NexusFi: Find Your Edge


Home Menu

 





In futures why does price turn so hard against you


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Spottrader with 15 posts (0 thanks)
    2. looks_two xplorer with 4 posts (7 thanks)
    3. looks_3 Big Mike with 4 posts (18 thanks)
    4. looks_4 josh with 2 posts (14 thanks)
      Best Posters
    1. looks_one josh with 7 thanks per post
    2. looks_two Big Mike with 4.5 thanks per post
    3. looks_3 sevensa with 2 thanks per post
    4. looks_4 xplorer with 1.8 thanks per post
    1. trending_up 1,768 views
    2. thumb_up 50 thanks given
    3. group 11 followers
    1. forum 31 posts
    2. attach_file 0 attachments




 
Search this Thread
  #11 (permalink)
 COoneguy 
Porto Portugal
 
Experience: Intermediate
Platform: Motivewave/Optimus Flow
Broker: Optimus/ AMP/ Ironbeam
Trading: es nq
Frequency: Several times daily
Duration: Minutes
Posts: 49 since Feb 2020
Thanks Given: 39
Thanks Received: 58


Spottrader View Post





On the eurusd thursday afternoon my singular contract was the top for four hours till it reversed and I stopped out. Yesterday on a single WTI contract my pending order for a breakout just below the previous low in WTI executed and held the price up all the way to close. I can't recall how many times my positions have done this.



Are you sure about that?

So, to be clear, you truly believe that your one oil contract was the reason the market behaved as it did? Just asking because I thought maybe you were being sarcastic or humorous.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Has anyone taken The Confident Trader course from aheadc …
Trading Reviews and Vendors
What You Know vs How much you know about it
Traders Hideout
Quantum physics & Trading dynamics
The Elite Circle
tick data interval discrepancy
NinjaTrader
MC PL editor upgrade
MultiCharts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
ApexTraderFunding.com experience and review
91 thanks
HumbleTraders next chapter
73 thanks
Winning attitudes create winning traders
39 thanks
Just another trading journal: PA, Wyckoff & Trends
32 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
28 thanks
  #12 (permalink)
 sevensa 
Singapore, Singapore
 
Experience: Intermediate
Platform: Sierra Chart/IB, NT, TS
Trading: NQ, Weekly Options
Frequency: Several times daily
Duration: Hours
Posts: 59 since Aug 2017
Thanks Given: 53
Thanks Received: 100


Spottrader View Post
I know thousands of traders that have backtested and it did not work for them. The numbers show it. The market is not a static environment. If you feel otherwise then more power.

I don't think I even know a 1000 people, never mind 1000's, so very impressive that you know that many traders. But even then... you only need to find that back testing worked for one to disprove your statement.


Spottrader View Post
On the eurusd thursday afternoon my singular contract was the top for four hours till it reversed and I stopped out. Yesterday on a single WTI contract my pending order for a breakout just below the previous low in WTI executed and held the price up all the way to close. I can't recall how many times my positions have done this.

Are you sure about that?

Congratulations that out of the 200K+ contracts traded, your one contract was the one to change the market. Again, very impressive and very fortunate perhaps that the algo's didn't zone into your one contract.

Reply With Quote
Thanked by:
  #13 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022



COoneguy View Post
So, to be clear, you truly believe that your one oil contract was the reason the market behaved as it did? Just asking because I thought maybe you were being sarcastic or humorous.

If you don't believe why not try it yourself. Don't just execute and leave the screen. Try it on a live account and watch how the price action reacts.

Do it in a low vol market and quiet times. Don't just spray your execution in the middle of the range do it past the tops and bottoms or during a low vol trend near the close.

Do it in a fast market such as a red US dollar-centric news release on any currency or commodity....Watch what happens.

If you want I can give you the time as sales of the contracts I just spoke about.

Don't go by my word, try it yourself.

Reply With Quote
  #14 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 6,008 since Sep 2015
Thanks Given: 15,589
Thanks Received: 15,544

Moderator Notice
Moderator Notice


Reply With Quote
Thanked by:
  #15 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022


xplorer View Post
Moderator Notice
Moderator Notice


Double standard censorship. Nothing new.

Reply With Quote
  #16 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 6,008 since Sep 2015
Thanks Given: 15,589
Thanks Received: 15,544


Spottrader View Post
Double standard censorship. Nothing new.

Please point to a specific post that contains a personal attack.

Reply With Quote
Thanked by:
  #17 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022


sevensa View Post
I don't think I even know a 1000 people, never mind 1000's, so very impressive that you know that many traders. But even then... you only need to find that back testing worked for one to disprove your statement.

Maybe there's a side of you that want's to learn about the subject matter and is scared to face the reality.

I've been watching the bot market for years and have seen all the reviews and long-term results. The reviews are the most revealing. It's neither here nor there all these back-tested strategies don't work live and do not have staying power in the market. They all have parabolic equity curves, but when put into live work they fall flat.

To all the people with genuine curiosity this the reason Demo accounts don't represent live trading. They couldn't be further from reality of trading - everyone seasoned knows this.


sevensa View Post
Congratulations that out of the 200K+ contracts traded, your one contract was the one to change the market. Again, very impressive and very fortunate perhaps that the algo's didn't zone into your one contract.

You want to believe the fallacy of more buyers and sellers driving the market than that's your prerogative. You'd be able to see it in your own trading unless you just execute without studying the price action. Good luck

Reply With Quote
  #18 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022


xplorer View Post
Please point to a specific post that contains a personal attack.

Let it go, you've done enough mod.

Reply With Quote
  #19 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,595 since Jun 2009
Thanks Given: 33,335
Thanks Received: 101,947


Spottrader View Post
Let it go, you've done enough mod.

I want to know as well since you're saying we have a pattern of behavior of censorship without fairness.

So link the posts.

Mike



Join the free Markets Chat beta: Real-time Trading Insights

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #20 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022



Big Mike View Post
I want to know as well since you're saying we have a pattern of behavior of censorship without fairness.

So link the posts.

Mike

I'll do you one better...Where did I say that "we(futures.io) has a pattern of behavior of censorship without fairness"?

But you and your mod are doing a good job of derailing the thread.

Reply With Quote




Last Updated on June 18, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts