FAQS

Which markets do you trade?

Trading is focused only on one market traded at the CME, normally the SP 500 E-Mini (ES) Futures Contract or E-Mini Dow Jones Futures (YM).

Very often, we are trading the SP 500 Micro Contract (MES). Although the commissions run a little more, the ability to scale up and down a trade makes more sense to a retail trader.

Rarely ever do we trade the E-Mini Nasdaq 100 Index Futures (NQ) or the E-Mini Russell 2000 Index Futures (RTY).

Further, we monitor the Cash Markets and the SP 500 SPY and the Nasdaq QQQ for swing trade opportunities or significant market events. We also monitor some different NYSE and NASDAQ internals and instruments through the day (FB; AMZN; NFLX; GOOGL; QQQ; XIV; UVXY: VIXY; VXX) to monitor for large moves.

We believe in keeping screens at a minimum.

Focus is on one market or two correlated markets, like the ES and YM.

What is your method?

We are order flow and order book traders and have been trading the markets since 1993. We designed a epistemic probability theory (Keynes) that is rooted in the principle of sufficient reason and applied to zero sum markets. Our theory guides our reading of the order book and flow in ES Futures to determine direction strength and timing.

And because of the ES (S&P) correlation with the YM (Dow), the edge we have can very often be transferred into the YM. Naturally trade management between the two markets should vary.

How many trades do you typically see in a day?

It really depends on what is going on for that day and the market we've decided to focus in on. If the volume and volatility is low, we may find that it is best not to take any trades while other days we may find upwards of 10. In general, between two and five trades in a day is the usual.

Can I shadow trade your trades in the room?

We are not a trade calling service. We are not here to tell you what to do. We are here to help you in your own trading and to allow you to become a better trader by watching us trade. You will be able to see our screens and the trades we have taken. We will sometimes discuss the reasons for entry, the reason for exits and the reasons for staying with a trade.

Are you trading live in the room or on a SIM account?

Assume all trades taken are in simulation. This is because the only account that matters is your own account and how you trade it.

Our advice to you is to recognize the type of trader you are right now...

Are you the type that cannot put your uniform on?
Can you put your uniform on but only stand on the sidelines?
Or are you the trader who has their uniform on and wants to be in the game?

Decide what you are -- decide what you want to be and not what anyone else suggests that you should be.

That is all that matters.

What charting platform do you use?

We use both NinjaTrader and recently have started to use Tradovate.

What type of trading hours do you do?

We take trades through the day but almost all of them are done by the end of regular trading hours. In a strong trend, we may exit by 4:15 pm (ET) and reenter after 5:00 pm (ET) in order to avoid high overnight margin. Generally we don’t want to hang on to positions for days, but will in rare situations where the trend is strong. Depending on the market, we may be trading through the Globex session.

ROOM HOURS: We will not have a set trading room schedule while we are a free service.

What is the cost?

For now, access to our trade room is free of charge. We will look to introduce a nominal fee to cover costs as we move forward. But to begin, we do not want to charge any fees to be present in the room.