Message from @Vin_Farren

Discord ID: 702243087136850042


2020-04-20 06:39:28 UTC  

just checked charts. e-micros have about 1/3 the daily volume of e-minis, but we're still talking like 1m vs 3m

2020-04-20 06:39:55 UTC  

sometimes 2m vs 4m

2020-04-20 06:40:31 UTC  

and sometimes 1.7m vs 5m

2020-04-20 06:41:46 UTC  

looking back historically over the last year, this volume is due to corona. typical trading volumes for both instruments are about 1/4-1/3 less

2020-04-20 06:44:32 UTC  

@Vin_Farren also, i totally misunderstood how trading them works. the price is NOT 2800'ish

2020-04-20 06:44:53 UTC  

the price is whatever margin the broker makes you pay to "promise" you have enough money to do the trading

2020-04-20 06:45:23 UTC  

on TDA, to trade e-mini, you need 13.2k per contract. on ninjatrader, you need 500 bucks

2020-04-20 06:54:41 UTC  

TDA has a 2.25 commission on trading futures plus exch fees. NT has 2.54 all-in for mini and 61 cents for micros

2020-04-20 06:55:06 UTC  

damn. welp, i'm gonna get started on the NT account so i can move futures trading off TDA soon'ish

2020-04-20 06:55:09 UTC  

anyway, gn

2020-04-20 06:55:14 UTC  

gl on your trading!

2020-04-20 15:52:47 UTC  

still testing out my strategies. i traded against Delta stonk today. i put up $238 of capital and set my risk/reward to 1:1 with a 25 cent move on 10 shares. when prices finally reached my LMT, i ended up profit 3.19 for the day. not a lot, but i'm just testing the entry/exit strategy and not looking yet at the good movers

2020-04-20 17:27:17 UTC  

I'm up $900 and I'm waiting for that sweet after hours

2020-04-20 18:07:58 UTC  

nice.

2020-04-20 18:08:39 UTC  

i went ahead and bought ninjatrader software for all brokers, and i applied for a futures account with one of their partners.

2020-04-20 18:09:02 UTC  

NT will hook up to my existing TDA and oanda accounts and my new futures brokers

2020-04-20 18:09:20 UTC  

don't know exactly which day of the week i'll finally be able to trade futures

2020-04-21 08:12:38 UTC  

Goddamn oil looks mighty good to get in rn

2020-04-21 18:09:53 UTC  

ha, ya

2020-04-21 18:09:58 UTC  

negative money!

2020-04-21 19:43:19 UTC  

Crude oil is fucking tanking

2020-04-21 22:43:59 UTC  

ya

2020-04-21 22:44:09 UTC  

it was negative money yesterday. no idea what it's doing today

2020-04-21 22:44:23 UTC  

freakin' taking forever before i get approved for futures markets so..

2020-04-22 02:11:16 UTC  

Gold ETFs like PERTH are the move

2020-04-22 03:02:53 UTC  

which way

2020-04-22 04:38:29 UTC  

it's taking forever to get ninjatrader working b/c i'm still waiting for approvals from TDA and another FCM for futures trading. and until the secondary FCM approves me, i can't even get NT connected to my FX broker... kinda intertwined there

2020-04-22 04:39:26 UTC  

so for now: continuing to use TOS for stock trading. moved to my big system where i can have two views of the instrument open at once, along with a signal indicator, in case i want to use it

2020-04-22 04:41:35 UTC  

i was also just running out of memory with my laptop. gonna have to up my game once i make my money back on the software

2020-04-22 05:01:03 UTC  

For gold im waiting for it to drop then buying up more and enjoying the ride. Bought up a bunch before the dow began crashing because I thought it was gonna happen eventually and inflation would skyrocket.

2020-04-22 05:01:23 UTC  

Looks like I wasnt wrong

2020-04-22 05:06:05 UTC  

For AAAU I have my a small buy at 16.65 a medium buy at 16.50 and a large buy at 16.30. I don't have plans to sell any time soon

2020-04-22 06:26:17 UTC  

ah

2020-04-22 06:26:32 UTC  

i bought gold back in late 2014, iirc

2020-04-22 06:26:35 UTC  

i've still got it

2020-04-22 06:27:21 UTC  

i thought i had applied to futures trading through TDA, but i don't think i did after reviewing my acct. hmm

2020-04-22 06:27:30 UTC  

well, applied now! aaaaand i'm out. gn all!

2020-04-22 06:27:51 UTC  

btw, i don't think inflation will skyrocket

2020-04-22 06:28:05 UTC  

anyway, gn!

2020-04-22 15:36:03 UTC  

Inflation will depend on if they pay back the trillions they made appear out of thin air. If they do then we are fine, but if not then we gonna have problems

2020-04-22 17:50:31 UTC  

are you referring to QE? the thing about QE is that it does not enter the marketplace very easily