Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I see you've also opened a separate thread for this question, and have gotten some responses. Although we have the current thread for "ask any question," generally creating a new thread, as you have done, is the best way to put a question to the community, and that's how we usually handle questions here -- set up new threads for them. So you've already found a good way to go in the future.
I notice that @kevinkdog has responded in this thread with the essential point: a fairly normal move in ES would wipe out the very large margin you would have to put up for such a position.
I am adding a link here to the new thread for this question, so anyone who sees this and wants to respond will be able to use the new thread:
Hiya! I'm new to FIO and a relative newbie to trading. Ive got a question and hope I dont sound to naive..
I currently trade the ES futures market so my question is regarding the ES.
I've been trying to understand why more people dont trade …
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Can you help answer these questions from other members on NexusFi?
I am exploring a scalp indicator called: ncatZorroFuturesTrader.
This indicator is sold by Ninjacator.
Before I make the decision to purchase this specific indicator, cost $ 997.00 us, I would have appreciated to get any '' Feed back " from anyone that is familiar with this indicator.
Someone that already purchased it, and how satisfied are they ?
Therefore, I am looking for someone that could show me how to upload in to " Futures.IO Thread section " the topic: ncatZorroFuturesTrader " indicator so the entire " IO " community could see the trhead and respond.
I realise this may be a very naive question and also potentially quite broad.
What do you look for to determine the current type of market environment (choppy / trending / mean reversion)?
I guess it could be PA, different indicators and time frames, does anyone have any go to 'principles' to help determine with a high probability of being correct?
I realise this may be a very naive question and also potentially quite broad.
What do you look for to determine the current type of market environment (choppy / trending / mean reversion)?
I guess it could be PA, different indicators and …
I expect you will find that traders have many different ways to accomplish this, as well as different perspectives on the question. I hope you find some of them helpful.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I'm aware of the breadth and subjectivity that will fuel the answers. I'm very open to that and the more ideas / perspectives the better. I want to get as many as possible, test and see what works best and then which suits my 'trading personality'.
I would definitely steer away from purchasing indicators of any kind... it plays into a need for safety or trying to know the unknowable *where price is going next* no indicator can tell you that and if it could it would not be for sale.