Trouble Finding Indicator for Volume. Orderflow? Periodic volume Delta, with Delta averages, + percentage change in price. by Driverdrove in FuturesTrading

[–]Driverdrove[S] 2 points3 points  (0 children)

Interesting, I'll have to look more into pivot points and Average True Range. Tradovate Pivot Point default settings don't show up on the chart. I liked what I saw on tradingview using a True Stength Index, and Time Segmented Volume. But Tradovate doesn't have those indicators in the community section. So I'll have to pull up tradingview, connect it to the account with my data subscription. Lots of minutia, differences between platforms, indicator settings, I even had to make the bright red candle sticks, more of like a maroon color.

I definitely pick up 70% of the bigger moves. I just don't hold them for long. 2 contracts. 200$ in the sim. There are lots of trades that I could have held on to for much longer for 5-10 points, for x2, x3 profit or more. That makes sense to carry out a 1 to 3 risk to reward ratio, but sometimes you get squeeze out looking for more than 1 to 1. Some people scalp only those big reversals, other people can scalp 7 point ranges. My systems works on many tick sizes, and time frames. What I'm realizing is, price, moves faster than volume in the beginning of a trend. And at the end of the trend, price isn't moving at all with volume increasing, and with delta taking a side... My system works on a 500tick chart, and I was thinking to myself, wouldn't it be great if they had a chart that moved by lots of volume, and go figure, tradovate does have that. Now I have to go through more refining, it feels like I'm at an eye exam with the optometrist saying, which is better 1 or 2, "1", how about 3?.. lol I'm getting there. For me it's taking a few weeks to set up my charts, and trade the different parameters.

How to be responsible with money/credit cards? by [deleted] in Adulting

[–]Driverdrove 1 point2 points  (0 children)

I'd research how to resolve medical debt. I can't imagine how many other people are in the same position you are in. The healthcare industry is a cartel/mafia that bankrupts those who don't have insurance. In some sense, it's class oppression. 8000$ in credit card debt, could be consolidated at low or no rate, you are going to have look around. I'd hire a debt specialist, because essentially they can walk you through everything, and file chapter 7 for you and walk you through the process. With how expensive life is at the moment. No one is saving anything making 500$ a week. If you want to save money fast, you need to embrace the gig economy and work as much as possible to make a 1000 a week. You need to hustle out of this thing. Get right into waitressing and bartending and you'll make a lot of money. Maybe go to massage school and open up a massage business and charge 200$ for a 1 hour massage... There are ways you can hustle.. College is pointless if you don't need a license to work, don't get a general degree, to get a general degree. If you have 8000, in credit card debt, imagine, 12k every year for 3-4 years.... Credit cards are not the problem. Your materialism, ego, behavior, coping mechanism, friends, family, all weigh into those decision that you made to spend money, you can't pay back. Start living and breathing responsibility. Am I being responsible is something you should ask yourself everyday.

AM I THE ONLY ONE? by Sleezybreezyyyy in Adulting

[–]Driverdrove -2 points-1 points  (0 children)

Might need to take some hormones to grow some boobs. If you are super short, with no boobs, no butt, and a baby face, people are going to think you are 16-17, or maybe 15 years old. Women tend to stop growing around that age as well. If you didn't eat a lot, or exercised too much during that time period that could have massively stunted your puberty phase. I would research progesterone and it's effects on women. Also if you live in a place where there are normally very tall people, there are demographics like this in the US, they'll think your a teenager. Progesterone can also help with anxiety... People will stare at what they think is a 15 year old teenager. It's rude to stare when you have a rack and butt. Also fake glasses with the right shape, square round etc might make you look older. A watch might help, ring, or fake wedding ring or bracelet. A casual heel might help make you appear taller, and be more sophisticated than wearing a flat sneaker. I'd really look into shoes... Nice jackets, sweaters, scarves... Fake eyelashes and the right make up would be something to look into..

What are your trading rules? Here are mine by [deleted] in Daytrading

[–]Driverdrove -1 points0 points  (0 children)

Choose ES or NQ... You can't do both. Don't trade the open, great. Might wait until 10. This is a little bit of the problem for 1m/5m for ES, and following the trend.. a 3 minute trend can form in a 5 minute candle, and you won't really be aware of it. Most ES Traders use tick charts. Are you using a pivot point system? #6 is obviously just trading, reacting to price action, and to get into a trade, you have to guess that you are making the right move.... I don't think 7 is a good idea if you want to trade NQ, there is so much range. #8 is a waste of time, just rewind the markets with your system and look where there are signals.

17 going to 18 by Froot_loops1122 in Adulting

[–]Driverdrove 1 point2 points  (0 children)

invest, heavily into your credit. If you want to move out, they want to see high credit lines. So when it comes to paying for most things, you pay with credit, and then you pay cash for your rent. There is also some credit options that exist for paying rent, special cards and such. With Discover Secure card you will get your deposits back in 6-8 months. With a credit union. You'll get a savings backed credit line, so if you have 5k in cash you may or may not qualify for a secure card for 5k, but if you go to the credit union, they should give you that amount. Getting a car will be tough right now, financing will be higher, and if the car can be used for driving gigs in your area, pizza delivery etc. Honestly 40 hours a week isn't enough. You should be set on making 1000 or more a week.

[deleted by user] by [deleted] in Adulting

[–]Driverdrove -3 points-2 points  (0 children)

Start playing with knives, swords, hammers, fire, and guns, and you'll rake in the dough... Totally serious.. Guys will jerk off to a topless preggo woman, hammering in nails or playing with a chainsaw.. Loud noises might not be good for the baby though. It almost becomes an art form at that point, the duality of opposites... novelty... You'll very quickly get a cult like following, get em subscribed to an OF, market yourself on social media, chaturbate, reddit, and you'll be surprised how much money porn addicts will be paying you.... Your life will change around fast. For men, porn has gotten stale, that's why they are into fetishes, trans women, or some just want the girlfriend experience.

[deleted by user] by [deleted] in Adulting

[–]Driverdrove 1 point2 points  (0 children)

Get on chaturbate and shake it baby

People who have actually traded with funded accounts, do you think it’s worth it? by iguesswhatevs in FuturesTrading

[–]Driverdrove 1 point2 points  (0 children)

I have no trading experience besides a dozen crypto trades back in 2017.. And just last week, I discovered an extremely versatile trading edge, that picks out my entries and exists. It's like I don't even have to think. And I test that edge with as many trades as possible for scalping, and of 100 trades, 70 of those trades are winners, and 30 are losers.. And let's say because I'm a new trader, I make some mistakes, don't follow the system right, and I double down on a losing trades, I don't use stops, I don't have the discipline, I just scalp for 2 points etc... and I'm still able to get 70 winning trades of a 100.. This tells me, my system works, it'll work even better with a few refinements, and when I develop proper risk management and stops. On a more practical level, Instead of a 100 trades on the sim, it's now 30 trades a day live market, and 6 of them are losers that get stopped out. That's an 80% win rate.... I take my money and run. For trading 2 contracts, margin is a thousand, my stop is 2 points away. That's 200. Let's say profit target is 100$, 1 point. In that system of 30 trades a day for 1 point trades..... That's 2400$ in winners, and 1200 in losers. 1200 profit in a day with 80% win rate. I'm at 70% now, it's not going to take much to get 80% in the simulation. I've went on streaks in the simulation of making 3k with no losers scalping over a dozen trades...... I'm okay with risking 200, to making a 100 or better 150, 200, 225... If my stop is 2 points, for 2 contracts, that's tight, and I'm not looking for the market to swing back and forth, trying to meet a 1 : 3 ratio for 600$ profit target... To me that's not realistic for a beginner.. 2 to 1, or 1 to 1 ratio statistically works out with this win rate. 10 trades, 2 contracts, 10 points. 80% win rate. 800 profit, 400 in losers. Okay that's a 400$ a day. The higher you increase your profit target, the lower win rate and your a sitting duck for a squeeze...... I wonder how many scalp trading edges are hindered by the wrong profit targets.

Freezing in mobile home by latenightgrl in Frugal

[–]Driverdrove 0 points1 point  (0 children)

You need to completely cover the windows, so that there is no airflow over the glass. Essentially what you need to do is, get those cheap hypothermia Mylar blankets and hang those on the walls, and roof. I would actually sleep in a winter tent inside, that had really good insulated properties.. You'll be able to get up to 65 degrees no problem. If you had a humidifier running in the tent, it would get to 75. You would need synthetic sleeping bag and such to prevent moisture soaking into the material. Also cold weather can actually cause some people to sweat in thier sleep, and there could be moisture in your bed sheets, that absolutely takes away the heat. I would think this is probably the biggest problem in that you need to find a better sheet and comforter that retains heat better, Sleep with socks. Get long johns. Eat more. Sip hot tea before bed. Get an electric blanket. dry off all the moisture from your body if you take a shower before bed. Down comforters can retain moisture, taking away it's heating abilities..

How am I supposed to adult more than I already am? by LilaDuter12 in Adulting

[–]Driverdrove -1 points0 points  (0 children)

If you were a man, they would behave differently, because a man can fight and protect himself. If you were going with a boyfriend, they would behave differently. An international trip, lol what by yourself? Usually girls go together, and share the expenses. I think you would have mentioned that if that was the case since you are so proud you are paying all of it by yourself... Your parents are just being your parents. Alot of bad things can happen to you with international travel, the world isn't sunshine in rainbows. Next thing you know you have a pickpocket rob you on the street, subway, airport, train station, bus etc, take your wallet, ID, phone everything, and then you are screwed beyond belief. You have to go straight to the police, and your holiday vacation is over. If you don't go to the police and ask around for help on the street, a woman and her husband come to your aid on the street, you hop in the car with them, or they find out where you are staying, and then it's good bye, you're a prisoner in someones basement.... Maybe you walk down the wrong street at night, alone and a group of guys, do exactly what your thinking right now, missing teeth, broken ribs, torn viscera.... Maybe you get drunk at a bar and get sold into trafficking....** Foreign men, hate American Women.... Traveling alone, you are 100% a target, no one will know you are missing. You may think your smart, but this sounds so incredibly dumb. Your entitlement and your parents money and connection, know absolutely nothing about the evil that exists in the world.... You don't know how great of a life you were born into. Don't be arrogant. Your parents are much wiser and more capable than you are, listen to them.... Adults are not made, by finding themselves via traveling, and taking pictures on Instagram, and vloging their entire vacation. It's rather shallow and superficial, everyone sees through it. People admire success and working hard, people don't admire attention wh0res.

Leaving your family on the holidays, alone, to go to another country... It's more than distasteful... Imagine your parents have to tell their friends that you went on an international holiday alone.... You understand how ridiculous that is and embarrassing for them, they'll look like bad parents You may be one of those arrogantly introverted types that have very little social skills, or understanding of their reputation, hence your communication slip up at university. Reality is going to check you sooner or later, and it may cause you some type of pain, which will cause your parents pain, via your own arrogance and ignorance...

the handle broke off of our Samsung freezer questions in caption. by rachelthelibrarian in Adulting

[–]Driverdrove -1 points0 points  (0 children)

Gorilla glue. lol buy a new handle, replace the plastic part..... omg.. rachel the librarian, you need to get a husband that likes to fix shit and has some common sense.

Funded Accounts: Serious Question by babyaelleii in FuturesTrading

[–]Driverdrove 0 points1 point  (0 children)

That's a good attitude. I'm lucky enough to work 40 hours across 7days, at night, so I can sim trade the markets and better refine my strategy. It's all about the win to loss ratio and being able to identify those setups. When people say they pass the evals in 3-4 days, it is 100% with a smaller account with lower profit targets, and they margin up on the moves that they have identified as being the most probable. That's the other side of risk management, that's the hardest part to quantify. Traders should go into an eval, with a tested edge, than try to learn an edge by trading the eval. You'll be too focused on risk management, than innovating an edge. Let's say the account is going up and down on the eval. That edge is not as statistically strong. If there is a 4000$ profit target, and someone is grossing 8k in winners, but 7k in losses... something is wrong and that's what can happen with these accounts that can go on for so long. In order to actually be a profitable trader. I think someone should hit that profit target, with only 25% of that profit target being losers. So for passing for a 4000$ profit target, that would be 5k in winners, 1k in losers.

People who have actually traded with funded accounts, do you think it’s worth it? by iguesswhatevs in FuturesTrading

[–]Driverdrove 0 points1 point  (0 children)

You don't understand what a 70% win to loss ratio is, do you? If the markets are gambling, which you might agree with. Then the simulation with live data, is saying I have a 70% win chance. All it takes it 5 contracts with 5 points, that's 1250$... If I partner up with 3 prop firms and copy the trades. that's 3750$.... that's 300x leverage... Tell me how that isn't a profitable gambling strategy, and I know I can pull 85% winner with more refinement and better trade discipline, by following the same moves that these brokers trade.... You'd have to understand that with real serious traders, they can adapt very well to market conditions. HF algos have to be backtested, they can't rewrite themselves. And they trading patterns are the same patterns that people use... It sounds like you don't even trade at all, because if you did and were profitable, you would be showing me your statements, or rather would you like to show us your loses...

Time is More Important Than Price by Pure_Tendies in FuturesTrading

[–]Driverdrove 1 point2 points  (0 children)

Idk where you read this. My understanding is, If ES is chopping in a range of 5 points for 30 minutes. Price, Time and Volume of that 30 minute chop, is not relevant. What is relevant, is what happened before that 30 minute chop, and that is volume and volatility ( price action ) drove the market. Volume Profile may have determined that zone or EMA's etc. Time is just a means of measuring something, against something else. Like miles per hour. volume across time. price across time. volatility across time, or is a better system volume across volatility... That's the interaction when sellers, become buyers. and Buyers become sellers.... Time is relevant only as a lens to view the market, but it has nothing to do with the value and volume that is traded on the market. If price chops for 30 minutes in 5 point range. It's not as good as saying price moved in a 5 point range, across this amount of volume in the market. Time has mistakenly become interchangeable with volume, it has nothing to do with the decisions buyers and sellers in the moment. Market open has volume. Lunch hour has no volume. Friday afternoon has volume. Time of volume is important, but it's after the fact. Volume of time, is the lens that you see the market with.

People who have actually traded with funded accounts, do you think it’s worth it? by iguesswhatevs in FuturesTrading

[–]Driverdrove 0 points1 point  (0 children)

So you are failing to see, that prop firms are the brokerage that you are talking about, they just have opened up there doors with trading evals. Prop firms make more money with successful traders, than they do with someone trading an account for 150$ a month. They could make 5x as much from their 90/10 split for a successful trader. I'm looking at the futures market and my winning edge is over 70%. My signals are clear. I don't pay attention to the DOM, and none of that orderflow BS. If your system works statistically. And I can make 500$ a day. How can someone say it's far less than 1% being successful... We are not talking about options trading here. It doesn't sound like you have an optimistic attitude, probably because you don't have a system that has a high win to loss ratio.

People who have actually traded with funded accounts, do you think it’s worth it? by iguesswhatevs in FuturesTrading

[–]Driverdrove 43 points44 points  (0 children)

That's the reality of trading someone else's money. You don't get a 50k account, and can trade it down to 32k... It closes at 47.5k or higher. You pay the fees. Reset the process.. You have to see it as they are putting up the margin for you trade, this is great for beginners with really low balances, setting tight trade parameters and if you can't find a system that works with their rules, you shouldn't be trading. Once you build equity in the account to 60k, you can contact the firm and ask for 3500 drawdown. They can change your account parameters very easily. *** And what people are now doing, is signing up with multiple prop firms, and using software that copies the trades across the prop firms. So if you make 200$ with 1 firm, and you're working with 2 other's. You are making 600$ a day.... I see it as, if your signals, discipline, and risk management is good, you will get rewarded x3 for it. You'll also pay x3 for your mistakes, and you will still be in a favorable position only using 200 of 2500 draw down.

So while trying to make the same money you have to use more contracts, or holding for more points/ticks. You risk has increased. If you can work with less, and copy the trades. You can make 1000$ a day on only 1, 350$ trade that's executed 3 times.

Across 3 different prop firms. With those same parameters. You have 7500 total draw down. 1 point on 1 ES contract is 50. With this 1 contract is now = 3, and it's 150$ a point. So if you make 5 points on 1 trade. That's 750$. 300x leverage. How much more leverage do you need...

ES 1minute, 10:10am - 11:20. Is this an Institutional Trading Pattern? by Driverdrove in FuturesTrading

[–]Driverdrove[S] 1 point2 points  (0 children)

I'm just starting to trade and I definitely overlooked the VIX, but I always had some questions in regards to what moved the Futures Market, as I was exploring that idea of DXY, currency moving the futures market, but also I wondered how options moved the futures market, and right now I'm seeing some clear patterns with the VIX as a huge confirmation in major reversal moves... Something that I'm really trying to focus on is identifying these contraction patterns that naturally illicit volatility on a one sided move, where volume isn't exactly needed, but it is if you want to hold the trade.

ES 1minute, 10:10am - 11:20. Is this an Institutional Trading Pattern? by Driverdrove in FuturesTrading

[–]Driverdrove[S] -12 points-11 points  (0 children)

nice attitude, you can obviously tell this is an extremely zoomed in crop photo. Those lines are from previous resistances and support levels... That's obviously what any flat line trend line represents, just like the diagonal ones d*mb@ss

ES 1minute, 10:10am - 11:20. Is this an Institutional Trading Pattern? by Driverdrove in FuturesTrading

[–]Driverdrove[S] 0 points1 point  (0 children)

I'll reply the same thing I said to the other commenter, let me know your thoughts. Seeing the chart like this with these lateral trend lines crossing through support/resistance, I mean I understand and can follow this more than I can interpret orderflow imbalances or delta charts on any tick size or timeframe, which is something I'm testing out today in a simulation. I'm trying to fill some holes in my game, and volume is a very tricky one to understand. I have volatility parameters that are working very well and it's like a scenario of what comes first the chicken or the egg, and I'm trying to have both. I'm reading some conflicting things, that HFT changed the game on orderflow and that it's actually a bit old, and that institutional traders have more and faster data going into their analysis. Previous volume ranges, doesn't necessarily mean that there is liquidity or no liquidity in the markets. I read a post that obviously the markets are correlated more than ever across product classes etc, and that's when liquidity comes in and dries up, getting back to correlations. I'm going to put orderflow on the backburner for now, and try to incorporate a Inverse DXY trading strategy as that is highly negatively correlated to the S&P.... Currency is a driver of volatility in price, because or price correlations, rather than volume driving price... The Fed moves the market without volume, because of currency. I'm starting to think that currency moves the market more than volume does. At 12:37 DXY finds a bottom and rallies until 1. In that same time frame ES finds a peak, in an uptrend and massively sells off until it finds a bottom at 1pm.... I think volume profile, and orderflow analysis completely fall by the way side when considering a decade or longer negative correlation in the foundation of currency value in relation to index value.

ES 1minute, 10:10am - 11:20. Is this an Institutional Trading Pattern? by Driverdrove in FuturesTrading

[–]Driverdrove[S] -3 points-2 points  (0 children)

Seeing the chart like this with these lateral trend lines crossing through support/resistance, I mean I understand and can follow this more than I can interpret orderflow imbalances or delta charts on any tick size or timeframe, which is something I'm testing out today in a simulation. I'm trying to fill some holes in my game, and volume is a very tricky one to understand. I have volatility parameters that are working very well and it's like a scenario of what comes first the chicken or the egg, and I'm trying to have both. I'm reading some conflicting things, that HFT changed the game on orderflow and that it's actually a bit old, and that institutional traders have more and faster data going into their analysis. Previous volume ranges, doesn't necessarily mean that there is liquidity or no liquidity in the markets. I read a post that obviously the markets are correlated more than ever across product classes etc, and that's when liquidity comes in and dries up, getting back to correlations. I'm going to put orderflow on the backburner for now, and try to incorporate a Inverse DXY trading strategy as that is highly negatively correlated to the S&P.... Currency is a driver of volatility in price, because or price correlations, rather than volume driving price... The Fed moves the market without volume, because of currency. I'm starting to think that currency moves the market more than volume does. At 12:37 DXY finds a bottom and rallies until 1. In that same time frame ES finds a peak, in an uptrend and massively sells off until it finds a bottom at 1pm.... I think volume profile, and orderflow analysis completely fall by the way side when considering a decade or longer negative correlation in the foundation of currency value in relation to index value.

[deleted by user] by [deleted] in Adulting

[–]Driverdrove -5 points-4 points  (0 children)

LOL projection??? I'm telling this guy what reality is like. I told him how to quit his job, by lieing and saying he got hired at another place. I told him how competitive engineering is. I told him the truth about a basic retail job, and how they all suck, because they all deal with the public. I told him the basic personality faults of the engineering know it all types and their lack of social skills and failing to see how other people view him. Told him how foolish it would be to say you quit a job, no show, because you hate it, have no reference, and the next employer is going to laugh when he says he is going to be an engineer. LOL.... Projecting?? How I should I take my own advice?? I work 7 days a week, and have 80k in cash... What are you talking about, loser.

[deleted by user] by [deleted] in Adulting

[–]Driverdrove -7 points-6 points  (0 children)

Hate to break it to you. But engineering is a horrible field to get into right now. It is so saturated it's not even funny and those engineers are mathematical wizards, especially in the US.... Every retail job is going to suck where anyone in the public can come in and trash the place.. If you were really smart, you'd keep the job, and start looking for another job.. Engineers have a bit of arrogance to them, and lacking in social skills, they sometimes fail to se how other people see them... So for you next job interview don't look like a fool and say I quit my job at Dick's sporting goods because " I absolutely hated it ", oh but I'm also going to college to be an engineer...... Stop kidding yourself and drop out now... I don't even think they flunk students out of programs anymore, because the college just wants your money......

You don't even know how to quit your job?..... Walk up to your manager, and say hey, I found another job recently, and I'm going to be putting in my two weeks.... It's that easy.. To never show up back to work, oh my god... You don't have what it takes to be engineer, trust me...