tag:blogger.com,1999:blog-709390629316238746.post4932796987048801701..comments2023-04-16T05:11:52.660-04:00Comments on Don Miller Trading Journal: Wednesday Notes - See-Saw DayDon Millerhttp://www.blogger.com/profile/13263493919935087931noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-709390629316238746.post-6392595538546127912009-04-23T13:06:00.000-04:002009-04-23T13:06:00.000-04:00Dominic -
1 min TICK right under my 1 min price c...Dominic -<br /><br />1 min TICK right under my 1 min price chart.<br /><br />Keep in mind that TICK and 3LB are supplemental indicators only. I could trade -- and often do -- only using a price chart as is the case overnight.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-7703273150313552282009-04-23T11:14:00.000-04:002009-04-23T11:14:00.000-04:00Hi Don: You mentioned that you use the 3 Line Brea...Hi Don: You mentioned that you use the 3 Line Break chart; what type of time frame do you have it on; tick, 1 min, etc?<br /><br />Also, you mentioned that you use $TICK for ES; so I assume during night trading TICK is not available, so what do you use to replace it?<br /><br />Thanks!<br /><br />DominicAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-77944806134140204402009-04-23T03:55:00.000-04:002009-04-23T03:55:00.000-04:00Guys -
Back on the liquidity issue, please refer ...Guys -<br /><br />Back on the liquidity issue, please refer to the "Providing Liquidity vs. Speculating" key post in the lower left hand margin.<br /><br />That should help.<br /><br />Has nothing to do with being altruistic ... it's part of the long-term profit strategy.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-6670639430797838972009-04-23T03:28:00.000-04:002009-04-23T03:28:00.000-04:00John -
I'll always provide liquidity to some exte...John -<br /><br />I'll always provide liquidity to some extent (buying on bid selling on ask) just to keep my head in the game. It's just in my blood like many market makers, is profitable over the long run, and helps me feel the market's rhythm.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-20524257762317668672009-04-23T03:26:00.000-04:002009-04-23T03:26:00.000-04:00Dennis -
No help there as I'm mainly familiar wit...Dennis -<br /><br />No help there as I'm mainly familiar with ES and the Eurex market.<br /><br />Eurex might be an option, but I believe every market has its own unique rhythm and liquidity characteristics which take a while to learn and is as important as patterns.<br /><br />DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-92087076062939680222009-04-23T01:06:00.000-04:002009-04-23T01:06:00.000-04:00Don, what would happen if you didnt provide liquid...Don, what would happen if you didnt provide liquidity for a week or two. <br /><br />Why do u have to provide liquidity? I, sorry i don't understand, I am very new to trading. <br /><br />i know in stocks they have market makers who provide liquidity for there perticular stock , but how does it work in your case<br /><br />thanks for your help and I love the blogjohn piper jr.https://www.blogger.com/profile/13507734308898703069noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-22065958526328629322009-04-22T23:15:00.000-04:002009-04-22T23:15:00.000-04:00Don,
i think you are still recovering from the fl...Don,<br /><br />i think you are still recovering from the flu....the medication alone can make the mind swirling.TSThttps://www.blogger.com/profile/03252248146918473416noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-39551595624123714492009-04-22T21:34:00.000-04:002009-04-22T21:34:00.000-04:00Good Evening Don,,
Hope you are feeling better t...Good Evening Don,,<br /><br /><br />Hope you are feeling better today. I usually trade the ES. I am trading out of Chicago. But next month, I will be unavailable during the day trading session, I was wondering if you can recommend another market that is active and trades similar to the ES (similar leverage as well) during the evening or early morning chicago time. thanks for the input Don.<br /><br /> DennisDennishttps://www.blogger.com/profile/16630591539194898441noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-72753788655376984792009-04-22T18:50:00.000-04:002009-04-22T18:50:00.000-04:00Don,
re: "provide liquidity, someone has to...so ...Don, <br />re: "provide liquidity, someone has to...so others can trade"<br /><br />Always the altruist, you are ;-)<br /><br />Severino,<br />who the heck is this Doctor Brett Steenbarger you speak of?? He's not the most prolific blogger amongst is he?<br /> <br />No seriously Sev, thanks for the synopsis of Dr. Brett's post. This theme of "10,000 hours" has been swirling around lately(like in Malcolm Gladwell's latest book and other recent "hi performer studies")...so the contrarian trader in me thinks, since it is becoming so damn "conventional", I hereby declare it...HOGWASH! <br /><br />Well, at least I hope so, since I gotta A LOT of hours to go...maybe I'll come up with a way to accelerate the path to expertise...and as Don likes to say, time will tell.<br /><br />Don, sending out healing energy...<br /><br />charleSCharleshttps://www.blogger.com/profile/02513648506121186831noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-3217795386258831372009-04-22T17:00:00.000-04:002009-04-22T17:00:00.000-04:00A good article That Dr Steenbarger passed on today...A good article That Dr Steenbarger passed on today called.<br />“The Definitive Guide To Trading Mastery & Success”<br />It could have just as easy been called, How To Build A Bamboo Tree.<br /><br />A summation of the article and the tree.<br />“So putting it plainly, to become a successful trader, you need to invest at least 10,000 hours of your time doing just that… trading.”<br /><br />Sev<br /><br />http://www.tradersnarrative.com/the-definitive-guide-to-trading-mastery-success-2460.html#commentsSeverinohttps://www.blogger.com/profile/09279332888959190709noreply@blogger.com