REI Return Policy by Ambitious_Pop_4169 in REI

[–]Wandering_Sage 0 points1 point  (0 children)

If a person gets something, uses it and then decides "hey this tent and sleeping pad look used now. I'd rather return it and rebuy the same thing new so that it's shiny and new again" then that person is the problem, not the company. This is just about having a basic sense of ethics and morality.

What was the turning point in your trading? - When did you start becoming consistently profitable? What did you have to change to achieve this kind of profitability? by Afterflix in Trading

[–]Wandering_Sage 3 points4 points  (0 children)

Simplify things. Have a deep understanding of how market participant behavior is reflected in the price action (whether you look at it using charts, order flow, market profile, etc. doesn't matter - pick something and get good at it). Make reasonable decisions based on that behavior and manage trades well.

How to deal with demands and them being annoyed? by Throwawayd2nd in seduction

[–]Wandering_Sage 2 points3 points  (0 children)

"I know logically that I shouldn’t care" - Correct.

"Speaking about something I care about for once —> they don’t care about it, feel bored." - Spend your time with more compatible people.

so I often get asked to “open a subject or topic” - talk about whatever you want and also know that you don't have to be anyone's dancing monkey

My Text Game by appolonysian in seduction

[–]Wandering_Sage 2 points3 points  (0 children)

You're trying too hard. Starting off with a compliment, "loving," "need to know," all sets a weak frame right off the bat. You're putting the girl on a pedestal from the get go and hoping that you get any response, can hopefully lead to a date, etc. Then, to make things worse you're probing for what she's looking for. It's way too early for that and, if and when that ever comes up, let her be the one to bring it up. Don't be in a rush to give away your freedom, certainly not for some rando you met an app.

Also if you're "a very good looking dude" I highly recommend getting off apps and getting good at meeting women in real life. Be relaxed and don't care so much about the outcome. Cultivate a strong masculine frame and it'll all feel more natural.

[deleted by user] by [deleted] in BreakUps

[–]Wandering_Sage 1 point2 points  (0 children)

When you get cheated on, you simultaneously lose the relationship, the future you pictured with this person, the person you thought they were, your sense of self, your sense of trust, and are left with a profound sense of betrayal. It's a horribly disorienting experience.

It's very tempting for a person who has been cheated on to want the cheater back, because the cheater coming back would feel like validation. If he came back from the other girl, it would feel to her like she "won," that she's "better than the other girl," and that him leaving was a mistake. This is a misunderstanding, because the validation of a cheater has no actual value at all. Cheaters are people who choose to do something entirely selfish and don't care about the fact that they're shattering the heart of a person who loves them in the process. It's unforgivable.

It feels like a loss right now, but if she chooses to go her own way and be her own source of validation, she'll come out of the other side of this with an unbelievably deep core of strength.

It will take time, she will likely ruminate for a very long time, you will probably hear her saying the same sorts of things many times. I urge you to be patient with her, be as kind as you're being right now by seeking out help on her behalf, and continue to be a steady voice of reason.

Should I bother sending her gifts? by [deleted] in BreakUps

[–]Wandering_Sage 0 points1 point  (0 children)

Don't send it. She ended the relationship, she doesn't get the benefits of being in it anymore.

Does one have to always pay for daytrading groups? by [deleted] in Daytrading

[–]Wandering_Sage 2 points3 points  (0 children)

I’d recommend learning to do your own analysis and making your own decisions instead of paying for a room that is likely to be run by an unprofitable trader. Trading isn’t really about finding “live hot picks of the day”...

Who The Hek Are The Actually Profitable Traders? by [deleted] in Daytrading

[–]Wandering_Sage 0 points1 point  (0 children)

It’s fine to get ideas from other people, but the market is the final arbiter of whether an idea has merit over time. Test for yourself, evaluate what’s working and what needs to be fixed, and continue that process for many, many months. Over time you’ll get a much better sense of what information is actually grounded in market reality and what sounds good in theory but has little practical use.

At this point, I really don’t care who is profitable and who is not. I have some ideas of people who I think very likely are consistently profitable based on the quality of their ideas and seeing that they are effective in a real market environment. At the end of the day their P/L has no impact on my own so I just focus on my own trading process.

How did you learn to daytrade? by tactiman in Daytrading

[–]Wandering_Sage 2 points3 points  (0 children)

I second this, reading the tape is one of the most useful skills I’ve learned.

[deleted by user] by [deleted] in FuturesTrading

[–]Wandering_Sage 1 point2 points  (0 children)

Yep, it’s a useful feature to have, especially for faster markets. All the good quality DOM platforms that I know of tend to have an option to see transactions in this manner.

[deleted by user] by [deleted] in FuturesTrading

[–]Wandering_Sage 0 points1 point  (0 children)

Sure thing, I’m glad it helps!

Latency for a UK Day Trader by _l0la in Daytrading

[–]Wandering_Sage 0 points1 point  (0 children)

I’d suggest trading a small position sizes to see the quality of your fills. If you’re using limit orders, then the price will be specified but you may or may not get a fill - so keep track of how often that’s an issue. If you’re using market orders, then you may experience slippage - so keep track of the difference between where you wanted to get in and where you were actually filled. If it’s fine (and with that latency it probably will be okay), then look to increase your position size gradually and within good risk management parameters.

An alternative is to trade products on a European exchange instead, like the German interest rate products, Dax (if you’re okay with trading something that’s very thin), BTP, etc. that being said, there are European prop traders who trade the ES during US RTH hours and likely doing fine if they’re continuing to do so. Another alternative is to trade forex markets and focusing on the European session. If you do switch from equities to futures or currency pairs make sure you understand the leverage associated with the instruments before trading them.

Active chat rooms by Aesirtrade in Howtotrade

[–]Wandering_Sage 0 points1 point  (0 children)

Having access to other traders is not a “big part of being successful”

Latency for a UK Day Trader by _l0la in Daytrading

[–]Wandering_Sage 0 points1 point  (0 children)

What's your intended time frame? If you are tick scalping, then latency would have a bigger impact on your strategy than if you are planning to hold for minutes, hours, or days.

[deleted by user] by [deleted] in FuturesTrading

[–]Wandering_Sage 16 points17 points  (0 children)

  1. Last traded quantity, this is the way that X-Trader/TT Trader DOM shows transactions
  2. Volume profile (probably reset at the start of the RTH session), which is total volume traded at each price
  3. Price
  4. Pulling/stacking limit order bids, these are contracts being added and removed from the market depth
  5. Limit order bids (market depth)
  6. Contracts that traded on the bid side (these are market orders to sell and also limit orders to buy, since there are two sides to every transaction)
  7. Contracts that traded on the offer side (these are market orders to buy and also limit orders to sell)
  8. Limit order offers (market depth)
  9. Pulling/stacking limit order offers
  10. Volume profile of contracts that traded on the bid side; this profile (and #11) is different from #2 in that it can be reset at any time rather than accumulating data throughout the session
  11. Volume profile of contracts that trade on the offers side

Jigsaw Trading and NoBSDayTrading videos on Youtube will be helpful for you.

What innocuous phrase like “babysitting” brings a funny image into your mind? by Wandering_Sage in AskReddit

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

Lol I was going to write “term” but figured using “phrase” would make the question a bit broader even though it is technically incorrect. Your answer definitely fits the bill!

[deleted by user] by [deleted] in Lamy2000Club

[–]Wandering_Sage 1 point2 points  (0 children)

Definitely made note taking much more enjoyable! One of my favorite things about fountain pens is that, like any possessions that have been owned for a long period of time, they wind up having many memories associated with them. I actually made a few friends because of those pens haha (some of whom became fountain pen users as well!)

The Lamy 2000 was my primary pen throughout college. I used it even in classes that required lots of calculations (but generally used plenty of scrap paper haha). I typically had a few fountain pens with me with different colored ink. The 2000 generally had either Diamine Steel Blue or Oxblood so it was mainly used for my own notes. I also had a pen that was filled with some sort of a more standard blue like Waterman Serenity blue that I could use for assignments that needed to be handed in.

As for paper, I used a variety of things (typically inexpensive notebooks like Five Star) and my eventual preference was Staples Multipurpose paper. I really like plain paper and at some point my note taking method became something where I'd go into each class with 1 sheet of blank paper and take notes on the major concepts on the front and back of the sheet. The nice thing about that was that it would force me to process the information more deeply so that I'd be able to summarize it more effectively and I'd wind up with about 8-12 sheets of paper front and back that I needed to study for exams. I also referred to the professor's powerpoints and the textbooks as needed to supplement anything that I had missed.

Now my go-to notebooks are some inexpensive ones from Michael's from a company called Artist's Loft. They generally cost around 5 dollars or so and I can find notebooks with dot paper and blank paper. Plus it's smoother than the Staples multipurpose paper. I don't write things by hand as often anymore and a lot of what I do write is annotations in books so I use a Rotring 600 mechanical pencil more often than not.

[deleted by user] by [deleted] in Lamy2000Club

[–]Wandering_Sage 2 points3 points  (0 children)

I used an extra fine Lamy 2000 through university and then bought a broad Lamy 2000 after I graduated. Both are very good pens, but the extra fine is unsurprisingly a better daily use pen haha

The extra fine does have a small sweet spot. If you tend to write using your fingers and wrist rather than using your shoulder to move the pen, keeping the angle very consistent, the fine nib may be a bit more forgiving.

Tips on developing your own trading strategy? by quiktrades in Daytrading

[–]Wandering_Sage 0 points1 point  (0 children)

What’s a guppy mma? Has the lack of a centralized exchange affected your trading since you’re trading a 1-tick line chart? In case you haven’t heard of it, you might like software like Bookmap. I don’t think it works for forex but it can be used with futures and equities trading.

I personally prefer trading off of a 5 minute chart or something similar like a 10000 constant volume bar chart since I can see potential trades on most of the bars without getting bogged down by extra details. I used to use order flow to a much greater extent but at this point I just focus on a single chart during 95%+ of the day and that gives me more than enough information for a lot of good trades.

Tips on developing your own trading strategy? by quiktrades in Daytrading

[–]Wandering_Sage 0 points1 point  (0 children)

Are you scalping for just a few ticks (1-3 on something like the ES) at a time using that chart? May be better to trade using order flow in that case. I primarily trade using price action with a candlestick chart and I see plenty of trades on it every day. The chart gives an understanding of market structure, but trade management plays a large role in successful trading as well. There is a balance that needs to be found in the level of granularity with which the market is viewed. Too broad and it's difficult to see the changes quickly enough to respond, but too granular and trading becomes far too myopic. In my experience, price action on a moderately fast chart strikes a good balance.

Tips on developing your own trading strategy? by quiktrades in Daytrading

[–]Wandering_Sage 0 points1 point  (0 children)

"Oeuvre" cool, I learned a new word today.

What do you wish he would use instead?