TRADING TIPS

Program Trading, Where to Find the Numbers

Hubert Senters here. In order to find the number all you got to do is use your search tool. I’m just going to use Google and type in program trading and a bunch of different websites will come up. And here’s your definition of program trading. So the lessons that I taught you yesterday that’s where it is. So what you’re going to do is you’re going to scroll down here to programtrading.com Click right there and then you’ll see a website that says HL Camp & Co. I have talked to this guy. He’s a nice guy. He describe to me what is mass is doing. It’s over my head but he’s a nice guy. So what you’re going to do here programtrading.com buy/sell.htm All you’re going to do is you’re going to click right here. Program trading. If you’re at the home page if you land here what you’re going to do is click on this button right here. BuySell one time. That’s going to take you to this paragraph and you’re going to have update this before the market open at 9:30. Usually have it open their numbers up at least 30 minutes before the market opens. And this just for intraday trading of index futures or anything that’s a market proxy so it’s not for swing trade. And what you’re looking for is sentences. Our computers are set for program buying at $-6.30 and set for program selling at $-9.30. So $-6.30, $-9.30 that’s just good for that day and that day only. So I’m going to remove that then what I’ll do is I come over here and I’ll put it on this chart. Let me shrink this down and fit it in here for you really quick. Now, differen platforms are going to call this something different. I use Trade Station so I’m going to tell you what it is for Trade Station and I tell you what it’s for TOS. Other than that, you’re going to be on your own. You’re just going to have to do a little homework it and call your broker and they’ll help you out with it. So this on Trade Station obviously you can see on the background. $ESINX. You can also see it on the upper left hand corner of the screen right here, $ESINX. If you’re a TOS user what you can do I believe this is the correct term. ES-SPX. That will be for obvioously the S&P500 premium index. And then what I’ll do is I then place the lines here and manipulate the horizontal line and then I’ll left click on it and I’ll make sure that I’ve got an audio alert on this bad boy so that I don’t miss it. And I’ll configure it to something that will kind of get my attention and so I put an audio alert on that. And then all you have to know is the first one to three minutes. Leave it alone. And let it get into its pocket. I call this the pocket so you can see the first three minutes of this. I’m going to leave it alone. One. Two. Three. And then after that program. Program sell. So I would buy here. Sell there. Sell here. Sell there. Buy there. Buy there. Sell here. And then the last few minutes and going to close a kind of worthless too. This is a sell and then this right here you’re not going to pay attention to this. This is where the markets closing. Now, when I say I’m buying or selling, what am I buying or selling? Dow or S&P futures? Or you can do an ETF if you want. This usually start out as really quick scalp trades so pay attention. Trade Thirsty is hosting a FREE webinar on How Successfu Traders Pick Their Stocks Wednesday, May 5th at 7PM EST. It’s all about the Vantage software. It’s a good software. Take a look at it. It might help you out. It’s going to tell you whether your thing that you’re trading is going to go up the next three days or down the next three days with a ford projecting algorithm. Good luck. Hope it helps. See you on the next video. Hubert.    

3 Comments

  1. ALAN HUGHES

    different subject: day and night margin with TOS ….. are u aware that tos has no day / night margin
    difference

    THEY STATE THAT DAY IS ONLY 50% OF NIGHT (+4K) WHICH IS A LITTLE MORE THAN 2K A CONTRACT LITTLR STEEP IMO

    YOUR OPION PLEASE

    Reply
  2. ALAN HUGHES

    THE ABOVE REFEREMCE 30 BOND sorry

    Reply

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