The transition to Futures trading

[Trembling Hand]

I believe interleaving is only for ADSL, don't know if there is a cable equivalent but may be worth researching.

Cool will do. thanks.

Just on AMP,
London CQG server


And Sydney

Sydney very fast. faster than I was getting with Propex..
:knightrid

 

[Modest]

Cool will do. thanks.

Just on AMP,
London CQG server
View attachment 63035

And Sydney
View attachment 63034
Sydney very fast. faster than I was getting with Propex..
:knightrid

Noice - I'm in Perth add 60ms to everything

Looking forward to getting Fibre optic (nbn) in the near future, now that will be blazin`!

 

[VSntchr]

Noice - I'm in Perth add 60ms to everything

Looking forward to getting Fibre optic (nbn) in the near future, now that will be blazin`!

Not that my trading is affected by improvements in the ms range, but it sure will be nice once Optus comes here tomorrow and fixes the "technical issue" causing my cable to operate at <1Mbps instead of 28+Mbps!

 

[avion]

Yep. I'm now a retail punter jobing the DAX after 3 years of prop HSI - blood pressure is already 20 points lower.
Using AMP.

What's the commission per RT TH?

 

[Trembling Hand]

What's the commission per RT TH?

$2.56 RT using CQG, think it depends on what platform you use.

 

[fiftyeight]

TH switching markets and going back to retail, did you have to jump on sim?

 

[CanOz]

Cool will do. thanks.

Just on AMP,
London CQG server
View attachment 63035

And Sydney
View attachment 63034
Sydney very fast. faster than I was getting with Propex..
:knightrid

With AMP I'm using the Singapore server. When I do packet pings like that I sometimes don't get all the packets back. There is another way to test for those that still have ninjatrader. It's a short strategy that sends an order away from the market and then cancels it. Saw it on another forum. Can try to find the thing, if anyone is interested.

TH, did I catch that correct, you are using CQGs platform as well as the data?

 

[Trembling Hand]

TH switching markets and going back to retail, did you have to jump on sim?

Yep of course. There is a process to follow that leads to the outcome you want.

Observe>
Form hypothesis/idea>
Test to confirm theory/idea/hypothesis/edge>
Practise>
Increase practise difficulty>
Trade>
Review>

Ait no way around it (other than perpetually forward testing random thoughts and actions)

Though will have to admit the process takes less and less time each time I switch markets.

With AMP I'm using the Singapore server. When I do packet pings like that I sometimes don't get all the packets back. There is another way to test for those that still have ninjatrader. It's a short strategy that sends an order away from the market and then cancels it. Saw it on another forum. Can try to find the thing, if anyone is interested.

Yeah that would be good to see.

TH, did I catch that correct, you are using CQGs platform as well as the data?

I've been having a look at a few platforms, CGQ, Multicharts and NT.

 

[ThingyMajiggy]

Yep of course. There is a process to follow that leads to the outcome you want.

Observe>
Form hypothesis/idea>
Test to confirm theory/idea/hypothesis/edge>
Practise>
Increase practise difficulty>
Trade>
Review>

Ait no way around it (other than perpetually forward testing random thoughts and actions)

You finding similar things/patterns on the Dax as Honkers? You mentioned earlier about it being a lot easier to read?

 

[CanOz]

Yeah that would be good to see.

I cannot post the script on ASF, but those who would like the ninja script can PM me and i'll give them a link to it...

 

[Trembling Hand]

You finding similar things/patterns on the Dax as Honkers? You mentioned earlier about it being a lot easier to read?

Yeah in a way. Its all same but a bit diff....... If ya know what I mean. They are both relatively high point movers so they show some of the same setups. The Dax is a lot thicker in terms of $ and slightly more so in contracts so its a bit smoother I reckon.

 

[fiftyeight]

Yep of course. There is a process to follow that leads to the outcome you want.

Observe>
Form hypothesis/idea>
Test to confirm theory/idea/hypothesis/edge>
Practise>
Increase practise difficulty>
Trade>
Review>

Ait no way around it (other than perpetually forward testing random thoughts and actions)

Great post TH

Hmmmm IB and NT with IB data feed, slightly different

 

[kid hustlr]

Good to see you back posting TH.

Interested why you left the prop gig to go it alone? Sick of them taking a cut or you've made so much that you can just do it low stakes on your account these days?

EDIT: spelling

 

[EarleTrader]

I came to this thread trying to figure out which indices you guys trade down there. Instead I found this fascinating 2-year gripping story that's kept me busy for the last few hours. Pav, I sincerely hope you're recovering nicely and hope to see you back here soon!
For the last year I've been developing a platform that creates a real time copy of an index future or CFD trade into the account of the 'follow trader'. This is not unique and many others are doing it already (El Toro, Ayondo, Zulutrade etc) We have a few new ideas and will hope to bring something new and fresh to market though.
Once we've launched and tested it thoroughly in South Africa, we're planning to come to Oz. The idea would be to find a handful of consistently profitable Futures traders, both professional and part time (subject to Oz regulation) and then to develop a market of followers around them. So-called 'lead traders' will obviously be highly incentivised to perform consistently to the extent that the frontrunners will be able to substantially complement their trading and brokerage income, doing this.
We will be partnering with a well established local retail brokerage and would love to know your opinion of the local talent.

If anyone's got some thoughts on this I'd love to hear from you.

 

[tech/a]

I came to this thread trying to figure out which indices you guys trade down there. Instead I found this fascinating 2-year gripping story that's kept me busy for the last few hours. Pav, I sincerely hope you're recovering nicely and hope to see you back here soon!
For the last year I've been developing a platform that creates a real time copy of an index future or CFD trade into the account of the 'follow trader'. This is not unique and many others are doing it already (El Toro, Ayondo, Zulutrade etc) We have a few new ideas and will hope to bring something new and fresh to market though.
Once we've launched and tested it thoroughly in South Africa, we're planning to come to Oz. The idea would be to find a handful of consistently profitable Futures traders, both professional and part time (subject to Oz regulation) and then to develop a market of followers around them. So-called 'lead traders' will obviously be highly incentivised to perform consistently to the extent that the frontrunners will be able to substantially complement their trading and brokerage income, doing this.
We will be partnering with a well established local retail brokerage and would love to know your opinion of the local talent.

If anyone's got some thoughts on this I'd love to hear from you.

Brain suckers.

 

[Trembling Hand]

Hmmmm IB and NT with IB data feed, slightly different

The IB api doesn't filter out the contract rolls. pretty stupid. you have to reload.

Interested why you left the prop gig to go it alone? Sick of them taking a cut or you've made so much that you can just do it low stakes on your account these days?

No biggy. I had been with them nearly three years. Moving on to the next thing and after not having the best back end of the year last year the change has been very nice.

 

[EarleTrader]

Brain suckers.

Hi Tech,

Not sure if you're referring to the local retail brokerages or to the likes of myself ...

 

[Modest]

AMP Futures looks good... What's the catch? I thought I had to scrape together 10K USD to open a trading account to trade the ES - with them I can trade the ES with a very low minimum...

 

[fiftyeight]

The IB api doesn't filter out the contract rolls. pretty stupid. you have to reload.

That fixed it. Cheers

 

[kid hustlr]

No biggy. I had been with them nearly three years. Moving on to the next thing and after not having the best back end of the year last year the change has been very nice.

Well your e-personality seems to have improved!