Anyone know of tricks to beating other traders..

Does anyone have any tricks to beating other traders? I think that I have the NYSE open book covered and it as if someone is spying on my computer. I will put in a bid, assuming I have the highest, and someone puts in my bid every time I bid at the same time before me. Obviously, I am very new and am just learning the ropes of this supposedly cut throat game. Is there a way I can prevent this and get an edge over these people? I am just trying to learn all this as I go :)
 
Quote from efh1108:

Does anyone have any tricks to beating other traders? I think that I have the NYSE open book covered and it as if someone is spying on my computer....................................I am just trying to learn all this as I go :)

You just need to be one tick in front of the big boys. That is all there is to it.
 
Quote from efh1108:

Does anyone have any tricks to beating other traders? I think that I have the NYSE open book covered and it as if someone is spying on my computer. I will put in a bid, assuming I have the highest, and someone puts in my bid every time I bid at the same time before me. Obviously, I am very new and am just learning the ropes of this supposedly cut throat game. Is there a way I can prevent this and get an edge over these people? I am just trying to learn all this as I go :)

Are you sure the bid is "before" you? If the trigger for a program to put a higher bid in is your bid, your order should have an earlier timestamp, unless you're being illegally frontrun (you're not).
 
I have growing concern for KTS's well-being. First, he's crawling around inside charts. Now, it seems he's contemplating crawling around inside dudes' pelts. Also, he has way more posts than me, despite joining ET two months after I did.
 
Quote from NoDoji:

I have growing concern for KTS's well-being. First, he's crawling around inside charts. Now, it seems he's contemplating crawling around inside dudes' pelts. Also, he has way more posts than me, despite joining ET two months after I did.

you don't get my humor do you?

it's sunday for chrst sake, lighten up
 
Quote from killthesunshine:

you don't get my humor do you?

it's sunday for chrst sake, lighten up

Oh, sure, "killthesunshine" telling ME to "lighten up"!

Moderators! Control this treachery!!!


:p
 
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