A Jack of Small Trades

Ooh la la...ooh, la, la.  

Ooh, la, la, oh, Shit...

The masses are coming to Vermont.

Our wonderful bucolic existence her in the upper right-hand quadrant of the good ole US is in a downward spiral...even United Van Lines knows this.

Folks are leaving the the iron triangle of the tri-state area for more space, more clean air, less crime, and a path forward for their kindlings.

Why pay NJ taxes while staring into your neighbor's living room when you could be on a 20 acre spread in Vermont's Northeast Kingdom for a 1/2 the tag?

Mankind's migration history is concentrated in flights caused by plague, famine, political strife, religisous persecution, war, and other horrible day-to-days.

The next great migration within the continental U.S. will be spurned by the coupling of the saturation of internet availability in rural northeast U.S. and the wake-upedness of those tech folks who work at home in N.Y., N.J. & CT who now know that they can sit on the same freakin conference call from a home office in VT as they can in in N.J.

People migrate in droves and in trickles...but not by anything in between.

People are about to wake up to the day-to-day realities of global warming...and those who have geographical vocational flexibility are packing up their tchotchkes, and the kiddies, and heading up north.

sceeto 10 Techniques for beating the botsStrategies for Beating the Bots

I am pleased to announce my participation in 10 Techniques for Beating the Bots, an eBook that covers in-depth analysis of today's volatile markets, and what you can do about it as a trader.  

The chapter that I authored, is gleaned as an excerpt from my completed, but as-yet-to-be-published book, "How to Trade Head and Shoulders Patterns Using Order Flow".

I've come together with nine (9) other industry veterans to share our techniques and recommendations for trading markets alongside algorithmic quants, high frequency traders, and automated trading systems.

Get 10 Techniques for Beating the Bots here

Some of the questions we answer include:

How does a regular trader find a tradable edge in high-tech, automated trading environments?
Where is the better data that can be leveraged into trading day patterns?
Can I learn the directional bias that big market makers use to find trades?  
...and much, much more!

On top of getting this incredible collection of insight, for a limited time everyone that signs up for a copy of this eBook gets a free trading strategy of their choosing.

Grab your copy of 10 Techniques for Beating the Bots for free today.

All the best,

Carl Weiss

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If you have not been complaining about ES lately, well then, you either don't trade ES, or you are serene budhist monk who trades ES.

I talk to a lot of traders and have heard a lot of chatter about the goddamn ES.

We all wanted the volatitlity to pop after Labor Day, but it didn't.

So what's a trader to do?

If you trade based on order flow, as I do, then you can apply the same supply and demand concepts that work in ES, on other markets.  This is simply because the laws of Supply & Demand don't change.

If there is overwhelming demand, price will go up.  If there is overwhelming supply, well then, price will go down.

If you trade order flow, and are seeking more volatility, consider both CL & GC as alternatives to ES.

If we go back and look at the average daily range for the following markets, and express that average range in terms of dollars x ticks, we get the following:

Market Average Daily Ticks Dollar Value
CL 140  $                         1,400
GC 136  $                         1,360
ES 54.4  $                            680

The above matrix shows a better than 2:1 ratio for both CL to ES, and for GC to ES.

The implication is that if you were the world's greatest trader and bought the low tick of each market, and sold the high tick of each market, you would make more than twice the profit trading either CL or GC than you would ES.

The takeaway here is simply that you have more intra-day dollar variations on GC and CL than you do with ES.

For me, a trader who likes quick trades, the rubber meets the road, and then leaves the road and pulls into the parking lot, much more quickly trading GC and CL than ES.

Since January, I have been primarily been trading GC.  I have found it a market that provides consistent order flow setups, and quick trades.

If you have any questions regarding how order flow impacts the Supply & Demand curve, and the Price Discovery process, feel free to reach out to me by opening an help desk ticket here and suggest a few date\times that work for you for us to speak and share a screen.

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