategy based on an intermarket divergence! I think thats a very solid approach and i use it in my trading as a heads up, f.e. if the DAX makes a new low but the ESTX50 does not and long might be reasonable.
2) Orderflow based trading: He provided some S/R areas premarket and then looked for orderflow patterns to trade off.
What was kinda unique was the fact that he called out trades before he took them. He had his DOM open at all times and you could see him placing his resting orders (limits and stops) to get into the market.
I really liked the transparency. However, due to personal committments i could only join 2 days that week and then the trial was over. I didnt become a client but the trade room, his approach and his knowledge seemed to be professional!
I might join for a month in the new market delta room but I will have to see how i do this to not interfere with my own trading! Thats the main reason I dont like trade rooms. Its a big distraction and I lose my own focus...
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I met Anthony through a Bond trader around 2006 and spent a couple hours with him. He was spread trading then; I was learning to trade Bonds and learning about order flow in particular. Anthony would go through his trades at the end of the day and some of what he talked about was lost on me at the time. I don't remember if they were 30 yr/10's or Bond/Bund (I watched a few different traders off the floor); I assume that he would look for best opportunities.
That said I'm not sure why he migrated to MD, except it is not uncommon for traders to adapt and look for new opportunities. I just received MD email with 2-day free trial with Anthony today.
Everything I know about him indicates that he is a pro... but as most people acknowledge the method has to fit the trader. See what you can learn I'd say. No big out of pocket expenses so you can walk away after a month.
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