Prices go up, and prices go down. Traders, algorithms, market makers, investors are monitoring for entry points, exit points, risk to open positions, size for new positions, spread from other markets, and it goes on. There is an endless cascade of money making strategies all related by the data they depend on. The actual execution [...]
Prop Shop Trading Exercises
In closing we discuss how to move forward from the Prop Trading drills and automated trading. The exercises completed so far should help you grasp probabilities in trading and in determining the outcome of individual trades i.e. you don’t know which trades will be your winners and losers. You can also scale this understanding to [...]
In a world of auto spread trading (auto-spreaders), systematic arbitrage and automated market making, nearly all markets are being traded against each other in one way or another. For discretionary traders, the sooner you can broaden your market perspective to consider the price action and order flow trading across asset classes (related markets) the better [...]