Recent content by NY0BScalper

Start your own retail firm and provide "price improvement" to the customer order flow. Or pay an existing retail firm to give you access to their customer orderflow. Posting liquidity on an orderbook puts you at an inherent queue disadvantage which you can't do anything about.

http://www.reuters.com/article/2012/03/28/us-science-cancer-idUSBRE82R12P20120328 A former researcher at Amgen Inc has found that many basic studies on cancer -- a high proportion of them from university labs -- are unreliable, with grim consequences for producing new medicines in the future...

Shill alert. Some things never change =D

Slippage has nothing to do with zero sum, just with where your orders are filled based on what other market participants will pay. I've never understood why traders (not criticizing you, in general, I see it a lot in this forum) don't get this. Throughout my career slippage has been...

The real issue which keeps both wages down and jobs abroad is our anti-business government. Get rid of all the futile, ineffectual regulations and taxes and wages will rise and companies will have motivation to start doing business here. At least one prominent fortune 500 CEO has said that...

To the original poster: If you buy 100 shares and sell 100 shares, do you pay $13? I'll just say the following: if you are indeed a true newbie innocently blogging about your experience, you have gone down the wrong road. If you are even remotely serious about trading or making money...

I know what whiteout's saying. If you watch TAS all day, you'll frequently see that particpants break up their orders. 5000 might be 1100 1200 1300 1400. When a computer program wants to do a large print that might take out a level, it does four smaller prints at the exact same instance. One...

One can't compete with on that timeframe/in that scale without. Lots of firms out there will offer hyper-low rates (relative to rates of the past, at least). You usually have to give up a percentage of profit (5-20%, but not always) and commit to some volume (2-10 million). A firm will give...

Actually, it was just level I data. Price, size for each market center. No time and sales, so you can't call it price action/price/TA; besides the trades that were people taking the other side of my robot's traders/orders, if no other trades went off, my bot would still trade (based on the...

Eh. From my experience, at least trading products that move (spy has an average range of above 100 cents so that counts as something that "moves,") I'd have to say no, you want to get out of your loss and the price is you remove liquidity and pay for it. But that's OKAY, you can still make...

Thanks, Kohanz, for seeing how presumptive someone is being. There's another option for how my system could have been trading that I haven't seen considered. It wasn't weather or data unrelated to the stocks it traded, and it wasn't "price" in the traditional sense. Definitely not anything...

I've seen you flame other people in the past and, though I generally agreed with you, found it a bit harsh. In this instance, you're making a mighty fool of yourself. Yes, looking at price chart history, or volume, or price along with no indicators is still TA. I WASN'T DOING ANY OF THAT...

I've done it. It took the following: I already had a strategy that worked manually. I saw that automating would allow it to trade on more stocks simultaneously and be significantly quicker to react to certain situations. About two months of development time. It took nearly 50 builds...

I'd recommend getting BYXONLY and NSDQBX, in case there isn't enough liquidity pn EDGA. As far as why people use the more expensive exchanges to take liquidity, there are two types of situations: A) Market Participant A takes liquidity from an expensive ECN such as NSDQ/ARCA/EDGX because...

I'm not sure if your first paragraph is sarcastic. If it is, whatever. It wasn't my site, and it wasn't recorded. It was just a live-stream, in a chatroom. Someone who was logged in could have used Camtasia or something and created a record, but it didn't work that way. You logged in, saw...