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Right... is there a good book or something on this? I want to learn more.

U.S. Equities - Pattern Day Trading

Can anyone recommend a good learning resource on hedging? Ty --Keith

What kind of orders were they? Market orders? Market On Open (MOO) orders? Limit? Limit on Open (LOO)?

The darlings; stocks that the news loves to report on: AAPL, TSLA/Elon, CSCO, MU, FAANG, etc.

So if Yields aggregate the market view on growth, where is it? If yields spiked up to 170+ bps, then they must have been expecting some form of growth... did it happen? What industry? Show it to me. Imnsho, there's no growth, except for Quantitative Easing, stimulus, bailouts, and Inflation...

It's very frustrating for me. It's so SO far from a free market. I want to see price discovery; prices based on values of goods and services. The politicians and policy makers are elbows-deep into the markets, manipulating them for whatever interest. Take our beloved AAPL for instance. I'd...

That was very nice, thank you.

Two words: Quantitative Easing The Fed is pumping 120B/month into the Fixed Income and Mortgage markets... and I suspect more in other ways. I believe that a sizeable chunk thereof is ending up in the markets. Let's not forget that the Fed Funds Rate is next to 0, making money extremely cheap...

Yes... I've heard it a million times. By the letter of the law, they were within their rights... but President Trump is not a typical user: Mr. Trump was, at the time, the standing President of the United States, Leader of the Nation, and Commander-in-Chief of the US Military. These social...

Ah; ok we sort of agree then. I think that it is a "shitty" algo; one that shows its hand. Perhaps one offered cheaply or free by a discount broker. Other points solid, and I agree.

Damn right! Their bans were an egregious, unconscionable offense to the standing President. No lube for these communists. Put your fact-checkers to work on that! The former president remains suspended from most social-media platforms following the Jan. 6 riots in the U.S. Capitol ‘We’re going...

Good post... will read when I get home. I'm not sure that we disagree... what is your point? The OP asked for an explanation as to why the sharp spikes and plunges occur. I've offered a VWAP variant as an answer... what is your position?

If you were a desk trader, I assume you didn't code, do quant work, or write algos, correct? High-touch and low-touch are two different worlds. Also, find below a couple examples of TCA and IS, from an algo perspective. A little light reading XD. Ref:

Evenly-spaced sharp spikes and plunges, responding to increases/decreases in price, arguably volume. My comment is based on an understanding of Transaction Cost Analysis and Implementation Shortfall. Basically, the goal is to generate and take profits while minimizing both transaction costs and...

It implies that somebody has an algo running on the instrument.

I see your point, but disagree, because I think that live trading is the best way to learn. Paper trading is ok at the start, but you must have some skin in the game to _really_ learn. I love to see peeps getting out there, taking their lumps, and learning lessons. I advocate for trading with...

Looks like an algo signature to me. You don't show volume, but I imagine some variant of VWAP, or even TWAP based on the regular time intervals of the drops. Part of writing a good algo is faking out the competition... show a nice clean trend one way, then drop a hard trade the other. Like a...

Good thought... I did some work last month on a model for flow of market-moving information, from source to public.

Trading today, I realized that the EMH must be false. I respectfully disagree. The reason is that if new information becomes known, traders/algos can't just instantly submit huge buy or sell orders. This would devour standing orders on the book, and they'd just put the price up or down on...