Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
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)
Updated January 20, 2018
Top Posters
looks_one
pepelucho
with 11 posts (5 thanks)
looks_two
Itchymoku
with 11 posts (2 thanks)
looks_3
kevinkdog
with 6 posts (1 thanks)
looks_4
wldman
with 5 posts (11 thanks)
Best Posters
looks_one
Big Mike
with 3 thanks per post
looks_two
wldman
with 2.2 thanks per post
looks_3
pepelucho
with 0.5 thanks per post
looks_4
Itchymoku
with 0.2 thanks per post
trending_up
45,020 views
thumb_up
26 thanks given
group
23 followers
forum
59 posts
attach_file
1 attachments
July 7th, 2016, 09:58 AM
Houston Texas
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, YM, NQ, ES
Posts: 329 since Mar 2016
Thanks Given: 287
Thanks Received: 1,044
rleplae
If you start increasing the number of
contracts , people will come after the liquidity of your stops with 15 ticks.
I would assume this might not be an issue if you are scalping only during large order flows, during big moves?
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
July 7th, 2016, 10:21 AM
Gits (Hooglede) Belgium
Legendary Market Wizard
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 2,997 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,860
dannyinhouston
I would assume this might not be an issue if you are
scalping only during large order flows, during big moves?
you need some liquidity
if liquidity is thin, then it's easier to chase stops
July 7th, 2016, 04:41 PM
Philadelphia
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,892 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681
dannyinhouston
A millionaire just ain't what it used to be ha ha. Most middle class folk near retirement have a net worth of a million.
I don't disagree with you, I wish there were a word for someone who has tens of millions at their disposal yet not quite a billionaire.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
July 7th, 2016, 07:25 PM
London UK
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 6,094 since Sep 2015
Thanks Given: 15,700
Thanks Received: 15,878
Itchymoku
I wish there were a word for someone who has tens of millions at their disposal yet not quite a billionaire.
Multimillionaire?
July 7th, 2016, 08:30 PM
Philadelphia
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,892 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681
xplorer
technically yes. I'm assuming the threshold to nudge the market and sustain a small move would probably require in the range of tens or hundreds of millions of dollars. When someone says they're a multimillionaire I assume their net cap is under 10 million, much less 500 million. It's just a connotation I owe to the word considering you hear it so much because people like to say it when initially reached because it's something to be proud about.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
July 8th, 2016, 11:12 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,090 since Dec 2013
Thanks Given: 4,441
Thanks Received: 10,283
Itchymoku
I don't disagree with you, I wish there were a word for someone who has tens of millions at their disposal yet not quite a billionaire.
Decamillionaire
Multi-decamillionaire
Decamillionaire Definition | Investopedia
Itchymoku
technically yes. I'm assuming the threshold to nudge the market and sustain a small move would probably require in the
range of tens or hundreds of millions of dollars. When someone says they're a multimillionaire I assume their net cap is under 10 million, much less 500 million. It's just a connotation I owe to the word considering you hear it so much because people like to say it when initially reached because it's something to be proud about.
I agree
July 9th, 2016, 01:42 PM
Nairobi
Posts: 4 since Jun 2016
Thanks Given: 5
Thanks Received: 6
I read somewhere a tick size amounts to $100m trade ... not sure if this is a leveraged amount...or a straight $100m order
August 7th, 2016, 07:35 AM
Sydney Australia
Posts: 13 since Jun 2016
Thanks Given: 0
Thanks Received: 1
So that means that your average, or even wealthy, retail trader has almost no effect on most tick movements.
December 14th, 2017, 09:57 PM
Canada
Posts: 16 since Apr 2013
Thanks Given: 49
Thanks Received: 6
So is the general consensus around 10-20 contracts for scalping on CL?
Thanks
January 20th, 2018, 03:39 AM
Dayton, Ohio
Experience: Beginner
Platform: TOS
Trading: GC, CL, Eurodollar
Posts: 34 since Nov 2017
Thanks Given: 25
Thanks Received: 9
HinduMVP
I think it all depends on the time of day.
Most days from 9AM EST to noon I think you're right. As the day wears on (unless there's an API or EIA report) I think the quantity you can buy/sell (without having a partial fill) is less.
Last Updated on January 20, 2018