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Domino's Price and order flow trading

  • #1,161
  • Oct 31, 2010 12:29am Oct 31, 2010 12:29am
hi Domino, do you initially risk .5%/trade and then scale in as the orders cascade?

do you follow similar trade sizing for your stock trades?

are you able to get filled with size pretty easily when trading stocks?
  • #1,162
  • Nov 3, 2010 3:32pm Nov 3, 2010 3:32pm
Quoting rogerdoger
hi Domino, do you initially risk .5%/trade and then scale in as the orders cascade?

do you follow similar trade sizing for your stock trades?

are you able to get filled with size pretty easily when trading stocks?

wow really awesome day Ill do some posting when I get home... happy trading to those in these trades.
  • #1,163
  • Nov 4, 2010 3:33pm Nov 4, 2010 3:33pm
Quoting rogerdoger
hi Domino, do you initially risk .5%/trade and then scale in as the orders cascade?

do you follow similar trade sizing for your stock trades?

are you able to get filled with size pretty easily when trading stocks?

I hold close to 500 different investments in the funds portfolio.. for the fund we are much lower at .1% .. personal capital I trade higher.. once a portfolio is fully capitalized generally will build into positions more raising leverage into profit... all investments are similar risk

yes im able to get filled without displacing price at these levels.
  • #1,164
  • Nov 4, 2010 3:35pm Nov 4, 2010 3:35pm
heres the performance for these trades weve been making if you are following along.
Attached Image (click to enlarge)
Click to Enlarge Name: two.jpg Size: 108 KB
  • #1,165
  • Nov 5, 2010 7:55pm Nov 5, 2010 7:55pm
Quoting domino
I hold close to 500 different investments in the funds portfolio.. for the fund we are much lower at .1% .. personal capital I trade higher.. once a portfolio is fully capitalized generally will build into positions more raising leverage into profit... all investments are similar risk

yes im able to get filled without displacing price at these levels.
that's awesome. great to hear!
do you have or foresee any issues in the future of hft algos frontrunning your orders or changing the market so much that this way of trading won't work anymore?
  • #1,166
  • Nov 5, 2010 8:47pm Nov 5, 2010 8:47pm
Quoting rogerdoger
that's awesome. great to hear!
do you have or foresee any issues in the future of hft algos frontrunning your orders or changing the market so much that this way of trading won't work anymore?
the way front running works.. is that the broker or processor sees the orders coming into the market at a significant level to move price and the broker fills his order before his clients pending orders..

this practice is illegal and only really effects the near term.. when you are looking at 4hour and up the price efficiency tightens and the timeframe increases the volume that moves in the market balances out all the HFT front running stuff..

the market doesnt change.. the traders that say "the markets change and so a trader cant use the same techniques to trade all the time" are full of it..

people have been trading things since the dawn of time.. and smart investment decisions have remained the same since..? my question to traders who thinks the markets change frequently.. why use candlesticks patterns japanese rice traders use to use hundreds of years ago?.. shouldnt the markets have changed since then? look at real estate investing for example.. people say its good to invest in real estate no matter how the market is.. but the truth is .. that if house values increase and rent values stay the same the return on the investment drops and thats a sign of market saturation.. and they are no longer good investments.. for example in florida where I live you can get a 3BR 2bath on city plot for about 30k now because of the way the economy is.. rent is about 750 for these houses.. assuming you can fill it at 600 a month discounted to fill quickly thats... 7200$ a year or 7200/30,000=.24*100= 24% yearly dividend.. tell me how buying a house in a down economy will ever not be a good investment decision.. same for anything that has built in income streams.. thats why we build with IRD.. income stream pays back risk .. for example you buy a house and hold for 5 years that house drops from 30k to 15k but youve managed to rent it 4 out of the 5 years well 7200*4=28,800+15k= your investment is worth 43,800 on liquidation.. so even tho your investment went through capital depreciation you made money..

smart trading, smart investing, efficient trading, income based trading, will always make money.

smart institutions, trade with smart money, smart money makes money, smart institutions trade efficiently, and builds income streams from investment activity..
  • #1,167
  • Nov 5, 2010 8:52pm Nov 5, 2010 8:52pm
Quoting domino
the way front running works.. is that the broker or processor sees the orders coming into the market at a significant level to move price and the broker fills his order before his clients pending orders..

this practice is illegal and only really effects the near term.. when you are looking at 4hour and up the price efficiency tightens and the timeframe increases the volume that moves in the market balances out all the HFT front running stuff..

the market doesnt change.. the traders that say "the markets change and so a trader cant use the...
awesome! thanks for the response
have a nice weekend
  • #1,168
  • Nov 12, 2010 6:49am Nov 12, 2010 6:49am
The thread seemed to have died away slowly.
  • #1,169
  • Nov 12, 2010 9:02am Nov 12, 2010 9:02am
lol the process filters people out.. its to slow people need to have something they dont have patience for success... in and out on 15M charts.. but thats ok there trading inefficiently with useless long term strategies and they supply liquidity for me..
  • #1,170
  • Nov 12, 2010 2:51pm Nov 12, 2010 2:51pm
what broker are you using for your stock trades?

thanks!
  • #1,171
  • Edited 10:13pm Nov 12, 2010 9:49pm | Edited 10:13pm
Quoting domino
lol the process filters people out.. its to slow people need to have something they dont have patience for success... in and out on 15M charts.. but thats ok there trading inefficiently with useless long term strategies and they supply liquidity for me..
Or some of us received enough information to put your teachings to use. #justsayin'
  • #1,172
  • Nov 13, 2010 5:01am Nov 13, 2010 5:01am
Quoting Benevolent
Or some of us received enough information to put your teachings to use. #justsayin'
Hey Ben, how you been? Did you check my charts?
  • #1,173
  • Edited 9:59am Nov 15, 2010 8:52am | Edited 9:59am
Quoting domino
lol the process filters people out.. its to slow people need to have something they dont have patience for success... in and out on 15M charts.. but thats ok there trading inefficiently with useless long term strategies and they supply liquidity for me..
trading by understanding order flow works on any time frame. I am assuming you meant useless short term strategies not long?
  • #1,174
  • Nov 15, 2010 9:57pm Nov 15, 2010 9:57pm
Quoting vicky_ag
Hey Ben, how you been? Did you check my charts?
Been good vic. I have been extremely busy lately. I did manage to check out your chart, looked spot on as far as I could tell.
  • #1,175
  • Nov 15, 2010 10:00pm Nov 15, 2010 10:00pm
Quoting Porkpie
trading by understanding order flow works on any time frame. I am assuming you meant useless short term strategies not long?
I've actually had great success trading short-term via orderflow principals. I've started implementing long-term methods thanks to Domino, but intra-day is still my 'bread and butter' so to speak.
  • #1,176
  • Nov 16, 2010 9:35am Nov 16, 2010 9:35am
Quoting Benevolent
I've actually had great success trading short-term via orderflow principals. I've started implementing long-term methods thanks to Domino, but intra-day is still my 'bread and butter' so to speak.
Great stuff. I use 5min but mostly 15m for intraday, but I mainly trade the 4hour which has been the most reliable.
  • #1,177
  • Nov 16, 2010 8:19pm Nov 16, 2010 8:19pm
Quoting Porkpie
Great stuff. I use 5min but mostly 15m for intraday, but I mainly trade the 4hour which has been the most reliable.
I use a 3 minute chart mainly. Fits my A.D.D. personality
  • #1,178
  • Nov 21, 2010 6:22pm Nov 21, 2010 6:22pm
exciting markets love the volatility ireland is bringing to the markets.. remember to be building your books slowly so these crisis dont effect your account.. there is some great HY CORPS out there being sold down on overexposure and may be the next area to build into .. if you guys can .. stay out of goverment bonds they are graded as riskier than corp bonds now by default swaps.. I think the flock out of HY CORPS and overexposed bonds should allow us to get some good risk app over the coming weeks and Ill be looking to HY after.. if you can get yield and equity RA.. nows the week..

diversify .. and build into profitable positions with yield.. because thats where the big money is going..
  • #1,179
  • Nov 21, 2010 6:31pm Nov 21, 2010 6:31pm
Quoting Benevolent
I've actually had great success trading short-term via orderflow principals. I've started implementing long-term methods thanks to Domino, but intra-day is still my 'bread and butter' so to speak.
good to hear Ben you can always hold long term and increase and decrease exposure to act like short term positions.. altho im a long term only guy I rarely scalp unless there is huge huge volatility on average..

remember with long term.. if you build a book of long term positions.. your account will grow with RA and RV which can be enhanced on when and what you select.. and you can leverage into profit on low risk and make outrageous money doing it..
  • #1,180
  • Edited 9:59pm Nov 21, 2010 9:29pm | Edited 9:59pm
Yay, more posts

I need to do more research onto managing positions and equity with excel or whatever program someone can suggest. I like to have complete control over my trades. When I start stacking on more positions I feel like things start getting out of control for a bit. I can definitely see the potential for crazy profits, it's just a matter of managing them for the long-run. I know you spoke of handling over 500+ market positions at once(correct me if I'm wrong), is there any advice you could give for management of these positions? hugs and kisses
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