LD Lossdog Research
topic

trading process

11 matching records.

Insight

Market Research and Decision-Making

The transcript highlights the importance of conducting thorough research before making trading decisions. It emphasizes that quick decision-making should be supported by context and research rather than being made in isolation. This approach ensures that traders are not making impulsive moves without understanding the underlying factors.

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Applicable when
  • Market volatility
  • Uncertain market conditions
Limitations
  • Requires time and resources for research
  • May not be suitable for fast-moving markets
Q&A

Why when I go to hit a bid does it always disappear?

The speaker is asking why the bid disappears when they attempt to hit it, suggesting that the bid might not be accurate or available at the time of the trade attempt.

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Actionable takeawayThe bid might not be accurate or available at the time of the trade attempt, which could be due to market conditions or platform issues.
Q&A

What is wash trading?

Wash trading is the practice of creating artificial volume by placing trades that cancel each other out, often to inflate the appearance of market activity. It can be incentivized by exchanges to attract market makers and create liquidity.

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Actionable takeawayWash trading is a form of market manipulation that can distort genuine market activity and is often incentivized by exchanges to attract liquidity providers.
Q&A

How do traders determine their trades in the pit without charts or option chains?

Traders in the pit rely on real-time order flow, observing the volume and size of orders around them. They focus on making small profits, often in the range of nickels, dimes, or quarters, by identifying edges in the market. This approach contrasts with modern trading, which often relies on theoretical value and complex models.

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Actionable takeawayPit traders rely on immediate market signals and small profit targets, emphasizing edge identification over theoretical models.
Q&A

You should always show last net change, bid, and ask price a minimum of four columns. I know you like high and low.

The speaker emphasizes the importance of displaying last net change, bid, and ask price in at least four columns, acknowledging the preference for high and low values.

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Actionable takeawayAlways display last net change, bid, and ask price in at least four columns for better trading visibility.
Q&A

Do you guys find all your own trades or do you have some other source?

The speaker and their colleagues find their own trades. They do not rely on external sources but may consider trade ideas from others. They acknowledge that they sometimes take different approaches to the same trade ideas and that they listen to ideas from emails or other traders, but they do not necessarily follow them.

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Actionable takeawayTraders should find their own trades and consider ideas from others but not necessarily follow them.
Q&A

How do you find new trades?

The speaker acknowledges that finding new trades is a common question and suggests that it involves understanding market mechanics and identifying opportunities. They emphasize the importance of adapting to new market conditions and exploring different instruments.

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Actionable takeawayUnderstanding market mechanics and adapting to new conditions are key to finding new trades.
Q&A

Do you tweet these out or do anything?

The speaker mentions that they will post all trades when the new software is launched, but they do not own their own brokerage firm. They are working on partnerships and deals.

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Actionable takeawayThe speaker plans to share all trades through a new software platform, but they are currently working on partnerships and deals to establish their brokerage.
Q&A

Do people who create their own watch lists, scanners, indicators, and algorithms earn commission from users?

Individuals cannot earn commissions from users unless they are licensed. However, they can sell their tools or ideas on a licensing basis. Scanners are more likely to be marketed for a fee rather than on a commission basis.

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Actionable takeawayCreating trading tools can be monetized through licensing, but commission-based earnings require licensing and are not available to individuals.