Prop trading - is it a scam or is it good? - page 12

New comment
 
prostotrader:

I, for example, could not find a method of entering the market on the widening and narrowing spreads, despite the fact that I've been trading the calendar for over 5 years.

Did you analyse the full tick history or only the current spread value?

 
Alexey Kozitsyn:

I suspect that even 120ms is fine. +- 7.5%, like you said, won't go away quickly. Not even in seconds.

Not bad for SPOT futures, but for calendar futures it is important.

"FORTS Execution Matters" is right on the money line.

How's that?

2018.12.12 10:45:46.655 Trades  'xxxxx': cancel order #96520846 sell limit 2.00 TATN-3.19 at 74679 placed for execution in 6.240 ms
2018.12.12 11:04:27.984 Trades  'xxxxx': sell limit 2.00 TATN-3.19 at 75498
2018.12.12 11:06:18.962 Trades  'xxxxx': accepted sell limit 2.00 TATN-3.19 at 75498
2018.12.12 11:06:18.969 Trades  'xxxxx': sell limit 2.00 TATN-3.19 at 75498 placed for execution in 111004.035 ms
2018.12.12 11:17:42.870 Trades  'xxxxx': modify order #96522983 sell limit 2.00 TATN-3.19 at 75498 sl: 0 tp: 0 -> 75444, sl: 0 tp: 0
2018.12.12 11:17:42.875 Trades  'xxxxx': accepted modify order #96522983 sell limit 2.00 TATN-3.19 at 75498 sl: 0 tp: 0 -> 75444, sl: 0 tp: 0
2018.12.12 11:17:42.876 Trades  'xxxxx': modify order #96522983 sell limit 2.00 TATN-3.19 at 75498 sl: 0 tp: 0 -> 75444, sl: 0 tp: 0 placed for execution in 5.927 ms
 
prostotrader:

Not terrible on SPOT futures, but on calendar futures - archival, read the topic

"FORTS Execution Matters" is right on target...

How about this?

I read this topic, I remember your messages. Read this thread, remember your posts about lags. Not considering stock futures for calendar yet.

 
Alexey Kozitsyn:

The calendar, yes, no argument. Have read this thread, remember your posts about lags. So far I am not considering stock futures for calendar.

What's that got to do with stocks (stock futures), there can be lags on all instruments...

Added

Here's the 8-9 brent spread

Average spread -31 since the start of 8 futures activity (maximum -15, minimum -46, current -39)

How are you going to catch the narrowing or widening?

Added

Here's an advisor on the 8-9 brand.

I have to put the "trousers" away from -31, otherwise you can get caught


 
prostotrader:

What does this have to do with stocks (stock futures), there can be delays in all instruments...

The liquidity of long-distance equity futures is small, there is more chance of missing out if you don't make it in time.

Here's the 8-9 brent spread

Average spread is -31 since the start of the 8 futures activity (maximum -15, minimum -46, current -39)

How are you going to catch the narrowing or widening?

Tentatively enter at 38-40, exit at 30-28. Catch the narrowing/expansion by bids/ask_2 on entry (i.e. bid_1+ask_2 on entry (start with less liquid) and ask_1+bid_2 on exit (start with less liquid)). OnBookEvent().

Added:

Deal to hold for 1-3 days (presumably). During this time the convergence should happen. To be more precise you should compare bases of several previous futures with each other. And the average value should be corrected every 1-2 weeks. That's how I see it.

 
Alexey Kozitsyn:

The liquidity of long-distance equity futures is small, there is a greater chance of "missing out" if you don't get there in time.

Tentatively enter at 38-40, exit at 30-28. Catch narrowing/expansion by bids/ask_2 on entry (i.e. bid_1+ask_2 on entry (start with less liquid) and ask_1+bid_2 on exit (start with less liquid)). OnBookEvent().

Added:

Deal to hold for 1-3 days (presumably). During this time the convergence should happen. To be more precise you should compare bases of several previous futures with each other. And the average value should be corrected every 1-2 weeks. That is how I see it.

OK, I think it will not work.

 
prostotrader:

OK, I don't think it's going to work out

Maybe:)

 
Алексей Тарабанов:

Good...

Yuriy Asaulenko:

It's a madhouse.

Don't you have 5-10 thousand pennies to spare? If you don't, you better not start. And if you do, you don't need that kind of money.

You can't get away with that kind of money on the stock market. As far as I know, proprietary trading companies do not deal with Forex because of too high risk. And those that work in the stock market load the trader with such obligations that 90 per cent of even very good specialists soon drop out.

 
Sergey Vradiy:

You can't get by on the stock market with that kind of money.

10,000 to start and try is enough for 1-2 Sbera or GP futures. And then you'll see. Why do you want to jump the noose? )
 

Fordiman1982

Indicator data, after 18-30 will not be correct, because SPOT is no longer trading


1...56789101112131415161718
New comment