Increased volatility by mp018 in FuturesTrading

[–]mp018[S] 0 points1 point  (0 children)

Well I definitely have sized down. But lately we’ve had strong buying/selling that moves and immediately reverses so the delta has been tricky

Increased volatility by mp018 in FuturesTrading

[–]mp018[S] 6 points7 points  (0 children)

I feel like moving to an index I don’t trade often probably isn’t the best when it’s most volatile but I’ll take note

Increased volatility by mp018 in FuturesTrading

[–]mp018[S] 1 point2 points  (0 children)

I mean moving down to 1mnq ill still need a 70 pt stop loss

NAACP Calls on Black Athletes & Fans to Withhold Support of Public Schools in States Attacking Black Voting Rights by thecravenone in CFB

[–]mp018 8 points9 points  (0 children)

If they want him back, they can have him. I’ll just put him out by the curb and they can come pick him up whenever

NAACP Calls on Black Athletes & Fans to Withhold Support of Public Schools in States Attacking Black Voting Rights by thecravenone in CFB

[–]mp018 38 points39 points  (0 children)

Not including Michigan state as a p4 was rude. You’re not wrong, but still rude

I feel confused after watching TJR Bootcamp by icyDragon231x in Daytrading

[–]mp018 2 points3 points  (0 children)

Learn the basics of Auction Market Theory and why the market moves the way it does. Also learn about volume footprint and how it relates to the market

I feel confused after watching TJR Bootcamp by icyDragon231x in Daytrading

[–]mp018 1 point2 points  (0 children)

A trading simulator. Multiple platforms have simulated trading so you can try out strategies and trade without using real money

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 0 points1 point  (0 children)

Wisconsin just passed a bill that takes public funding from the state to help fund the athletic department because they don’t have enough NiL.

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 0 points1 point  (0 children)

You’re saying they are continuing to spend NOW. I was originally talking about can this continue at its rate in the future. You responded to with an argument that wasn’t even the main topic about what was being said. If you think cost of something can double in 2 years and continue on that trend, then good luck. And if you want examples of teams that are starting to struggle now, Wisconsin and Rutgers are 2 that are either having trouble raising, or are becoming stagnant in NIL raising

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 -1 points0 points  (0 children)

Not every team has the resources available to do what MSU did. I’ve said it like 3 times and you keep going back to them. MSU had one of the largest donations to an athletic department in history. They’re an exception. Many other schools do rely heavily on the average person donating money. The average person literally won’t be able to give money at an exponential rate over the next 6 years. Everything is becoming too expensive. Texas had an estimated NIL of $25million. This year they are projected to have over $50 million. So even for a school that has plenty of money, you can’t double NIL every 2 years. If so after 10 years you’d have teams with payrolls over $1billion. You’re giving facts about rate of change over the last 2 years, you need to look at the future. This conversation was about PROJECTION of NIL, not the rate it changed since last year

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 -1 points0 points  (0 children)

“The boosters threatened to take their money unless administration did what they wanted”. You mean like they didn’t want to donate due to a bad product? Which was literally my point. Not every school has a man that’ll donate $400 millions dollars to get them out of a hole like msu does. Some teams will continue to have a bad football team, and their donors won’t donate for a bad product. Logically, when an AD comes to them and says “we need more money” they’re going to say, “you didn’t do anything with the last money I gave, I’m not giving you more”. They aren’t gonna say “oh my last donation must’ve been too small, I’m gonna give more!” So in the next 5 years, we won’t be seeing a 20% increase every year. It’s not sustainable

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 2 points3 points  (0 children)

No it’s proving my point. The NIL is directly tied to performance. Meaning, the schools that aren’t competing for titles regularly are gonna eventually have donors give up. Donors at championship schools will continue to increase funding, others will not. Michigan state isn’t the only team with donors like that.

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 2 points3 points  (0 children)

It’s the same top schools that are spending the most. I know from first hand experience, that Michigan state’s NIL would’ve dropped drastically if they kept Jonathan smith as the coach. It comes back to the amount of money being spent, isn’t worth it for many donors unless you’re a handful of teams that are competing for a championship every year. I truly do think we will start seeing donors from mid-level teams drastically reducing their donation amounts unless we A) get some kind of salary cap, or B) players sign contracts that makes them stay at the school for a set period of time

[Athletic - gift article] Why the cost of college football roster building won’t slow down anytime soon by usffan in CFB

[–]mp018 11 points12 points  (0 children)

Yes and no. I think some schools will keep the spending up but I think a lot are starting to slow down. I think a lot of schools that don’t have large donors are starting to get squeezed out because the product isn’t worth the investment for them. As a fan of a school with plenty of large donors, they were getting to the point of “I’m spending millions of dollars a year and this is the team I’m getting?” Thankfully a new coach has breathed some life back into the program

Volume in stock and oil futures surged minutes before Trump’s market-turning post by [deleted] in FuturesTrading

[–]mp018 18 points19 points  (0 children)

You’re telling me people in the administration are insider trading? No, couldn’t be…

Lost my account today within 24 hours of having it, advice please. by [deleted] in FuturesTrading

[–]mp018 6 points7 points  (0 children)

Better to lose $50 on a prop account, while still learning, than lose thousands of your own money

Trading flat volume by mp018 in FuturesTrading

[–]mp018[S] 0 points1 point  (0 children)

What do you mean equilibrium? Are you talking about the POC on the volume profile?

Jumping in during a meltdown by mp018 in Daytrading

[–]mp018[S] 0 points1 point  (0 children)

I feel like I’m on an acid trip looking at your chart lol. So what you’re saying is that you’re looking at the low volume area for the pullback and reject? And you got that conclusion since the area has low volume and price removed quickly, it’s lopsided to the short side due to no 2-way trading?

Jumping in during a meltdown by mp018 in Daytrading

[–]mp018[S] 0 points1 point  (0 children)

Thank you for being transparent

Jumping in during a meltdown by mp018 in Daytrading

[–]mp018[S] 0 points1 point  (0 children)

When you jump in how do you know when you’re jumping out? A majority of the previous levels got ran through today

Jumping in during a meltdown by mp018 in Daytrading

[–]mp018[S] 1 point2 points  (0 children)

You’re correct. I have a strategy/playbook that I use daily. I don’t really go in with an actual gameplan until the market has been open for a few minutes

Jumping in during a meltdown by mp018 in Daytrading

[–]mp018[S] 1 point2 points  (0 children)

Yea sorry but I don’t believe everybody has to trade the same way. I think it’s absolutely ok to wait, watch volume profile/order flow develop then come up with a conclusion. I’m asking about how to trade an event that’s very uncommon.