Recent content by smoss

Thanks, that would explain it

It seems that lately there have been several days with all indices in the green all day, and yet trin has been markedly > 1. trinr and trinq seem to have been at appropriate levels, just the straight trin out of whack. Is this a case of 1 stock down on the day with enormous volume?

volume is fine, but spread is much worse than was as ER2. Seems the bots control the inside and keep it wide.

watched it happen, real trades all the way up and all the way down. I had a market sell right after open, got a smidge over open price, then watched it fly up.....

All of the previously stated reasons for failure are valid, of course, but currently the biggest reason is plain and simple difficulty in finding an edge. With bots and program trading taking over the markets, it continues to get ever more difficult to actually have an "edge". Even when...

Anyone have a sense for when the CEF's will stop their bloody decline? It doesn't seem that they positively correllate with anything specific, such as interest rates, bond yields, or overall market.

okay, so it seems you all "know people" who are making zillions in stocks, why no posts from them. What exactly is it that YOU are trading, and why is it not stocks if it's so easy now?

It is not volatility per se that I find to have changed significantly, it is the randomness factor. I totally agree volatility is needed to make money, but clearly there must be order to the volatility, or else it's just playing craps any way you look at it. The randomness has definitely gone...

Seems over the past year or so most all the stock daytraders (intraday) that I knew have gone bust or moved to futures. This has become very evident in the bid/ask spreads getting much bigger lately and no more piles of daytraders at the inside jumping in front of each other incessantly adding...

TS has good fast data generally speaking but is very computer cpu intesive--if you don't have a fast machine, you will definitely get lags. If you've got a smokin system, usually a most excellent feed/platform worthy of anything you want to do with it.

http://www.cme.com/trading/get/abt/functionality/lmm.html looks like indeed it does not apply to ES though, only to a few markets.

there is something like preferred market maker status on GLOBEX that indeed does let you cut in front of the line. This was explained on an ET thread sometime in the past, with a link to the globex description of such.