It seems more like a technical move triggered by a large order setting off a cascade of trailing stops and stop-loss orders in multiple markets simultaneously. A similar thing happened in early January.
This should be the ET quote of the day.
BUT.. you must add to it the caveat -that as a trader UNTIL the market CONFIRMS, you never know what is "a proper position", therefore be sure to positon size properly and to have your stops!!
So if the trades are timestamped,what can you do to prevent this, if any?
How do you prevent them from âseeing your tradesâ?
Iâm also curious, how would you go about reverse engineering a system with trades and time stamps?
Finally, assuming you DID NOT have timestamps, just a...
See below, press release from the CBOT, regrading the July 3 Mini-Dow mistrade.
Frankly, I think this is nonsense.
See this quote: "Contrary to rumors that have circulated regarding this activity, the catalyst for the market break was not an order entry error. Rather, a large sell stop...
Has anyone visited South Africa? I hear Cape Town is a beautiful city with a great beach. Any thoughts on South Africa as a great place to trade from??
Good Job!
Here's my quick advice.
1. As one previous poster said - do something nice for your parents/siblings use 10% of your windfall for this
2. Do something nice for yourself - 5 - 10% of windfall
3. If you are a Christian I woud urge (as you should already know) to tithe 10%...
Thanks SmoothTraderFX.
Your thoughts were my initial thoughts, that one could get a sense of the trading style, but not the actual logic. But after more thought, I do think it can be done, if you have system design expereince. Maybe I am just paranoid. Furthermore, i am aware that some...
ETs,
Do you think that a System can be reverse engineered just from viewing daily trades/account statements?
For example, if you are a systematic trader and run for instance a manged account for a very market-savvy client, do you think they can review your historical trades and reverse...
Yep, Spain is incredibly attractive for quality of life. Is there anyone who has lived or lives there now, who can provide the rest of us untraveled folks more insight on the beauty of Spain??
I guessed you meant 6895 and I just wanted to alert you so that you clarified yourself. You've been quite upfront and I don't want you to leave yourself open to criticisms from those who enjoy doing so.
All the Best - Trading,
Best Regards,