I would like to know anyone's experience with SIGMA X, are you who are using it, using it to mainly get into and out of shares between the spread? Prints outside? Anyone getting in on the timed cross at 10:30? Trying to learn as much as I can about this. PM if neccessary.
I would adjust accordingly. When you decide you want to trade 5k blocks, doesn't mean you do it on MA. If you are comfortable trading 100 shares on $100+ stocks try 400 or 500. Im hoping the OP can see L2 quotes and can adjust his size according to liquidity.
I agree, you just...do it. Make yourself uncomfortable a couple times by putting on a big postion. If you are confident in your ability to be consistently profitable, just put the trade on. Try to only look at the cents, not the dollars you are up or down in the trade.
$0.10 is $0.10 with...
Exactly, would you rather compete with sophisticated algo's during lunch -- or fearful, greedy people at market open and close. This is day trading 101.
2 hour lunch is not unusual. Most people get churned mid day. There is the occasional mid day move that is worth staying around for. It all depends on your style of trading. Myself, I take about a 15 min break around lunch time and thats it. My style of trading requires me to be infront of the...
I think you answered your own question here. If the people saying this is the hardest market they have ever traded are in their 20's...they are probably correct. Most "young bucks" were in jr high and high school in the 90's -- not trading shitty markets.
So yes, this probably is the hardest...
There will always be something to trade. With change in the market comes opportunity. People have been calling the death of daytrading since it started.