BookMap X-Ray – Dawn of a New Era?
DOM reading was once the preserve of the scalper. A key skill for a scalper was to watch the DOM for certain behaviour and remember how the market reacted to certain key prices. This allowed them to recognize early signs of what a market might be about to do and...
FT71 Trade Wisdom: Success In Trading
Timeless trade wisdom deserves re-posting and here's some FT71 Trade Wisdom. Something to consider when you watch this video - someone else's wisdom is their truth, gained from some experience they've had. To benefit from another person's wisdom, it's important to...
Sample Futures Trading Plan
Learning to trade is about observation, study and practise. You should be able to incrementally build upon your skill and develop as a trader. So how come so many traders hit an invisible wall? There are many possible reasons for this but one is that they don't have...
Dumb Trades, Bad Beats and Going “On Tilt” – part 2
Trading is an incredibly psychological game. Some suggest it’s 90% psychological. Whatever the figure is, if you fail to address the psychology of trading, you are putting yourself at a severe disadvantage and potentially missing out on a trading edge. A critical...
Dumb Trades, Bad Beats and Going “On Tilt”
There are a number of key challenges which most traders must face at some point during their career. A massive issue for some, depending on personality, is the loss of discipline and becoming reckless – what the world of poker refers to as “tilt”. Trading becomes...
CTS T4 Trade History Tick Chart
A little while ago I posted a video of some rather peculiar algo activity here. I was asked a question about what the yellow bars at the right hand side of the chart were and how to get them. They are CTS T4 Trade History. The CTS T4 Trade History is very basic and...