Search results

I fought back the urge to cancel all three of my late openers: LXK, MMM, and MRK. I'm happy I kept all three. LXK was the best, a .70 winner.

Has the book been released for sale? I'd like to see it. Any info private or public would be appreciated. Thanks!

Tony, Do keep that risk element in the front of your mind at all times. These are some of the questions I ask myself: (I'll use your numbers in my example). Can you afford to get a 3 sigma fill day? (I'm guessing that might be around 45 fills....a really rough guess on my part)...

Sure. You've no doubt read about opening orders elsewhere on this site. One of the things that I have built for myself is a fully automated program that will trade these. Basically, I'll start the program which in turn sends my orders at the appropriate time, monitors my positions, and closes...

TruthTeller, I'm sorry if these recent posts are coming across wrong. This thread's emphasis was based more on swingtrading pairs like FRE:FNM and the like. This clearly does not fit the prop model. I am the one who has suggested that I personally trade pairs on a shorter term. I'm...

Essentially yes, you'd like to equalize these to 30 minute, 60 minute, or whatever movements are in line with your timeframe. The profitability of this method comes with the timing of each ones move. That is to say, statistically, these two tickers have demonstrated historically a greater...

Try iVolatility http://www.ivolatility.com/options.j?ticker=spy&R=0&top_lookup__is__sent=1 For example, using SPY above, Historical Volatility 10 days is 17.97%. So, 0.1797 / Sqrt(250 days in a year) = 1.137% in a day Multiply this times the price of SPY, $100.24, and you get a 1...

I see automation in trading to be a lot like a two axis autopilot on an airplane. It's great to fly with, but I'd never leave the left seat. A more crude example is a cruise control in a car. When these first came out, they were somewhat of an oddity, a luxury to be careful with. Now, it...

GATrader, The first method that you suggest is probably the most common, but I feel more strongly about making a volatility match. Of course, the volatility sample and history window should match your trading timeframe. I trade pairs very short term. Clearly, any dollar balancing or...

There's one thing I want to add about Liquidity Quote (LQ) that I am finding very useful. Mine updates continuously. It appears as part of the NYSE Open Book, which refreshes every ten seconds, but in the interim, the LQ will be constantly changing. So, even if it's not showing any added...

Hi Joetrader, I also use TradeFactory, mostly the spreadtrader product. It sounds like you are sold on the speed and reliability of the combination, correct? Is that the big draw for you? I am very happy with it as well, although I've found the interface to be less-than-intuitive. But...

A good source to check for stocks going ex-dividend on any particular day is http://www.companyboardroom.com/highlight.asp?client=cb, just check the dividend tab.

As you'll see when you watch these stocks more closely, volatility will be only a starting point. Three stocks with very similar volatilities can trade very differently. One will move smoothly from one price level to another, generally in 2 or 3 cent increments, others will just freeze the...

I can do that, but probably not before the weekend. My current approach is very short term moves, you might even call it scalping pairs...

No, I agree with everyone else who posted. Not any change that I can see. That size does change around during any given time span, but so far, it doesn't seem to be affecting the stock at all. Perhaps in some less liquid issues, this will have a greater effect.

This makes a lot of sense, as these haven't been acting very 'normal' lately. In fact, they've been downright ugly misbehavin'. :)

OK, sorry to keep posting one after another here,.. but as I'm reading through the above site, I realized a potential "gotcha" that would be good to stay aware of. The Liquidity Quote can just be a summation of what's in the book. It "may" contain additional shares from the crowd or...

For more details on this, check out http://www.nysedata.com/liquidity/

Hey Sirjinx, If it's any consolation, not only have I forgotten to roll what's on my IB screen, but about a year ago, I actually traded the contract that way. I was furious about the fill that I received, as it was 0.75 away from what I was seeing on my other programs.... Then I...

It should be available with any service that offers NYSE Open Book. It is "bundled" with that feature. ....and a "bargain" at only $50/month :)