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What was so fishy about the last time this happened to me is exactly what MISSED explained. I sent in a Market order, and in an INSTANT, The bid dropped 10 cents, printed me, and popped back up 10 cents. I was the ONLY print at that price. When I say, in an instant, im talking 1-2...

And thereby create a flea market where everything is consolidated so the masses dont have to waste their time going to every single little garage sale. Time is money after all. We make markets too...no? :D Also...as in my previous post... MOST professions dont "produce" anything...

There is nothing immoral about trading. It is not theivery because it happens between consenting adults. If a lose to my poker buddy, he didnt steal anything from me. What good does it do for society? Not much. But the same argument can be made for a CEO. But this very short...

I often wonder about Swing traders and 9/11. Did they all get hammered? Did the smart ones hold onto their longs knowing it was an overreaction and got their money back? Did the smart ones cut their losses quick? Or do swing traders attempt to have their longs balanced by an equal number...

Just for the record... I really like the NYSE system and hope it doesnt change, since I have found several edges in it. However...I just gotta laugh when I see these SPECs pull crap like this. :D peace axeman

LMAAAAAAAAAAAOOOO!! My butt aches in a fair and orderly fashion. That bastard... peace axeman

Yeah yeah .. I know... I know... But do they have to so BLATANTLY take your money??? I mean come on... is "fair and orderly market" THAT much of a complete joke??? peace axeman

Because when I enter a market sell order on a thin stock, the SPEC drops the bid by 10 cents, prints me, and then moves the bid right back where it was. That guy is sitting there thinking...what a dumbass... free money! Thank you very much. Fair and orderly market huh? :D Thank you...

Thanks def.... Now the question is... does IB give me the imbalance numbers? :D If so...how? peace axeman ( IB user )

Ok, So basically im guaranteed the closing price, which may move due to my additional shares. The SPEC cant choose NOT to fill me. Is that correct? Can I put in a MOC order 1 min before the close? peace axeman

Do you always get exactly the close price when you place an MOC order? If not, what percentage of the time can this be expected for say: 100 shares 500 shares 1000 shares 2000 shares 5000 shares peace axeman

Nope. You can back test oscillators to prove to yourself that they alone have no edge. Lets face it... all an oscillator does is tell you when the market has been moving in a certain direction too long for *IT's* setting. An oscillator with period X can say oversold, while...

Ugghhh yeah.... 2000 and 2001 Ended up lower from Tgiving to Xmas. peace axeman

Did you guys collect all this ES data or did you purchase it somewhere? Any ideas on where I can get a ton of 1 min ES candles? Or any candles for that matter. Id like to backtest some strategies too... ill post results if anyone knows a data source for ES/NQ. Or ill code up strategies...

Hmmmmmmmm.... I tried this on SPY from mid 1996 to the present using percentage similar stops and didnt get anywhere near this performance. Any ideas why? Ill post details later. peace axeman

How about a screenshot of the news feed? Also....s this software you run on a windows platform? Or physically a seperate terminal? What technical requiresment are there to get a bloomberg terminal? Someone mentioned a T1 line. peace axeman

Agree wally. Everyone seems to make a really bad assumption in regards to frequency. What if I took trades with a 100:1 risk ratio? :D That must be better than 3:1 right?? I would get stopped out all the time, because the frequency of the "100" occuring would be close enough to 0...

Could someone post a screen shot for us? Assuming its not physical terminal. peace axeman

Any system can produce winners in the hands of a successful trader, because he has something you dont. Instinct. I think its bullshit, that its all about cutting your losers. Its more subtle than that. You can backtest cutting your losers, and this alone will not make you profitable...

Forget about trading then. Wait for the next bull market and load up on SPY. This is a phony thread anyway...so who cares. peace axeman