What the SEC seems to be saying is that there will be price movement (intraday trends), but with price not moving too far too fast: "In today's complex electronic markets, we need an automated and appropriately calibrated way to pause or limit trading if prices move too far too fast," SEC...
"...but if the freeze period is only a few minutes...". It might not freeze. The bid/ask might be capped with MM still actively trading the spread. When it's uncapped price starts to move again. If it works that way scalpers might be out of the game. If buying and holding for the trend, there...
Thanks Jerry. This reminds me of when I started with QT years ago and you walked me through it, email after email, until I got QT going. I am still using QT. My favourite part are the inline mini charts that I use to compare ETF sectors and indices.
Thanks.
Thanks Jerry.
DTN sent me a qtfix.zip patch.
I downloaded the patch to my desktop, opened it (23 items), and clicked on Extract all files.
It said files will be extracted to C:\Users\Reid62\Desktop\qtfix
When I clicked extract it said "Windows found that this file is potentally harmful", and...
I got a patch from TDA: qtfix.zip, compressed (zipped) Folders.
I clicked extract all files with destination as C:/program files/Quotetracker. But it tells me: "Compressed (zipped) Folders was unable to create the specified directory. Ensure that the directory does doe already exist, and that...
You need to call firms that use institutional daytraders. Talk to them and visit their trading rooms. Get your head into what trading is about. Find out about licenses you will need to get. And know that it's all about developing your own trading strategy, on your own, then they will let you...
Get the MBA first. That will be your safety net. While you are at it, print out intraday charts. Take them to bed with you. If you love them, then see how you would trade them. But, if all you can see is randomness, get to heck outa dodge.
After a choppy Tuesday, stock indices returned to trending.
After a pull-back to 10:20am, the index trended up to noon time. Indications for a likely change in direction came at 12:29 and the index is off it's high. The market proceded to downtrend to close close to the day low. Profitable...
Yesterday (Monday) stock indices trended down short-term from around 10:08am. It then trended up from 10:45am to close near the high. There was profitable trading both ways.
Today stock indices were bouncy all the way down to close with a surprise run-up starting at 3:30. Going long and going...