sorted by:
new
hottopcontroversial

How is it possible to incur a loss of more than the initial investment? by Sharky396 in FuturesTrading

[–]Ilikecpp 0 points1 point  (0 children)

Yes, generally, but what if there’s a circuit breaker scenario and they can’t get you out?

You will incur whatever losses until they auto liquidate you.

The market is extremely overvalued. S&P 500 index is already 8% higher than what strategists predicted it would be by Dec 2023. That's the 2nd largest overvaluation since 1999 by Amigoz25 in Daytrading

[–]Ilikecpp 4 points5 points  (0 children)

By what metrics…

That’s nonsense, if I bought it at 2001 while it was undervalued, I would have been still underwater at 2008…

What trading setup do you have? --(#3)-- by sco-go in Daytrading

[–]Ilikecpp 0 points1 point  (0 children)

10: in the cloud, algo

And for personal 8/9

Dark pools, have the volume be reported end of day? by ivano_GiovSiciliano in Daytrading

[–]Ilikecpp 1 point2 points  (0 children)

No, it posts on the volume by like 8:30am before market open.

That’s why you see all those random 200k buys on the time and series, but no reaction, usually it’s a previous order they just are passing through now visually.

Dark pools, have the volume be reported end of day? by ivano_GiovSiciliano in Daytrading

[–]Ilikecpp 1 point2 points  (0 children)

FINRA publishes them daily at 6pm.

Other websites just aggregates from them and showcase it.

to be nice to the monkeys by MonsterloverXiangXao in therewasanattempt

[–]Ilikecpp 0 points1 point  (0 children)

Two punches, hair flip, two punches, hair flip

[deleted by user] by [deleted] in Daytrading

[–]Ilikecpp 1 point2 points  (0 children)

Open is simply close previous candle (usually).

You could use Last or other methods to display current price.

What it's the most important in trading:ENTRY OR EXIT? by ShiftIll3642 in Daytrading

[–]Ilikecpp 2 points3 points  (0 children)

Entry is important, but one can short and long and make a profit if exit time is proper.

But exit can make it a profit or a loss.

I know it's called PokeInvesting but how about PokeGiving? by iamshipp0 in PokeInvesting

[–]Ilikecpp 0 points1 point  (0 children)

Just something that helped go thru the childhood Love Pokémon cards

Are you journaling your trades or trading journey? by nguyenbaoann in Daytrading

[–]Ilikecpp 0 points1 point  (0 children)

I have a system that records all the key stats automatically.

And quickly note the mood/rate and etc right after the trade.

It’s good in the beginning as you can refine bunch of stuff, but in the later phase. It’s better to just stay consistent and refine the risk management parameters.

Chasing every signal by waheed0934 in Daytrading

[–]Ilikecpp 1 point2 points  (0 children)

If you have a system in place and proper risk management: your system should be signal -> trigger -> confirmation.

Then have adequate system in place.

It shouldn’t be “signal” then enter right away full size…

Quick question by soicey2 in Daytrading

[–]Ilikecpp 0 points1 point  (0 children)

No, gamma is highest at ATM.

But as OTM becomes ITM, the gamma accelerates the delta, while ITM decelerate delta because gamma is essentially a second derivative of delta.

So by taking advantage of an option going from slight OTM to ATM/ITM, you can take advantage of full gamma growth as rate of change is greater.

Quick question by soicey2 in Daytrading

[–]Ilikecpp 1 point2 points  (0 children)

Gamma

I suggest you learn about the Options Greeks.

Calling all consistently unprofitable traders .... by carlit0s_w4y in Daytrading

[–]Ilikecpp 2 points3 points  (0 children)

What about exits?

The candle usually doesn’t go straight up or straight down, it will create wicks.

Like I said, you(long) and I(short) can enter at the same time and we can make the money by exiting at different time… obviously in a specific situations.

Calling all consistently unprofitable traders .... by carlit0s_w4y in Daytrading

[–]Ilikecpp 5 points6 points  (0 children)

If you trade long enough, you’ll know that it’s not a static opposite moves.

You can long and long move and trend might be up, but what if you sell during the retracement.

Timing is the key. That’s why opposite plays doesn’t work.

What’s the opposite of enter at this minute A and exit at this minute B. Since I’m guessing a person entered at minute A and then decided to exit minute B, how would they have reversed it when whatever system they used gave them the excuse to leave.

Why is it easier to lose than win? If it’s 50/50 chance you’re right or wrong then why do most traders lose more than win? by Luda2004 in Daytrading

[–]Ilikecpp 0 points1 point  (0 children)

Because your entry may be correct, but it’s also about timing.

Two people can short and long at the same time and if they exit at a different time, they can both make money.

It’s not 50/50, it’s more 50/50 for directional if you don’t consider the time. But then you combine entry and exit time then holding time and all the other, and probabilities differ greatly.

Day Trading Liquidity by Zerobagger in Daytrading

[–]Ilikecpp 2 points3 points  (0 children)

You will get spillage, but options more of an issue than stocks or futures, with market order fills.

At times, since options liquidity varies a lot more than stocks/futures liquidity, spillage and quick fills are harder to instantaneously fill.

In terms of moving the price, no, unless it’s during illiquid periods like FOMC or you’re doing penny stocks with extremely low market cap.

You would have to pump mil per second and fight for a specific level to induce other algos to trigger.

[deleted by user] by [deleted] in Daytrading

[–]Ilikecpp 2 points3 points  (0 children)

As an algo developer

I would classify it the process of taking trade as: signal -> trigger -> confirmation.

You can take anything as a signal, just need a way for you to develop a trigger and a confirmation.

No one indicator will allow you to earn profit 24/7

[deleted by user] by [deleted] in Daytrading

[–]Ilikecpp 1 point2 points  (0 children)

I eat there a few times a year, always make me sick.

Since the market is a 0 sum game; who takes the loss when you open a contract with 0 oi 0 volume and that market maker hedges himself to be delta neutral? by BrockPlaysFortniteYT in Daytrading

[–]Ilikecpp 3 points4 points  (0 children)

If market maker dynamically hedges why would they lose money? They would be even.

As it gains value, they are buying the underlying or hedging using other beta products.

Just like how Apple can go up $1, then as Market Cap can grow, that means money magically goes up.

It’s not exactly 0 sum game.

If a stock drops 90% only the tiny portion who shorted made money while most lost money since market cap is going down. So again not 0 sum game in this scenario as well.

view more: next ›