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Klotzki

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Posts posted by Klotzki


  1. Can anyone recommend a desktop alarm software or widget that can display alarm messages in the notification area instead of pop-up dialog boxes (for less distraction) on Windows 7?

     

    Aside from the following common features I see in most alarm clock software I've seen so far:

    - supports multiple alarm settings, choosing day of the week

    - customizable message to display, and sound file to play

     

    Other features that would be great:

    - supports multiple time zone (e.g. can set alarm in exchange's local time)

     

    Klotzki


  2. Klotski-

     

    I have recently moved my accounts from Tradestation and RJO to Optimus Futures, who clear with Vision Financial Markets.

     

    The reason for my move began with the technology they offer, particularly the Rithmic data feed and platform interface (I use Multicharts and it works perfectly). But Optimus is not the only one offering good technology (I'm sure they interface with TT and/or CQG, though I would bet that Rithmic is just as good and definitely much much cheaper).

     

    The playing field has been leveled with the brokerage business and what it comes down to now is the client service and attention that a customer receives. In this case Optimus is just amazing. Maybe I was jaded by the lack of attention I received from Tradestation, and RJO was not too bad, but Optimus really went the extra mile.

     

    Matt, Jennifer, Sarah and the rest of the staff are patient, dedicated people. I got responses from Matt sometimes at 6 or 7 in the eve. PST and they are located in central time.

     

    Anyway, if it is any help I would highly recommend Optimus for any type of trading needs. If they don't offer what you need they will bend over backwards to help you. I'm sure you will find their pricing is competitive as well. Online Futures & Commodity Trading, Discount Commodities Broker Rithmic Feed Broker

     

    Thanks Waveslider. Will check them out.


  3. Can anyone recommend a cheap and reliable futures broker for someone trading anywhere from 10k-30k round trips a month, aside from IB?

     

    Must:

    - Cheap. Rates close / similar to those applicable to prop firms and what arcades are charging.

    - Access to all major futures markets worldwide

    - Supports CQG NET and/or TT NET, but open to other trading platforms with fast & reliable datafeed and routings from HK or Singapore.

     

    Bonus:

    - Access to other markets and assets classes (e.g. stocks, FX) global

    - Supports cross margining

     

    Thanks,

    Klotzki


  4. Siuya,

     

    You don't necessarily need deep pockets. To illustrate what I've outlined, imagine a system whereby:

    - You risk only 0.25% of capital (point #2)

    - Win rate is 80% (point #3)

     

    5 consecutive losing trades is less than 0.03% probability, and yet you'll still be in fairly good shape with an 8% drawdown. Doing monte carlo will also probably yield acceptable risk of ruin.

     

    Klotzki


  5. Just wondering if anyone else here is using a martingale based strategy. Although it seems risky, I use one but diversify across 4 or 5 currency pairs at the same time (I only day trade forex) in order to keep my risk low. I've been trading since August and have only had one negative day (a doosie!).

     

    Anyone here use one? Or have a strategy that is based on the martingale principle?

     

    :missy:

     

    Hi John,

     

    I don't necessarily agree with the earlier replies in the post. In theory, I think Martingale 'betting' could actually work as long (1) your trading strategy has positive expectancy, (2) you start out risking a very small portion of your equity, and (3) the win rate is high enough that you won't run the risk of losing all your equity before getting a positive trade.

     

    In practical terms, especially if you're a discretionary trader with trading system that ought to produce a reasonable high win rate (e.g. over 25-50%), you run the risk of taking less than ideal trades and trying to make your money back by doing martingale.

     

    Klotzki


  6. Hi Quinn,

     

    Can't say exactly for DAX, but the answer seems yes for the most active US commodity and equity futures.

     

    Similar to Brookwood, I also pull out 2 sets of charts and look at the tape to see how traders when trading gets to the S/R zones in both charts. I find that for heavily traded contracts like gold and s&p, traders seem to "see" the S/R zones in the off-hours more than the thinly traded contracts.

     

    Best to observe DAX first and see if its the same. Hope this helps.

     

    Cheers,

    Klotzki

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