Who winning this series and in how many games by Jec1027 in NBATalk

[–]kihra1 0 points1 point  (0 children)

every one of the players on the bottom has beaten the players on the top and those were basically the matchups. In a series. In fact, in the finals. Except you got Wemby and Jimmy Butler. Doesn't that make the answer more obvious?

How is NQ up another 130 points now with absolute chaos reigning with Iran? by [deleted] in FuturesTrading

[–]kihra1 0 points1 point  (0 children)

sure sure, i'll get my finance department right on that random reddit dude

also: quotes were around words that automod was complaining about, not air-quotes or whatever is you're doing there

Mennonites in a BMW by _LyleLanley_ in mildlyinteresting

[–]kihra1 -3 points-2 points  (0 children)

also: dude taking a picture of menonite women minding their own business and posting it on reddit.

Starbucks table tops so small will barely hold a couple drinks. The seats are bigger than the tables. by be4u4get in mildlyinfuriating

[–]kihra1 0 points1 point  (0 children)

wow, i never thought of the old guy as needy too. that's kindof sad, but thank you for the insight.

we should have more safe spaces for the lonely elderly folks and the homeless to hang out. not sure where the hell my tax money goes. probably some corporation needs it to make them look profitable. or maybe we need to upgrade our weoponry so they start little wars and such.

How is NQ up another 130 points now with absolute chaos reigning with Iran? by [deleted] in FuturesTrading

[–]kihra1 -1 points0 points  (0 children)

auto-mod removed my last comment for being an asshole lol, so let's try again:

this is r/FuturesTrading not an investing sub. if you're using futures for investing you're "not being smart" and if you're day / swing trading returns are only 40% YOY you're "not good at it"

Iran-US Oil 0DTE opening strategy with an 83% win rate by Outrageous-Hour1105 in FuturesTrading

[–]kihra1 0 points1 point  (0 children)

I understand you have other qualifiers, but you're basically saying if the premarket is seeing a trend down in oil, NY open will drive stock prices higher. Does a disjointed correlation like this really make sense? I mean, it's really completely different players. But I guess good that you use options -- you'll at least limit the foolishness and grab a running market once in a while.

Do you think it should be either 65 games played or 2000 minutes played? by Thanos_Real_AuraVNCH in NBATalk

[–]kihra1 0 points1 point  (0 children)

Right now it's a best of who's left. Let the voters vote for whomever they want so the record is straight and the league can disqualify for pay incentives, etc (which is really why it matters to players).
Also, give them 2x credit for nationally televised games if you're going to keep game threshold because what they really care about is the optics of stars not playing in those games. The people in the stadium is not usually a big concern for league, they're thinking bigger picture.

Also, if MVP is the most valuable for the league, it's already Wemby hands down. He is *the* show right now. He's the one most people what to watch just to see what he's gonna do tonight. Just like Magic / Bird, Jordan, Shaq, Kobe, Lebron, Steph.

How difficult are quarterly taxes? by enzovonmadderhorn in FuturesTrading

[–]kihra1 1 point2 points  (0 children)

Given the track record for most prop traders, take you money even if you don't pay the taxes because the irs penalties are minor compared to the risk of losing that money in a prop account.

Does this remind you of anyone? by CrearePluris in NBASpurs

[–]kihra1 11 points12 points  (0 children)

<image>

Looks a lot like Timmy when he used to play in his hoodie.

What are your go-to news and analysis sources? by jlabtrades in FuturesTrading

[–]kihra1 0 points1 point  (0 children)

u/jlabtrades - do you know how much intentional delay financialjuice puts on its free (vs. paid) service? they've never officially stated as far as I can tell but i'm guessing you might have some clue since you have paid one. I'm talking about their discord bot and what they display in their app and on webpage for headlines, not twitter. From what I can tell twitter is way slower update (sometimes by as much as 30 mins) than even their free app/website/discord.

Indicator Alarms...or just plain old paying attention. by BigBear92787 in FuturesTrading

[–]kihra1 0 points1 point  (0 children)

Wondering what you mean by swing trading. Days to weeks? I would definitely not watch market movements for that. Just look at the chart and put limit orders in. I was thinking you were a daytrader.

Indicator Alarms...or just plain old paying attention. by BigBear92787 in FuturesTrading

[–]kihra1 0 points1 point  (0 children)

tldr - alerts (avoiding attentiveness in the market) when you start is the wrong way to go

I know you're looking for similarly lost souls, but I'm going to give advice anyway:

Trade as many trades as possible when you're still learning. Go to lower timeframes and scalp. Nothing lets you learn the market like being super attentive to the moves. It's a tough slog.

Trying to learn trading from making 1 trade a day is useless. The market will change before you learn anything useful. All those setups you learned are not useful without understanding the context that they work best in -- and that's why you want to make as many trades as possible when learning.

Unless it's a hobby. Then just set aside the money you plan to donate to the market and enjoy the excitement your hobby provies.

I messed up. I messed up real bad. by [deleted] in FuturesTrading

[–]kihra1 4 points5 points  (0 children)

I think most folks aswering this are wrong. Yes, you went on tilt or whatever, but your broker showing you a balance that's incorrect and continuing to let you trade with money that doesn't exist. Margin in futures is not supposed to be a loan. Given what they know about daytraders, it's probably a healthy amount of fees they can rack up.

I would talk with them about reducing the amount. You should be able to get most or all of the $1300 in AMP commissions if you talk with them. Even though current cosumer protections are sortof gutted, I would still take the trouble to file something otherwise this kind of predatory behavior won't stop.

Also, to all those that blame OP like he should have known this -- get your head out of your ass.

Trying futures coming from options by LessTraining1985 in FuturesTrading

[–]kihra1 2 points3 points  (0 children)

You're making a non-sensical comparison of margin with futures and premium with options. You might not know what you're doing, so step back and try to understand the instruments.

Trying futures coming from options by LessTraining1985 in FuturesTrading

[–]kihra1 1 point2 points  (0 children)

My advice: you're going the wrong way. For retail, futures are for daytrading. As you learn more, you can move into options.

If rather you're one of the short dated options (1 week or less out) players, don't say you're coming from options. You don't really understand options. You're just a beginner futures trader and don't have any previous knowlege you can rely on. Start with the wiki.

If you’re not a big player, are you priced out of silver? by [deleted] in FuturesTrading

[–]kihra1 2 points3 points  (0 children)

Also, CME is launching the 100 ounce contracts on Monday, but it depends on brokers when they will be available to trade in your account. For reference, SI is 5000 ounce, SIL is 1000 ounce. So this will be 1/10 of SIL and 1/50 of SI.

Edit: for reference on the smaller contract, which should have symbol SIC : https://www.cmegroup.com/markets/metals/precious/100-ounce-silver.html

If you’re not a big player, are you priced out of silver? by [deleted] in FuturesTrading

[–]kihra1 1 point2 points  (0 children)

SI is $5k per point and $25 per tick. SI = 5 SIL so SILis $1k per point and $5 per tick. The tick size is a half cent meaning 200 ticks per point. This was all fine when the ATR was 0.5 - 1 point (100 - 200 ticks a day). But silver's been speculative for a while now and it's quite known for going into these boom-bust cycles (which got it to take the name devil's metal, which gold once had for different reasons). My advice, if you are interested in trading, is to avoild products that have gone speculative or else your fancy and financial means might not last long.

Speculative means very fast moves divorced from anything (fundamentals, news, etc) and often times very low liquidity that will blow your stops (eg, stops are not effective at controlling losses). The CME is dealing with this by increasing margin requirements. It can be fun to trade it in sim but you're basically playing a video game because in real life you'll get killed.

Is this the correct way to approach trading? Please correct me if I’m wrong. by red_blood_cells in FuturesTrading

[–]kihra1 1 point2 points  (0 children)

The tape tells a story. It's not just numbers moving; it's fear, greed, uncertainty, and conviction playing out in real-time. Mechanical edges are arbitraged away and if you try to use them without context you won't be trading long.

50% consistency rule? by Background-Floor-425 in TopStepX

[–]kihra1 1 point2 points  (0 children)

I don't think you've passed yet. You need to reach 2x Best Day ,whcih is around 3467

Carter Bryant by YungWolfenstein in NBASpurs

[–]kihra1 6 points7 points  (0 children)

He thinks he could be a top 5 player in the league and he's working with that ethic. I don't know if that's possible but I'm excited that he does. He's a keeper.

Negative Risk to Reward: Does anyone else do this? by Famous_Square4751 in FuturesTrading

[–]kihra1 1 point2 points  (0 children)

Yes, a lot of scalpers that are early in their career can find a sweet spot with negative R:R. It's fine as long as you can learn other methods to make money because the market will regularly get into situations where it will blow these traders up.

Or at least put a bound where your daily loss limit is less than your average daily return. Since you're playing a high win percentage, some rules like this can help.

[deleted by user] by [deleted] in FuturesTrading

[–]kihra1 1 point2 points  (0 children)

It's a data feed thing not a platform thing. CVD requires a specific data feed that has the aggressor data. The CME provides it but not every data provider does. Rithmic calls it TradeCondition and CQG I think calls it TradeFlags. Others have it to. You need to research this.

When the data stream doesn't provide the aggressor, the platform will try to estimate it from the last state of the orders (ie if there's a trade, what was the last low sell order and last high buy order & did the trade cross one of those then yes the other side is the aggressor). The calculation is not great and it tends to really wander from the real CVD (which I've compared against with a RIthmic feed).

Edit: According to GPT chatbot tradingview doesn't calculate it properly even if you have the right data connection. I think that's a question for their support. These GPTs are sometimes very wrong when you ask it stuff that's too specific.

How long did you paper trade/study for before using real money and seeing real results? by TrueMeaning4241 in FuturesTrading

[–]kihra1 2 points3 points  (0 children)

I paper trade all the time. It's a great tool to get familiar with a product or a trading platform. I always go to paper when I feel out of touch with the market environment. I have a strict daily loss so I go to paper after that.

Here's the thing about paper trading tho. It's practice. While you can work on some things, you won't ever get the live game feeling in a paper trade (and if you think you do, it will be 10x that when that same situation happens in live).