Post to encourage discussion regarding your automated system's preferred order types and/or method of actualizing your cause to enter/exit a position in a market.
I'm sure much has been said about this in the past, but as technology and the nature of the markets have changed so much in recent cycles, I think a new exchange could be fruitful for everyone.
Primary Arguments: Does your program normally conduct business through market orders or limit orders?
Tangent Arguments: Are there people who are using a 'human' fill mechanicism? What are other alternative and popular methods besides market and limit for fully automated trading?
Tangent Arguments: What additional coding have people found necessary or helpful above and beyond the standard market/limit uses?
Tangent Arguments: To what degree have you had to change your order method to better complement or in some cases compete against your broker?
Tangent Arguments: All about liquidity. What are the perspectives regarding the changing liquidity situation, the sometimes absence of effective market makers (thinking of a recent Trader's Mag. article), and what to do when your boat is too big for the harbor.
Hopefully we'll get a number of good post here. Thanks guys.
I'm sure much has been said about this in the past, but as technology and the nature of the markets have changed so much in recent cycles, I think a new exchange could be fruitful for everyone.
Primary Arguments: Does your program normally conduct business through market orders or limit orders?
Tangent Arguments: Are there people who are using a 'human' fill mechanicism? What are other alternative and popular methods besides market and limit for fully automated trading?
Tangent Arguments: What additional coding have people found necessary or helpful above and beyond the standard market/limit uses?
Tangent Arguments: To what degree have you had to change your order method to better complement or in some cases compete against your broker?
Tangent Arguments: All about liquidity. What are the perspectives regarding the changing liquidity situation, the sometimes absence of effective market makers (thinking of a recent Trader's Mag. article), and what to do when your boat is too big for the harbor.
Hopefully we'll get a number of good post here. Thanks guys.