macdfx

Really? Tell us more, Fanus....:smoking:

Agreed. It is silly how many traders (newbies and pikers alike) don't know the specs of the contracts they are trading, nor do they know how to find out.

Of course.... If your trading is automated, so are the results. Enough of this "manually" nonsense. You ought to know how to take your data and format it for Excel... That's if you have any real data, that is...:rofl:

Watching this unfold is so much fun....:missy:

This is the easy, and most reliable way, especially if you are using OEC. Just plot the current front month and the next month and watch for when the volume changes. Since OEC, for example, has a field with the contract expiration date, you should never be caught unaware anyway. It's your responsibility to know this information as it is freely published by the exchanges too. Brokers like Transact won't allow you to trade the contract after first notice day anyway, and they'll summarily exit your position for you in any event. And, if you monitor the ICE contracts for WTI, Brent crude and European gasoil, you should get an additional insight into when and where the trading volumes are changing. I trust most of you are trading the June CLM contract month now, right? If not, you certainly should be on Monday.

I'd add OEC as an additional account; I wouldn't move all my trading funds there (or to any one shop for that matter). Lots of data and charting info for free for account holders (except that they'll still want to charge you for a demo, go figure). And their newer platform has expanded equities and options trading due to their acquisitions by Options Express. Support is (like most firms) commensurate with your account size and trading frequency, so pikers and hobbyists be forewarned; the trading desk is available 24hr in case the platform or exchange link is down.

I suggest you read their FAQ page here: ZuluTrade - F.A.Q. They should have a list of signal providers and their ROI on the site as well; it's up to you.

Trade real money, and trade small until you get the feel of it. Scaling up requires emotional capital as well, so you'd better know what you're doing before you even go there.

True, but it requires much more "emotional" capital, IMHO. And that's what keeps most of us from trading at the next level successfully. Hence the push to automate our edge and remove the subjective human component if possible. Easy to say, but much, much harder to do.

My argument would be"why scale up" in the first place?

thxs.................................

OK, but any insight as to WHY NOT, since moving averages themselves seem to follow the trend? Kinda curious, as that's what I was looking to gain some further understanding about here....

:bang head: I thought this was a discussion, and you brought up moving averages. I expounded on your comment and asked about moving average crossovers and your opinion of them.... Or what exactly is it that you are trying to discuss here?

If you consider using moving averages as trading with the trend, then what is your opinion about "moving average crossovers"? Do they work for you?

I guess any edge will do...

Yes, the reason there is a renewed interest in Range (and Momentum) bars is precisely because a guru is hawking them thru TTM, of all folks. Markus of Rockwell Trading is hyping them these days, offering a Tradestation workspace and trading setup with Momentum (not range bars, as it turns out) for a few hundred bucks from the Trade the Markets guys, while the same setup of his is available for free (for now) thru Sierra Charts (using actual range bars instead). Go figure. Anyway, you say you are pleased with OEC. If you have a funded trading account thru them, why not just use the real data to power another charting solution instead?

Probably not of great importance for you, although one wonders why you continue to pay to use OEC if it doesn't fully meet your needs.

Quite useless, indeed. Be well.

A bone of contention here with OEC. If you are paying real money to use a DEMO account, it ought to be accurate in most respects. Including data and charting. Otherwise, what's the point of charging for it, except to conform to exchange rules regarding data feeds. (FWIW, OEC even charges their own customers for DEMOs as well, only waiving the fee if you're not a piker or complain enough, apparently). Have you consider other charting services that you can use your existing data source with instead?

And that's the rub. It's the discipline in your setups and your position size that matters. If it were that easy then why not trade the 50 lot? Notwithstanding margin/account size issues, the reality is that you'll blow out your account really quick. You probably know this already, but chose to throw in a snarky reply as a way of showing us your "market knowledge". :doh: My point? Keep the position size small, manage the setup, trade and exits, and honor your stops.

LOL................... :haha:

Yeah, those TTM boys really make a lotta bank. Over $2 million a year...John Carter Webinar discussing how much he made in 2007.... about 8 minutes into it....

Zero Lag EMA, Zero Lag MACD, Zero Lag RSI, VWAP with SD, and finally...Price.

Trade real money. Lose real money. Hate it. You must truly hate losing real money in order to become a winner in the markets. You must also accept that losing money is part of the game; but that doesn't mean you have to like it. So use stops to make your losers acceptable. Study. Regroup. Refill account. Trade real money again. Smaller sizes. Get profitable. Stay small. Be consistent. Resist the urge to scale up. Continue smaller sizes. Rinse and repeat every day as needed. P.S. Don't be stuck on the "e-minis" for your market of choice. Broaden your horizons and you'll find a market that can make you a consistent winner, and not suck your account dry....

Transact thru Infinity would be another one. Should be able to trade a few cars on a $10K account.