Search results

Pattern coding is not that tough....it's just a lot of conditions that must be assigned and then combined: Cond1=High>High[3] and Low>Low[3] Cond2=Average((High+Low+Close)/3,4)>(High+Low+Close)/3 If Cond1 and Cond2 then Buy That being said, I saw one programmer actually show his trades in...

Yeah, but there was a rationale explanation for this current crash. The flash crash had no real economic or political event that triggered it. Hugely different set of circumstances. Again, Nav and his lawyer need to get the trades and orders the day of the flash crash to show that he wasn't the...

It's all about China. That move occurred likely because China's Shanghai index never rebounded from the 5% down move.

You mean "market making" ?..... and yes, that's another valid category.

HFT should not be a category.....it's just shorter term trading using price action, time series or indicators.

The economy would have gone into depression with many bankruptcies and foreclosures happening all at once. It would have been cathartic....and by now, we would probably be starting to recover....and the future would be looking bright. Instead, we've been on a slow-no growth path....and now the...

I don't think you have a system, so you are just gambling IMHO. Plus, if you are shooting for $1,000+ per day, you should be trading at last 5,000 share lots. What's your average number of shares ?

You are kidding, right ?

That is such stupid thinking in this day and age of spoofing. The order tape is a fraudulent depiction of real intentions. Now if you can profit from the fraud, then you now have a good system on your own.

That was very shrewd....probably the only way to go.

But his lawyer cannot prove that without a forensic study of all of the orders and all of the trades on that day. He'll likely have to subpoena the CME Group to get the requisite data files. We are probably talking several million rows of data here.

Yeah, that ratio makes sense: 85 to 1....LOL. That's our CME Group for you.

Anyone beta testing their futures data ?

I would not be so sure that Sarao LIED so much as he simply did not comply with the CME rules. Also, He didn't lie about the money, he told them where it was. He didn't lie to the tax authorities, he simply hid the money. So bottomline: Nav is extremely bright and did all of these things because...

You need M3 Money velocity to pick-up for there to be proof of a stronger economy. The Fed has discovered their tools aren't working to increase M3 velocity.

The controversy is over the advantage....is the advantage the ability to SPOOF or get REAL ORDERS PLACED faster than the other traders/bots. My contention : It's the SPOOFING driving this.

On what grounds does the US think they can take his money ? Damages due to the flash crash ? What are they going to do, give traders or investors their money back ? Nav needs his lawyer to get someone to prove he was not the only actor on that day of the flash crash....it's simple.

Uh...charge for excess cancel orders...do it a way that is fair and compromising. So simple, yet "so far away" (a take from the "Carpenters"... so close, yet so far away") Duffy is such a F...ker. He won't do it.

http://www.elitetrader.com/et/index.php?threads/flash-crash-trader-has-severe-case-of-aspergers-syndrome.293577/ Guys - it appears that Nav is out of jail !!!!! I asked the moderator to move that thread to this one. What a turn of events !!!

http://www.elitetrader.com/et/index.php?threads/uk-trader-arrested-for-may-2010-u-s-stock-market-flash-crash.291002/ Wow, this is great news, but can we place it on the thread that's been following Nav ? Moderator ?